The Sakani program in Saudi Arabia has made significant progress in helping families achieve their dream of homeownership. The program aims to encourage more Saudi families to purchase their first homes by collaborating with the Real Estate Development Fund and financial institutions to provide various housing support schemes for first-time buyers.

In the first quarter of 2024, the Sakani program provided housing options to as many as 32,343 Saudi families, which is an impressive number. Moreover, this figure shows a continuing upward trend, demonstrating the program's proactive role in meeting the housing needs of families.

Specifically, the number of families in the Kingdom of Saudi Arabia purchasing their first homes in the first three months reached 25,391 households. This reflects the Sakani program's provision of extensive home-buying opportunities for Saudi families and its remarkable achievements.

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Established in 2017, the Sakani program aims to increase the proportion of Saudi households owning homes to 70% based on Saudi Arabia's Vision 2030 economic diversification strategy. To date, the program has made significant progress in providing more Saudi families with homeownership opportunities and enabling the possibility of homeownership through the creation of new housing stock and the provision of financing measures.

The success of the Sakani program is not only reflected in numbers but also in the wide range of housing facilities and services it provides. Through the Sakani website and application, families can access services such as real estate consulting, issuance of real estate transaction tax certificates, and display of financial institution interest rates, providing them with convenience and support throughout their home-buying process.

In conclusion, the Sakani program has played an important role in helping Saudi families achieve their dream of homeownership, contributing positively to Saudi Arabia's housing market and laying a solid foundation for achieving the Vision 2030 economic vision. As the program continues to develop and expand, it is expected that more families will benefit from the housing support and services it provides, thereby making a greater contribution to the stability and prosperity of Saudi society.