Saudi Arabia Real Estate Market Expected to Rise to USD 132.65 Billion by 2033 | With a 7.0% CAGR

Saudi Arabia Real Estate Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 7.0% (2025-2033)

The Saudi Arabia real estate market is expanding steadily due to urbanization, government infrastructure initiatives, and a surge in commercial and residential developments. The Saudi Arabia real estate market size was valued at USD 72.11 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 132.65 Billion by 2033, exhibiting a CAGR of 7.0% during 2025-2033.

Grab a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-real-estate-market/requestsample

Saudi Arabia Real Estate Industry Trends and Drivers:

Vision 2030 and fast urban growth are driving the Saudi Arabia Real Estate Market. There's a growing demand for residential, commercial, and hospitality properties. Residential projects in Riyadh and Jeddah target affordable housing and luxury villas. They meet the needs of a growing population and many expatriates. Saudi Arabia's real estate market supports smart city projects. NEOM and Qiddiya focus on sustainable designs and modern infrastructure. Digital platforms streamline property transactions, offering virtual tours and blockchain-based contracts for transparency. Regulatory reforms make it easier for foreigners to own properties. This attracts global investors. Also, green building standards encourage energy-efficient projects. Urban centers focus on mixed-use complexes that combine retail and office spaces. In contrast, rural areas experience slower growth.

Saudi Arabia's real estate market is driven by commercial growth and tourism goals. Hospitality projects are expanding to help meet Vision 2030's target of 150 million visitors. Retail and office spaces are changing with smart technologies. IoT-enabled facilities improve tenant experiences. Saudi Arabia's real estate market is seeing a rise in demand for eco-friendly materials and renewable energy. This trend aligns with the country's sustainability goals. E-commerce and digital marketing boost property visibility. Online platforms provide investment chances for both local and global buyers. Regulatory scrutiny ensures compliance, though financing competition with giga-projects strains developers. Cultural likes for roomy homes shape how houses are built. At the same time, businesses follow global design trends. Challenges include construction material price volatility and skilled labor shortages, requiring strategic solutions.

Buy Full Report: https://www.imarcgroup.com/checkout?id=16117&method=1315

Saudi Arabia Real Estate Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Property Type:

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

Breakup by Region:

● Northern and Central Region
● Western Region
● Eastern Region
● Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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

Key highlights of the Report:

● Market Performance (2019-2024)
● Market Outlook (2025-2033)
● COVID-19 Impact on the Market
● Porter's Five Forces Analysis
● Strategic Recommendations
● Historical, Current and Future Market Trends
● Market Drivers and Success Factors
● SWOT Analysis
● Structure of the Market
● Value Chain Analysis
● Comprehensive Mapping of the Competitive Landscape

Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=16117&flag=C

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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: +1-631-791-1145

This release was published on openPR.