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The Royal Commission for Riyadh City announced the start of applications for the second year of the Real Estate Balance Program in Riyadh. The program aims to increase the availability of residential land at prices not exceeding 1,500 SAR per square meter, in order to reduce the gap between supply and demand and support the stability of the real estate market. Applications will be open from August 16, 2026, to September 15, 2026, through the Real Estate Balance Platform. The program targets married individuals or those over 25 years old who have not previously owned property and have been residing in Riyadh for more than three years. The process includes eligibility verification, announcement of results, and an electronic lottery, emphasizing the importance of relying on the official platform and avoiding untrustworthy links.
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