Real Estate & Construction

Building the Cities of Tomorrow

Market opening to foreign buyers in 2026 with significant growth in residential and commercial developments under the Real Estate Sector Strategy. Saudi Arabia opened its real estate market to foreign buyers in January 2026, driving significant growth in residential and commercial developments.

Market Size

$100 Billion

Growth Rate

+22%

Total Investment

$100B by 2030

Employment

500,000+ jobs

Vision 2030 Goals

Strategic objectives for this sector

Increase home ownership to 70%
Develop sustainable smart cities
Attract foreign real estate investment
Create world-class urban developments

Growth Drivers

Key factors driving sector growth

Foreign ownership reforms
Giga-projects development
Population growth
Urbanization trends
Tourism infrastructure needs

Regulatory Bodies

Government organizations overseeing this sector

REGAMinistry of HousingMISAPIF

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