Terms of Service
Effective date: March 19, 2026 | Last updated: March 2026
By accessing or using sauditokenizedrealestate.com (“the Platform”), you agree to be bound by these Terms of Service (“Terms”). If you do not agree to these Terms, you must not access or use the Platform. This Platform is published and operated by The Vanderbilt Portfolio AG, a company organized under the laws of Switzerland (“we,” “us,” “the Publisher”). These Terms govern your use of all content, data, analysis, and services provided through the Platform, including our market intelligence, regulatory analysis, entity profiles, comparison tools, investment strategy guides, and glossary resources.
Nature of Content and No Investment Advice
All content published on this Platform is for informational and educational purposes only. Nothing on this Platform constitutes: investment advice or a recommendation to buy, sell, or hold any security, token, cryptocurrency, or real estate asset; legal advice regarding Saudi Arabian law, Capital Market Authority regulations, REGA requirements, or SAMA policies; tax advice regarding Saudi or international tax obligations related to tokenized real estate; an offer or solicitation to purchase or sell any financial instrument, including tokenized real estate securities; or a guarantee of any investment outcome, yield projection, or market forecast.
Our analysis of CMA securities tokenization rules, SAMA fintech licensing, foreign ownership rules, and other regulatory topics represents our interpretation of published regulatory materials and does not constitute legal counsel. Users should consult licensed Saudi legal, financial, and tax professionals before making investment decisions based on information found on this Platform.
Intellectual Property and Use of Data
All content published on this Platform — including text, data tables, analytical frameworks, proprietary scoring methodologies, market sizing estimates, and regulatory assessments — is the intellectual property of The Vanderbilt Portfolio AG and is protected by applicable copyright and intellectual property laws.
Permitted use: Personal, non-commercial use of Platform content is permitted with clear attribution to sauditokenizedrealestate.com. Brief quotations for the purpose of commentary, criticism, or academic research are permitted under fair use principles with proper citation. Academic institutions may reproduce limited extracts for non-commercial research purposes, provided full attribution and a link to the source page are included.
Prohibited use: You may not, without prior written authorization from the Publisher: reproduce, redistribute, or republish Platform content for commercial purposes; incorporate Platform data or analysis into competing products or services; use automated scraping tools, bots, or crawlers to extract content from the Platform (standard search engine indexing is permitted); remove or alter copyright notices, author attributions, or source citations; frame or mirror any portion of the Platform on another website; train machine learning models or artificial intelligence systems using Platform content without explicit written authorization; or create derivative works based on Platform methodology, scoring frameworks, or analytical structures.
Institutional licensing: Institutional data licensing for use in research reports, investment memoranda, pitch materials, or internal analysis is available. This includes licensed use of our Saudi RE tokenization market sizing models, regulatory readiness scores, mega-project tokenization potential assessments, and yield analysis frameworks. Contact info@sauditokenizedrealestate.com for licensing terms, pricing, and permitted use cases.
Attribution standards: When content is used under permitted personal use, attribution must include the full site name “Saudi Tokenized Real Estate (sauditokenizedrealestate.com)” and the specific page title. Attribution to “anonymous,” “industry analysis,” or similar non-specific sources is not compliant with these Terms.
Trademark: “Saudi Tokenized Real Estate” and The Vanderbilt Portfolio are protected commercial identifiers. Use of these names in any commercial context, domain name, or social media handle requires written authorization.
User Obligations
By using this Platform, you represent and warrant that: you are at least 18 years of age; your use of the Platform complies with all applicable laws and regulations in your jurisdiction, including any laws governing access to financial market data, investment research, and cross-border information services; you will not attempt to gain unauthorized access to any portion of the Platform or its underlying infrastructure; you will not interfere with or disrupt the Platform’s servers, networks, or security systems; and you will not use the Platform for any unlawful purpose, including market manipulation, insider trading, money laundering, or fraud.
Institutional users warrant additionally that: their use of Platform data and analysis complies with applicable securities laws in their jurisdiction; they maintain appropriate internal compliance processes for using third-party research; and they do not redistribute Platform content to clients or third parties beyond internal use without institutional licensing authorization.
The Publisher reserves the right to terminate access for any user who violates these obligations, without notice and without liability.
Data Accuracy Disclaimers — Saudi Real Estate Tokenization Data
Saudi real estate tokenization is an emerging market where data quality, completeness, and currency vary significantly across categories. The following specific disclaimers apply to data categories published on this Platform:
REGA regulatory framework data. REGA’s formal tokenization regulations are expected by approximately June 2026. Until formal regulations are published, our regulatory analysis is based on REGA PropTech sandbox framework documents, REGA press releases, and interpretive analysis of the existing CMA securities regulatory framework. Regulatory conclusions may change materially when formal regulations are published, and we commit to updating all affected content within 48 hours of formal publication. The nine currently approved sandbox platforms (Sahel, Jozo, Ghanem, Madak, Droub, Noula, Haseeltak, Gamma Assets, and Hustak) operate under temporary sandbox authorization — their regulatory status may change upon formal regulation.
CMA licensing and enforcement data. CMA licensing data (68 total FinTech Lab permits, 36 operational as of Q2 2025) is sourced from CMA official disclosures and may not reflect licenses granted or revoked after our most recent data refresh. CMA enforcement statistics (40% growth in enforcement actions over two years) reflect reported enforcement actions and may not capture all regulatory interventions. The CMA’s abolition of the QFI framework effective February 1, 2026, and the opening of Tadawul to all foreign investors without qualification requirements, are material regulatory changes that affect multiple sections of this Platform — all relevant pages have been updated, but users should verify current foreign investor access requirements directly with a licensed Saudi broker.
Saudi real estate market statistics. Market sizing data ($72.84 billion total real estate, 7.17% CAGR, $102.96 billion projected 2031) is sourced from Mordor Intelligence’s Saudi Arabia Real Estate Market report dated 2026. Transaction volume data (SAR 123.8 billion H1 2025) is sourced from Ministry of Justice registry data as published in market reports. These figures are subject to revision as more complete data becomes available and as market conditions evolve. The residential price index decline of -2.24% in Q4 2025 (year-on-year per GASTAT) represents a single quarter; users should review the market intelligence section for multi-period trend analysis before drawing conclusions.
Rental yield data. National average rental yields (6.84% Q1 2026), Riyadh average (8.89%), and Jeddah average (7.89%) are sourced from Global Property Guide. These figures represent market-level averages and mask significant variance across neighborhoods, property types, and quality tiers. Tokenized positions in specific properties may yield materially above or below these averages. Platform fees (typically 2-4% annually across GCC platforms) reduce net yields to investors and must be deducted from gross yield figures when comparing tokenized to direct ownership returns.
Blockchain and tokenization platform data. Platform-reported metrics — assets listed, total transaction volumes, investor counts — are self-reported by platforms and not independently audited by the Publisher. On-chain data sourced from blockchain analytics provides objective verification where available, but not all Saudi platform activity is on public blockchains. REGA’s SettleMint-based Real Estate Registry infrastructure operates as a permissioned blockchain; on-chain data from public analytics tools does not reflect Saudi national tokenization activity.
Forward-looking projections. All projections — including our $12-18 billion tokenizable real estate estimate within 36 months of CMA regulatory clarity, mega-project tokenization potential figures, and yield forecasts — are model outputs based on stated assumptions. Actual outcomes may differ materially from projections. The CMA sandbox does not guarantee that sandbox participants will receive permanent licensing, and regulatory delays could significantly affect the projected timeline for Saudi tokenized real estate market development.
Risk Disclosure
Saudi real estate tokenization is an emerging market that carries significant and evolving risks. By using this Platform, you acknowledge the following risk categories:
Regulatory risk. The CMA, REGA, and SAMA regulatory frameworks for tokenized real estate are still developing. Rules may change materially, potentially rendering existing tokenized offerings non-compliant or requiring restructuring. The CMA’s sandbox program does not guarantee that sandbox participants will receive permanent licensing.
Market risk. Saudi real estate prices are subject to fluctuation based on economic conditions, oil price movements, population growth rates, government spending decisions, and global capital flows. Vision 2030 targets referenced in our analysis are government aspirations, not guaranteed outcomes.
Technology risk. Blockchain platforms, smart contracts, and tokenization infrastructure may contain vulnerabilities, bugs, or design flaws that could result in loss of investment value, inability to transfer tokens, or incorrect distribution of rental income.
Liquidity risk. Tokenized real estate secondary markets in Saudi Arabia are nascent or non-existent. Investors may be unable to sell tokens at fair value or at all for extended periods.
Currency risk. The Saudi riyal is pegged to the US dollar at SAR 3.75 per USD. While this peg has been maintained since 1986, any future adjustment would directly impact the USD-denominated value of SAR-based tokenized real estate.
Counterparty risk. Tokenization platforms, custodians, property managers, and developers may fail to perform their obligations, experience financial distress, or lose regulatory authorization.
Foreign investment regulatory risk. The Law of Real Estate Ownership and Investment by Non-Saudis (effective January 22, 2026) introduced new provisions for foreign property ownership and investment in the Kingdom, including a disposal fee of up to 5% of transaction value for non-Saudi disposals and fines of up to SAR 10 million for violations. Foreign investors in tokenized Saudi real estate must ensure compliance with the updated law, restrictions on ownership in Makkah and Madinah, and applicable REGA reporting requirements.
Limitation of Liability
To the maximum extent permitted by applicable law, The Vanderbilt Portfolio AG, its directors, officers, employees, and affiliates shall not be liable for any direct, indirect, incidental, consequential, special, or exemplary damages arising from or related to: your use of or inability to use the Platform; investment decisions made based on Platform content; errors, inaccuracies, or omissions in published data or analysis; service interruptions, data loss, or security breaches; or actions of third parties referenced on the Platform, including regulatory bodies, developers, or tokenization platforms.
Our total aggregate liability for any claim arising from your use of the Platform shall not exceed the amount you paid to access the Platform (for free content users, this amount is zero).
Indemnification
You agree to indemnify, defend, and hold harmless The Vanderbilt Portfolio AG and its affiliates from any claims, damages, losses, or expenses (including reasonable legal fees) arising from your use of the Platform, your violation of these Terms, or your violation of any applicable law or regulation.
Privacy and Data Protection
Personal data collected through the Platform (subscription forms, institutional inquiry forms, and contact forms) is processed in accordance with our Privacy Policy. The Saudi Personal Data Protection Law (PDPL), which became fully enforceable on September 14, 2024, applies to the processing of personal data of Saudi residents. Where applicable, our data processing practices comply with PDPL requirements for consent, purpose limitation, and data subject rights.
Modifications to These Terms
We reserve the right to modify these Terms at any time. Material changes will be indicated by updating the “Last updated” date. Your continued use of the Platform after any modification constitutes acceptance of the revised Terms. If you do not agree to modified Terms, your sole remedy is to discontinue use of the Platform.
Governing Law and Dispute Resolution
These Terms are governed by the substantive laws of Switzerland, without regard to conflict of law principles. Any dispute, controversy, or claim arising out of or in connection with these Terms, or the breach, termination, or invalidity thereof, shall be resolved by arbitration in Zurich, Switzerland, administered by the International Chamber of Commerce (ICC) under its Arbitration Rules. The arbitration shall be conducted in English by a single arbitrator.
Severability
If any provision of these Terms is found to be unenforceable or invalid by a court of competent jurisdiction, that provision shall be limited or eliminated to the minimum extent necessary, and the remaining provisions shall continue in full force and effect.
Contact
For questions about these Terms, institutional licensing inquiries, or any other matters: info@sauditokenizedrealestate.com
See also our Privacy Policy, Research Methodology, and Contact page.
Updated March 2026