Executive Summary
Saudi Arabia’s real estate sector remained robust through 9M 2025, driven by urban migration, regulations, and strong corporate demand. Regulatory reforms such as Riyadh’s rental freeze and higher underdeveloped land tax have seen residential prices fall, resulting in increased transactions. The corporate and industrial segments saw strategic growth supported by the Regional HQ Program and sustained demand due to existing and upcoming project pipeline.
Based on our assessment of key macro factors impacting Saudi Arabia’s property market, we believe that the real estate sector in Saudi Arabia will continue to remain in an accelerating phase in H1 2026. Recovery in oil activity, moderated inflation and regulatory reforms support outlook for the sector.
