In a landmark move for Saudi Arabia's property sector, financial technology firm Ghanem has officially launched its fractional real estate ownership platform. This pioneering initiative, operating within the secure framework of the Real Estate General Authority's (REGA) regulatory sandbox, is set to redefine property investment in the Kingdom. By offering a fully digital and regulated pathway, the platform aims to democratize access to income-generating real estate assets, marking a significant milestone in the nation's push towards greater financial innovation and market inclusivity for a wider range of investors.
Expanding Access to Real Estate
The core innovation of Ghanem's platform lies in its ability to allow eligible Saudi investors to acquire and hold officially registered fractional shares in valuable, income-producing properties. This model breaks down large real estate assets into smaller, more affordable units, thereby lowering the substantial capital requirements that have traditionally limited market participation. Through a seamless and entirely digital user journey, investors can now build a diversified property portfolio with greater ease and flexibility, opening up a previously exclusive asset class to a new generation of participants.
A Foundation of Security and Transparency
Central to the platform's credibility and investor appeal is its full and direct integration with Saudi Arabia's official Real Estate Registry. This critical link ensures that every fractional ownership transaction is transparently recorded and legally recognized in the government's official ledger, providing an unparalleled level of security. This robust system of verification not only protects investor assets but also fosters deep market confidence by guaranteeing that all ownership claims are legitimate, compliant, and upheld by the highest regulatory standards in the Kingdom.
Innovation Under Regulatory Supervision
The launch is being carefully managed within the REGA Sandbox, an environment designed to nurture innovation while safeguarding market integrity and consumer protection. This strategic approach allows Ghanem to methodically test, validate, and refine its services under the watchful eye of regulators before a full-scale public rollout. The initiative reflects REGA’s commitment to enabling progressive financial products while ensuring that strong governance, compliance, and stability remain paramount, setting a precedent for future fintech developments in the real estate sector.
A Milestone for the Saudi Market
Saleh Waheed Al-Ghamdi, the Chief Executive Officer of Ghanem, commented on the significance of the launch, describing it as a "major milestone" for both the company and the entire Saudi real estate sector. He emphasized that the platform's design and integration are focused on delivering a transparent, secure, and fully regulated investment experience that meets the sophisticated demands of today's investors. The phased rollout plan will ensure a controlled and successful introduction, paving the way for broader market expansion and further innovation.
The introduction of Ghanem's fractional ownership platform is a transformative development that aligns perfectly with Saudi Arabia's Vision 2030 goals for economic diversification and digital transformation. By skillfully blending advanced technology with rigorous regulatory oversight, this new model provides a secure, accessible, and modern pathway for individuals to invest in the nation's thriving real estate market. It establishes a new benchmark for transparency and investor protection, poised to stimulate further growth and cement the Kingdom's position as a leader in regional financial innovation.