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

2025

baseline · —Target

759,000 subsidized mortgages extended through the national housing program

In progressOfficial2 sources2 official

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

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 residential contracts signed (Sakani)

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

850K+

Total Saudi residential lending

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

SAR 859B

Initiative attribution: Sakani national housing program (Ministry of Municipal Rural Affairs & Housing); REDF interest-free mortgage support. Citizen benefit category: Affordable living.