Real Estate Fund Deposits 1.082 Billion Riyals in Housing Support for July 2026 Beneficiaries

The Real Estate Development Fund has deposited 1.082 billion riyals into the accounts of beneficiaries of the housing support program for July 2026, in collaboration with the Ministry of Municipal and Rural Affairs and Housing and the Real Estate Fund.

The fund clarified that this month's support is entirely allocated to subsidize the profits of various housing support program contracts, aiming to empower beneficiaries and enhance their ability to own homes, in line with the housing program objectives under Saudi Vision 2030.

The fund noted that the total amount deposited into beneficiaries' accounts from January 2026 to the current July has reached approximately 7.554 billion riyals.

The Real Estate Development Fund offers housing support services through its electronic portal, along with the "Real Estate Advisor" service, which enables beneficiaries to build their support pathways according to the best financial and housing recommendations.

Since its establishment in 1974, the fund has enabled more than 1.8 million families to acquire their first homes, contributing to raising the citizens' homeownership rate to 66.24%. It continues its role in developing innovative financing solutions in collaboration with financial institutions and real estate developers to expand suitable housing options to meet beneficiaries' needs.