A strong push towards achieving the goals of Vision 2030
The Ministry of Municipal and Rural Affairs and Housing announced significant and tangible achievements during 2025, representing a major step forward in realizing the goals of Saudi Vision 2030 in the housing sector. These achievements aim to enhance the stability of Saudi families by increasing homeownership rates, expanding the supply of real estate at competitive prices, and improving the overall efficiency of the real estate market, thereby ensuring an improved quality of life for citizens.
Historical background and strategic context
These efforts fall within a broader strategic framework that began with the launch of Saudi Vision 2030, which prioritized the housing sector to address the long-standing challenges of the supply-demand gap. To achieve this, the government launched several programs and initiatives, most notably the “Sakani” program, which aims to provide diverse housing and financing solutions tailored to the needs and capabilities of various segments of society. The figures announced for 2025 represent the culmination of these long-term plans, which focused on building effective partnerships with the private sector to accelerate real estate development.
Details of achievements and their impact on the market
The ministry explained that its efforts to stimulate the housing supply have resulted in the launch of more than 108,000 new residential units through off-plan sales projects. This model is an effective tool for introducing modern housing units at competitive prices and reflects the maturity of the regulatory environment and the confidence of developers and buyers in the market. In addition, sales licenses have been issued for more than 97,000 residential units, confirming the sector's dynamism and its ability to meet increasing demand.
In terms of direct support to beneficiaries, the Ministry delivered over 18,000 ready-built housing units to eligible families, enabling them to achieve their dream of homeownership immediately. Additionally, more than 12,000 residential plots were made available through the “Sakani” platform, providing an additional option for citizens wishing to build homes according to their own designs and contributing to organized urban planning.
Economic importance and future impact
The impact of these achievements extends beyond the social sphere, forming a significant economic driver. The increased pace of construction and real estate development revitalizes related industrial and logistical sectors, such as contracting, building materials, and financial services, creating thousands of jobs and bolstering the GDP. Internationally, these successes enhance the attractiveness of the Saudi real estate market for foreign investment, highlighting the Kingdom as a successful model for implementing major economic transformation plans.
The Ministry of Municipalities and Housing affirmed that it is proceeding with its strategy to enhance partnership with the private and non-profit sectors, and to develop systems and legislation to ensure the sustainable growth of the housing sector, and to achieve a sustainable economic and social impact that serves the interests of the nation and the citizen.
