- Opportunity to purchase in Riyadh, Jeddah, and more from 2026
- Saudi Cabinet approves new regulations
Saudi Arabia has taken a significant step in the real estate sector by opening its doors to foreign buyers. Starting January 2026, non-Saudis will be allowed to purchase properties in select zones across the country, including major cities like Riyadh and Jeddah. This move aims to attract foreign investments and boost the non-oil economy as part of the kingdom’s broader economic diversification strategy.
The Saudi Real Estate General Authority will soon release regulations within 180 days, specifying the areas where foreigners can buy properties. These rules are designed to protect Saudi interests while fostering international partnerships.
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Majid Al-Hogail, Saudi Minister and Chairman of the Real Estate General Authority, stated that the decision aims to increase real estate supply, attract global investors and developers, and further promote foreign direct investment in the Saudi market.
This law is part of a comprehensive real estate reform strategy that includes safeguards for Saudi citizens. While the purchase rights will apply to Riyadh, Jeddah, and other designated areas, additional regulations are expected to be in place for cities like Mecca and Medina.
