Saudi Real Estate Enters New Growth Phase

Saudi Arabia’s real estate sector is entering a new phase of growth driven by stronger regulations, digital governance systems, and a framework allowing non-Saudis to own property, according to Abdullah Al-Hammad, CEO of the Real Estate General Authority (REGA).In a statement shared on X, Al-Hammad said the market is now well positioned to attract high-quality global partnerships and long-term investment, reinforcing the Kingdom’s appeal as a destination for sustainable growth. He noted rising momentum across urban developments, modern housing communities, tourism destinations, commercial centres, and logistics hubs, supported by strong demand and emerging opportunities.He added that this progress aligns with the objectives of the Future of Real Estate Forum, which aims to foster dialogue, showcase market potential, and shape the next stage of sector development in line with international standards.