Knight Frank – The Saudi Report 2025, Oct 2023

The Saudi Report 2025 focuses on the real estate market in Saudi Arabia, particularly the residential sector. The report is divided into two parts: the first part is dedicated to the residential market, while the second (to be released later) will cover the commercial real estate market. Key findings include rising housing prices due to increased demand and the approaching of the government's 2030 homeownership goal of 70%. Despite the stabilization of housing demand, there is a significant opportunity to meet the demand from expatriates, 77% of whom wish to own homes in the Kingdom. The branded residential market continues to grow, especially among the ultra-wealthy seeking luxury branded homes. The rental market also shows high demand, highlighting the opportunity for the development of the build-to-rent segment. The report concludes by highlighting four key opportunities in the real estate market for developers and investors.