15 students under review to contribute real estate investments in Saudi Arabia

The General Authority for Real Estate in Saudi Arabia is currently reviewing around 15 applications for real estate contributions under its new system, which led the Authority to issue four licenses in collaboration with the Capital Market Authority during 2024. The first real estate contribution offering was conducted in January, involving a residential project in Riyadh with an investment value of 84 million SAR. The offering was fully subscribed within 12 minutes, reflecting the confidence of the Saudi real estate market and the development of financing tools within the sector. The new system aims to regulate contribution operations, reduce risks by requiring feasibility studies and property ownership analyses, as well as implementing new conditions for fundraising and protecting investors' rights.