A steward of the Kingdom's housing finance ecosystem.

Letter from the Chairman

2025 was a year when the Real Estate Development Fund (REDF) started the implementation of an updated corporate strategy designed to enable and drive the growth of the Saudi housing market through sustainable and innovative financial solutions for citizens and market participants.

By year end, national homeownership reached 66.2%, moving steadily toward the Vision 2030 target of 70%.

The Kingdom has a young, urban population undergoing a generational transition, with more citizens entering the housing market as first-time buyers, singles and young families. While the aspiration to own a home remains strong, homeownership is increasingly viewed not as an endpoint, but as a foundation for economic participation, stability and long-term wellbeing.

In 2025 alone, over 83,000 beneficiaries received subsidies, with total financing of 52.7 billion. Since 2017, more than 920,000 beneficiaries have achieved homeownership through programs enabled by REDF and delivered by our ecosystem partners, with total financing exceeding 613 billion.

Delivering sustainable homeownership for a new generation.

In 2025, REDF entered a new phase, placing sustainable and innovative financial solutions at the heart of its updated corporate strategy. With national homeownership reaching 66.2%, REDF continues to make strong progress toward Vision 2030's 70% target.

REDF advanced its digital and AI transformation agenda — 84% usage of electronic services and 90% customer satisfaction with digital channels. The seamless homeownership journey is enabled through the Real Estate Advisor Platform, with over 1.8 million registered beneficiaries.

We remain committed to leading through disciplined execution, ecosystem partnership and data-driven decision making.

In 2025, REDF signed agreements with 17 developers, supporting the delivery of 3,285 housing units, alongside multiple MOUs with government entities, financial institutions and ecosystem partners.