Riyadh Launches “Saudi Properties” Platform Ahead of Landmark Non-Saudi Ownership Law

On the first day of 2026, Saudi Arabia is rolling out a new digital platform, “Saudi Properties,” designed to centralise information on real‑estate offerings and prepare the ground for a forthcoming law on non‑Saudi property ownership. Middle East Briefing says the launch marks a key step in Riyadh’s efforts to modernise its real‑estate market, improve transparency and attract more foreign capital into both housing and commercial assets.​

The platform will act as an official portal showcasing properties across the kingdom, with standardised data on location, permitted uses and relevant regulations. It is intended to complement—not replace—private listing sites and broker networks, but by offering a government‑backed source of record it aims to reduce information asymmetries and fraud risk. Authorities also hope it will support better planning by aggregating market data in a single system.​

Critically, “Saudi Properties” is being launched ahead of a widely anticipated law that will liberalise ownership rights for non‑Saudis in selected areas, including parts of Riyadh and potentially other key cities and economic zones. While details have yet to be finalised, officials have signalled that foreign individuals and corporates will gain more straightforward access to freehold or long‑leasehold titles, subject to national‑security and strategic‑asset safeguards.​

Developers and investors see the move as part of a broader push to deepen Saudi capital markets and diversify funding for Vision 2030 projects. By making the market more transparent and accessible, the government hopes to draw in long‑term institutional investors, family offices and high‑net‑worth buyers from the wider Middle East, Asia and Europe. However, real‑estate professionals caution that implementation, clarity of rules and coordination with municipal authorities will determine how quickly confidence builds.