Real Estate Fund deposits SAR 1.098 billion for September housing support

The Real Estate Development Fund transferred SAR 1.098 billion into the accounts of beneficiaries for September 2026's Housing Support Program. The deposit, announced on Monday, was made to the Ministry of Municipal, Rural Affairs and Housing alongside the Fund. The total support for September was allocated to subsidize profits from housing support contracts, with the aim of empowering beneficiaries and aiding their path to homeownership.

This initiative aligns with Saudi Vision 2030. From January to September 2026, the Fund deposited a total of 9.726 billion riyals into beneficiaries' accounts. The Real Estate Development Fund offers housing support services via its electronic portal, complemented by the Real Estate Advisor service. This enables beneficiaries to create personalized support pathways based on optimal financial and housing recommendations.

Established in 1974, the Fund has facilitated the purchase of homes for over 1.8 million families, elevating the homeownership rate among citizens to 66.24%. The Fund continues to lead in empowering families to secure suitable homes by developing innovative financing solutions in collaboration with financial institutions and real estate developers.

This facilitates the homeownership journey and broadens the range of accessible financial and housing options for beneficiaries.