According to a statement from the General Real Estate Authority. According to a statement issued by the Real Estate Authority on The system of ownership of real estate by non-Saudis, the system included the provisions of ownership of real estate in the holy cities of Mecca and Medina, clarified the provisions of ownership for companies whose capital is jointly owned by non-Saudis, and emphasized that no additional privileges are granted to non-Saudis when they own real estate.
According to a statement issued by the Real Estate Authority on the system of ownership of real estate by non-Saudis. <It also linked ownership to registration in the real estate registry to preserve rights, imposed fees on real estate transactions, and specified violations, penalties and fines, including measures taken when misleading data is provided. It also established specialized committees to look into violations and regulated the procedures for judicial objection.
Key definitions in the Non-Saudi Property Ownership Law:
System: It means: The Non-Saudis Ownership of Real Estate Law issued by Royal Decree No. (M/14) dated 19 Muharram 1447 AH corresponding to July 14, 2025 AD, which is the legal text that regulates the cases, conditions and controls for the ownership of real estate by non-Saudis.
Regulation means: the executive regulations of the system, which are the regulations that interpret the provisions of the system, and include the applied details and technical and regulatory procedures for activating the system, and are published in the ”survey" platform within the next 180 days, then the General Real Estate Authority will submit them and issued by a subsequent decision of the Council of Ministers.
Authority: Means: The Public Authority for Real Estate, which is the governmental body overseeing the regulation of the real estate sector.
Geographic Ranges: is the area or area within the territory of the Kingdom of Saudi Arabia in which a non-Saudi may own real estate or acquire other rights in kind, and includes the sites and projects stipulated in the Geographic Ranges document as a designated range for ownership by non-Saudis.
Real Estate Registration: is a real estate registration system that relies on the real estate unit as the basis for registering ownership, rights and subsequent real estate transactions, by issuing a title deed and a sheet in the real estate registry for each property in the declared real estate areas, indicating the property number, the name of its owner, its description in terms of type, location, area, boundaries and dimensions, its rights, restrictions, obligations, dispositions or changes that result in the rights of third parties.
Land Registry: A set of documents showing the description of the property, its location, its physical and legal status, its rights and obligations, and the changes that occur to it, in light of the documents considered by the system and the real estate registry includes the title deed and real estate sheet.
Non-Saudi: means anyone who does not hold Saudi nationality, and includes:
First: A natural person is a non-Saudi individual (whether resident or non-resident).
Secondly: A non-Saudi company is any company that is not considered Saudi according to the Companies Law, with its headquarters outside the Kingdom.
Third: A non-Saudi non-profit entity such as international associations and organizations or foreign non-profit institutions.
Fourth: Any other legal person, determined by the Council of Ministers by decision, and granted the right of ownership under the law.
