Key Insights
The Saudi Arabian real estate market, valued at $64.43 billion in 2023, is projected for significant expansion, with a Compound Annual Growth Rate (CAGR) of 7.89% from 2023 to 2033. This growth is propelled by substantial government investments, notably under Vision 2030, aimed at economic diversification and improved quality of life, stimulating robust demand. A growing population and an expanding middle class are further driving the need for residential and commercial properties across major urban centers like Riyadh, Jeddah, and Makkah. Increased foreign investment, attracted by favorable business reforms and Saudi Arabia's strategic location, also contributes to market dynamism. The market is segmented across office, retail, industrial, logistics, multi-family residential, and hospitality sectors. Key contributors include Abdul Latif Jameel, Al Saedan Real Estate, Century 21 Saudi Arabia, JLL Riyadh, and Jabal Omar.
Saudi Real Estate Industry Market Size (In Billion)
Despite a positive long-term outlook, the market contends with challenges such as oil price volatility impacting investor sentiment, and high construction material costs. Regulatory complexities and administrative delays can also affect development timelines. Nevertheless, consistent government backing, strategic urban planning, and increasing housing demand are expected to sustain market growth. Opportunities exist for specialized companies to capitalize on niche segments, fostering a competitive landscape for both established entities and emerging businesses. The ongoing execution of Vision 2030 initiatives and associated infrastructure development are poised to effectively address market restraints and ensure sustained expansion.
Saudi Real Estate Industry Company Market Share
Saudi Real Estate Industry Report: 2019-2033
This comprehensive report provides an in-depth analysis of the Saudi Arabian real estate market, offering valuable insights for investors, developers, and industry stakeholders. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report meticulously examines market dynamics, trends, leading players, and future opportunities within this rapidly evolving sector. Leveraging data from the historical period (2019-2024) and incorporating the latest industry developments, this report provides actionable intelligence to navigate the complexities of the Saudi real estate landscape. Keywords: Saudi Arabia Real Estate, Real Estate Market Saudi Arabia, Saudi Real Estate Investment, Saudi Real Estate Development, Riyadh Real Estate, Jeddah Real Estate, Makkah Real Estate.
Saudi Real Estate Industry Market Dynamics & Concentration
The Saudi Arabian real estate market exhibits a dynamic interplay of concentration, innovation, regulation, and market forces. While precise market share figures for individual players remain partially undisclosed, a fragmented yet consolidating landscape is evident. Larger developers like SEDCO Development (3) and Jabal Omar (5) hold significant positions, alongside international players like JLL Riyadh (4). However, numerous smaller firms, brokerage houses, and startups contribute to the overall market volume.
The last five years have shown a modest increase in M&A activity (xx deals annually on average). Innovation is driven by government initiatives promoting sustainable development and smart city projects. The regulatory framework, including building codes and land ownership laws, influences market behavior. Product substitutes are limited, with the primary competition residing in alternative investment options. End-user trends reflect a growing preference for sustainable, technologically integrated properties, particularly in key cities like Riyadh and Jeddah. Government policies aiming for diversification away from oil have significantly impacted end-user demand, particularly in the commercial and residential sectors.
Saudi Real Estate Industry Industry Trends & Analysis
The Saudi Arabian real estate market is experiencing robust growth, fueled by Vision 2030's ambitious infrastructure development plans and increasing urbanization. The market has shown a Compound Annual Growth Rate (CAGR) of xx% during the historical period and is projected to maintain a CAGR of xx% during the forecast period (2025-2033). Market penetration by international players is steadily rising, spurred by the influx of foreign investment and increased tourism in major pilgrimage cities.
Technological advancements, such as the adoption of Building Information Modeling (BIM) and PropTech solutions, are disrupting traditional practices. Consumer preferences are shifting towards modern, eco-friendly designs with enhanced amenities, while competitive dynamics are intensifying as more developers enter the market. This growth is particularly observable in the residential sector, driven by a burgeoning population and a government push for affordable housing initiatives. The hospitality segment also benefits from significant tourism growth, particularly around religious pilgrimage sites. The industrial sector enjoys support from massive investments in logistics and infrastructure projects.
Leading Markets & Segments in Saudi Real Estate Industry
Dominant Regions/Cities: Riyadh remains the leading market due to its status as the capital and central business hub. Jeddah, a significant port city, and Makkah, a major pilgrimage center, follow closely, driving the hospitality and retail sectors.
Dominant Segments (By Type):
- Residential (Multi-family): This segment accounts for the largest share of the market, driven by population growth and government housing schemes.
- Commercial (Offices & Retail): These sectors witness substantial growth due to increased business activity and investments.
- Hospitality: The hospitality sector is flourishing due to increased tourism and religious pilgrimages, significantly boosted by events like the Formula 1 Grand Prix in Jeddah.
Key Drivers:
- Government Policies: Vision 2030's initiatives, infrastructure investments, and regulatory reforms significantly impact market growth.
- Economic Diversification: Efforts to move beyond oil dependency propel investments in various real estate sectors.
- Infrastructure Development: Extensive road networks, airport expansions, and improved public transportation improve connectivity and market access.
Saudi Real Estate Industry Product Developments
The Saudi Arabian real estate industry is witnessing a surge in innovative product offerings, with a strong emphasis on sustainable and smart building technologies. Developers are increasingly incorporating energy-efficient materials, renewable energy sources, and smart home automation systems into new projects. This aligns with the government's focus on sustainable development and contributes to enhanced property values and reduced operational costs, while maintaining a competitive edge in a market increasingly sensitive to environmental concerns and technological advancements.
Key Drivers of Saudi Real Estate Industry Growth
Several factors propel growth in the Saudi real estate sector: Vision 2030's ambitious infrastructure projects, such as Neom and The Red Sea Project, generate substantial demand. Increased foreign investment, fueled by economic diversification efforts, boosts market activity. Government incentives and regulatory reforms, streamlining land acquisition and construction processes, further stimulate development. Finally, a burgeoning population necessitates the expansion of housing and related infrastructure.
Challenges in the Saudi Real Estate Industry Market
The Saudi real estate sector faces several headwinds. The availability of skilled labor remains a constraint, influencing project timelines and costs. Fluctuations in global oil prices impact investor sentiment and overall market confidence. Moreover, stringent regulatory processes for project approvals can sometimes slow down development. Lastly, securing financing for large-scale projects can prove challenging for smaller players.
Emerging Opportunities in Saudi Real Estate Industry
The future holds considerable promise for the Saudi real estate industry. The expansion of smart city projects presents ample opportunities for technology integration and sustainable development. Increased tourism, particularly religious tourism, fuels demand for hospitality properties. Strategic partnerships between domestic and international companies bring expertise and funding. The government's continued commitment to infrastructure and housing projects secures the sector's long-term outlook.
Leading Players in the Saudi Real Estate Industry Sector
- 5 Abdul Latif Jameel
- 1 Al Saedan Real Estate
- 2 Century 21 Saudi Arabia
- 4 JLL Riyadh
- 5 Jabal Omar
- 5 360 Realtors LLP Riyadh
- 4 Nai Saudi Arabia
- 2 Kingdom Holding Company
- 3 Other Companies (Real Estate Brokerage Firms Startups Associations etc )
- 3 SEDCO Development
- 6 Saudi Real Estate Company
- Dar Ar Alkan
Key Milestones in Saudi Real Estate Industry Industry
May 2023: Rotana's partnership with Memar Development & Investment signals growth in the hospitality sector, adding five new properties and demonstrating confidence in the Saudi market. Rotana's existing presence (73 hotels, 6 million guests annually) underlines market strength.
October 2022: ROSHN's MOU with Esri showcases technological adoption and sustainable planning in large-scale development, aiming to create 200 million square meters of sustainable neighborhoods. This reflects a commitment to innovative project management and environmental responsibility within the industry.
Strategic Outlook for Saudi Real Estate Industry Market
The Saudi Arabian real estate market is poised for sustained growth, driven by strong government support, infrastructure development, and rising population. Strategic partnerships, technological adoption, and diversification beyond oil will shape the future landscape. Opportunities abound in sustainable development, smart city initiatives, and the hospitality sector. Addressing challenges related to labor and financing will be crucial for achieving the sector's full potential.
Saudi Real Estate Industry Segmentation
-
1. Type
- 1.1. Offices
- 1.2. Retail
- 1.3. Industrial
- 1.4. Logistics
- 1.5. Multi-family
- 1.6. Hospitality
-
2. Key Cities
- 2.1. Riyadh
- 2.2. Jeddah
- 2.3. Makkah
Saudi Real Estate Industry Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
Saudi Real Estate Industry Regional Market Share
Geographic Coverage of Saudi Real Estate Industry
Saudi Real Estate Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 7.89% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Spending on the Commercial Construction; Increasing Demand for Commercial Spaces Due to Increasing E-commerce
- 3.3. Market Restrains
- 3.3.1. Work-from-home Model; Materials and Labor Shortages
- 3.4. Market Trends
- 3.4.1. Rise in the retail sector in Riyadh driving the market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Saudi Real Estate Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Offices
- 5.1.2. Retail
- 5.1.3. Industrial
- 5.1.4. Logistics
- 5.1.5. Multi-family
- 5.1.6. Hospitality
- 5.2. Market Analysis, Insights and Forecast - by Key Cities
- 5.2.1. Riyadh
- 5.2.2. Jeddah
- 5.2.3. Makkah
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America Saudi Real Estate Industry Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Offices
- 6.1.2. Retail
- 6.1.3. Industrial
- 6.1.4. Logistics
- 6.1.5. Multi-family
- 6.1.6. Hospitality
- 6.2. Market Analysis, Insights and Forecast - by Key Cities
- 6.2.1. Riyadh
- 6.2.2. Jeddah
- 6.2.3. Makkah
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. South America Saudi Real Estate Industry Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Offices
- 7.1.2. Retail
- 7.1.3. Industrial
- 7.1.4. Logistics
- 7.1.5. Multi-family
- 7.1.6. Hospitality
- 7.2. Market Analysis, Insights and Forecast - by Key Cities
- 7.2.1. Riyadh
- 7.2.2. Jeddah
- 7.2.3. Makkah
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Europe Saudi Real Estate Industry Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Offices
- 8.1.2. Retail
- 8.1.3. Industrial
- 8.1.4. Logistics
- 8.1.5. Multi-family
- 8.1.6. Hospitality
- 8.2. Market Analysis, Insights and Forecast - by Key Cities
- 8.2.1. Riyadh
- 8.2.2. Jeddah
- 8.2.3. Makkah
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Middle East & Africa Saudi Real Estate Industry Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Offices
- 9.1.2. Retail
- 9.1.3. Industrial
- 9.1.4. Logistics
- 9.1.5. Multi-family
- 9.1.6. Hospitality
- 9.2. Market Analysis, Insights and Forecast - by Key Cities
- 9.2.1. Riyadh
- 9.2.2. Jeddah
- 9.2.3. Makkah
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Asia Pacific Saudi Real Estate Industry Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Offices
- 10.1.2. Retail
- 10.1.3. Industrial
- 10.1.4. Logistics
- 10.1.5. Multi-family
- 10.1.6. Hospitality
- 10.2. Market Analysis, Insights and Forecast - by Key Cities
- 10.2.1. Riyadh
- 10.2.2. Jeddah
- 10.2.3. Makkah
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 5 Abdul Latif Jameel
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Developers
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 1 Al Saedan Real Estate
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 2 Century 21 Saudi Arabia
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 1 JLL Riyadh
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 4 Jabal Omar
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 5 360 Realtors LLP Riyadh**List Not Exhaustive
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 4 Nai Saudi Arabia
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 2 Kingdom Holding Company
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Other Companies (Real Estate Brokerage Firms Startups Associations etc )
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 3 SEDCO Development
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 3 Saudi Real Estate Company
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 6 Dar Ar Alkan
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.1 5 Abdul Latif Jameel
List of Figures
- Figure 1: Global Saudi Real Estate Industry Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: North America Saudi Real Estate Industry Revenue (billion), by Type 2025 & 2033
- Figure 3: North America Saudi Real Estate Industry Revenue Share (%), by Type 2025 & 2033
- Figure 4: North America Saudi Real Estate Industry Revenue (billion), by Key Cities 2025 & 2033
- Figure 5: North America Saudi Real Estate Industry Revenue Share (%), by Key Cities 2025 & 2033
- Figure 6: North America Saudi Real Estate Industry Revenue (billion), by Country 2025 & 2033
- Figure 7: North America Saudi Real Estate Industry Revenue Share (%), by Country 2025 & 2033
- Figure 8: South America Saudi Real Estate Industry Revenue (billion), by Type 2025 & 2033
- Figure 9: South America Saudi Real Estate Industry Revenue Share (%), by Type 2025 & 2033
- Figure 10: South America Saudi Real Estate Industry Revenue (billion), by Key Cities 2025 & 2033
- Figure 11: South America Saudi Real Estate Industry Revenue Share (%), by Key Cities 2025 & 2033
- Figure 12: South America Saudi Real Estate Industry Revenue (billion), by Country 2025 & 2033
- Figure 13: South America Saudi Real Estate Industry Revenue Share (%), by Country 2025 & 2033
- Figure 14: Europe Saudi Real Estate Industry Revenue (billion), by Type 2025 & 2033
- Figure 15: Europe Saudi Real Estate Industry Revenue Share (%), by Type 2025 & 2033
- Figure 16: Europe Saudi Real Estate Industry Revenue (billion), by Key Cities 2025 & 2033
- Figure 17: Europe Saudi Real Estate Industry Revenue Share (%), by Key Cities 2025 & 2033
- Figure 18: Europe Saudi Real Estate Industry Revenue (billion), by Country 2025 & 2033
- Figure 19: Europe Saudi Real Estate Industry Revenue Share (%), by Country 2025 & 2033
- Figure 20: Middle East & Africa Saudi Real Estate Industry Revenue (billion), by Type 2025 & 2033
- Figure 21: Middle East & Africa Saudi Real Estate Industry Revenue Share (%), by Type 2025 & 2033
- Figure 22: Middle East & Africa Saudi Real Estate Industry Revenue (billion), by Key Cities 2025 & 2033
- Figure 23: Middle East & Africa Saudi Real Estate Industry Revenue Share (%), by Key Cities 2025 & 2033
- Figure 24: Middle East & Africa Saudi Real Estate Industry Revenue (billion), by Country 2025 & 2033
- Figure 25: Middle East & Africa Saudi Real Estate Industry Revenue Share (%), by Country 2025 & 2033
- Figure 26: Asia Pacific Saudi Real Estate Industry Revenue (billion), by Type 2025 & 2033
- Figure 27: Asia Pacific Saudi Real Estate Industry Revenue Share (%), by Type 2025 & 2033
- Figure 28: Asia Pacific Saudi Real Estate Industry Revenue (billion), by Key Cities 2025 & 2033
- Figure 29: Asia Pacific Saudi Real Estate Industry Revenue Share (%), by Key Cities 2025 & 2033
- Figure 30: Asia Pacific Saudi Real Estate Industry Revenue (billion), by Country 2025 & 2033
- Figure 31: Asia Pacific Saudi Real Estate Industry Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Saudi Real Estate Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 2: Global Saudi Real Estate Industry Revenue billion Forecast, by Key Cities 2020 & 2033
- Table 3: Global Saudi Real Estate Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Global Saudi Real Estate Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 5: Global Saudi Real Estate Industry Revenue billion Forecast, by Key Cities 2020 & 2033
- Table 6: Global Saudi Real Estate Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 7: United States Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 8: Canada Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 9: Mexico Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 10: Global Saudi Real Estate Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 11: Global Saudi Real Estate Industry Revenue billion Forecast, by Key Cities 2020 & 2033
- Table 12: Global Saudi Real Estate Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 13: Brazil Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 14: Argentina Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 15: Rest of South America Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 16: Global Saudi Real Estate Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 17: Global Saudi Real Estate Industry Revenue billion Forecast, by Key Cities 2020 & 2033
- Table 18: Global Saudi Real Estate Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 19: United Kingdom Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 20: Germany Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 21: France Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 22: Italy Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 23: Spain Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 24: Russia Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 25: Benelux Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 26: Nordics Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 27: Rest of Europe Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 28: Global Saudi Real Estate Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 29: Global Saudi Real Estate Industry Revenue billion Forecast, by Key Cities 2020 & 2033
- Table 30: Global Saudi Real Estate Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 31: Turkey Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 32: Israel Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 33: GCC Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 34: North Africa Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 35: South Africa Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 36: Rest of Middle East & Africa Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 37: Global Saudi Real Estate Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 38: Global Saudi Real Estate Industry Revenue billion Forecast, by Key Cities 2020 & 2033
- Table 39: Global Saudi Real Estate Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 40: China Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 41: India Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 42: Japan Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 43: South Korea Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 44: ASEAN Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 45: Oceania Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
- Table 46: Rest of Asia Pacific Saudi Real Estate Industry Revenue (billion) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Saudi Real Estate Industry?
The projected CAGR is approximately 7.89%.
2. Which companies are prominent players in the Saudi Real Estate Industry?
Key companies in the market include 5 Abdul Latif Jameel, Developers, 1 Al Saedan Real Estate, 2 Century 21 Saudi Arabia, 1 JLL Riyadh, 4 Jabal Omar, 5 360 Realtors LLP Riyadh**List Not Exhaustive, 4 Nai Saudi Arabia, 2 Kingdom Holding Company, Other Companies (Real Estate Brokerage Firms Startups Associations etc ), 3 SEDCO Development, 3 Saudi Real Estate Company, 6 Dar Ar Alkan.
3. What are the main segments of the Saudi Real Estate Industry?
The market segments include Type, Key Cities.
4. Can you provide details about the market size?
The market size is estimated to be USD 64.43 billion as of 2022.
5. What are some drivers contributing to market growth?
Increasing Spending on the Commercial Construction; Increasing Demand for Commercial Spaces Due to Increasing E-commerce.
6. What are the notable trends driving market growth?
Rise in the retail sector in Riyadh driving the market.
7. Are there any restraints impacting market growth?
Work-from-home Model; Materials and Labor Shortages.
8. Can you provide examples of recent developments in the market?
May 2023: Rotana, one of the leading hotel management companies, has signed four 'Edge by Rotana' and one 'Rayhaan by Rotana' properties in partnership with Memar Development & Investment at the Future Hospitality Summit 2023. Rotana currently operates 73 hotels in the Middle East, Africa, Eastern Europe and Turkiye, serving more than six million guests per year, including 10,012 keys across 36 hotels in the UAE alone.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Saudi Real Estate Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Saudi Real Estate Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Saudi Real Estate Industry?
To stay informed about further developments, trends, and reports in the Saudi Real Estate Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence