Yes, as a non-Saudi investor you are permitted to acquire real estate in Saudi Arabia specifically for the purpose of practicing your licensed activity. Under Article 1 of the Law of Real Estate Ownership and Investment by Non-Saudis, this right applies to both individuals and corporate entities, provided you hold a valid license to conduct a professional, vocational, or economic activity in the Kingdom.
The key requirement is that the property must be necessary for your licensed activity — meaning it should directly serve your business operations, such as office space, a shop, a warehouse, or a facility tied to your work. You cannot use this provision to purchase investment properties or speculative real estate unrelated to your licensed trade.
Practically speaking, ensure your business license (issued by the Ministry of Investment or relevant authority) is current and clearly reflects the activity you intend to operate from the property. Keep documentation linking the property to your business purpose, as this may be required during the notarization process under Article 6.
This is general legal information, not legal advice. For advice on your specific situation, consult a lawyer licensed in Saudi Arabia.