In Saudi Arabia, the Real Estate General Authority (REGA) has launched an immediate licensing facility for the sales of off-plan projects.
Licensing requirements have been cut by 90 percent, granting licenses to be issued immediately once the specific conditions are met in position the previous 30-day processing time.
REGA reported that the service has an automated electronic system that makes procedures simpler, minimizes manual processes, and makes the service more transparent.
This system is also linked to the government and financial institutions, whereby the developers can meet the requirements and secure funding faster, and this aspect ensures that the liquidity can be used in a more effective way in projection.
Therefore, it also enhances checking regulatory and financial obligations in order to protect buyers.
REGA has declared its integration with a number of local banks to create escrow accounts automatically, and it aims to complete its integration with the rest of the banks shortly at the Cityscape Global 2025.
The instant licensing service is one of the activities that REGA has undergone to enhance governance, facilitate transparency, stimulate investment, promote growth, and expand the supply of real estate. The action enhances the position of the Saudi real estate market as one of the most high-tech and dynamic in the region.
The Saudi Arabian real estate market has demonstrated exceptional strength in the rapidly evolving environment through the rapid non-oil economic growth, huge regulatory changes, and intensified development of major sectors.
CBRE Middle East’s Q3 2025 Saudi Arabia Real Estate Market Review indicated that the real GDP of the Kingdom increased year-on-year by 3.9 percent in Q2, to an all-time high, which made it revise its 2025 growth outlook to 4.2 percent.
The non-oil sector currently contributes 56 percent of total GDP, contributing to the continuous demand in all parts of Saudi Arabia’s real estate market, including residential, office, retail, hospitality, and industrial sectors.
The sustained economic momentum and the policy reforms of the third quarter of 2025 are also setting the stage and providing a transformation in the real estate sector of Saudi Arabia.
The economy is diversifying at a high rate, where the non-oil sector has hit a big milestone by generating 56 percent of the total GDP. This strong macroeconomic performance has been used to drive continuous demand in all real estate properties.
The size of the development program is huge, and the amount of the committed projects has reached $440 billion, and the potential long-term projects are about $155 trillion.
Thus, in Q3, three significant regulatory interventions targeted to enhance market regulation, affordability of residents and businesses, consumer protection, and attraction of global capital.
