6 MIN READ

The real estate sector is booming in Saudi Arabia under the Vision 2030 initiative. This guide will cover the leading real estate companies in Saudi Arabia regarding investment opportunities, challenges, and ways of entering the local market alongside international partners.
Real estate is perhaps the fastest developing sector in the Kingdom of Saudi Arabia under the impact of the visionary Vision 2030 program. In fact, changes are heading in the direction of the housing, commercial, and industrial landscape of the entire country as the Kingdom tries to diversify itself beyond oil.
Real Estate Companies in Saudi Arabia stand at the front of this transformation, designing, developing, and managing some of the region’s most ambitious projects. International and local investors trust the expertise of these firms with a large share of regulations, land acquisition, and executing large-scale developments.
The Saudi real estate sector is an important part of the country and is estimated to be worth SAR 1.5 trillion in the coming years. Vision 2030 turns housing and infrastructure development into a national agenda, giving rise to several megaprojects, such as:
The increase in demand is from expatriates, local families, businesses, and tourists needing residential developments, commercial spaces, and hospitality developments.
Related reading: Real Estate Investment in Saudi Arabia
The real estate ecosystem in Saudi Arabia comprises a wide range of players:
• Property Development Firms
Responsible for residential, commercial, and industrial developments, handling everything from design to construction.
• Real Estate Brokerage Agencies
These firms facilitate buying, selling, and leasing, providing market access to both individuals and businesses.
• Facility & Property Management Companies
Offers long-term asset management, including maintenance, rent collection, and tenant services.
• Construction & Infrastructure Developers
Focusing on execution for mega and giga projects, mainly in cooperation with public entities.
Explore more: Industrial License in Saudi Arabia, Business Setup in KSA.
Get in touch with our team to find out about our approach
BOOK FREE CONSULTATIONResponse within 24 Hours
Here’s a list of leading real estate companies in Saudi Arabia, known for scale, experience, and market standing:
One of the largest developers, focused on luxury residential and mixed-use projects across Riyadh, Jeddah, and Mecca.
A national community developer backed by Public Investment Fund (PIF), leading large-scale residential developments across major cities.
Master planner of KAEC, a key investment hub fostered with industrial, commercial, and residential zones.
One of the oldest public real estate firms is engaged in housing, offices, and commercial malls.
Religious tourism-focused, with large-scale hotels, malls, and residential units adjoining the Grand Mosque in Mecca.
These operate in the residential, hospitality, and commercial areas, with a major reputation in Sharia-compliant real estate.
An emerging developer focusing on urban expansion and mid-income housing projects in emerging cities.
These companies hold prime positions for foreign investors looking to partner locally or enter high-demand real estate projects.
The Saudi market is now increasingly open for foreign participants in real estate development. International investors can:
The Ministry of Investment of Saudi Arabia (MISA) facilitates foreign ownership with smooth procedures and incentives.
It is altogether an advantage to work with an established Saudi real estate company:
Explore more: Manufacturing in Saudi Arabia, Petrochemical Sector in KSA
While opportunities lay vast, choosing the right partner requires due diligence. Challenges to consider include:
Investors should aim for licensed companies and reputation consultants throughout the evaluation and set-up.
Get in touch with our team to find out about our approach
BOOK FREE CONSULTATIONResponse within 24 Hours
Here’s what investors should consider:
Q1. Which are the biggest real estate companies in Saudi Arabia?
Top players in real estate include Dar Al Arkan, ROSHN, Emaar Economic City, Jabal Omar, and Saudi Real Estate Co.
Q2. Can foreign investors partner with Saudi real estate firms?
Yes, foreign investors can join hands with real estate firms in Saudi Arabia by establishing joint ventures or through licensing.
Q3. What sectors are most profitable right now?
Residential housing, commercial offices, and industrial zones in the vicinity of economic cities are currently doing well.
Q4. Do you need MISA approval to start a real estate company?
Yes, foreign investors require an MISA license for the legal establishment or investment in a real estate company in Saudi Arabia.
According to the Vision 2030 agenda, real estate companies are equally at the center of transforming the Kingdom. Investments in housing, infrastructure, tourism, and economic cities are another aspect that makes opportunities available to everyone in different areas.
When it comes to residential projects, commercial hubs, or even industrial zones, associating with the right real estate partner can open a doorway to long-term success.
Arnifi helps international investors identify top real estate companies, secure MISA licenses, and successfully launch their ventures in Saudi Arabia. Get connected with Arnifi today to kickstart your journey towards expert guidance suited to the Saudi real estate market.
Top Saudi Arab Packages
Top Saudi Arab Packages