Board of Directors

In alignment with Saudi Vision 2030 and the leadership’s (may Allah protect them) commitment to prioritizing citizens, the Saudi Housing Guarantee Services Company “Damanat” recognizes its national duty to fulfill the Vision’s goals, especially in the housing sector. We strive to foster a sustainable housing environment that keeps pace with global progress.

Damanat’s vision centers on empowering a broader segment of citizens to acquire suitable housing. Our mission is driven by the benchmarks set by the National Housing Program, which aims to raise the rate of Saudi family homeownership to 70% by 2030. To achieve this, Damanat operates under a comprehensive strategy that enhances the efficiency of developing innovative financing solutions and products by providing guarantees to support the housing system. This includes expanding investment opportunities in the housing sector by attracting foreign investment and stimulating and supporting investment in real estate development.

Believing that investing in national talent is fundamental to success, Damanat is committed to fostering a motivating and attractive work environment that empowers national competencies and expertise to innovate and excel. We are all dedicated to serving as a bridge between investors and real estate investment opportunities by supporting partnerships and facilitating collaboration with local and regional entities. By leveraging global best practices, we strive to create a comprehensive and appealing investment climate, unlocking the full potential of economic growth in the housing sector and ensuring stability and prosperity for every Saudi citizen.