Real Estate Market in Saudi Arabia is Segmented by Residential Estate (Apartments, Villas) and Commercial Real Estate (Offices, Retail, Hospitality, Others). The Report Offers Market Size and Forecasts for the Real Estate Market in Saudi Arabia in Value (USD) for the Above Segments.

The Saudi Arabia Residential Real Estate Market Report is Segmented by Business Model (Sales and Rental), by Property Type (Apartments & Condominiums and Villas & Landed Houses), by Price Band (Affordable, Mid-Market, and Luxury), by Mode of Sale (Primary (New-Build), and Secondary (Existing-Home Resale)), and by City (Riyadh, Jeddah, DMA and the Rest of Saudi Arabia). The Market Forecasts are Provided in Terms of Value (USD).

The forecasted value of the real estate industry in Saudi Arabia for the year 2019 was about ***** billion U.S. dollars. The construction market was undergoing a comeback after a period of economic volatility that followed the collapse of the Dubai real estate market.

Housing Index in Saudi Arabia decreased to 103.90 points in the third quarter of 2025 from 105 points in the second quarter of 2025. This dataset provides - Saudi Arabia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the KSA Real Estate Market reached a value of USD 123.9 million, and it is projected to surge to USD 212.3 billion by 2030.

The Saudi Arabian real estate market, valued at $69.51 billion in 2025, is experiencing robust growth, projected to expand at a compound annual growth rate (CAGR) of 8% from 2025 to 2033. This expansion is fueled by several key drivers. Government initiatives like Vision 2030, aimed at diversifying the economy and improving infrastructure, are significantly boosting investment in both residential and commercial properties. A burgeoning population and rising urbanization are increasing demand, particularly for apartments and villas in residential sectors and offices, retail spaces, and hospitality venues in commercial sectors. Furthermore, increased foreign investment and a favorable regulatory environment are attracting both domestic and international players, contributing to market dynamism. However, challenges remain. While material costs and fluctuating interest rates can influence market stability, the overall growth trajectory remains positive, driven by the long-term vision and strategic economic diversification plans of the Saudi Arabian government. The market segmentation reveals a strong presence in both residential and commercial sectors. Residential real estate, encompassing apartments and villas, constitutes a significant portion of the market, driven by the increasing population and government initiatives focused on affordable housing solutions. Commercial real estate, including offices, retail spaces, hospitality, and other sectors, is witnessing growth due to expansion in various industries and increased tourism. Key players like Emaar, Jabal Omar, and Sedco Development are actively shaping the market landscape, alongside international firms such as JLL and Century 21. The competitive landscape is dynamic, with both established players and new entrants vying for market share, further fueling innovation and competition in the sector. The forecast period suggests continued growth, albeit with potential fluctuations influenced by global economic conditions and local regulatory adjustments. Recent developments include: May 2023, The National Security Services Company (SAFE), which leads the transformation of the local security services sector, has signed an acquisition agreement to acquire ABANA Enterprises Group Company's assets connected to the transit of cash and valuable goods. ABANA Enterprises Group Company is at the forefront of providing such services in the Kingdom. The acquisition of ABANA Enterprises Group Company's assets connected to the transit of cash and valuable goods will help SAFE achieve its primary goal of providing the most advanced security solutions and services for customers., July 2022, SEDCO Capital REIT Fund's board has approved acquiring two income-generating real estate assets worth SR700 million (USD 187 million), located in Riyadh and Jeddah. This acquisition will be covered by new units and by using banking facilities in accordance with the Fund's terms and conditions, according to a bourse filing. The Fund expects that this acquisition will positively impact its overall performance, as it seeks to add value to its portfolio, as well as its unitholders.. Key drivers for this market are: 4., Growth in Commercial Activities and Increased Competition4.; Increasing Demand for Affordable Housing Units. Potential restraints include: 4., Growth in Commercial Activities and Increased Competition4.; Increasing Demand for Affordable Housing Units. Notable trends are: The Residential Sector Sustains Country's Real Estate Market.

The Saudi Arabia Office Real Estate Market Report is Segmented by Building Grade (Grade A, Grade B, Grade C), by Transaction Type (Rental, Sales), by End Use (IT & ITES, BFSI, Business Consulting & Professional Services, Other Services), and by City (Riyadh, Jeddah, DMA, Rest of Saudi Arabia). The Market Forecasts are Provided in Terms of Value (USD).

Saudi Arabia commercial real estate market hit USD 71.4 Bn in 2024. Projected to reach USD 91.87 Bn by 2032, growing at a 4.1% CAGR. Get the latest insights and forecast data.

Saudi Arabia Real Estate and Housing Market valued at USD 70 Bn, driven by Vision 2030, urbanization, and mega-projects like NEOM. Key cities: Riyadh, Jeddah, Dammam.

USD 16.44 Billion in 2024; projected USD 28.77 Billion by 2033; CAGR 6.41%.

Discover the booming Saudi Arabia luxury residential real estate market! With a projected market size of $14.63B in 2025 and a 6% CAGR, this report analyzes key trends, drivers, and top players shaping this lucrative sector. Explore investment opportunities in Riyadh, Jeddah, and Dammam. Recent developments include: May 2023: Sedco Development has partnered with Hamad M.AlMousa Real Estate Co. to develop a new 1.9 million square meter land development in Al-Qadisiyah, Riyadh. The project is part of SEDCO'S real estate strategy to make Riyadh a key business, commercial, and residential hub., April 2023: Dar Al Arkan, one of Saudi Arabia's largest real estate developers, has launched a new residential project in Riyadh called "Ai Masyuf." The project will offer various housing options, including villas, townships, and apartments.. Key drivers for this market are: 4., Rising Disposable Incomes4.; Government Initiatives4.; Growing Expatriate Population. Potential restraints include: 4., Rising Disposable Incomes4.; Government Initiatives4.; Growing Expatriate Population. Notable trends are: Demand for Apartments remains High due to Cultural Preferences in Saudi Arabia.

Saudi Arabia Residential Real Estate comes with extensive industry analysis of development components, patterns, flows, and sizes. The report calculates present and past market values to forecast potential market management during the forecast period between 2025 - 2033.

The real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Saudi Arabia was modeled to stand at ************* U.S. dollars in 2024. Between 2017 and 2024, the real estate transaction value rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The real estate transaction value will steadily rise by *********** U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Residential Real Estate Transactions.

Explore the Saudi Arabia Real Estate Market trends, size, share, growth, outlook, and forecast. Get industry analysis, demand insights, and future projections.

The Saudi Arabia Real Estate Market exhibits remarkable growth potential, fueled by increasing urbanization and the rapid modernization initiatives under Vision 2030 across the country. Significant technological advancements in construction methodologies and smart building technologies are creating substantial opportunities for market development. The growing awareness among investors about the benefits of Saudi Arabian real estate and considerable investments in infrastructure development projects are fundamentally transforming the property landscape. This is likely to enable the market size to surpass USD 69.50 Billion valued in 2024 to reach a valuation of around USD 127.64 Billion by 2032.The rapid expansion of the Saudi Arabia Real Estate Market is primarily driven by the implementation of Vision 2030 initiatives, which have been supported by regulatory reforms, foreign investment inflows and diversification efforts away from oil dependency. This enables the market to grow at a CAGR of 7.90% from 2026 to 2032.

The Saudi Arabia Commercial Real Estate Market is Segmented by Property Type (Office, Retail, Logistics, and More), by Business Model (Sales and Rental), by End User (Individuals / Households, Corporates and SMEs and More), and by Region (Riyadh, Jeddah, Makkah and Rest of Saudi Arabia). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

Saudi Arabia, Turkey, and UAE were the largest commercial real estate markets in the Middle East and Africa (MEA) region in 2024. As of the last month of 2024, the value of commercial real estate in Saudi Arabia was estimated at ****** billion U.S. dollars. In Turkey, this figure stood at ****** billion U.S. dollars.

Explore the dynamic GCC Real Estate Market with a projected USD 13.39 billion size by 2025, driven by a 9.63% CAGR, infrastructure boom, and economic diversification. Discover key trends, growth drivers, and regional insights for this expanding market. Key drivers for this market are: Increasing Demand of prefabricated Housing in GCC, Government Initiatives Driving the Construction. Potential restraints include: Low construction tolerance, supplier dependance and expensive development. Notable trends are: Rising Demand for Single Family Type in the Region Fuelling the Market Demand.

The Saudi Arabia Luxury Residential Real Estate Market Report is Segmented by Business Model (Sales and Rental), by Property Type (Apartments & Condominiums and Villas & Landed Houses), by Mode of Sale (Primary New-Build and Secondary Existing-Home Resale), and by City (Riyadh, Jeddah, DMA and the Rest of Saudi Arabia). The Market Forecasts are Provided in Terms of Value (USD).

The Saudi Arabia Residential Real Estate Market size was valued at USD 69.8 Billion in 2024 and is anticipated to reach USD 98.4 Billion by 2032, growing at a CAGR of 4.7% from 2026 to 2032.

Key Market Drivers:

Sakani Program: The Sakani program has provided housing solutions and financing options to over 1.2 million families, facilitating access to affordable housing and stimulating market activity. Economic Diversification: The focus on diversifying the economy beyond oil is leading to increased investments in infrastructure projects, enhancing connectivity and boosting property values in residential areas. Increased GDP Contribution: The real estate sector's contribution to Saudi Arabia's GDP reached 5.9% in the fourth quarter of 2023, highlighting its importance as a driver of economic growth and stability in the residential market.