{"id":8021,"date":"2026-02-10T16:38:13","date_gmt":"2026-02-10T13:38:13","guid":{"rendered":"https:\/\/back.habitare.sa\/wp\/?p=8021"},"modified":"2026-02-10T16:38:13","modified_gmt":"2026-02-10T13:38:13","slug":"real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah","status":"publish","type":"post","link":"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/","title":{"rendered":"Real Estate Tokenization and Foreign Ownership in Makkah and Madinah"},"content":{"rendered":"<p>In an era where digital transformation is reshaping global investment models, real estate is experiencing one of its most significant evolutions.<br \/>\nAmong these developments, <strong>real estate tokenization and foreign ownership in Makkah and Madinah<\/strong> has emerged as a topic of growing interest for international investors seeking compliant access to Saudi Arabia\u2019s most sacred cities.<!--more--><\/p>\n<p>Makkah and Madinah hold unmatched religious, cultural, and economic value. At the same time, they operate under carefully structured ownership regulations that prioritize sanctity, governance, and long-term stability.<\/p>\n<p>This guide by <a href=\"https:\/\/habitare.sa\/en\/home-en\/\">Habitare Real Estate<\/a> explores how real estate tokenization interacts with existing foreign ownership laws, and what this means for investors navigating this unique legal environment.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter-rtl ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #c1822b;color:#c1822b\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #c1822b;color:#c1822b\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#Legal_Framework_for_Foreign_Property_Ownership_in_Makkah_and_Madinah\" >Legal Framework for Foreign Property Ownership in Makkah and Madinah<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#1-_Geographic_Scope_and_Regulatory_Controls\" >1- Geographic Scope and Regulatory Controls<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#2-_Special_Status_of_Makkah_and_Madinah\" >2- Special Status of Makkah and Madinah<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#3-_Rights_of_Resident_Foreign_Nationals\" >3- Rights of Resident Foreign Nationals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#4-_Registration_and_Legal_Effect\" >4- Registration and Legal Effect<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#Real_Estate_Tokenization_and_Foreign_Ownership_in_Makkah_and_Madinah\" >Real Estate Tokenization and Foreign Ownership in Makkah and Madinah<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#1-_Digital_Ownership_Structures\" >1- Digital Ownership Structures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#2-_Investment_Access_in_Holy_Cities\" >2- Investment Access in Holy Cities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#3-_Transparency_and_Legal_Security\" >3- Transparency and Legal Security<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#Impact_on_Foreign_Investors\" >Impact on Foreign Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#Real_Estate_Tokenization_with_Habitare_Real_Estate\" >Real Estate Tokenization with Habitare Real Estate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#Frequently_Asked_Questions\" >Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#What_is_real_estate_tokenization\" >What is real estate tokenization?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#Does_real_estate_tokenization_allow_foreigners_to_own_property_in_Makkah_and_Madinah\" >Does real estate tokenization allow foreigners to own property in Makkah and Madinah?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/habitare.sa\/en\/real-estate-tokenization-and-foreign-ownership-in-makkah-and-madinah\/#Is_real_estate_tokenization_legal_in_Saudi_Arabia\" >Is real estate tokenization legal in Saudi Arabia?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Legal_Framework_for_Foreign_Property_Ownership_in_Makkah_and_Madinah\"><\/span>Legal Framework for Foreign Property Ownership in Makkah and Madinah<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/habitare.sa\/en\/real-estate-ownership-laws-for-non-saudis-2026\/\">Saudi Arabia regulates foreign property ownership<\/a> through a structured <a href=\"https:\/\/habitare.sa\/en\/the-foreign-ownership-of-real-estate-in-saudi-arabia-decision-comes-into-effect\/\">legal system overseen<\/a> by the General Real Estate Authority.<\/p>\n<p>Under the Foreign Ownership of Real Estate Law, clear boundaries define who may own property, where ownership is permitted, and how rights are structured.<\/p>\n<p>This framework enhances transparency while ensuring that investment activity aligns with national policy and religious considerations.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1-_Geographic_Scope_and_Regulatory_Controls\"><\/span>1- Geographic Scope and Regulatory Controls<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Foreign ownership is permitted only within approved geographic zones designated by the Council of Ministers.<\/p>\n<p>These zones are selected based on regulatory, economic, and social considerations, with ownership types and usage clearly defined.<\/p>\n<p>Ownership structures may include full ownership, usufruct rights, or other real estate interests, subject to approval and registration.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2-_Special_Status_of_Makkah_and_Madinah\"><\/span>2- Special Status of Makkah and Madinah<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Makkah and Madinah hold a unique legal status under <a href=\"https:\/\/habitare.sa\/en\/category\/saudi-investment-regulations-laws-en\/\">Saudi law<\/a>.<br \/>\nDirect property ownership within the boundaries of the holy cities is restricted exclusively to Muslim individuals.<\/p>\n<p>Non-Muslim individuals are not permitted to own property in these cities, reflecting their exceptional religious significance.<\/p>\n<p>However, regulated corporate and investment structures provide limited and lawful alternatives within the broader framework.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3-_Rights_of_Resident_Foreign_Nationals\"><\/span>3- Rights of Resident Foreign Nationals<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Saudi regulations allow legally resident non-Saudis to own a single residential property for personal use outside restricted zones.<\/p>\n<p>This provision does not apply to Makkah or Madinah and is governed by specific executive regulations.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4-_Registration_and_Legal_Effect\"><\/span>4- Registration and Legal Effect<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>All property rights become legally effective only after registration in the Saudi Real Estate Registry.<\/p>\n<p>No ownership or real right is recognized without official registration and full compliance with regulatory requirements.<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Real_Estate_Tokenization_and_Foreign_Ownership_in_Makkah_and_Madinah\"><\/span>Real Estate Tokenization and Foreign Ownership in Makkah and Madinah<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As digital innovation enters the Saudi property market, <strong>real estate tokenization and foreign ownership in Makkah and Madinah<\/strong> has become a key area of regulatory focus.<\/p>\n<p>Tokenization converts physical real estate assets into digital units that represent proportional ownership or investment rights.<\/p>\n<p>These units are recorded and managed through secure digital platforms, allowing structured participation without traditional title transfer.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_8024\" aria-describedby=\"caption-attachment-8024\" style=\"width: 660px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-8024\" src=\"https:\/\/habitare.sa\/wp-content\/uploads\/2026\/02\/%D9%83%D9%8A%D9%81-%D9%8A%D8%A4%D8%AB%D8%B1-%D8%A7%D9%84%D8%AA%D8%B1%D9%85%D9%8A%D8%B2-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A-%D9%81%D9%8A-%D8%AA%D9%85%D9%84%D9%83-%D8%A7%D9%84%D8%A3%D8%AC%D8%A7%D9%86%D8%A8-%D9%81%D9%8A-%D9%85%D9%83%D8%A9-%D9%88%D8%A7%D9%84%D9%85%D8%AF%D9%8A%D9%86%D8%A9%D8%9F-2-1024x538.jpg\" alt=\"Real estate tokenization and foreign ownership in Makkah and Madinah\" width=\"660\" height=\"347\" \/><figcaption id=\"caption-attachment-8024\" class=\"wp-caption-text\">Real estate tokenization and foreign ownership in Makkah and Madinah<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1-_Digital_Ownership_Structures\"><\/span>1- Digital Ownership Structures<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Through real estate tokenization, properties can be divided into digital units that represent economic interest rather than direct title ownership.<\/p>\n<p>This structure allows investors to participate in high value assets while remaining within regulatory limits.<\/p>\n<p>Tokenization does not override ownership laws but operates within them, offering a compliant investment mechanism.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2-_Investment_Access_in_Holy_Cities\"><\/span>2- Investment Access in Holy Cities<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For Muslim investors outside Saudi Arabia, real estate tokenization offers a regulated pathway to participate economically in properties located in Makkah and Madinah.<\/p>\n<p>Rather than direct ownership, investors gain exposure through structured digital participation aligned with Saudi regulations.<\/p>\n<p>This approach preserves religious safeguards while enabling controlled foreign investment.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3-_Transparency_and_Legal_Security\"><\/span>3- Transparency and Legal Security<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>One of the core advantages of real estate tokenization is enhanced transparency.<\/p>\n<p>Digital records provide traceable ownership history, reduce disputes, and strengthen investor confidence.<\/p>\n<p>All transactions remain subject to Saudi legal oversight, ensuring compliance and protection for all parties involved.<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Impact_on_Foreign_Investors\"><\/span>Impact on Foreign Investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The impact of <strong>real estate tokenization and foreign ownership in Makkah and Madinah<\/strong> is increasingly clear:<\/p>\n<ul>\n<li>Lower entry barriers compared to full property acquisition<\/li>\n<li>Faster and more efficient transaction processes<\/li>\n<li>Enhanced legal clarity through digital records<\/li>\n<li>Improved liquidity within regulated structures<\/li>\n<\/ul>\n<p>Together, these factors support Saudi Arabia\u2019s broader vision of secure, technology driven investment growth.<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Real_Estate_Tokenization_with_Habitare_Real_Estate\"><\/span>Real Estate Tokenization with Habitare Real Estate<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At Habitare Real Estate, we provide strategic guidance tailored to complex ownership environments.<br \/>\nOur expertise ensures that every investment pathway aligns fully with Saudi regulations and religious considerations.<\/p>\n<p>Whether exploring tokenized assets or traditional structures, we deliver clarity, compliance, and confidence at every stage.<\/p>\n<p><strong>Real estate tokenization and foreign ownership in Makkah and Madinah<\/strong> requires precision, experience, and regulatory insight.<br \/>\nOur team ensures that each step is handled with professionalism and discretion.<\/p>\n<p><a href=\"https:\/\/habitare.sa\/en\/contact-us-en\/\">Contact Habitare Real Estate today<\/a> to begin your investment journey with confidence.<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Understanding the relationship between real estate tokenization and foreign ownership in Makkah and Madinah is essential for any investor seeking lawful access to these sacred markets.<br \/>\nWith the right structure and professional support, technology can open compliant opportunities while respecting Saudi Arabia\u2019s legal and religious framework.<\/p>\n<hr \/>\n<p><strong>Edited by:<\/strong><\/p>\n<p>Habitare Real Estate<sup>\u00a9<\/sup><\/p>\n<p><strong>Source:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/rega.gov.sa\/media-center\/%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%A5%D8%B9%D9%84%D8%A7%D9%86%D8%A7%D8%AA\/%D8%A8%D8%B1%D8%B9%D8%A7%D9%8A%D8%A9-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%A8%D9%84%D8%AF%D9%8A%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D8%A7%D9%86-%D9%87%D9%8A%D8%A6%D8%A9-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1-%D8%AA%D8%B9%D9%84%D9%86-%D8%A5%D8%AA%D9%85%D8%A7%D9%85-%D8%A3%D9%88%D9%84-%D8%AA%D8%B1%D9%85%D9%8A%D8%B2-%D8%B9%D9%82%D8%A7%D8%B1%D9%8A-%D9%88%D8%AA%D8%A4%D8%B3%D8%B3-%D9%84%D8%A3%D9%88%D9%84-%D9%85%D8%B9%D9%8A%D8%A7%D8%B1-%D8%AA%D9%86%D8%B8%D9%8A%D9%85%D9%8A-%D8%B9%D8%A7%D9%84%D9%85%D9%8A\/\">General Real Estate Authority<\/a><\/li>\n<\/ul>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"What_is_real_estate_tokenization\"><\/span>What is real estate tokenization?<span class=\"ez-toc-section-end\"><\/span><\/h3>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tReal estate tokenization is a digital investment model that converts physical properties into digital units representing economic participation under regulated structures.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Does_real_estate_tokenization_allow_foreigners_to_own_property_in_Makkah_and_Madinah\"><\/span>Does real estate tokenization allow foreigners to own property in Makkah and Madinah?<span class=\"ez-toc-section-end\"><\/span><\/h3>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tTokenization does not grant direct title ownership. It enables regulated investment participation that complies with Saudi ownership laws.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t        <section class=\"sc_fs_faq sc_card \">\n            <div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Is_real_estate_tokenization_legal_in_Saudi_Arabia\"><\/span>Is real estate tokenization legal in Saudi Arabia?<span class=\"ez-toc-section-end\"><\/span><\/h3>                <div>\n\t\t\t\t\t                    <p>\n\t\t\t\t\t\tYes. When implemented under approved platforms and regulatory oversight, real estate tokenization operates within Saudi legal frameworks.                    <\/p>\n                <\/div>\n            <\/div>\n        <\/section>\n\t\t\n<script type=\"application\/ld+json\">\n    {\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is real estate tokenization?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Real estate tokenization is a digital investment model that converts physical properties into digital units representing economic participation under regulated structures.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Does real estate tokenization allow foreigners to own property in Makkah and Madinah?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Tokenization does not grant direct title ownership. It enables regulated investment participation that complies with Saudi ownership laws.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Is real estate tokenization legal in Saudi Arabia?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Yes. When implemented under approved platforms and regulatory oversight, real estate tokenization operates within Saudi legal frameworks.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t    ]\n}\n<\/script>\n\n","protected":false},"excerpt":{"rendered":"<p>Real estate tokenization and foreign ownership rules in Makkah and Madinah<\/p>\n","protected":false},"author":1,"featured_media":8115,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[101],"tags":[],"class_list":["post-8021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saudi-investment-regulations-laws-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Real Estate Tokenization &amp; Foreign Ownership in Makka &amp;Madinah - \u0647\u0627\u0628\u064a\u062a\u0631 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