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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

What is the impact of digital platforms and artificial intelligence on the real estate sector in Saudi Arabia?

Accelerating Saudi Arabia's real estate transformation by improving efficiency, transparency, customer experience, and supporting investment decisions with digital technologies and artificial intelligence

Technology in Real Estate Attracting 10 million people to keep pace with accelerating growth

Dr.. Sherif Soliman says transparency, quality of offers, and responsiveness of brokers are essential to attract foreign investors and support real estate growth.

Ejar - Ejar Platform

Ejar has registered more than 10 million rental contracts since its launch

The platform provides electronic documentation, transparency, and government integration, with a daily registration rate of approximately 19,000 contracts.

General Authority for Statistics - Residential Rental Prices

Statistics: The Kingdom's inflation rate stabilized at 1.6% during the past three months

The CPI is based on a basket of 490 items and is published monthly.

Ministry of Industry logo

Ministry of Industry issues more than 37,000 certificates of origin in August

The certificates include four forms and are submitted electronically through the Ministry's portal to facilitate the export of enterprises, traders and individuals

Real estate marketing

Saudi Arabia advances globally in the real estate market transparency index

According to JLL's report, Saudi Arabia rises to 38th place and achieves the second highest improvement in the Real Estate Transparency Index 2024.

Cadastre

4 cases that can benefit from the real estate data correction request service

Land Registry Platform: The service corrects clerical errors, area discrepancies, rights and obligations data and owners' names.

Abdulaziz Alissa - Riyadh train tracks - 95th National Day

360 Days of Implementation Real Estate Brokerage Statistics and challenge

One year after the implementation of the system, the market recorded 3.5 million transactions worth more than 605 billion riyals and the challenges of digital competition.

Real estate stock exchange

وزارة العدل تكشف عن 60 ألف زيارة يومياً لمنصة البورصة العقارية

توفر المنصة خدمات تداول ورهن وتمويل وإصدار الصكوك وتحديثات مؤشرات وبيانات عقارية لحظية.

Saudi Arabia's home furnishings market to reach $5.98 billion by 2029, report predicts

Saudi Furniture Market to grow at a CAGR of 5.91% through 2029 driven by rising population, urbanization, and expansion of e-commerce.

Private Sector - Saudi Economy - Construction Contracts in Saudi Arabia

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

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

Real Estate Market - Manzili 2

Manzili Real Estate Technology Solutions improves user experiences in the real estate market

Since 2022, Manzili has been providing 3D tours, virtual furnishing, digital twins, and customized platforms to manage sales and virtual showings.

Off-plan real estate projects

Infographic: Real Estate Brokerage Forum sessions and speakers ahead of the event

الهيئة العامة للعقار تطلق ملتقى ومعرض الوساطة العقارية 17 يوليو بالرياض بمشاركة خبراء لعرض تحديثات النظام وجلسات

Saudi Central Bank

Infographic | Liquidity in the Saudi economy is the highest on record at 2.825 trillion riyals

As of May 2024, liquidity recorded an annualized growth of 8.6%, up 4% since January, while demand deposits accounted for 49.2%.

ملتقى الإعلام العقاري: تحليل البيانات عامل مهم في اتخاذ القرارات

الهيئة العامة للعقار نظمت الملتقى بالرياض لإطلاق هويتها الجديدة والتأكيد على دور تحليل البيانات في القرار.

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