90-day extension aims to ensure fairness, protect beneficiaries, and support rental market stability across the Kingdom
In a significant move toward improving housing sector regulations, Crown Prince Mohammed bin Salman, Prime Minister of Saudi Arabia, has approved a 90-day extension for the completion of a comprehensive study aimed at reforming the legal framework governing landlord-tenant relationships in the Kingdom.
The study—part of Saudi Arabia’s broader efforts to modernize and regulate its real estate and housing sectors—seeks to establish transparent, fair, and enforceable guidelines that protect the rights of both landlords and tenants while enhancing market stability.
Officials involved in the initiative said the extension underscores the importance of crafting a robust regulatory system that ensures equitable treatment for all parties involved in rental agreements, while also shielding beneficiaries from abrupt fluctuations or imbalances in the housing market.
“The additional time will allow for a more detailed and inclusive review, aligning the new regulations with Saudi Vision 2030’s goals for a balanced and investor-friendly real estate sector,” said a senior source familiar with the process.
The study is expected to address several critical areas, including rent control mechanisms, dispute resolution, standardized lease agreements, digital rental platforms, and enhanced legal protections for vulnerable renters.
This initiative is aligned with the Saudi government’s commitment to improving the quality of life for citizens and residents by ensuring housing affordability, legal clarity, and long-term stability in the residential market.
As Saudi Arabia continues to witness rapid urban development and population growth, the completion of this study and the subsequent implementation of its recommendations are anticipated to play a pivotal role in shaping a more sustainable and equitable rental ecosystem across the Kingdom.
