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Developments
There is a quiet privilege in arriving early, while a country writes its next chapter. Whole districts, branded residences and lifestyle destinations are rising from the ground up, and the door has only just opened to buyers from abroad.
Reviewed by Omnia's advisory team
Yes. The law took effect on 22 January 2026, and the geographical zones were approved on 23 June 2026. Non-residents can own within the approved areas published through Saudi Properties, subject to the mapped rights and limits. Premium Residency is a separate residency route, and a branded residence still needs a zone and title check. In Makkah and Madinah, ownership is restricted to Muslim individuals and qualifying entities under the applicable controls.
It is an early-cycle growth market, backed by major investment and newly opened to international buyers. The appeal is brand-new supply and long-term growth. The trade-off is a young resale market. It suits patient buyers more than those seeking a quick, liquid exit.
Riyadh leads for growth and rental, Jeddah and the Red Sea for branded, lifestyle homes, Diriyah for heritage-prime scarcity, and the Eastern Province for value and yield.
Entry varies by city and type. Apartments in Jeddah and the Eastern Province begin around £320,000 to £480,000, while branded residences typically start near £1.3m. Tell us your budget and we will shortlist to it.
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Related reading
The Journal
Jeddah is a Red Sea port where history hums and the future beckons: coral-stone houses, open souks and Vision 2030 ambition. A place-portrait from the Global Citizens Collection.
The Journal
In 2026 foreigners can finally buy, Riyadh rents are frozen to 2030, and the old sponsor-controlled exit is gone. A practical guide to expat life in Riyadh and Jeddah: costs, work, housing and what to do.
The Journal
A ranked guide to the most expensive areas to live in Saudi Arabia in 2026: Riyadh’s Diplomatic Quarter, Al Olaya and KAFD, Jeddah’s Al-Shati and Corniche, and the Eastern Province, after the Kingdom opened property to foreign buyers.