The Real Estate General Authority in Saudi Arabia has taken a strategic step toward digitizing the sector by granting licenses to nine technology companies to develop and test a fractional ownership model in real estate tokenization. This initiative falls within the regulatory sandbox environment and paves the way for opening the market to international investors by June 2026.
The real estate tokenization model relies on converting properties into digital shares using blockchain technology, enabling investors to own a portion of a property with legal documentation that ensures transparency and faster trading. The licensed companies include Ghanem, Sahl, Juz’, Madak, Nola, Jama, Droob RWA, Hasilatak, and Hissatak.
In a historic milestone, the Juz’ platform issued the first tokenized property deed within the private sector, allowing small investors to enter the real estate market with lower capital compared to traditional ownership.
Meanwhile, the Authority also announced the launch of title registration in Medina, specifically in the Bani Abdul Ashhal district, from February 22 until May 28, 2026.
Registration will be available through the electronic Real Estate Registry platform or service centers, with each unit receiving a property number and registered title deed upon meeting the requirements—further strengthening the reliability of the Kingdom’s real estate infrastructure.
