Saudi Arabia opens property sector to foreigners, as agents eye Asians

New market cheaper than Dubai where Indians, Pakistanis and Chinese are top investors

20251015 Laheq condos

Laheq Island is the first residential development at Saudi Arabia's Red Sea tourist destination, with condominiums and villas set for completion in 2028. (Screenshot from Red Sea Global's website)

JENS KASTNER

HAMBURG, Germany -- Saudi Arabia real estate agents will be eyeing wealthy Asians in view of the implementation of a new law allowing foreign, non-Muslim ownership of property from January.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.