About the Fund
Introduction
Overview of the REDF and its Objectives
The REDF was established by Royal Decree No. M/23 dated 11/06/1394, corresponding to 01/07/1974. It is organizationally linked to the National Development Fund and aims to achieve real estate development in the Kingdom of Saudi Arabia by enabling beneficiaries to own suitable housing.
This is achieved through the provision of financing solutions, programs, and initiatives that keep pace with developmental transformations and growth requirements, contributing to the realization of housing targets and Saudi Vision 2030.
0
Solid pillar for Saudi homeownership
0 %
Targeted homeownership rate
Chairman's Message
H.E. Mr. Majed bin Abdullah Al-Hogail
Minister of Municipalities and Housing,
Chairman of the Board of Directors
Unlocking the Power of the Financial Ecosystem
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.
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.
continued evolution of a housing
system designed to deliver impact
at scale, one capable of responding
to economic cycles, demographic
change and changing expectations of
a young population.
This progress is particularly
significant in today’s context.
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.
Homeownership also delivers
impact beyond the household. It
supports wealth creation, reduces
exposure to rental volatility and
strengthens financial resilience. At
a national level, a healthy housing
sector contributes to GDP, sustains
employment across various sectors
and reinforces social cohesion.
In this sense, housing is both a
social priority and an instrument of
economic policy and nation building.
Within this housing ecosystem,
REDF serves as a steward to deliver
Unlocking the Power of the Financial Ecosystem
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.
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.
continued evolution of a housing
system designed to deliver impact
at scale, one capable of responding
to economic cycles, demographic
change and changing expectations of
a young population.
This progress is particularly
significant in today’s context.
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.
Homeownership also delivers
impact beyond the household. It
supports wealth creation, reduces
exposure to rental volatility and
strengthens financial resilience. At
a national level, a healthy housing
sector contributes to GDP, sustains
employment across various sectors
and reinforces social cohesion.
In this sense, housing is both a
social priority and an instrument of
economic policy and nation building.
Within this housing ecosystem,
REDF serves as a steward to deliver
Through collaboration with our partners and market participants, REDF supports a diverse portfolio of solutions to reflect the varied needs and financial realities of Saudi citizens. This approach is delivering tangible results. In 2025 alone, over 83,000 beneficiaries received subsidies, with total financing of SR52.7Bn, reflecting continued demand and system effectiveness. Since 2017, more than 920,000 beneficiaries have achieved homeownership through programmes enabled by REDF and delivered by our ecosystem partners, with total financing exceeding SR613Bn.
Sustaining this progress requires disciplined stewardship. In 2025, REDF advanced a new corporate strategy built around four pillars, with financial sustainability as a central priority. At the same time, the organisation itself has evolved and is becoming more agile, more digitally enabled and increasingly fit to deliver against the strategy. Collaboration across the financial and housing ecosystem remains central to our success. During the year, REDF actively participated in key sector platforms such as Cityscape and Momentum, signing multiple Memoranda of Understanding (MOU) that strengthen partnerships, unlock new housing supply, whilst supporting private sector participation.
These engagements reflect a shared commitment to shaping a housing system that delivers both scale and quality. The achievements of 2025 are the result of collective effort across the public and private sectors. I extend my deepest gratitude to the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince for their leadership and unwavering commitment to placing housing at the centre of the Kingdom's transformation.
I also thank the Board of Directors, our partners across government and industry and the employees of REDF for their continued dedication.
Through collaboration with our partners and market participants, REDF supports a diverse portfolio of solutions to reflect the varied needs and financial realities of Saudi citizens. This approach is delivering tangible results. In 2025 alone, over 83,000 beneficiaries received subsidies, with total financing of SR52.7Bn, reflecting continued demand and system effectiveness. Since 2017, more than 920,000 beneficiaries have achieved homeownership through programmes enabled by REDF and delivered by our ecosystem partners, with total financing exceeding SR613Bn.
Sustaining this progress requires disciplined stewardship. In 2025, REDF advanced a new corporate strategy built around four pillars, with financial sustainability as a central priority. At the same time, the organisation itself has evolved and is becoming more agile, more digitally enabled and increasingly fit to deliver against the strategy. Collaboration across the financial and housing ecosystem remains central to our success. During the year, REDF actively participated in key sector platforms such as Cityscape and Momentum, signing multiple Memoranda of Understanding (MOU) that strengthen partnerships, unlock new housing supply, whilst supporting private sector participation.
These engagements reflect a shared commitment to shaping a housing system that delivers both scale and quality. The achievements of 2025 are the result of collective effort across the public and private sectors. I extend my deepest gratitude to the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince for their leadership and unwavering commitment to placing housing at the centre of the Kingdom's transformation.
I also thank the Board of Directors, our partners across government and industry and the employees of REDF for their continued dedication.