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Foundation Day Developments in the Saudi real estate sector

Reading time: < 1 Minuteيوم التأسيس.. تطورات القطاع العقاري السعودي روان الزهراني يوم التأسيس: رحلة عبر الزمن للاحتفاء بجذورنا العريقة في الثاني والعشرين من فبراير من كل عام، يُشرق ... Read more

Since the Ministry of Works was established in 1953, it has implemented huge projects (NEOM, Red Sea, King Abdullah City), and Vision 2030 promotes investment.

22/02/2024

Foundation Day Rawan Alzahrani
Residential program

«Sakan celebrates the handover of more than 50,000 eligible families to their housing units

More than 50,000 housing units have been delivered to deserving families as part of the "Athar Al-Atta" initiative to promote housing stability.

Al-Haqeel at Arab Ministers

“Al-Haqeel reviews the achievements of the Kingdom's housing sector at the Council of Arab Ministers of Housing and Construction

Saudi Arabia appoints head of the executive office of the Council of Arab Housing Ministers and reviews its achievements in the housing sector.

Dubai - Real Estate Deals and Sales 

135.5 billion riyals of real estate deals in the Kingdom during the second quarter of 2025

Real estate transactions in Saudi Arabia to rise to SAR 135.5 billion in the second quarter of 2025 with a significant increase.

Residential program

VIDEO NHC President clarifies compensation mechanism for delayed delivery of housing projects

NHC president explains the compensation system for delayed delivery of residential projects and the rights of clients and developers.

Diyar Al Majd Auction

Diyar Al Majd announces the start of the “Durrar Najd” online auction

Diyar Al Majd begins online auction to sell seven distinctive properties in different regions.

Inauguration of the construction of 2000 housing units in Jeddah Waterfront“

The launch of 2,000 new housing units in the Jeddah Front project as part of the first phase of urban development in northern Jeddah.

Al-Haqeel

Saudi Arabia's housing sector 46.6 billion riyals worth of financing pumped into housing programs

46.6 billion riyals in housing programs to support the development of the Kingdom's housing sector and achieve family stability.

Minister of Municipalities and Housing

During his visit to the Swiss Confederation Al-Haqeel: We are working to provide housing according to the highest quality standards

Saudi Arabia's Minister of Municipalities and Housing visits Switzerland to boost cooperation in improving the work environment and quality of housing.

“NHC wins 3 Customer Experience Awards 2025 and Sakany wins 2 awards

"National Housing Company wins three awards at Customer Experience 2025 and Sakany wins two awards at the same event."

Housing Empowerment in Saudi Arabia 2025... Statistics that support family stability

Housing Empowerment in Saudi Arabia: Household ownership rate rises to 65.4% and housing options expand to 2025.

Facade suburb

Saudi Arabia's residential suburbs: Urbanization driving major shifts in the housing market

Expanding Saudi Arabia's residential suburbs promotes urban development and increases home ownership by 2030.

The Bride Project - Roshan Company

Roshan Group signs agreements to sell SAR 448 million worth of land in Al Arous community

Roshan Group signs SAR 448 million worth of land sales agreements to develop residential projects in Al Arous community.

November support. More than one billion riyals deposited in the accounts of beneficiaries of the housing subsidy program

Deposit of SAR 1.058 billion to support beneficiaries of the housing subsidy program in November 2023 to promote home ownership.

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

NHC signs SAR 875 million contract for 1075 residential units in Riyadh

NHC signs a contract to build 1,075 housing units in Riyadh worth SAR 875 million as part of housing development efforts.

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