معلومات مباشر
معلومات مباشر
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The Royal Commission for Riyadh City announced the end of the application period for the second year of the Real Estate Balance Program, which ran from August 16 to September 15, 2026. The program aims to increase the supply of residential land and achieve balance in the Riyadh real estate sector. Eligibility requirements include being a Saudi citizen, aged 25 or older, married or residing in Riyadh for at least 3 years, and not having previously owned property. The eligibility results will be announced on September 30, 2026. Applicants can appeal the results starting from October 1, 2026, ahead of the online lottery and the completion of off-plan sales procedures. The initiative aims to provide between 10,000 and 40,000 plots of land annually at affordable prices to enhance homeownership opportunities and stabilize the real estate market.
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