Real Estate Fund deposits SAR 1.08 billion for Sakani beneficiaries in July

The Real Estate Development Fund announced on Tuesday the deposit of 1.082 billion riyals (SAR) into the accounts of beneficiaries of the Sakani housing support program for July 2026, in cooperation with the Ministry of Municipal and Rural Affairs and Housing.

The fund stated that the total amount was allocated to subsidize profits on various Sakani support contracts, aiming to empower beneficiaries and enhance their ability to own homes, in line with the objectives of the Housing Program, part of Saudi Vision 2030.

The fund added that the total amount deposited into Sakani beneficiaries’ accounts since the beginning of 2026 through July has reached approximately 7.554 billion riyals.

The Real Estate Development Fund also provides housing support services through its online portal, as well as the “Real Estate Advisor” service, which enables beneficiaries to tailor their support pathways with optimal financial and housing recommendations.

Pioneering role in empowering families

Since its establishment in 1974, the Real Estate Development Fund has enabled more than 1.8 million families to obtain their first home and helped raise the homeownership rate among citizens to 66.24 percent. The fund continues to develop innovative financing solutions in partnership with financial institutions and real estate developers to facilitate the homeownership journey and expand suitable housing options for beneficiaries.