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| Title | Saudi Arabia Real Estate Market Report 2025 | Size, Trends, and Forecast 2025-2033 |
|---|---|
| Category | Business --> Business Services |
| Meta Keywords | Saudi Arabia Real Estate Market |
| Owner | Stanley |
| Description | |
| Saudi Arabia Real Estate Market Overview Market Size in 2024: USD 72.11 Billion Market Size in 2033: USD 132.65 Billion Market Growth Rate 2025-2033: 7.0% According to IMARC Group's latest research publication, "Saudi Arabia Real Estate Market Size, Share, Trends and Forecast by Property Type, and Region, 2025-2033", The Saudi Arabia real estate market size reached USD 72.11 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 132.65 Billion by 2033, exhibiting a growth rate (CAGR) of 7.0% during 2025-2033. Download a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-real-estate-market/requestsample How AI is Reshaping the Future of Saudi Arabia Real Estate Market
Saudi Arabia Real Estate Market Trends & Drivers: Vision 2030 is like the ultimate game-changer for Saudi Arabia's real estate scene, pumping billions into mega-projects that are drawing crowds and cash like never before. The Saudi Arabia real estate market outlook is strong, with the market clocking in at around $75 billion in transactions right now, and non-oil growth hitting 5.8% thanks to smart infrastructure pushes that make cities more livable and investor-friendly. Take NEOM and Qiddiya—they're not just buzzwords; they're creating jobs for thousands and sparking demand for everything from luxury condos to family homes. The Sakani program has already hooked up over 96,000 families with affordable options, while Jeddah's fresh batch of 29 projects across sectors shows how this blueprint is turning empty plots into thriving hubs. It's exciting to watch how these moves are blending bold ambition with real community vibes, making property a smart bet for locals and outsiders alike. Foreign investment is flooding in, supercharged by rules that let outsiders own property outright in most spots, and it's reshaping the skyline from Riyadh to the Red Sea coast. Bank lending for real estate just topped $827 billion, mostly corporate deals that are fueling everything from office towers to beachfront resorts. With expats pouring in—think a 3.3% population bump—places like Dammam are buzzing with new builds that cater to global pros. Companies like Emaar are teaming up on mixed-use spots that mix work, play, and stay, while the undeveloped land tax hike to 10% is nudging speculators to actually develop, boosting supply without crashing prices. It's a win-win, where easier access means more diverse neighborhoods and steady returns that feel accessible, not out of reach. Affordable housing is the quiet hero here, tackling the crunch for young families and first-timers amid rapid urban sprawl that's got over 38% of folks city-bound. The government's Sakani and ROSHN initiatives are cranking out tens of thousands of units, like the 4,149 sustainable homes in Makkah's ALMANAR project that house 17,000 residents with eco-smart designs. Residential sales are soaring to SAR 118 billion, with villas snagging 53% of deals in hot spots like Riyadh, where new supply is lagging just enough to keep values climbing without the squeeze. This trend's all about balance—blending green tech with practical pricing to create communities that grow with people, not against them, and it's pulling in private players who see the long game in everyday living. Saudi Arabia Real Estate Industry Segmentation: The report has segmented the market into the following categories: Analysis by Property Type:
Regional Insights:
Competitive Landscape:
Recent News and Developments in Saudi Arabia Real Estate Market
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations. About Us: IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-201971-6302 | |