Saudi Arabia has announced a new policy that will allow Muslims to own property in the holy cities of Makkah and Madinah under specific rules and regulations.
According to officials, the decision is part of the Kingdom’s efforts to encourage investment, support urban development, and increase housing opportunities in the two sacred cities.
The new framework is expected to create more options for eligible Muslim buyers while ensuring that development is carried out in an organized and regulated manner.
Saudi authorities said that property ownership will be subject to clear legal and Islamic guidelines. They emphasized that all projects and transactions will be carefully monitored to preserve the religious importance and spiritual atmosphere of Makkah and Madinah.
The government believes the policy will encourage investment from Muslims around the world who wish to own property in the holy cities. Officials also expect the move to contribute to economic growth by supporting the real estate sector and attracting long-term investment.
The announcement is part of Saudi Arabia’s broader Vision 2030 strategy, which aims to diversify the economy, strengthen non-oil sectors, and promote sustainable development across the Kingdom. Real estate, tourism, and infrastructure remain key areas of focus under the national development plan.
Experts believe the new policy could increase demand for residential and commercial properties in the two cities while supporting future urban expansion. However, authorities have stressed that all development will be carried out with respect for the unique religious status of the holy sites.
The decision reflects Saudi Arabia’s continued efforts to balance economic development with the preservation of its Islamic heritage. More details about the eligibility criteria and implementation process are expected to be announced as the new property ownership framework moves forward.
