Qiddiya — Real Estate Investment for Foreigners (2026)

Qiddiya is Saudi Arabia's entertainment mega-city near Riyadh. Six Flags opened December 2025. Here's what foreign property investors need to know.

Non-Resident · Key points for your situation

› Power of attorney required if you can't attend the notary in person

› Saudi bank mortgages not available to non-residents — plan for a cash purchase

› Verify the property is within a REGA-designated zone before proceeding

› Budget 7–10% above the purchase price for total transaction costs

Iqama Holder · Key points for your situation

› Your Iqama is accepted across all government systems — Absher, REGA, Ministry of Justice

› Attend the notary in person — no power of attorney needed

› Mortgage may be available from select Saudi banks — typically up to 70% LTV

› Ensure your Iqama has at least 12 months validity before starting

What Is Qiddiya?

Qiddiya is an entertainment, sports, and arts city being developed 45km west of Riyadh. Backed by Saudi Arabia’s Public Investment Fund (PIF), it is one of the largest entertainment developments in the world.

What Is Open Right Now (April 2026)

Venue	Status	Notes
Six Flags Qiddiya City	Open (Dec 31, 2025)	First Six Flags in Asia. Includes Falcons Flight — world’s tallest, fastest, longest roller coaster
Aquarabia Water Park	Opening April 2026	Largest water park in the Middle East, 25 hectares, 22 rides
Public golf course (Nick Faldo design)	Opening 2026	—
Speed Park F1 Circuit	Planned 2027	FIA Grade 1, $1.9B budget
Prince Mohammed bin Salman Stadium	Groundbreaking 2026, open 2029	$1.1B, cliff-top, retractable roof

Property Investment Angle

Qiddiya itself has no significant public residential sales. The investment case is indirect:

The Riyadh western corridor effect: Land and property values in western Riyadh — particularly areas along the King Fahd Road and Highway 40 toward Qiddiya — have appreciated as the project has progressed. This is where the property play actually is for most buyers.

When residential sales may come: Qiddiya is projected to house 600,000 residents when fully complete. Residential releases are likely to come in later development phases, probably post-2027.

What to Watch

Official residential announcements at qiddiya.com
Western Riyadh land values — an indirect proxy for Qiddiya momentum
The F1 circuit opening (2027) will be a significant catalyst for the area

Related: Riyadh city guide → · NEOM → · Diriyah →

Frequently Asked Questions

Can foreigners buy property in Qiddiya? +

Qiddiya is primarily an entertainment and sports destination rather than a residential real estate development. No significant residential property sales to the general public have been announced. The investment case for property buyers is the Riyadh proximity effect — western Riyadh land values near Qiddiya have risen as the project has progressed.

Is Qiddiya open yet? +

Partially. Six Flags Qiddiya City opened on December 31, 2025 — it is operational. Aquarabia, the Middle East's largest water park, is opening in April 2026. The F1 circuit is planned for 2027 and the MBS Stadium for 2029.

How far is Qiddiya from central Riyadh? +

Qiddiya is located approximately 45km west of central Riyadh, near Al Kafriyah. Travel time from central Riyadh is roughly 30–40 minutes by car. Future transit connections are planned but not yet operational.

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