SPV
منشأة ذات أغراض خاصةA company created for one defined purpose, such as holding a single asset. Under CMA rules a licensed SPV can hold real estate, including in Makkah and Madinah. Funds and institutions use SPVs, and a family buying a home will not normally meet one.
Also called special purpose vehicle · Updated 22 January 2026
Looking this up because you mean to buy? Your next question is Where can I buy?
Where you meet it
- Ownership and usufruct in a zoneWhere foreigners can buy in Makkah and Madinah
Related words
- CMA
- The Capital Market Authority, Saudi Arabia’s securities regulator.
Sources
REGA — law text · 25 Jul 2025
Tadawul-listed companies, licensed funds and SPVs may own real estate Kingdom-wide including Makkah and Madinah under CMA rules (Law Art. 4).
Where each fact above comes from, with the source’s own date where it gives one.