Saudi Arabia will allow foreigners to own property in specific areas starting January 2026, under a new law approved by the Saudi Cabinet. The move is part of the Kingdom’s broader effort to attract international investment and boost its real estate sector.
Real estate ownership will be permitted in designated zones, particularly in Riyadh and Jeddah, while Mecca and Medina will have special regulations. The law includes strict safeguards to protect Saudi interests.
Officials say the new policy will help increase housing supply and drive foreign direct investment (FDI) into the country.
