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Saudi Arabia · SAR

Real estatein Saudi Arabia

Saudi Arabia is opening its real estate market under Vision 2030, with NEOM as the flagship mega-project. Foreign buyers can own freehold in designated zones. sivrce opens with Riyadh, Jeddah and Dammam.

Registry path
Title checked
3D map
5%real-estate transfer tax (RET)
SAR 1Mfirst-home relief threshold
Wathiqthe digital notary platform
Ejarthe lease registry that unlocks utilities
What a purchase really costs

‏١٬٨٠٠٬٠٠٠ ر.س.‏ home in Saudi Arabia

Real estate transfer tax (5%) (5%)
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Notary & processing (≈0.5%)
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Cash needed at closing
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≈ +5.5% over the price. A 5% real-estate transfer tax applies to disposals, with first-home relief below the SAR 1M threshold negotiated into law. Residential (not commercial) disposals between close relatives sit at half rates. Title moves through the Wathiq notarial platform — a digitized, same-week path. Foreign buyers are welcome in most developments except Mecca and Medina.

Rentals run on rules

The rent side, in three lines

  • Deposits run one to three months, often paid annually in advance.
  • Standard leases are one year, registered on the Ejar platform to be enforceable.
  • The Ejar registration number is required for utilities — an unregistered lease is not a lease.

Riyadh prices off Vision-2030 jobs; Jeddah off pilgrimage and Red Sea projects; Dammam off energy wages.

Foreign buyers can own freehold property in designated areas: NEOM, The Line, parts of Riyadh and Jeddah. Ejari registration is required for rental agreements. The market is transforming rapidly under Vision 2030.

Transfer fees are typically 5% of the property value. No annual property tax, but zakat applies to Saudi-owned entities. The market is primarily domestic.

sivrce.com/sa is the canonical Saudi Arabia URL. Listings publish only when verified.

FAQ

Can a foreigner buy in Riyadh?
Yes, in designated freehold zones. The market is opening but still primarily domestic.
What is NEOM?
A $500bn mega-project on the Red Sea coast: The Line (linear city), Oxagon (industrial), Trojena (mountain resort) and Sindalah (island). The flagship of Vision 2030.

All markets: sivrce.com · Georgia marketplace: sivrce.ge · Prices and availability are published only when a verified listing exists. Market currency: SAR.