The CEO of the General Authority for Real Estate, Engineer Abdullah bin Saud Al Hammad, stressed that the rapid development of the real estate sector the real estate sector comes as a continuation of the unlimited support of the wise leadership, as the housing and real estate system is a developmental pillar and a major engine for diversifying the economy and enhancing the quality of life.<During his speech at the opening of Riyadh Real Estate Show 2026, he explained that the transformations witnessed by the sector come as an extension of the objectives of the Kingdom's Vision 2030, which set a clear framework to empower the private sector, build a modern legislative system that enhances transparency, increases market efficiency, and opens the way for effective strategic partnerships.

Real estate regulatory system Al-Hammad pointed out that the real estate regulatory system has established a more integrated market based on a strategic partnership between the real estate developer and the real estate broker, which raises the quality of the product and enhances its alignment with the needs of beneficiaries, indicating that the relationship between the two parties has become an integration relationship that starts with product innovation and planning, and extends to understanding the customer, analyzing demand and reading market shifts, which is reflected in more realistic and sustainable projects.

Possible real estate legislation, primarily the off-plan sales system, and <a href="https://amlak.Real Estate Contribution System and the Real Estate Brokerage System contributed to reorganizing the real estate development cycle, enhancing professional practice, and expanding the base of organized investment, thus supporting market stability and enhancing confidence between all parties, pointing out that the immediate license for off-plan sales represented a qualitative leap in empowering developers, by reducing procedural periods and accelerating the launch of projects, and linking planning to actual demand within clear regulatory controls that preserve rights and support sustainability.

Qualifying more than 400 real estate developers
He pointed out that 2025 witnessed the qualification of more than 400 real estate developers, and granted them more than 100 licenses for projects sold on the map in various regions of the Kingdom, resulting in the licensing of more than 70 thousand housing units of various types, within integrated communities that take into account the quality of life and keep pace with modern urban standards, He pointed out that the city of Riyadh topped the real estate scene in terms of the volume of licenses and units licensed for sale on the map, accounting for 42% of the total licenses, with a total of more than 200 thousand real estate units and an estimated sales value of more than 240 billion riyals, reflecting the strength of demand, the confidence of developers and the effectiveness of regulatory tools in supporting balanced and sustainable growth.<He stressed that real estate balance is one of the pillars of sustainable growth, as it creates a clearer market, enhances the ability of developers for long-term planning, and supports investor confidence, stressing that regulatory efforts aim to stimulate supply and raise market efficiency to achieve continuity and promote equal opportunities.The CEO concluded by emphasizing that the Saudi real estate sector stands today at a qualitative stage, moving from the speed of growth to the quality of impact, and from the density of projects to the depth of value, based on strong regulation, effective partnerships, and a clear vision, especially with the approaching targets of the Kingdom's Vision 2030 and the Kingdom's readiness to host Expo 2030 and World Cup 2034, strengthening its position as an attractive center for qualitative real estate investment regionally and globally.

The CEO concluded by emphasizing that the Saudi real estate sector stands today at a qualitative stage, moving from the speed of growth to the quality of impact, and from the density of projects to the depth of value.