{"id":72741,"date":"2024-12-28T21:55:56","date_gmt":"2024-12-28T18:55:56","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=72741"},"modified":"2025-11-26T00:20:42","modified_gmt":"2025-11-26T00:20:42","slug":"%d8%aa%d8%a3%d8%ab%d9%8a%d8%b1-%d8%aa%d8%b4%d8%ba%d9%8a%d9%84-%d9%82%d8%b7%d8%a7%d8%b1-%d8%a7%d9%84%d8%b1%d9%8a%d8%a7%d8%b6-%d9%86%d9%82%d9%84%d8%a9-%d9%86%d9%88%d8%b9%d9%8a%d8%a9-%d9%86%d8%ad%d9%88","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/72741\/","title":{"rendered":"The impact of running the Riyadh train: A quantum leap towards the future of real estate"},"content":{"rendered":"

\u00a0<\/strong>The Impact of the Riyadh Train Service: <\/strong>A Quantum Leap Toward the Future of the Real Estate Industry<\/strong><\/span><\/h4>\n

Dr. Abdullah bin Atiya Al-Kharmani<\/strong><\/a><\/span><\/h4>\n

With the startup of Riyadh train<\/a><\/span><\/strong>This ambitious project, which forms the backbone of the public transportation system in the capital city of Riyadh, is generating growing expectations regarding its impact on various economic sectors, particularly the real estate sector. This project, which includes six main lines and more than 80 stations covering most of Riyadh, represents an unprecedented opportunity to improve quality of life and enhance the city\u2019s appeal to local and international investors.<\/p>\n

First: A direct impact on real estate prices<\/strong><\/span><\/h4>\n

The global real estate sector is undergoing significant changes as public transportation infrastructure projects are developed, and the Riyadh Metro is no exception. With the launch of the metro, real estate prices near major stations are expected to rise significantly. The main reason for this increase is the added value provided by the train, which gives residents and investors easy access to employment areas, entertainment, and services.<\/p>\n

In practical terms, the areas surrounding stations such as \u201cKing Abdullah Financial District Station\u201d and \u201dAl-Olaya Station\u201d may see an increase in the value of land and buildings as they transform into vibrant hubs. In addition, these stations will be attractive to companies looking to establish offices and businesses, thereby boosting demand for commercial real estate in those areas.<\/p>\n

Global studies indicate that real estate located within 500 meters of train stations increases in value by between 10% and 20%; this figure may be higher in Riyadh due to the heavy reliance on private cars prior to the train\u2019s launch.<\/p>\n

Second: Development of Remote Areas<\/strong><\/span><\/h4>\n

Remote areas or suburbs with weaker connections to the city center have suffered from low demand for real estate due to transportation challenges. With the launch of the Riyadh Metro, this situation will change dramatically, as the new lines will provide a convenient and efficient mode of transportation that reduces both travel time and cost.<\/p>\n

For example, areas on the outskirts of Riyadh, such as \u201cAl-Ramal\u201d and \u201cAl-Narges,\u201d will become more attractive to residents and investors. These areas typically offer lower real estate prices compared to central areas, but with improved access via train, demand for them is expected to rise. This development will not only drive up real estate prices but will also create opportunities to develop new residential complexes and commercial facilities to serve the new residents.<\/p>\n

Third: Changes in Housing Patterns<\/strong><\/span><\/h4>\n

The launch of the Riyadh train will reshape housing patterns in the city. As reliance on private cars decreases, residents will be more inclined to live near train stations to take advantage of the time and cost savings it offers.<\/p>\n

Demand for apartments is expected to rise more than that for single-family homes, especially among young people and small families looking for affordable housing options near public transportation. Areas within walking distance of stations will see a boom in high-rise construction projects, as developers seek to use space efficiently.<\/p>\n

On the other hand, housing costs in central areas\u2014which in the past relied on their geographical proximity to employment centers\u2014may decline. This will create a certain balance in the distribution of the population between the city center and its outskirts.<\/p>\n

Fourth: Promoting Commercial Investments<\/strong><\/span><\/h4>\n

The main stations along the Riyadh Metro line will serve as new commercial hubs. Locations featuring stations such as \u201cKing Abdullah Financial District Station\u201d and \u201dKing Fahd Road Station\u201d will become prime destinations for investors looking to develop shopping centers, restaurants, and offices.<\/p>\n

These commercial hubs will help create a new, dynamic environment that combines business and entertainment, thereby increasing the value of surrounding real estate. The daily flow of passengers will also boost activity in local markets and encourage small and medium-sized businesses to expand into those areas.<\/p>\n

Fifth: Sustainability and Innovation<\/strong><\/span><\/h4>\n

The operation of the Riyadh train is in line with the goals of Vision 2030, which seeks to achieve sustainability across all sectors. The use of public transportation reduces carbon emissions and traffic congestion, thereby improving the quality of life in the city.<\/p>\n

This shift toward sustainability will encourage real estate developers to adopt environmentally friendly construction techniques and develop projects that meet modern smart city standards. For example, we may see an increase in residential complex projects that utilize solar energy and water-conservation technologies to attract investors and residents who are interested in sustainability.<\/p>\n

There is no doubt that the launch of the Riyadh Metro will mark a turning point for the real estate sector in the capital. From increasing property values to boosting demand in the suburbs and developing commercial hubs, this project will redefine the concept of living and working in the city. With these changes, the real estate sector will become more integrated and sustainable, enhancing Riyadh\u2019s ability to compete with major global cities.<\/p>\n

This development is not merely an improvement in transportation; it is a comprehensive transformation of urban life in Riyadh, making it an attractive destination for residents and investors alike.<\/p>\n

@DrAlkharmany<\/strong><\/span><\/p>\n

Project Management Expert<\/strong><\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 3<\/span> Minutes<\/span><\/span>\u00a0The impact of the Riyadh train operation: A qualitative leap towards the future of the real estate movement Dr. Abdullah bin Attia Al-Khurmani With the start of the Riyadh Metro, the ambitious project that represents the backbone of the public transportation program in the capital Riyadh, expectations are increasing about its implications on various economic sectors, especially the real estate sector. The project, which includes six main lines and more than 80 stations, is a major ... 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