Sakani — Saudi Arabia's National Housing Platform

Mon, 27 Apr 2026 00:00:00 +0000

Sakani is Saudi Arabia’s national housing platform — the digital front door of the Vision 2030 Housing Programme for housing support, subsidies, mortgage journeys, unit reservations, contract execution, and post-handover services. Jointly operated by the Ministry of Municipalities and Housing (MOMRAH) and the Real Estate Development Fund (REDF), Sakani is the single integrated channel through which Saudi families navigate every stage of the homeownership journey. Launched in 2017 alongside the institutional restructuring that converted REDF from a direct lender into the principal demand-side support mechanism for Saudi homeownership, Sakani has become the operational interface through which more than 117,000 Saudi families per year access housing support, more than 1.2 million Saudis downloaded the mobile application during 2024 alone, and the platform delivered more than 1.1 million services across its various channels and attracted in excess of 625 million visits during the same calendar year.

Home Ownership Rate — Progress Tracker

Sun, 22 Feb 2026 00:00:00 +0000

Home Ownership Rate KPI Tracker

On Track — Saudi Arabia’s home ownership rate reached 65.4 per cent in 2024, surpassing interim targets and advancing strongly toward the 70 per cent Vision 2030 goal. The Kingdom has added approximately 18.4 percentage points since the 2016 baseline, reflecting one of the most successful housing policy interventions in the region.

Key Metrics

Metric	Value
Baseline (2016)	47.0%
Target 2020	52.0%
Actual 2020	60.0%
Target 2024	63.0% (interim)
Latest (2024)	65.4%
Target 2030	70.0%
Gap to 2030 Target	4.6 percentage points
Households Supported (Sakani)	1.3M+ families

Trend Analysis

The home ownership rate trajectory represents one of Vision 2030’s most impressive social outcome achievements. From a starting point of 47 per cent in 2016 — a figure that reflected decades of housing supply shortages, unaffordable mortgage products, and limited government support mechanisms — the rate has climbed by over 18 percentage points. The annual pace of improvement averaged approximately 2.3 percentage points per year, significantly exceeding the roughly 2.9 percentage points per year originally planned across the full 2016-2030 period.

Sakani on SAUDI VISION 2030 Intelligence Platform

Sakani — Saudi Arabia's National Housing Platform

Home Ownership Rate — Progress Tracker

Home Ownership Rate KPI Tracker

Key Metrics

Trend Analysis