Al-Riyadh Ownership Opens Applications for Second Year of Real Estate Balance
The Royal Commission for Riyadh City has launched the "Real Estate Balance" program for the second year, aimed at supporting eligible citizens in purchasing affordable residential land. Applications can be submitted online starting today and will remain open until September 15, 2026. The eligibility criteria include being a Saudi national, married or over 25 years old, without prior ownership, and residing in Riyadh for at least three years. The program involves several stages, including eligibility verification, announcement of results, and an electronic draw. Its goal is to promote balance in the housing market and ensure a fair distribution of residential land.
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