The CEO of the General Authority for Real Estate, Abdullah Al-Hammad, confirmed that real estate tokenization represents a modern and innovative investment model in the real estate sector, supported by the leadership due to its economic and developmental importance. He explained that the Saudi real estate market has moved from establishing regulations to implementing them with excellence while enabling innovation.
At the Future of Real Estate Forum, Al-Hammad pointed out that real estate tokenization is a pioneer in major global real estate markets and that the Authority has worked to develop it through a regulatory and experimental environment that protects investors’ rights and ensures sustainability.
He announced that the first tokenized deed was issued at the end of 2025 and that at the beginning of 2026, nine companies were qualified within the experimental environment to carry out tokenization operations in an organized manner.
Al-Hammad detailed the difference between real estate tokenization and real estate funds and stocks, noting that tokenization is linked to fractional ownership of the real estate asset in accordance with Saudi regulations, unlike international experiences that rely on the private sector without a clear connection to national legislation.
He stressed that investors who own real estate tokens are fully subject to national regulations, highlighting that the model balances investment stimulation with security and protection.
Investment is currently carried out through qualified companies within the experimental regulatory framework to ensure the safety of the experience, as buying and trading are limited to approved companies only to guarantee quality.
Al-Hammad emphasized the importance of the pilot being safe and encouraging in order to attract investments, with clear objectives to finance the real estate sector and ensure the sustainable operation of assets.
Al-Hammad confirmed that there is currently no minimum investment requirement due to the pilot phase, explaining that costs vary depending on each real estate token and are determined by the qualified companies.
Regarding linking tokenization to the securitization market, he clarified that tokenization is an independent investment and that there is coordination with the Capital Market Authority to provide options such as funds, real estate assets, and stocks.
Transparency and governance are among the Authority’s top priorities, as it requires the submission of an official valuation of assets by accredited appraisers, along with full disclosure of all costs associated with the investment, to ensure that investors have a complete and accurate understanding before making their decision.
