إعلان
Saudi Build

«Sakan» Enables 8,000 Families to Become Homeowners by 2025

With funding exceeding 2.1 billion riyals, the foundation has expanded its cumulative impact to more than 50,000 families in the Kingdom.

Posted in

the Private Developmental Housing Foundation «Sakan» has announced that it will enable 8,102 eligible families to own housing units by 2025, bringing its cumulative total since its establishment to 50,154 families, comprising more than 250,000 beneficiaries across the Kingdom.
The Foundation’s 2025 annual report highlighted that the support of the wise leadership has been a key milestone in «Sakan’s» journey, as the total amount provided by the leadership to the Foundation since its establishment has exceeded 2.1 billion riyals, including a donation of 1 billion riyals from Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdulaziz Al Saud from his personal funds to support home ownership for eligible families.

The support included the Crown Prince’s directive to complete housing projects and the handover of the units within 12 months, with implementation carried out by national companies.
The units transferred to home ownership during the year were distributed across a number of housing solutions and products, led by the «Wa’ad» lease-to-own program with 5,545 units, followed by the direct ownership program with 1,582 units, then «Thari Sakan Plus» with 810 units, in addition to 165 units through the «Binaa» product.

1.8 billion riyals in donations for «Jood Al-Manaat 2»
The «Jood Al-Manaat 2» campaign made a remarkable impact during the year, having raised 1.8 billion riyals in donations—equivalent to 1,87% of its target—and contributed to supporting 11,479 housing units, with a completion rate of 1,74% of the target.
The campaign saw broad participation from regional emirates, ministries, and government, private, and nonprofit entities, as well as members of the public.

In the same vein, the «Jood Al-Iskan» platform reflected the growth in community participation, as the number of visitors exceeded 11 million, while the number of donors exceeded 810,000, reflecting the growing popularity of the platform and its role in channeling donations toward achieving housing stability for eligible families. In terms of partnerships, the «Sakan» Foundation has established more than 45 strategic partnerships and attracted 121 donors, with a donor satisfaction rate of 86%. It also contributed to improving the efficiency of 16 partner associations in 10 regions through 77 training sessions totaling 238 hours, in addition to providing 169 specialized consultations, with the associations" satisfaction rate with the training programs reaching 95%.

Social return exceeds 4 riyals per riyal
The report showed that the impact of housing solutions extends beyond the provision of housing, with the social return on investment in the lease-to-own product reaching 4.09 riyals for every riyal invested, compared to 3.01 riyals for the direct home ownership product and 2.82 riyals for the rent subsidy product.
The Authority explained that these indicators reflect the impact of housing stability on various aspects of families" lives, including quality of life, health, education, and family and employment stability. The Secretary-General of the "Housing,» said that the achievements of 2025 were the result of the wise leadership’s support, the integration of the roles of partners and donors, and the efforts of the Authority’s staff. He emphasized that providing housing "is not the end of the empowerment journey, but rather the beginning of a developmental impact that extends to family stability and an improved quality of life."

The Foundation is preparing for a new phase of growth as part of its strategy for the years 2026–2030, which includes 19 initiatives, 62 projects, and 7 strategic indicators, while simultaneously working to strengthen financial sustainability through the "Joud Endowment Fund."The fund was launched with contributions totaling 200 million riyals and aims to help provide 12,000 housing units for eligible families.