Tadawul
The Saudi stock exchange, also called the Saudi Exchange. Several of the master developers in Makkah and Madinah are listed on it, and listed companies and funds have their own route to owning property in the two cities under CMA rules. Buying their shares or units is one way to hold a stake in holy-city property without buying a home.
Also called Saudi Exchange · Updated 22 January 2026
Looking this up because you mean to buy? Your next question is Where can I buy?
Where you meet it
- Shares in listed developersInvesting in Makkah and Madinah without a unit
- MakkahProjects open to buyers from abroad
- The Makkah zonesWhere 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.