The Royal Fee for Riyadh Metropolis (RCRC) has launched the Actual Property Steadiness Platform (Tawazoun), enabling residents to use for deliberate and developed residential land plots in Riyadh at capped costs of SAR1,500 ($400) per sq. metre.
The transfer follows directives from Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister, to make sure stability in Riyadh’s actual property sector.
Below the initiative, the RCRC will present residents with between 10,000 and 40,000 residential plots yearly for the following 5 years.
Riyadh actual property
Functions may be submitted by way of the official platform till October 23, 2025. Eligible candidates should be both married or over the age of 25, have resided in Riyadh for at the least three years, and should not already personal actual property.
RCRC said that candidates will face restrictions on resale or switch. The land can’t be bought, mortgaged, or disposed of for 10 years, besides when mortgaging is required to finance building.
If the land will not be developed inside that interval, will probably be recovered, and the acquisition value reimbursed.
The fee additionally harassed that software timing doesn’t have an effect on eligibility and that registration doesn’t assure approval. It added that tawazoun.rcrc.gov.sa is the only official digital channel for purposes, with no intermediaries authorised to behave on its behalf.
