Residential

International report predicts: Riyadh needs to add 305,000 new housing units

Reading time: 2 MinutesWith rapid population growth and increasing demand for housing units in the capital, Riyadh, the Kingdom is moving toward a large-scale urban and economic renaissance. Knight Frank revealed that... Read more

Knight Frank report predicts Riyadh's population to reach 9.6 million in 2030 and a significant increase in demand for housing.

23/10/2024

International Monetary Fund Riyadh office market
Real estate transaction indicators on October 25, 2026

An exceptional deal in Abha boosts real estate sales to 4 billion riyals in one day

The surge in Saudi real estate transactions was driven by the sale of land in Al-Safa neighborhood in Abha for 3.8 billion riyals.

Undeveloped lands in Hail, Jazan, and Tabuk

7 million square meters of undeveloped land in 3 areas have entered development or trading.

The ministry stated that the fees contributed to the trading and development of 7 million square meters, and supported 21 residential projects in the three regions.

1.091 billion riyals deposited for beneficiaries of the housing support program for the month of October

The total amount deposited since January 2026 has reached 10.817 billion riyals to support contract profits and promote homeownership among families.

50% of infrastructure completed for the "Tabuk Hills" destination, covering an area of 2.3 million m2

The works include utility networks, rainwater drainage and paving, in preparation for an integrated residential destination serving more than 20,000 people.

Real Estate Transaction Value - Real Estate Sales - Residential Real Estate

Residential real estate loses 103 billion riyals in sales in 9 months

Sales, deals, average value and space declined during 2026, with a gradual quarterly improvement that peaked in the third quarter.

Saudi-Pakistani Real Estate Exhibition

The Saudi-Pakistani Real Estate Exhibition concludes in Lahore

It witnessed broad official and investment participation, with the presentation of Saudi and Pakistani real estate opportunities and calls to strengthen partnerships and attract mutual investments.

Renewing the partnership between the Housing and Brotherhood Foundation to enable people with disabilities to own a home

Renewing the partnership between the “Sakan” and ”Ikhaa” foundations to enable orphans to own a home

The agreement provides diverse housing options, including the «Waad» program and purchasing from the market, to enhance the housing and social stability of beneficiaries.

Qumrah destination, developed by the National Housing Company (NHC) in the Eastern Province

«NHC begins housing the first families at the Qumra destination»

The integrated residential project in Safwa has commenced actual operation, with educational, health and commercial facilities on an area exceeding 1.4 million square meters.

The "Sakan" Foundation reviews its achievements during the third quarter of 2026

The Board of Trustees reviewed the strategic performance and third-quarter programs, and approved the directions of the Ramadan 2027 campaign to enhance community participation and support sustainable housing solutions.

Real Estate Balance Program

Handing over the first batch of land plots to beneficiaries of the first year of the Real Estate Balance Program

The Governor of Riyadh handed over ownership documents for the first batch of beneficiaries of the Real Estate Balance Program in Al Nakheel, Al Malqa and Al Qayrawan.

Diverse real estate opportunities in the Western Region at the "Siam Auction"«

Real Estate Registration in Saudi Arabia

On-site property registration begins tomorrow in three regions... Learn about the requirements and steps

Violations Related to Pilgrims' Housing

Ministry of Hajj and Umrah Suspends 8 Entities for Violations Related to Umrah Pilgrims' Housing

Offending entities were referred for investigation after pilgrims were found to be staying in unlicensed facilities during ongoing on-site and digital monitoring.

13 Exceptional Opportunities at the “Dana Al-Sharqia” Auction”

Launch of a 100-unit housing project in Al-Bukairiyah Governorate

The Governor of Qassim inaugurates housing units for beneficiaries of developmental housing in Al-Bukairiyah, as part of efforts to provide suitable housing and enhance family and social stability.

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