Saudi Arabian real estate market:

In the current Saudi Arabian real estate market, several notable trends are shaping the sector. A notable trend is the government’s ambitious Vision 2030 program, which is generating significant investment in the real estate sector to diversify the economy beyond oil dependence. This initiative includes the development of mega projects such as NEOM and the Red Sea project, which attract local and international investors and developers. Additionally, there is growing interest in affordable housing solutions to meet the needs of the country’s rapidly growing population, as well as initiatives to boost homeownership among Saudi citizens. The adoption of innovative technologies, including smart home solutions, is becoming more common, improving the overall quality of life in residential properties. Finally, the relaxation of certain regulatory measures and improved transparency strengthen investor confidence and attract foreign investment to the Saudi real estate market.