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Riyadh Royal Commission Opens Applications for Real Estate Balance Year Two
The Royal Commission for Riyadh City has announced the beginning of applications for the second year of the Real Estate Balance Program, which aims to increase the supply of planned residential land and reduce the gap between supply and demand in the capital. Applications will be accepted from August 16 to September 15, 2026, through the Real Estate Balance platform. Applicants must be married or over 25 years old, have no previous property ownership, and have been residents of Riyadh for more than three years. The program will include eligibility verification and an electronic lottery, with the goal of distributing between 10,000 and 40,000 plots of land annually at prices not exceeding 1,500 Saudi Riyals per square meter, to support market stability.
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