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In numbers and statistics... Saudi Arabia's real estate market trends and size in 2024

Reading time: 4 Minutesيتميز السوق العقاري السعودي بقدرة تنافسية عالية، مع تزايد الطلب على العقارات الجديدة بسبب نمو الأنشطة التجارية وزيادة المنافسة. وحسب دراسة تحليلة صادرة عن موقع ... Read more

The market size is $69.51 billion in 2024 and is expected to reach $101.62 billion by 2029.

21/07/2024

Private Sector - Saudi Economy - Construction Contracts in Saudi Arabia
Opening of Al-Umran Exhibition

Opening new horizons for scientific research, the Urban and Real Estate Forum and Exhibition discusses future challenges

Under the patronage of the Deputy Minister of Municipalities and Housing, a forum and exhibition kicked off at King Saud University to discuss research and attract investments.

President of the Real Estate Registry Dr. Mohammed Al-Suleiman

Head of the Land Registry: We use modern technologies to create a real estate map of 8.2 million properties

The Land Registry has completed a geospatial survey of more than 22,000 km2 to create a real estate data map of 8.2 million properties.

Statistics: 3.6 % rise in real estate price index in the fourth quarter of 2024

Bulletin of the Commission: 1.6% quarterly rise and sectoral divergence (Commercial 5.0%, Residential 3.1%, Agricultural 2.8%).

Infographic: “Municipalities and Housing” reveals the achievements of the municipal sector in 2024

Issuing more than 276,000 construction licenses and 80% growth, and 130,000 commercial licenses and 149% growth in 2024.

Ministry of Commerce Financial Statements Filing

Ministry of Commerce: 67% growth in exported commercial records in the fourth quarter of 2024

Total business records exceeded 1.6 million, and e-commerce records grew 10% to 40,953.

Real Estate Survey in 2024

Survey: The real estate sector in 2024 A quantum leap that reshapes the investment map

Transactions rose 38% and transaction value 50% as investment expands and wider adoption of real estate technology.

Dr.. Dr. Moans Shujaa writes about: Teamwork and Startups

The importance of measuring customer satisfaction

Evaluating the customer experience provides feedback to improve procedures, correct errors, and enhance competitiveness and quality of services.

“Statistics Authority” announces the results of the comprehensive economic survey in the Kingdom for 2023

المسح كشف إيرادات تشغيلية 5,292 مليار ريال ونفقات 2,165 مليار وتعويضات 544.7 مليار وتكوين رأس المال الثابت 867.8 مليار

Residential program

Statistics: Industrial production index rose by 5 % in October

All sub-activities were included, led by manufacturing (+12.4%) and the rise of oil and non-oil activities.

Future Investment Initiative Conference

Future Investment Initiative conference discusses the role of artificial intelligence in driving digital transformation

Economic leaders discuss the role of AI and foreign investment in fostering digital transformation and sustainable growth for the Kingdom.

Real Estate Authority Launches Real Estate Technology Accelerator Its goals, services, and target groups

A free 6-month intensive program that supports startups with training, mentorship, workspaces and investor connections

Residential program

Infographic: Steps to improve real estate data classification

The General Real Estate Authority reveals steps to link satellite, artificial intelligence and census data to improve real estate rankings.

Off-plan real estate projects

With 100 speakers Global Proptech Summit to review the role of digital transformation in the real estate sector

It is organized by the General Authority for Real Estate in Riyadh in partnership with the National Housing Company and with the participation of experts from 80 countries.

Private Sector - Saudi Economy - Construction Contracts in Saudi Arabia

Statistics: Foreign Direct Investment in Saudi Arabia to reach 897,347 billion riyals by the end of 2023

Inflows declined 19% in 2023, while manufacturing accounts for 29% of the FDI stock.

التقنية في الممارسات العقارية: “الأرض الرقمية” تغير ملامح السوق العقاري بالمملكة

منصة أرض الرقمية تقدم خرائط ومزايا تسويقية رقمية بالتعاون مع وزارة الإسكان وشركات تمويل سعودية.

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