Total Saudi residential lending

SAR 859 billion ($229B) deployed for citizen housing

Thriving Economy pillar2 sourcesLast verified 2026-05-18

Hero metric

Total residential lending

SAR 859B

2025

baseline · —Target

SAR 859 billion ($229B) deployed for citizen housing

In progressOfficial2 sources2 official

Publishers include: Ministry of Municipalities & Housing · Vision 2030 Office

The Story

Before

Residential mortgage lending to Saudis was a small fraction of bank balance sheets pre-2017.

Initiative

REDF guarantees, SAMA regulatory support, and Sakani program demand turned mortgages into a core consumer-finance product.

Outcome

Total residential lending now stands at SAR 859 billion ($229B) — the capital base behind the homeownership expansion.

For citizens

Mortgages priced and structured for Saudi family income realities. Long-tenor financing makes homes practically affordable.

Timeline of Milestones

2025
Total residential lending crosses SAR 859B

Evidence library · 2 primary sources

Sorted by tier, newest first

Housing Program Annual Report 2024 — 'From Decision to Stability'

Ministry of Municipalities & Housing (MoMAH)

Tier 12025-08-31

Housing Program Annual Report 2024 (PDF)

Vision 2030 Office

Tier 12025-08

Saudis owning their own homes

From 47% to 65% — and climbing

65.4%

Saudi families housed by Sakani

759,000 subsidized mortgages extended through the national housing program

759,000

Saudi residential contracts signed (Sakani)

850,000+ residential contracts signed through the national housing program

850K+

Initiative attribution: REDF (Real Estate Development Fund); Saudi banking sector mortgage products; Sakani financing partnerships. Citizen benefit category: Affordable living.