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Saudi Arabia Residential Real Estate Market to Reach USD 130.8 Billion by 2033 | Growing at a CAGR of 6.9%

02-18-2025 06:55 AM CET | Industry, Real Estate & Construction

Press release from: IMARC Group

Saudi Arabia Residential Real Estate Market to Reach USD 130.8

๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‘๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ข๐š๐ฅ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘

According to IMARC Group's report titled "๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‘๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ข๐š๐ฅ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž (๐‚๐จ๐ง๐๐จ๐ฆ๐ข๐ง๐ข๐ฎ๐ฆ๐ฌ ๐š๐ง๐ ๐€๐ฉ๐š๐ซ๐ญ๐ฆ๐ž๐ง๐ญ๐ฌ, ๐•๐ข๐ฅ๐ฅ๐š๐ฌ ๐š๐ง๐ ๐‹๐š๐ง๐๐ž๐ ๐‡๐จ๐ฎ๐ฌ๐ž๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘", the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

๐‡๐จ๐ฐ ๐๐ข๐  ๐ข๐ฌ ๐ญ๐ก๐ž ๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‘๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ข๐š๐ฅ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ?

The Saudi Arabia residential real estate market was valued at ๐”๐’๐ƒ ๐Ÿ•๐Ÿ.๐Ÿ– ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024 and is projected to grow to ๐”๐’๐ƒ ๐Ÿ๐Ÿ‘๐ŸŽ.๐Ÿ– ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2033, with an expected compound annual growth rate (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ”.๐Ÿ—% from 2025 to 2033.

๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‘๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ข๐š๐ฅ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The Saudi Arabia residential real estate market is under rapid transformation due to urbanization processes, a strong market growth driven by population increase, and a government plan to increase the rate of homeownership. In essence, the increasing population requires cost-effective and mid-scale accommodation for making it trendy for the young, offering facilities in the homes concerned. With such a rise in trends, the introduction of green and smart housing solutions is getting rapidly developed as an answer to the ever-changing customer needs, where the developers are including energy-efficient designs along with smart home technologies. Also, the advent of mixed-use developments and gated communities provides the citizens with an option of convenience, a high degree of security, and a hushed lifestyle.

In addition, with the involvement of regulations surrounding the enhancement of affordability and accessibility, the extended mortgage facilities are likely to spur investments both locally and abroad. Interestingly, even the luxury homes market is gaining momentum, with residences for the affluent ones sitting on the prime feeders of a large residential estate. Otherments, the effect of rising digital management of the real estate transactions include easier buying and rental processes, increased market transparency, and faster resolution. All said and done, post a positive economic outlook and continuous infrastructure development, the Saudi Arabia residential real estate market is set to open considerably wide avenues for growth, catering at one go to the broader interests of both buyers and investors while deciding the future of urbanization in this region.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/saudi-arabia-residential-real-estate-market/requestsample

๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‘๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ข๐š๐ฅ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The residential real estate sector in Saudi Arabia is just about to be redefined given the rise in population and urbanization complemented by vigorous government endeavours geared toward helping increase homeownership rates. This means that the demand for modern housing needs, which include affordable, mid-level, and luxury housing units, have now been thrust onto the spotlight as a function of rising disposable incomes, youthful, and ever-growing working populations. On the other hand, mega infrastructure projects alongside smart city developments are reinventing the fabric of society, together with both national and international investments. Favorable movement in mortgage policies and cash incentives would make homeownership more accessible, thus supporting market activity.

Sustainable and technology-enabled housing options are now making huge decisions in buying preferences, while energy-efficient homes and smart technology could be essential in differentiating home buying streams. Undoubtedly, viable sustenance in terms of expatriates flooding into the kingdom favours the real estate sector with quality rental properties and gated communities. Also, mixed-use and integrated lifestyle communities add to residential real estate charm and offer a wholesome response to changing consumer needs. Finally, with government support, an optimistic economic outlook, and investor confidence, the Saudi residential property sector remains an opportunity for developers, investors, and homebuyers willing to act and benefit from sustained growth and modernization within the sector.

๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‘๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ข๐š๐ฅ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Saudi Arabia residential real estate market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž:

โ€ข Condominiums and Apartments
โ€ข Villas and Landed Houses

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ€ข Northern and Central Region
โ€ข Western Region
โ€ข Eastern Region
โ€ข Southern Region

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐จ๐ซ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง: https://www.imarcgroup.com/request?type=report&id=13863&flag=C

๐Ž๐ญ๐ก๐ž๐ซ ๐ค๐ž๐ฒ ๐š๐ซ๐ž๐š๐ฌ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข COVID-19 Impact on the Market
โ€ข Porter's Five Forces Analysis
โ€ข Strategic Recommendations
โ€ข Market Dynamics
โ€ข Historical, Current and Future Market Trends
โ€ข Market Drivers and Success Factors
โ€ข SWOT Analysis
โ€ข Value Chain Analysis
โ€ข Comprehensive Mapping of the Competitive Landscape
โ€ข Top Winning Strategies
โ€ข Recent Industry News
โ€ข Key Technological Trends & Development

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ€ข ๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐“๐ข๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/saudi-arabia-tire-market/requestsample

โ€ข ๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/saudi-arabia-luxury-market/requestsample

โ€ข ๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐๐ž๐ญ ๐…๐จ๐จ๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/saudi-arabia-pet-food-market/requestsample

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐œ๐š๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

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.

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