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Real Estate Fund deposits over 1B riyals to housing beneficiaries
The Real Estate Development Fund announced the deposit of more than 1 billion SAR into the accounts of beneficiaries of the Housing Support Program for August 2026, amounting to 1.074 billion SAR. This is part of efforts to support housing program contracts and to achieve the goals of Saudi Vision 2030 in enabling families to own homes. Since the beginning of 2026, the total deposited amounts have reached 8.628 billion SAR by August. The Fund offers online support services and the "Real Estate Advisor" service to assist beneficiaries in choosing suitable financing solutions. Since its establishment in 1974, the Fund has helped over 1.8 million families own their first home, increasing the homeownership rate among citizens to 66.24%.
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