Business · Companies · 1 hr ago
Seven million square metres of Saudi land enter development or sale
Saudi Arabia’s Ministry of Municipalities and Housing says seven million square metres of land in Tabuk, Hail and Jazan have entered development or sale.
The figures come under a system that charges fees on undeveloped land and vacant properties.
About 5.3 million square metres have entered the market, while 1.3 million are being developed and 466,000 have been developed.
Revenue from the fees has supported 21 housing projects in the three regions, including work to prepare related infrastructure.
The ministry says the policy is intended to encourage owners to use idle land and increase the supply of homes and other property.
It aims to improve the balance between housing supply and demand in urban areas.
The ministry says it will continue efforts to bring unused land into development.
Saudi Arabia’s Ministry of Municipalities and Housing said nearly 7 million square metres of undeveloped land in Tabuk, Hail and Jazan entered development or trading pathways.
The total includes 5.3 million square metres that entered trading, 1.3 million under development and 466,000 that have been developed.
Revenue from white-land fees supported 21 housing projects across the three regions.
The ministry said the measures aim to encourage development, increase land and housing supply, and support balance between supply and demand.
- Who
- Saudi Arabia’s Ministry of Municipalities and Housing.
- What
- Nearly 7 million square metres of land entered development or trading pathways.
- When
- The announcement was published on October 25, 2026.
- Where
- The regions of Tabuk, Hail and Jazan, Saudi Arabia.
- Why
- The ministry said the measures aim to encourage land development and improve use of urban land.
This story does not have two clearly opposing sides.
The ministry said about 286 million square metres of land in several regions had entered development or trading pathways.
The ministry announced that nearly 7 million square metres in Tabuk, Hail and Jazan entered development or trading pathways.
- Total land
- Nearly 7 million square metres
- Entered trading
- 5.3 million square metres
- Under development
- About 1.3 million square metres
- Developed
- 466,000 square metres
- Housing projects supported
- 21 projects across Tabuk, Hail and Jazan