Before the launch of Vision 2030, families in Saudi Arabia could wait up to 15 years to receive housing support. Today, that support is instant.

Families are the foundation of a vibrant society and the Kingdom recognizes each family’s aspiration to enjoy safety and security of owning a home – a place of comfort, where memories are made and milestones celebrated. By easing access to financial support, streamlining processes and digitizing documentation, homeownership increased from 47% to more than 60% in the end of 2022.

Launched in 2018, the Housing Program is making the dream of homeownership a reality for millions of families across Saudi Arabia. The Kingdom is committed to supporting access to affordable, quality housing for all citizens, and is the only country with a national housing strategy program and a defined target of homeownership.

The Housing Program’s overhaul of the Kingdom’s housing sector has broadened access to finance, simplified regulations, and supplied the market with diverse options. As a result, Saudi Arabia is well on its way to meeting its goal of 70% homeownership by 2030 and ensuring that all families can one day own the home of their dreams.

For families that need help to achieve homeownership, the Program established Sakani, which provides personalized housing and financing solutions. Over a million families have been supported by Sakani, with a third now living in their dream home.

For those who rent, the Program launched e-service Ejar, which protects renters from landlord misconduct, while giving landlords credible, enforceable rental contracts. To date, more than 4.5 million leases have been registered.

Numerous real-estate development projects are bolstering Saudi’s current housing shortfall, while providing investment and job opportunities. These projects, combined with the Program’s initiatives and partners, are creating welcoming neighborhoods throughout the Kingdom that bring communities together.

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H.E. Mr. Majed Bin Abdullah AlHogail

Chairman of the Program, Minister of Municipal, Rural Affairs, and Housing, & Member of the Council of Economic and Development Affairs

The Housing Program is transforming Saudi Arabia’s housing sector, working to ensure all people in the Kingdom can enjoy better lives in their own homes.

Board Members

Head Of Local Real Estate Investments in the Public Investment Fund

Eng. Aiman Mohammed Almudaifer

CEO of Real Estate Development Fund

Mr. Mansour bin Saeed Bin Madi

Deputy Minister of Economy and Planning for Labour Affairs and Human Capital Development

Mr. Ayman bin Ishaq Afghani

Executive Vice President of the Projects Sector in the Ministry of Environment, Water and Agriculture

Mr. Mansour bin Mohammed Abuthnain

Governor of Small and Medium Enterprises General Authority

Mr. Sami bin Ibrahim A -Hussaini

Deputy Minister for Notarization and Property Registration in the Ministry of Justice

Mr. Abdulmohsen bin Fahad Alshuaibi

Governor of the Saudi Central Bank

H.E. Mr. Ayman bin Mohammed Alsayari

Deputy Minister of Interior

H.E Dr. Hesham bin Abdulrahman Alfaleh