Saudi Real Estate Development Fund Deposits SAR 1.1 Billion for Housing Support Beneficiaries

Saudi Real Estate Development Fund has announced the deposit of approximately SAR 1.1 billion into the accounts of housing support program beneficiaries for May 2026, as part of ongoing efforts to boost homeownership and support the goals of Saudi Vision 2030.

The fund stated that the deposited amount was allocated to support profit payments for various housing support financing programs, helping Saudi families improve access to homeownership and housing finance solutions.

According to official figures, the total amount deposited for housing support beneficiaries since the beginning of 2026 has reached approximately SAR 5.4 billion by the end of May, reflecting the continued momentum of Saudi Arabia’s housing and financing initiatives.

The fund provides its services through digital platforms, including the “Real Estate Advisor” service, which helps beneficiaries identify suitable financing and housing options based on their financial capabilities and personal needs.

Since its establishment in 1974, Saudi Real Estate Development Fund has enabled more than 1.8 million beneficiaries to obtain their first homes and contributed to increasing Saudi homeownership rates to 66.24%.

The fund continues to develop innovative financing solutions in cooperation with financial institutions and real estate developers to simplify the homeownership journey and expand housing choices for Saudi families.