Housing & Urban Living
Can Saudi families own a home?
Vibrant Society pillar10 sources4 metricsLast reviewed 2026-05-16
What this means for citizens
In H1 2025 alone, more than 48,000 Saudi families moved into their first home. The waiting list of a generation ago no longer reflects the reality of today's housing market — though affordability in Riyadh remains a real challenge that the next phase is squarely focused on.
The Story
Before
In 2016, fewer than half of Saudi families owned their home. Waiting lists for housing support stretched up to 15 years, and the supply-demand gap was widening with population growth.
Initiative
Vision 2030's Housing Program built an end-to-end system: the Sakani platform, the National Housing Company (NHC), subsidized real-estate financing, off-plan sales, social housing, and a private-developer ecosystem (ROSHN, NHC, others) that pushed supply up sharply.
Outcome
By end-2024, 65.4% of Saudi families owned their home — beating the 2025 interim target a year early. Over 850,000 residential product contracts have been signed since the program began; 759,000 subsidized mortgages have been extended.
For citizens
In H1 2025 alone, more than 48,000 Saudi families moved into their first home. The waiting list of a generation ago no longer reflects the reality of today's housing market — though affordability in Riyadh remains a real challenge that the next phase is squarely focused on.
Supporting metrics
End-2025 homeownership (per V2030 2025 Annual Report)
66.24%
End 2025
Families moved into homes (H1 2025)
>48,000
Jan–Jun 2025
2030 target
70%
remaining gap is ~5 percentage points
Regional spread — Al-Baha (highest)
75%
Q4 2024 (above the metro average)
Regional spread — Riyadh
62.5%
Q4 2024 (metro cost pressures)
Saudi families housed by Sakani
759,000
759,000 subsidized mortgages extended through the national housing program
Saudi residential contracts signed (Sakani)
850K+
850,000+ residential contracts signed through the national housing program
Total Saudi residential lending
SAR 859B
SAR 859 billion ($229B) deployed for citizen housing
Timeline of Milestones
2016
Baseline 47% homeownership; Housing Program launched as a V2030 program
2020
Sakani platform consolidates housing services
2023
Rate hits 64.4% — both 2024 and 2025 targets beaten
2024
65.4% by year-end
2025
Foreign ownership liberalization law enacted; 66.24% by end-2025
2030
Target: 70%
Recent milestones in this sector
All milestones →Vacant-property fee regulations approved
Regulations aimed at improving asset utilization and increasing housing supply — fee structure designed to push idle property into the market.
Programs delivering these outcomes · 2
MoMAH
institutionMinistry of Municipal, Rural Affairs and Housing
The ministry that oversees housing policy, the Sakani program, and municipal services. Publishes the Real Estate Pricing Standards (REPS) that drive the homeownership figures in this portal.
Sakani
programThe flagship housing program under the Ministry of Housing. Combines subsidized financing, ready-built homes, off-plan units, and serviced plots to lift Saudi homeownership. The homeownership rate moved from 47% in 2016 to 65.4% by end-2024 largely through Sakani delivery.
Evidence library · 4 sources
Filter coming in 2.1
Housing Program Annual Report 2024 — 'From Decision to Stability'
Ministry of Municipalities & Housing (MoMAH)Saudis owning their own homes
Housing Program Annual Report 2024 (PDF)
Vision 2030 OfficeSaudis owning their own homes
Over 54,000 families supported in H1 2025
MoMAH (H1 2025 update)Saudis owning their own homes
End-2025 homeownership at 66.24%
Vision 2030 Annual Report 2025Saudis owning their own homes