Saudi Arabia

With a young demographic on the horizon, our residential market survey highlights a clear opportunity for developers to provide new housing that appeals to a more millennial-friendly budget.

Besides the Saudi Kingdom, Dubai has emerged as the preferred destination for Saudi high-net-worth-individuals to buy a home in according to our annual Saudi Arabia survey.

Annual 2022 Saudi Residential Survey shows high demand for NEOM amongst homeowners, first-time buyers and high-net-worth-individuals.

Warehousing demand, fuelled by e-commerce sector, has seen SAR 20.5bn investment in the last 12 months.

The number of residential mortgages issued in H1 is up ten times on H1 2016, whilst prime office rents in Riyadh recover to pre-Covid levels and foreign business investment licenses hit a record…

Saudi Arabia’s Vision 2030 has resulted in close to US$1 trillion of real estate and infrastructure projects being announced across Saudi Arabia since 2016.

Retail rents remain under pressure across the Kingdom and Grade A offices in Riyadh see rental increases.

At a glance: 25,700 mortgage contracts issued in April across The Kingdom 38,285 mortgages issued for purchasing villas and townhouses in Q1; the highest level in at least five years SAR 48…