These projects are one of the most important drivers of growth in the Saudi real estate market, with huge government and investment support, as well as extensive partnerships with the private sector.
Size of investments in residential suburban projects
According to the Ministry of Municipalities and Housing, as of last February, the volume of investments directed to the development of major residential suburbs amounted to about 140 billion riyals, which includes infrastructure works, designing modern neighborhoods, providing basic and recreational services, according to data from the Ministry of Municipalities and Housing, reflecting the magnitude of the urban transformation led by the ministry within the Saudi Vision 2030.These investments reflect the magnitude of the urban transformation led by the ministry as part of the Saudi Vision 2030.
Seven major suburbs are reshaping the housing map
National Housing Company National Housing Company is developing 7 major suburbs in Riyadh, Jeddah and Dammam, with an area of more than 53 million square meters. The residential suburbs to be developed include Al Jawan, Al Jawhara, Al Mayar, Al Wajha, Al Sadeem, Al Dar and Khiala, which aim to provide tens of thousands of housing units at prices that suit the needs of Saudi families, while supporting the goal of raising the Saudi ownership rate to 70% by 2030.
National Housing Company is working on developing 7 major suburbs in the cities of Riyadh, Jeddah and Dammam, which will be developed in the coming years.
Integrated urban components
The projects of modern residential suburbs in Saudi Arabia are characterized by designs based on smart planning and integrated infrastructure, which are represented by modern road networks linking suburbs to city centers, schools, health centers and daily services, large green spaces and public parks, commercial and entertainment centers within neighborhoods, and pedestrian and bicycle paths. The National Housing Company explained that the average prices of units in these residential suburbs range between 600,000 and 900,000 riyals, making them a suitable option for families benefiting from housing support programs.
Advanced completion rates and projects under development
Some recent reports indicate that some residential suburban projects in Riyadh and Jeddah have achieved completion rates exceeding 70%, with more than 18 residential projects providing more than 57,000 units in various stages of implementation.
Work continues on more than 18 residential projects providing more than 57,000 units in various stages of implementation. The Ministry of Municipalities and Housing has also launched more than 26,000 new units in off-plan sales projects through 2025, boosting the housing supply in suburbs and areas adjacent to major cities.
Rising demand boosts real estate investment
Real estate market experts believe that residential suburbs have become a strategic choice for investors because the value of land will rise in the future as demand grows and infrastructure improves, and urban expansion outside city centers, especially in the capital Riyadh, reflects a social shift towards living in larger spaces with modern facilities.
Real estate market experts believe that residential suburbs have become a strategic choice for investors.
