Recommendations from the Future of Real Estate Forum 2026 in Riyadh
The fifth edition of the Future Real Estate Forum 2026 , held in Riyadh, the Saudi capital, concluded today. The forum, themed "Expanding Horizons and Flourishing Real Estate," was sponsored by His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing and Chairman of the Board of Directors of the General Authority for Real Estate. The forum issued strategic recommendations reflecting the rapid maturation of the Saudi experience, emphasizing the transformation of the real estate sector into a comprehensive development engine that enhances quality of life and supports the national economy.
The context of economic transformation and Vision 2030
The success of this edition of the forum cannot be viewed in isolation from the broader context of the economic transformations taking place in Saudi Arabia since the launch of Vision 2030. Over the past few years, the Kingdom has been working to restructure its economy to reduce its dependence on oil, with the real estate sector being a key pillar in diversifying national income sources. These events are the culmination of extensive legislative and regulatory efforts led by the General Authority for Real Estate to enhance market efficiency and attractiveness, making Riyadh a major hub for international investors.
International participation reflects global confidence
The forum witnessed unprecedented international momentum, with over 10,000 participants from 140 countries and the participation of 300 leading international speakers and experts. The sessions, which included more than 50 workshops and discussions, addressed vital issues such as the future of real estate regulation, real estate technologies (PropTech), and sustainable urban development. This momentum resulted in the signing of over 80 agreements and memoranda of understanding aimed at launching high-quality projects and exchanging expertise, reflecting the confidence of foreign investors in the strength of the Saudi economy.
Foreign ownership system: A qualitative leap in the market
The forum affirmed in its concluding statement that the implementation of the updated regulations governing non-Saudi property ownership represents a historic turning point. These regulations skillfully balance local privacy with global openness, providing a regulatory framework that enhances transparency and protects rights. This decision is expected to contribute to increased foreign direct investment and boost the competitiveness of Saudi cities, particularly Riyadh, which aspires to be among the top ten city economies in the world.
Sustainable economic and developmental impact
The forum concluded that the Kingdom is no longer just a promising market, but has transformed into a global platform for shaping real estate policies and testing innovative regulatory models. The forum's outcomes are expected to accelerate major projects, enhance housing solutions, and support innovation in construction technologies, thereby solidifying Saudi Arabia's position as an international benchmark in regulating real estate markets and connecting investors with promising opportunities.
