<This came during his speech at the opening of the fifth edition of the Future Real Estate Forum, indicating that the Kingdom has chosen the “real estate balance” path as a strategic approach aimed at enhancing market stability, raising its efficiency, and establishing justice in it, indicating that this path has been translated into precise regulatory tools whose effects have appeared in less than a year since the launch of its programs in 2025.
He explained that the entry into force of the non-Saudi ownership system within a disciplined regulatory framework enhances the attractiveness of the real estate market and maintains its sustainability, stressing that balanced regulation is a key pillar in stimulating investment and raising the efficiency of the sector.
Stimulating real estate supply
In the context of land regulation and stimulating supply, His Excellency added that the white land and vacant property fees program aims to move unused land, noting that more than 60,000 invoices have been issued since the beginning of 2026, in addition to the availability of land ready for development in Riyadh that exceeds 100 million square meters, which contributes to increasing supply and balancing between supply and demand.
He explained that the entry into force of the land ownership system within a disciplined regulatory framework enhances the attractiveness of the real estate market and maintains its sustainability. The Minister of Municipalities and Housing said that the Ministry, in partnership with the private sector, is working to pump more than 300,000 housing units in Riyadh over the next three years, pointing out that more than 300,000 housing units have been pumped until the end of 2025 in 16 cities across the Kingdom, while the number of beneficiaries of housing support programs exceeded one million beneficiaries, in a step that enhances the sustainability and diversity of housing solutions.
On the financing and investment side, he revealed that the total real estate financing portfolios in Saudi banks represent about 27%, pointing out that local sukuk were issued for more than 20 billion riyals and an international issue worth 4.5 billion dollars, in addition to attracting international developers through an investment portfolio exceeding 40 billion riyals, reflecting the strength of the sector and investor confidence in it.
The Minister of Municipalities and Housing pointed to the diversity of the housing solutions system through multiple tools, including lease-to-own, partial ownership and real estate tokenization, which expands the options for beneficiaries and increases the flexibility of the market.
Minister of Municipalities and Housing Mr. Al-Hogail stressed that the Kingdom today has an advanced digital real estate system that is among the first in the world, with 13 digital platforms serving more than 35 million users, and about 80% of real estate transactions digitally, in addition to issuing more than 1.3 million real estate records, which enhances governance and transparency and raises performance efficiency.
With regard to real estate coding, His Excellency explained that its organizational journey is going through seven stages, with the launch of a private sector organizational experience with the participation of nine companies, while the journey of the future of coding extends through three main stages, in a move aimed at building a more open and innovative real estate market.
The Minister of Municipalities and Housing concluded his speech by emphasizing that the Saudi real estate sector is moving confidently towards a new phase of maturity and sustainability, supported by regulatory, financing and digital reforms that strengthen its position as one of the main drivers of the national economy.
Future of Real Estate Forum kicks off
<The Future of Real Estate Forum 2026 kicked off on Monday in Riyadh, under the patronage of His Excellency the Minister of Municipalities and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, Mr. Majid bin Abdullah Al-Hogail, under the theme “Horizons Expand and Real Estate Prosper”, in light of increasing local and international interest and wide participation from decision-makers, experts and investors, representing 140 countries, and an elite group of 300 speakers. In addition to 300 speakers from government leaders, executives and experts in the public and private sectors, as well as a number of influential figures at the local and international levels, reflecting the advanced position that the Saudi real estate sector has come to occupy on the global map.
40 panel discussions and private meetings
The forum includes more than 40 panel discussions and a number of private meetings, which discuss the future of urban planning and design for residential communities, their health, environmental and social sustainability, and the role of real estate technologies in the development of cities and the construction of green buildings, with the participation of a group of economists, investors and experts of the real estate sector system locally and internationally.
The forum includes more than 40 panel discussions and a number of private meetings, which discuss the future of planning and urban design for residential communities, and their health, environmental and social sustainability. The Future of Real Estate Forum coincides with the entry into force of the updated system for the ownership of real estate by non-Saudis, which opens organized paths for foreign investment, enhances the attractiveness of the Saudi real estate market and supports its sustainable growth, at a time when the Kingdom is witnessing unprecedented development momentum in its various regions.
Future of Real Estate coincides with the entry into force of the updated system for the ownership of real estate by non-Saudis.
Specialized real estate exhibition
The forum will be accompanied by a specialized real estate exhibition with the participation of major local and international companies and entities, showcasing the latest real estate technologies, artificial intelligence applications, sustainable building materials, innovative development models, financing and investment solutions, as well as a platform to sign a number of agreements and memorandums of understanding between the participating parties.
The Future of Real Estate Forum is a pioneering platform that brings together interested parties, specialists, researchers and entities working in the real estate sector. Through its dialogue sessions, specialized workshops and the accompanying real estate exhibition, it provides knowledge content and qualitative experiences that contribute to foreseeing the future of the sector, enhancing regulatory and investment paths, and building effective partnerships that support the growth and sustainability of the real estate market.
Future of Real Estate Forum is a leading platform that brings together interested parties, specialists, researchers and entities working in the real estate sector.
