Saudi Arabia Real Estate Market Analysis Growth, Key Trends, Outlook & Industry Report 2025-2033

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.

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How AI is Reshaping the Future of Saudi Arabia Real Estate Market

• AI-driven property valuation models in Saudi Arabia deliver 35% faster, more accurate pricing insights, helping buyers and investors make confident decisions.
• The government supports AI adoption in real estate with over $500 million committed to data infrastructure and smart city projects under Vision 2030.
• AI-powered platforms streamline property search and virtual tours, reducing listing-to-sale times by 25%, enhancing user experience for buyers and renters.
• Leading developers use AI for predictive analytics, optimizing project planning and demand forecasting to better align supply with market needs.
• AI-enabled smart home integration in new developments increases property value and attracts tech-savvy buyers seeking convenience and energy efficiency.

Saudi Arabia Real Estate Market Trends & Drivers:

One big push for Saudi Arabia's real estate scene right now is the wave of massive government projects under Vision 2030, like the futuristic NEOM city and the luxurious Red Sea resorts. These aren't just blueprints—they're pulling in serious cash, with over $500 billion committed to infrastructure that blends cutting-edge tech with stunning landscapes. Take NEOM: it's already luring global architects and investors, creating thousands of construction jobs and spiking demand for nearby housing. The Public Investment Fund has poured in $100 billion just for these giga-developments, turning dusty plots into vibrant hubs. This isn't hype; it's reshaping skylines and making Riyadh and Jeddah hotspots for mixed-use towers that mix homes, shops, and offices, drawing families eager for that modern lifestyle upgrade.

Foreign buyers are flooding in thanks to smart tweaks in ownership rules, letting non-Saudis snag properties in key spots like the Eastern Province and coastal areas without jumping through endless hoops. We've seen a 40% jump in foreign real estate deals this year alone, fueled by the premium residency visa program that's handed out over 50,000 golden visas to investors. Companies like Emaar Properties are cashing in, launching beachfront villas in Jeddah that sold out in weeks, blending Arabian flair with resort vibes. It's not just the wealthy expats; mid-level pros are snapping up apartments, boosting secondary markets and stabilizing prices in oversubscribed neighborhoods. This openness is flipping the script from closed-off to welcome mat, supercharging liquidity and variety in what's on offer.

Sustainability is the hot trend stealing the show, with eco-friendly builds popping up everywhere from solar-powered villas in AlUla to green-certified office parks in the capital. Over 60% of new projects now chase LEED certification, driven by the Green Initiative that aims to plant 10 billion trees and cut emissions—real moves backed by $20 billion in funding. Dar Global's latest smart-home community in Diriyah uses AI for energy savings, cutting bills by 30% for residents and appealing to eco-conscious millennials making up 70% of the buyer pool. It's practical magic: these homes aren't just pretty; they're resilient against heatwaves, tying into a broader shift where buyers prioritize wellness over flash, keeping the market buzzing with innovative, future-proof options.

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Saudi Arabia Real Estate Industry Segmentation:

The report has segmented the market into the following categories:

Analysis by Property Type:

• Residential Real Estate
• Apartments
• Villas
• Others
• Commercial Real Estate
• Offices
• Retail
• Hospitality
• Others

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

• Abdul Latif Jameel
• Dar Ar Alkan
• Emaar
• Jabal Omar Development Company
• Jenan Real Estate Company
• Kingdom Holdings Company
• SEDCO Development (SEDCO Holding)

Recent News and Developments in Saudi Arabia Real Estate Market

• Oct 2025: Saudi Real Estate General Authority launches AI-powered platform, improving property registration speed by 40% and enhancing transaction transparency nationwide.
• Sep 2025: NEOM integrates smart building technologies using AI to optimize energy use, reducing operational costs by 25% in residential and commercial projects.
• Sep 2025: Government approves new regulations encouraging sustainable development, boosting green building certifications and driving demand for eco-friendly real estate solutions.

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.

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