As part of achieving the goals of Saudi Vision 2030, the real estate brokerage sector in the Kingdom of Saudi Arabia is witnessing a qualitative transformation in light of the reforms launched by the General Real Estate Authority, which aims to improve the quality of services, raise transparency, and enhance confidence in the real estate market.
Real estate brokerage sector in Saudi Arabia is undergoing a qualitative transformation.
Record growth in the volume of transactions and deals
The number of real estate brokerage contracts registered during the first quarter of 2025 reached more than 96 thousand contracts, an increase of 97% compared to the same period last year, while the volume of real estate transactions executed through brokers exceeded one trillion and 200 billion Saudi riyals, equivalent to 320 billion US dollars, through more than 8 million real estate transactions from mid-2023 until July 2025, as confirmed by an official report issued by The General Real Estate Authority.
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Stimulating regulatory environment and growing confidence
The Public Authority for Real Estate revealed, in its latest bulletin, that the number of new licenses issued in real estate brokerage and marketing activity reached about 7875 during the first quarter of this year, in addition to more than 105 thousand licenses for real estate advertisements, while the number of licensed real estate platforms increased to 71 platforms, as part of the Authority's efforts to regulate the sector through the new real estate brokerage system, which aims to ensure the commitment of brokers to standards of justice and transparency, and enhance market efficiency.
Promising sector and growing investments
The real estate brokerage market in Saudi Arabia reached US$8.609 billion in 2025 and is expected to grow to US$12.80 billion by 2030, at an annual growth rate of 6.8%, according to a report by Mordor Intelligence, which emphasized that digital technologies and smart platforms are the main pillar in the development of the market, by enabling brokers to manage deals and facilitate communication with local and international buyers and investors.
The Kingdom is seeking to transform the real estate market in the Kingdom of Saudi Arabia by transforming it into a promising sector and growing investments. The Kingdom seeks to transform the real estate brokerage profession from an individual activity to an integrated institutional system, through training and professional accreditation programs implemented by the General Authority for Real Estate, in order to contribute to achieving the goals of raising the rate of home ownership by citizens to 70% by 2030, as experts agree that the next stage will witness the expansion of institutional brokerage and the entry of specialized brands, which enhances competition and consolidates the position of the Saudi market as one of the most developed and regulated real estate markets in the region.
Digital technologies and smart platforms are a key factor in the development of the market.
