Your key toprime propertiesin Saudi Arabia

Yes, within limits. Saudi Arabia’s updated law on real estate ownership by non-Saudis took effect in January 2026. It allows ownership in designated geographic zones, and legal residents can generally own a home for personal use. Eligibility depends on your residency status, the property’s zone and the published geographic scope, which PrimeSpace verifies before any offer is made.

You need a valid Iqama (residence permit) or company sponsorship, a Saudi mobile number and a bank account for payments. Every residential lease is registered on the government Ejar platform, which protects both tenant and landlord. Rent is usually paid annually, semi-annually or quarterly, plus a refundable security deposit.

Saudi citizens buying their first home can borrow up to 90% of the property value under SAMA rules, so the minimum down payment is 10%. Second homes and most non-Saudi borrowers typically need 30% or more. Banks also cap total monthly debt repayments as a share of salary (the debt-burden ratio), which our mortgage calculator checks for you.

Budget for the 5% Real Estate Transaction Tax (Saudi citizens are exempt on the first SAR 1 million of a first home), a brokerage commission of up to 2.5% plus VAT, and bank valuation and arrangement fees if you finance. Our return calculator includes these so your yield is calculated on the true all-in cost.

Market reports for early 2026 put average gross residential yields at roughly 8–9% in Riyadh, around 8% in Jeddah and around 6% in the Eastern Province. Net yields are typically 1–1.5 points lower after service charges, maintenance and vacancy. Riyadh rent increases on existing contracts are also restricted under the five-year freeze announced in September 2025, which matters for income forecasts.