Real Estate Business
Brokerage, development, and FAL license supportForeign investors can operate real estate businesses in Saudi Arabia with 100% ownership. The separate high-capital real estate license requirement has been removed — you can start with a general or entrepreneur license and add RERA/FAL registration afterward.
- Getting Started
The path begins with MISA license and commercial registration, followed by Real Estate General Authority (REGA) registration. Non-Saudis can obtain FAL (broker/marketing) licenses — a practical approach is granting Power of Attorney to a Saudi national to apply on the company's behalf while you retain ownership.
Real estate development can be highly profitable. A typical Jeddah scenario: acquire land for SAR 3 million, build a seven-story building, sell units for SAR 14 million, and net SAR 7–8 million profit. Ibtdara guides licensing so you can participate in this market legally.
- Selling to Saudis and Expats
You can sell property to Saudi nationals and expatriates. Standard iqama holders need Ministry of Housing approval to purchase. Premium Residents buy directly without that approval. Your brokerage must comply with REGA marketing and disclosure rules.
- Bank-Owned Properties
Bank-foreclosed properties offer value opportunities — four-bedroom units sometimes available around SAR 250,000 with renovation investment. These can be rented or resold after proper due diligence and licensing.
- Common Questions
No. MISA licensing allows 100% foreign ownership of real estate companies.
FAL is the REGA-issued license for brokerage and property marketing activities.
Yes, with Ministry of Housing approval for standard iqama holders; Premium Residents purchase directly.
- What else?
- Core Services
GET STARTED
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