{"id":77247,"date":"2025-04-28T16:46:13","date_gmt":"2025-04-28T13:46:13","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=77247"},"modified":"2025-11-25T22:25:27","modified_gmt":"2025-11-25T22:25:27","slug":"%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%b1%d9%8a%d8%a7%d9%84-%d9%85%d9%86-%d8%b3%d9%85%d9%88-%d9%88%d9%84%d9%8a-%d8%a7%d9%84%d8%b9%d9%87%d8%af-%d8%af%d9%81%d8%b9%d8%a9-%d9%82%d9%88%d9%8a%d8%a9-%d9%84","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/77247\/","title":{"rendered":"One billion riyals from the Crown Prince A strong push to increase ownership and boost real estate sector activity"},"content":{"rendered":"

In a move that reflects the Kingdom\u2019s leadership\u2019s far-sighted vision to promote social stability and fulfill citizens\u2019 aspirations to own a home, the following was announced: Generous Donation<\/a><\/strong> To His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud\u2014may God protect him\u2014in the amount of one billion riyals for the benefit of the \u201cSakan\u201d Foundation, represented by the \u201cJood Al-Iskan\u201d platform. This donation is not merely a charitable initiative; rather, it represents a powerful boost to support Housing sector<\/strong><\/a> It will boost the real estate market and open up new opportunities to increase homeownership rates among citizens, thereby achieving the goals of Saudi Vision 2030.<\/p>\n

The Crown Prince\u2019s generous donation of one billion riyals, made at his own expense to help eligible families become homeowners, marked a significant turning point in the Kingdom\u2019s real estate sector. This direct support from the country\u2019s highest leadership has multiple dimensions and profound implications for both individuals and the macroeconomy.<\/p>\n

Increasing Homeownership Rates and Achieving the Vision's Goals<\/strong><\/span><\/h4>\n

This donation helps accelerate efforts to provide homes to eligible families in various regions of the Kingdom, supporting the government\u2019s goal of raising the homeownership rate to 70% by 2030. The donation also strengthens initiatives Developmental housing<\/strong><\/a>, which targets citizens with limited incomes by providing affordable and suitable housing, thereby bridging the housing gap and achieving social justice.<\/p>\n

Revitalizing the real estate sector and increasing demand<\/strong><\/span><\/h4>\n

From an economic perspective, the donation helps stimulate real estate activity by increasing demand for residential units, particularly those designated for housing support programs. This momentum, in turn, encourages real estate development and construction companies to increase their housing production in line with growing demand, thereby creating new jobs and contributing to GDP growth.<\/p>\n

Enhancing the Public-Private Partnership<\/strong><\/span><\/h4>\n

The donation also underscores the importance of strengthening the public-private partnership in achieving housing development goals. By supporting charitable platforms such as \u201cJood Al-Iskan,\u201d developers and investors are encouraged to enter into strategic partnerships with the government to support sustainable housing initiatives, thereby strengthening trust and creating a more attractive investment environment.<\/p>\n

Fostering Innovation in Housing Projects<\/strong><\/span><\/h4>\n

With substantial financial support available, charitable platforms and development companies are increasingly able to innovate new housing solutions\u2014such as affordable and smart housing projects\u2014tailored to the needs of different segments of society. This is driving the development of more efficient and sustainable housing models.<\/p>\n

Promoting Social Stability and Achieving a High Quality of Life
\nThe impact of this donation is not limited to economic aspects alone; it also extends to strengthening family and social stability by providing adequate housing, which has a positive effect on quality-of-life indicators\u2014one of the core pillars of the Kingdom\u2019s Vision 2030.<\/p>\n

The Crown Prince\u2019s donation of one billion riyals to help eligible families become homeowners through \u201cJood Al-Iskan\u201d a strategic move with profound humanitarian and economic implications. It strengthens the housing sector, propels the real estate sector to new heights, and lays a cornerstone in realizing citizens\u2019 dream of homeownership, thereby contributing to the building of a more stable and prosperous society.<\/p>\n

 <\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>In a step that reflects the deep vision of the Kingdom's leadership towards enhancing social stability and realizing the aspirations of citizens to own housing, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud - may God protect him - made a generous donation of one billion riyals to the Sakan Foundation, represented by the Joud Housing platform. This donation is not only a philanthropic initiative, but also represents a strong push to support the ... 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more<\/a><\/p>","protected":false},"author":27,"featured_media":86348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[100],"tags":[],"class_list":["post-77247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential"],"acf":{"amlak_post_excerpt":"\u062a\u0628\u0631\u0639 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