Jeddah Tower condominium sales begin, boosting foreign ownership and attracting investors

Jeddah Tower starts selling residential units in preparation for foreign ownership of real estate in Saudi Arabia 2026

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Saudi Arabia is preparing for a new phase that opens new horizons of investments, as foreigners are scheduled to be allowed to own real estate as of January 1, 2026, and in conjunction with this expected move, some projects have started to announce the sale of units on the off-plan system.

On its official page on the X platform, Jeddah Abacus announced the start of the sale of residential units in the Kingdom.

On its official page on the X platform, Jeddah Abacus, in preparation for the imminent implementation of the decision to allow foreigners to own real estate within the Kingdom, announced the start of the sale of residential units in Jeddah Tower, in addition to offering land in Jeddah Economic City to investors, and according to press reports, offering residential units in Jeddah Tower for sale on the map is the first in 2026.

Jeddah Tower is one of the largest residential projects in the Kingdom of Saudi Arabia.

Jeddah Tower is an architectural icon within the Kingdom, as the implementation of Jeddah Tower is scheduled to be completed in August 2028, as the number of floors of the tower has so far reached 74 floors, and construction work is carried out quickly and accurately, as data indicates that the implementation of one floor takes up to 6 days, and it is expected that the final height of the tower will exceed a thousand meters, to be the tallest building in the world.