Month: August 2026

Harnessing the momentum of the Cityscape exhibition to take concrete steps toward opening up the real estate market to new investors

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Reading time: 3 MinutesDuring 2025, Saudi Arabia recorded significant progress in the housing ownership file, as the percentage of home ownership nationwide rose to 66.24%, exceeding the annual target of 65%, and approaching the Saudi Vision 2030 target of 70%. The year saw the provision of 107 thousand housing units and developed land, which provided wider options for citizens wishing to own their own homes. And the «City … Read more

Financing at 0%… Has the Riyadh real estate market entered a «buyer’s market»?

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Reading time: 2 MinutesThe question in the real estate market in Riyadh is no longer limited to «how much is the property priced at?», as some offers have begun to shift the competition to another more sensitive area: what will the developer offer the buyer so that they can make a purchasing decision? With indicators showing that the prices of some land in Riyadh are declining, some real estate companies have begun to resort to other tools to stimulate demand, including … Read more

Launch of the «Digital District» in Riyadh to Make the Capital One of the Top 10 Tech Hubs in the World

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Al-Riyadh

Reading time: < 1 MinuteThe Board of Directors of the Royal Commission for Riyadh announced the launch of “The Digital City of Riyadh,” which is one of its most important strategic initiatives aimed at making the capital a global center for technological talent and digital creativity; it aims to attract global technological talent and establish an international center that brings together talent and entrepreneurship, leading to the construction of a solid knowledge economy based on digital leadership and technological innovation. … Read more

The Governor of Tabuk Hands Over Housing Units and Honors Major Donors as Part of the «Your Generosity Has Made a Difference» Campaign»

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Reading time: < 1 MinuteHis Royal Highness Prince Fahd bin Sultan bin Abdulaziz, Governor of the Tabuk Region, handed over housing units to eligible families and honored the region’s top donors to the “Generosity Comes from Us and Is Within Us,” in the presence of His Excellency the Minister of Municipalities and Housing and Chairman of the Board of Trustees of the “Sakan” Housing Foundation, Mr. Majid bin Abdullah Al-Hogail. This event was part of the “Your Generosity Has Reached Its Destination” campaign stage implemented by the “Sakan” Community Development Housing Foundation, as an extension of … Read more

Minister of Municipalities and Housing Reviews Developments at NHC's Tabuk Valley Destination

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Reading time: < 1 MinuteHis Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Alhakil, visited the Tabuk Valley project of NHC in Tabuk city to learn about the project’s progress and the level of its completion, as part of his follow-up on the projects and urban destinations that the company is developing in various regions of the Kingdom. The visit included a tour of the sales center and a visual presentation of the destination, followed by a visit to the model villa and … Read more

The prequalification phase for the King Fahd Suburb Boulevard project in the Eastern Province has begun

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Eastern Region

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing, the National Center for Privatization, and Ashraq Development and Development Company—the development arm of the Eastern Province Municipality—announced— the launch of the prequalification phase for the King Fahd Suburb Boulevard project in the Eastern Province, which will be implemented under a public-private partnership model through a 43-year contract covering design, construction, financing, operation, maintenance, and transportation. The project is located in Al-Bayda Governorate in the Eastern Province, … Read more

Conclusion of the National Capacity-Building Program in Urban Planning in the Jazan Region

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- Jazan Festival Real Estate

Reading time: < 1 MinuteThe Strategic Office for the Development of the Jazan Region concluded the final workshop within the “Building and Developing National Capacities in the Field of Urban Planning” knowledge transfer program, aimed at improving the quality of urban planning and enhancing the efficiency of planning practices in the region, in cooperation with a number of related government and quasi-governmental agencies. Representatives from the Jazan Region Emirate, the Ministry of Industry and Mineral Resources, and the Ministry of Housing and Urban Development participated in the workshop … Read more

«Your Land, Your Support»… Steps to Acquire Land and Build Your Future Home Through «Sakani»

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Reading time: < 1 MinuteThe Sakani platform allows beneficiaries to continue accessing residential land options through its "Your Land, Your Support" service. This service helps beneficiaries choose the appropriate land, plan, and plot to facilitate the completion of construction procedures. The Sakani platform explains that accessing the "Your Land, Your Support" product begins by logging into Sakani through the National Unified Access portal, then navigating to the services icon… Read more

Marsa'a's contracting projects totaled 9.8 billion riyals last July

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Reading time: 3 MinutesThe Saudi construction sector is seeing a steady influx of new projects, with 11 projects awarded in July 2026 with a total value of approximately 9.75 billion riyals, adding a new boost to the volume of work available in the market and pushing the total value of projects awarded since the beginning of the year to over 111 billion riyals, according to the report «A Look at the Construction Sector for July” issued by … Read more

«Amlak» Weekly News Roundup: New Regulations and Investment Opportunities Take Center Stage in the Sector

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«Amlak» Weekly News Summary

Reading time: < 1 MinuteDuring a week packed with news and developments shaping the real estate and construction landscape in the Kingdom, «Amlak Real Estate» continues to track the most significant changes, decisions, and projects capturing the market’s attention—from new regulations and developments in housing and real estate registration to auctions and investment opportunities, as well as indicators in construction, hospitality, and infrastructure. This week’s roundup, published on Thursday, August 27, 2026, highlights a range of developments … Read more

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