Saudi Arabia's Real Estate General Authority (REGA) has announced the launch of a new entity - Saudi Properties - that will serve as the official platform for all real estate ownership transactions by non-Saudis within the kingdom.

This comes as part of the ongoing preparations for the Non-Saudi Property Ownership Law to enter into force in mid-January 2026.

The Saudi Properties brand was first unveiled during REGA's participation in the "Cityscape Global" exhibition, hosted in Riyadh last month.

Saudi Properties aims to serve as the official gateway for all ownership processes. This includes browsing real estate opportunities, communicating with developers, submitting applications, verifying eligibility, and connecting with relevant entities within an integrated ecosystem.

The REGA announcement marks a pivotal milestone toward strengthening the regulatory framework of the real estate investment environment and enhancing transparency and reliability.

As the law takes effect, the Authority has also designated non-Saudi real estate ownership as one of the main themes of the Real Estate Future Forum, scheduled to be held at Riyadh in January.

The Forum will bring together a broad and distinguished group of leaders and experts to discuss future trends in real estate markets and the promising investment opportunities in the Kingdom's real estate sector.

The new platform - Saudi Properties - will provide investors with a simple, seamless and reliable digital journey to purchase property in the kingdom.

The platform is one of the core enablers for implementing the Non-Saudi Property Ownership Law, ensuring smooth execution domestically and internationally.

The portal further seeks to enhance international confidence in the kingdom's real estate environment, providing a trusted, safe, and user-friendly experience for investors and residents seeking property ownership.

This will support market growth and help maintain the balance between supply and demand through the provision of integrated digital services with accurate and up-to-date information, enabling investors to make informed, data-driven decisions.

The launch of 'Saudi Properties' portal marks a significant milestone in strengthening the kingdom's position as a leading global destination for real-estate investment.

It reflects an integrated national vision to build a comprehensive real estate environment that supports economic growth and enhances quality of life.-TradeArabia News Service