Dublin, May 13, 2025 (GLOBE NEWSWIRE) — The “Saudi Arabia Residential Real Estate Market, Region, Competition, Forecast & Opportunities, 2020-2030F” has been added to ResearchAndMarkets.com’s offering.
The Saudi Arabia Residential Real Estate Market, valued at USD 42 billion in 2024, is projected to ascend to USD 66 billion by 2030, with a CAGR of 7.91%. Key drivers for this growth include an increasing youthful population, rapid urbanization, and a concerted government focus on boosting homeownership to 70% by 2030.
Demographically, Saudi Arabia boasts a young and expanding population. With over 60% of its populace under the age of 35, a rising demand for residential properties is evident, driven by aspirations for higher living standards. By 2030, the population is anticipated to surpass 40 million, further intensifying the need for diverse housing solutions in urban centers like Riyadh, Jeddah, and Dammam.
Urban migration continues to affect the housing landscape significantly. As more citizens move to cities, the demand for urban housing escalates, motivating developers to innovate in the realm of residential design. This shift encompasses a transition toward smaller family units and increased preference for apartments or townhouses over traditional larger homes.
Homeownership is becoming increasingly feasible due to an expanding mortgage market. With initiatives like the Sakani program and the Real Estate Development Fund offering financial assistance, purchasing homes is more attainable. Financial institutions are providing flexible mortgage terms, while regulatory changes by the Saudi Central Bank (SAMA) fuel competition and credit availability. These efforts have led to double-digit annual growth in residential mortgages.
Despite positive developments, challenges such as housing affordability persist. Many low- and middle-income citizens struggle with the gap between their financial capacity and rising housing prices. To address this, enhanced public-private partnerships and policy reforms are needed to incentivize developers to focus on affordable housing.
Market players influencing the Saudi residential real estate landscape include Christie International Real Estate, ColdWell Banker Real Estate Company, Al Habtoor Group, and others. These companies play pivotal roles in various segments, from luxury developments to affordable housing.
The market is segmented into new constructions and resales, with categories including flats, individual houses, condominiums, and townhouses. Modes of transaction span online and offline platforms, covering regions such as Riyadh, Makkah, Madinah, and Dammam.
The competitive landscape is marked by profiles of major companies driving the market, with detailed analyses available. The publisher offers customizations tailored to company-specific needs, providing valuable insights into additional market players.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 86 |
| Forecast Period | 2024 – 2030 |
| Estimated Market Value (USD) in 2024 | $42 Billion |
| Forecasted Market Value (USD) by 2030 | $66 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Saudi Arabia |
Key Topics Covered:
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
2.6. Approach for the Market Study
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
5. Saudi Arabia Residential Real Estate Market Outlook
5.1. Market Size & Forecast
5.2. Market Share & Forecast
5.3. Market Map
6. Riyadh Residential Real Estate Market Outlook
6.1. Market Size & Forecast
6.2. Market Share & Forecast
7. Makkah Residential Real Estate Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
8. Madinah Residential Real Estate Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
9. Eastern Province Residential Real Estate Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
10. Dammam Residential Real Estate Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Company Profiles
13.1. Christie International Real Estate
13.2. ColdWell Banker Real Estate Company
13.3. Al Habtoor Group
13.4. DLF Ltd
13.5. Hochtief Corporation
13.6. IJM Corporation Berhad
13.7. Engel & Volkers AG
13.8. Lennar Corporation
13.9. Raubex Group Ltd
13.10. Pultegroup Inc.
For more information about this report visit https://www.researchandmarkets.com/r/gi27qs
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- Saudi Arabian Residential Real Estate Market
