KSA Real Estate Report - H2 2024 Review and H1 2025 Outlook

Executive Summary

Saudi Arabia real estate market remains favourably positioned, with broad-based growth across various segments. Sustained government initiatives have been playing a key role in driving real estate sector’s performance. In this regard, in addition to discussing performance of real estate segments, the report also outlines the impact of key developments such as scaling down of NEOM projects, winning of FIFA World Cup 2034 bid by Saudi etc. on the real estate sector.

On analysis of relevant macro factors that would impact Saudi Arabia’s property market, while economic growth, positive business sentiment, relatively lower interest rates are supportive of the sector’s growth in 2025, factors such as volatile oil prices, uncertainty over U.S policy decisions could pose some headwinds.