We empower Saudi families to build a more stable future through flexible financing and diverse housing products that meet the aspirations of the next generation and improve quality of life under Vision 2030.
Supported housing finance contracts
National homeownership rate
Families benefited from the program
Empowering and enhancing the growth of the Saudi housing market by providing sustainable and innovative financial solutions for citizens and market participants.
Increasing the percentage of homeownership among citizens by providing innovative and financially sustainable solutions for citizens and market participants.
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.
A strong foundation for Saudi homeownership.
Minister of Municipalities and Housing,
Chairman of the Board of Directors
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%. This milestone reflects not only increased access to housing, but the 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 sustainable and innovative financial solutions.
Chief Executive Officer,
Member of the Board of Directors
In 2025, The Real Estate Development Fund (REDF) entered a new phase, placing sustainable and innovative financial solutions at the heart of its updated corporate strategy to drive the continued growth of the Saudi housing market. With national homeownership reaching 66.2%, REDF continues to make strong progress toward supporting the Kingdom's Vision 2030 target of 70%. During 2025, more than 83,000 housing finance contracts were enabled through REDF supported programmes, reflecting sustained demand and delivering meaningful impact in expanding access to homeownership.
REDF's role goes beyond direct beneficiary support, with a critical position as a key enabler of the financing housing ecosystem and this collaborative approach has translated into measurable outcomes. Institutional capability and operational excellence continue to be key enablers of our strategy. During the year, REDF advanced its digital and AI transformation agenda, with 84% usage of electronic services and Customer Satisfaction of digital services reaching 90%.
The seamless homeownership journey is enabled through The Real Estate Advisor platform with over 1.8 million registered beneficiaries. The platform allows beneficiaries to register, explore housing options and receive up to five home financing offers through a streamlined process completed in five simple steps. More than 710,000 beneficiaries were served through online and branch channels and Customer satisfaction (CSI), reached 86%, with a Net Promoter Score (NPS) of 75%, reflecting growing trust in REDF's services and ease of beneficiary access.
The Fund’s performance indicators and platforms during the year 2025 in delivering financing and advisory services.
Registered beneficiaries on the Real Estate Advisor platform.
Contracts signed in 2025.
Facilities approved to develop more than 35 projects totaling 4,586 housing units.
Support for individual mortgage financing costs, resulting in 344 housing finance contracts.
Supported and empowered, with agreements covering 3,285 housing units.
Supporting financing products and their foundations.
Real estate valuations completed, bringing total applications since the program launch in 2021 to 1,402,451.
Valuation requests in 2025.
Real estate valuation requests in 2025.
Collections performance exceeded the annual target of 5,681 million.
Collected through the early repayment discount program.
Number of full loan closure beneficiaries in 2025.
Investment revenues exceeded the target by 133%.
Total revenues exceeded the target by 129%.
Return on investment after investment revenues.
Paid-in capital; authorized capital is 190.9 billion.
Annual average cost of supported financing.
Total approved expenses, with a disbursement ratio of 99.99%.
Percentage above the annual target for allocated funds.
Operating revenues exceeded the target by 120%.