Riyadh Real Estate Program Wins Massive Award at Barcelona Smart City Expo

Global Recognition for Tawazoun

The Real Estate Balance Program (Tawazoun) just secured a massive international victory today. Supervised directly by the Royal Commission for Riyadh City (RCRC), the program won first prize at the prestigious World Smart City Awards 2026. They dominated the Infrastructure and Building Award category during the Smart City Expo World Congress in Barcelona, Spain. The Saudi initiative faced incredibly fierce competition, beating out 533 total entries from 68 different countries globally.

Solving Urban Housing

The massive win recognizes the program’s highly innovative urban solutions for the growing Saudi capital. Tawazoun successfully enhances the critical balance in Riyadh’s rapidly expanding real estate market. The program actively increases the supply of residential land to expand homeownership opportunities for local citizens. They are currently providing 40,000 highly sought-after residential land plots across the city. The RCRC is actively showcasing the capital’s successful experience in urban development, digital twin applications, and artificial intelligence at the massive European congress.

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