Saudi families housed by Sakani
759,000 subsidized mortgages extended through the national housing program
Vibrant Society pillar2 sourcesLast verified 2026-05-18
Hero metric
Sakani subsidized mortgages
759,000
2025759,000 subsidized mortgages extended through the national housing program
Publishers include: Ministry of Municipalities & Housing · Vision 2030 Office
The Story
Before
In 2017, Saudi homeownership stood at 47% — well below the goal of helping every Saudi family own their home.
Initiative
Sakani delivered a coordinated package: subsidized mortgages via REDF, off-plan sales regulation (Wafi), and direct allocation of land and units.
Outcome
759,000 subsidized mortgages have been extended through Sakani — the program-level mechanism behind the 65% homeownership headline.
For citizens
Each one represents a Saudi family in their own home, with payments structured so the monthly cost is affordable.
Timeline of Milestones
2017
Sakani program launched
2025
759K subsidized mortgages extended
Evidence library · 2 primary sources
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Background sources · 2 additional
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Sakani delivered 324 housing units to Saudi families in the Shams Al-Diyar project north of Riyadh (503 units total on 343,478 m²), built in partnership with private-sector developers; Sakani now offers 9 housing and financing options toward the 70%-homeownership-by-2030 target
Ministry of Municipalities and Housing
Sakani delivered 567 housing units to Saudi families in the Qatif Homes project (942 units total in 4 models, prices from SAR 420,000, 85% complete), via the private-sector Partnerships Program — part of the drive to raise homeownership to 70% by 2030
Ministry of Municipalities and Housing
Initiative attribution: Sakani national housing program (Ministry of Municipal Rural Affairs & Housing); REDF interest-free mortgage support. Citizen benefit category: Affordable living.