Off-plan sales projects, which means that the buyer pays for the contract based on the plan to be delivered later, is one of the tools of the housing policy in Saudi Arabia to meet the growing demand for housing and real estate investment, which comes in line with Vision 2030, which aims to raise the percentage of residential ownership for Saudi families to 70%.

Figures and Statistics

According to Ministry of Municipalities and Housing, the number of units offered within off-plan sales projects in the first half of 2025 amounted to about 26 thousand housing units, the number of units delivered to beneficiaries for the same period amounted to 5 thousand units, and the number of units under development within the same period amounted to 4,200 units.

The number of residential plots available through "Sakani" during the first half of 2025 is more than 5,200 plots, and the number of units licensed for sale on the map in 2023 amounted to 101,942 units.

Challenges of off-plan sales projects

Despite the great success of off-plan sales projects, there are challenges facing it, including that the high costs of construction and finishing materials can lead to different prices, and it is expected that the number of projects and units offered within the sale on the map will continue to increase, especially with the strengthening of legislative frameworks, as a special system was issued to regulate the sale and rental of real estate on the map, to unify controls and ensure the rights of both the developer and the buyer.

Regulations for the sale and rental of real estate on the map have been issued to unify controls and ensure the rights of both the developer and the buyer. It is required to obtain a special license for the project before marketing or advertising it, so that the developer is not exposed to penalties, and a real estate escrow account is opened to protect the amounts paid by buyers or tenants.

The number of projects and units offered through off-plan sales has increased, especially with the strengthening of legislative frameworks.