{"id":66714,"date":"2024-07-01T15:56:26","date_gmt":"2024-07-01T12:56:26","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=66714"},"modified":"2025-11-26T03:14:15","modified_gmt":"2025-11-26T03:14:15","slug":"%d8%a8%d9%80-43-5-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%a7%d9%84%d9%82%d8%b7%d8%a7%d8%b9-%d8%a7%d9%84%d8%b3%d9%83%d9%86%d9%8a-%d8%a7%d9%84%d8%b3%d8%b9%d9%88%d8%af%d9%8a","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/66714\/","title":{"rendered":"At $43.5 billion. Saudi Arabia's residential sector to dominate construction projects in 2023"},"content":{"rendered":"<p>emphasized <strong><a href=\"https:\/\/www.knightfrank.com\/\">Knight Frank<\/a><\/strong> a global real estate consultancy, that <a href=\"https:\/\/amlak.net.sa\/en\/tag\/%d8%a7%d9%84%d9%82%d8%b7%d8%a7%d8%b9-%d8%a7%d9%84%d8%b3%d9%83%d9%86%d9%8a\/\">Residential sector<\/a> Saudi Arabia primarily dominates the value of construction projects in the Kingdom, accounting for 31% at $43.5 billion of the total project value in 2023.<\/p>\n<p>The value of construction projects in the residential sector is expected to reach USD 56.9 billion by 2028, the company said in a report. The energy and utilities sector is a close second, with a value of $35.1 billion, and is expected to rise to $46.5 billion by 2028.<\/p>\n<p>According to Knight Frank, the value of construction projects in the Kingdom for all sectors by the end of 2028 is expected to reach US$181.5 billion, making Saudi Arabia the largest construction market in the world.<\/p>\n<p>The company emphasized that Saudi Arabia is witnessing a major boom in construction activities, with the value of construction outputs for the residential, institutional and<strong><a href=\"https:\/\/amlak.net.sa\/en\/65922\/\">Infrastructure<\/a><\/strong>\u00a0industry, energy and power, utilities and commercial sectors to $141.5 billion, an increase of 4.3% compared to last year, according to the 2019 report. The latest analysis from global real estate consultancy Knight Frank, Saudi Arabia's Construction Landscape Review.<\/p>\n<div class=\"jeg_ad jeg_ad_article jnews_content_inline_ads\"><\/div>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>Knight Frank, a global real estate consultancy, has confirmed that the Saudi residential sector is the dominant contributor to the value of construction projects in the Kingdom, accounting for 31%\u2014or approximately $43.5 billion\u2014of the total project value in 2023. The company said in a report that the value of construction projects in the residential sector is expected to reach $56.9 \u2026 <a title=\"At $43.5 billion. Saudi Arabia&#039;s residential sector to dominate construction projects in 2023\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/66714\/\" aria-label=\"Read more about \u0628\u0640 43.5 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631.. \u0627\u0644\u0642\u0637\u0627\u0639 \u0627\u0644\u0633\u0643\u0646\u064a \u0627\u0644\u0633\u0639\u0648\u062f\u064a \u064a\u0647\u064a\u0645\u0646 \u0639\u0644\u0649 \u0645\u0634\u0631\u0648\u0639\u0627\u062a \u0627\u0644\u0628\u0646\u0627\u0621 \u0641\u064a 2023\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":54948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[100],"tags":[],"class_list":["post-66714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential"],"acf":{"amlak_post_excerpt":"\u0645\u0646 \u0627\u0644\u0645\u062a\u0648\u0642\u0639 \u0623\u0646 \u062a\u0631\u062a\u0641\u0639 \u0642\u064a\u0645\u0629 \u0645\u0634\u0631\u0648\u0639\u0627\u062a \u0627\u0644\u0642\u0637\u0627\u0639 \u0627\u0644\u0633\u0643\u0646\u064a \u0625\u0644\u0649 56.9 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631 \u0628\u062d\u0644\u0648\u0644 2028.","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":"\u0645\u0646 \u0627\u0644\u0645\u062a\u0648\u0642\u0639 \u0623\u0646 \u062a\u0631\u062a\u0641\u0639 \u0642\u064a\u0645\u0629 \u0645\u0634\u0631\u0648\u0639\u0627\u062a \u0627\u0644\u0642\u0637\u0627\u0639 \u0627\u0644\u0633\u0643\u0646\u064a \u0625\u0644\u0649 56.9 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631 \u0628\u062d\u0644\u0648\u0644 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