Riyadh Real Estate Balance Program opens applications Sunday for second year
Applications for the second year of the Real Estate Balance Program in Riyadh open August 16, with registration available online until September 15.
Key Takeaways
AIApplications for the second year of the Real Estate Balance Program in Riyadh will open on Sunday, August 16, 2026, via the program's online platform. Registration will remain open until Tuesday, September 15, 2026.
The Royal Commission for Riyadh City announced that applications will begin at 3 p.m., noting that early registration does not provide any advantage, as all applicants have equal opportunities throughout the application period.
The commission specified that eligible applicants include married Saudi citizens or those over the age of 25, provided they meet the program's requirements. Key conditions include not owning property previously and having resided in Riyadh for at least three years.
For those who applied in the first year, the commission clarified that applicants who were deemed eligible but were not selected in the electronic draw do not need to reapply, as their information is already saved on the platform.
However, applicants who were found ineligible last year must reapply for the second year after meeting all required conditions and regulations.
The commission stressed that submitting an application does not guarantee final acceptance, as all applications will undergo an electronic verification process to ensure eligibility criteria are met.
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The next stages include the end of the registration period, eligibility verification, announcement of results, receiving objections, and conducting the electronic draw for eligible applicants, before completing off-plan sales procedures in accordance with approved regulations.
The commission urged those interested in the program to use only the official online platform and authorized channels, warning against interacting with unverified links or accounts.
The commission also confirmed that its call center and customer service channels are ready to respond to inquiries and provide support regarding registration and the stages of the Real Estate Balance Program.