Dubai’s real estate market is one of the most dynamic and lucrative in the world. Recent regulatory changes now allow for 100% foreign ownership, eliminating the need for a local sponsor. Maju Management Consultancy is here to guide you through the process of establishing your real estate business in Dubai Mainland. Here’s a comprehensive guide to help you get started.

But the big question for entrepreneurs and investors is: How do you start a real estate company in Saudi Arabia?

In this blog, we’ll walk you through the process of setting up your real estate business in the Kingdom, the different types of licenses, and everything you need to know to get started legally and successfully.

Why Saudi Arabia is the Place to Start Your Real Estate Company

Saudi Arabia’s Vision 2030 is a massive reform plan that aims to diversify the economy beyond oil. As part of this vision, the government has opened its doors to private sector players and international investors to develop the real estate sector. Here’s why now is the best time to enter the Saudi real estate market:

  • High ROI in residential and commercial projects
  • Government-backed mega cities and infrastructure developments
  • Supportive regulations for foreign investors
  • Growing demand for housing, office space, and retail outlets
  • Ease of doing business is improving year-on-year

Whether you’re a local entrepreneur or a foreign investor, the Saudi real estate landscape offers something for everyone.

Types of Real Estate Licenses in Saudi Arabia


To operate legally, you need to obtain the appropriate real estate license from the Saudi Real Estate General Authority (REGA) and register with the Ministry of Commerce and Investment (MCI).

Here are the main types of real estate licenses available in the Kingdom:

1. Real Estate Brokerage License

This license allows you to act as a middleman between buyers and sellers. It includes services like:
  • Selling and buying residential or commercial properties
  • Renting and leasing properties
  • Commission-based real estate transactions
    Note: Brokers must be registered in the Saudi Real Estate Broker Registry (ESAR).

2. Real Estate Development License

This is for companies that build and develop residential or commercial buildings. It includes:
  • Land development
  • Construction of new buildings
  • Sale or lease of developed units

3. Real Estate Marketing License

 
This license is for promoting or marketing properties on behalf of developers or owners. It is essential for:
  • Real estate advertising
  • Hosting property exhibitions
  • Online and offline promotional campaigns

4. Real Estate Property Management License

This covers:
  • Managing rented buildings or communities
  • Handling tenant relations
  • Maintenance, collection of rent, and administration of assets

5. Real Estate Investment License (for Foreigners)

Foreign investors looking to invest or operate in Saudi Arabia can obtain this license through MISA (Ministry of Investment Saudi Arabia). You’ll also need to partner with a local sponsor or meet the foreign ownership criteria.

Steps to Start a Real Estate Company in KSA

Here’s a simplified checklist to start your journey:
  1. Choose the business activity (brokerage, development, marketing, etc.)
  2. Reserve a trade name through the Ministry of Commerce
  3. Obtain commercial registration (CR)
  4. Apply for the real estate license from REGA
  5. Register with ESAR (for brokers)
  6. Lease office space or choose a business center
  7. Open a corporate bank account
  8. Register with ZATCA for VAT
  9. Apply for visas for staff (optional)
    At Maju Management Consultancy, we handle all the above steps, ensuring you stay compliant and worry-free.

Foreign Ownership in Saudi Real Estate Sector

As of recent reforms, foreign investors can own 100% of real estate companies in certain sectors—particularly commercial and industrial. However, for residential property trading, foreign ownership is restricted and usually requires a Saudi partner.

FAQ – Real Estate Company Setup in Saudi Arabia

Can foreigners start a real estate company in Saudi Arabia?
Yes, through MISA, foreigners can obtain a license to set up a real estate development or investment company. A local partner may be needed depending on the activity.
What is ESAR and why is it important?
ESAR is the Real Estate Broker Registry in Saudi Arabia. If you’re dealing with brokerage services, your company and agents must be registered with ESAR.
How much does it cost to start a real estate company in KSA?
Setup costs vary based on license type, office space, and visa requirements. On average, expect:
• CR & Licensing Fees: 15,000–25,000 SAR
• Office Rent (Business Center): 30,000–50,000 SAR annually
• Visa Fees: 14,500 SAR per visa
• Professional Service Fees: Varies
Do I need an office space?
Yes. A physical address is required to obtain a commercial license. Business centers and flexi-desks are acceptable for certain license types.
How long does it take to register the company?
With all documents in place, the setup process can take 15–30 working days, depending on approvals.
Is VAT registration mandatory?
Yes, especially if your business exceeds the annual threshold of 375,000 SAR in revenue.

Final Thoughts


Starting a real estate company in Saudi Arabia is not just a business decision—it’s an opportunity to be part of a transformative era. With the right licensing, clear strategy, and professional guidance, your company can thrive in one of the Middle East’s most promising markets.

If you’re ready to take the first step, we’re here to help you make it seamless.