Saudi Arabia’s real estate industry has boomed in recent years, mainly to Vision 2030 and the government’s emphasis on economic diversification. With large infrastructure projects, smart city programs, and more foreign investment, the Kingdom has emerged as one of the most vibrant real estate markets in the Middle East.
Whether you’re searching for a luxury house in Riyadh, a business space in Jeddah, or a lucrative investment opportunity in the Eastern Province, selecting the correct real estate firm is critical. To assist you navigate the market, we’ve created a list of the Top 10 Saudi Real Estate Agencies for 2024. These organisations have demonstrated their dependability, market experience, and dedication to excellence.
Top 10 Real Estate Agencies in Saudi Arabia – 2024
Below is the list of the top 10 real estate agencies in Saudi Arabia – 2024. Let’s learn about them.
1. Dar Al Arkan Real Estate Development Co.
Dar Al Arkan Real Estate Development Co.
Dar Al Arkan, founded in 1994, is one of Saudi Arabia’s largest and most established real estate developers. The business has successfully completed multiple high-quality residential and commercial projects throughout the Kingdom, establishing a standard for excellence in property development.
What makes Dar Al Arkan stand out?
- Premium Developments – Premium Developments is well-known for its luxurious residential and commercial complexes, which cater to high-net-worth individuals and corporate clientele.
- Global Reach –Dar Al Arkan’s business has grown outside Saudi Arabia, with projects in the UAE and other foreign markets, including Europe and China.
- Innovation and technologies – They combine smart home technologies and sustainable designs into their projects to create modern and environmentally friendly living environments.
- Financial Strength – The company has consistently maintained a strong financial position, allowing for continuous expansion and high-quality developments.
Notable projects:
- Shams Ar Riyadh – A vast mixed-use development in Riyadh that includes luxury residences, villas, and commercial areas.
- I Love Florence Tower (Dubai) – I Love Florence Tower in Dubai is a one-of-a-kind building that combines Italian style with luxury living.
- Urban oasis (Dubai) – Missoni Home designed one of the region’s most prominent complexes.
2. Jabal Omar Development Co.
Jabal Omar Development Co.
If you’re looking for real estate in Makkah, Jabal Omar Development Company is a name to remember. Jabal Omar, which specialises in large-scale real estate developments, has contributed significantly to the transformation of Makkah’s skyline and the growth of the hospitality industry.
What makes Jabal Omar Development Company stand out?
- Prime Location Focus – The firm specialises on luxury homes in Makkah, making it the go-to developer for individuals seeking investment possibilities in the holy city.
- Luxury Hotels & Residences – Their developments appeal to both pilgrims and investors, offering world-class hotel services.
- Religious Tourism Infrastructure – Their initiatives are consistent with Saudi Arabia’s goal of luring 30 million pilgrims yearly by 2030.
- High Rental Yield – Properties near the Grand Mosque yield substantial rental revenue, making Jabal Omar an appealing option for investors.
Notable projects:
- Jabal Omar Towers are a combination of luxury hotels, residential flats, and retail spaces near the Grand Mosque.
- Jabal Omar Marriott and Hilton Hotels – Two of the most prominent hotels, providing outstanding services to pilgrims and guests.
3. Al Saedan Real Estate
Al Saedan Real Estate
Al Saedan Real Estate, founded in 1934, is one of Saudi Arabia’s oldest and most reputable property developers. They provide a comprehensive range of real estate services, including property management and urban development.
What makes Al Saedan Real Estate stand out?
- Decades of Market Experience – We have almost 90 years of combined experience constructing residential, commercial, and industrial projects.
- Diverse Portfolio – The firm focuses on gated communities, commercial centres, and large-scale real estate projects.
- Strong Reputation – Al Saedan has a solid reputation in the market, having delivered high-quality projects on schedule for many years.
- Affordability and Luxury – Their developments appeal to both middle-income households and those looking for luxury properties.
Notable projects:
- Al Saedan Towers (Riyadh) is a premier residential and commercial complex.
- Multiple gated communities and shopping centres around the Kingdom provide world-class facilities and security.
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4. Ewaan Global Residential Company
Ewaan Global Residential Company
Ewaan specialises in building integrated residential communities for middle-income households. Their developments provide modern amenities, affordability, and high-quality housing solutions, making them popular among purchasers.
What makes Ewaan Global stand out?
- Affordable Luxury – Offering high-quality residences at modest costs, allowing more Saudis to afford pleasant dwelling.
- Community-Focused Developments – Created to encourage social interaction and a high level of life.
- Sustainable and eco-friendly construction – Using environmentally friendly materials and energy-efficient designs.
- Customer-Centric Approach – Ewaan is well-known for its great customer service and after-sales support.
Notable projects:
- Al Fareeda Residential Community (Jeddah) is a completely integrated neighbourhood with schools, commercial centres, and recreational amenities.
- Al Yasmeen Community is designed to meet the demands of young families and professionals.
5. Kingdom Holding Company
Kingdom Holding Company
Kingdom Holding Company was founded by Prince Alwaleed bin Talal and is one of Saudi Arabia’s most famous investment corporations. Their real estate industry has significantly influenced the Kingdom’s urban landscape.
What makes Kingdom Holding stand out?
- High-End Developments – The firm focuses on luxury residential and commercial developments for affluent clients.
- Landmark Properties- Owns the Kingdom Centre, one of Saudi Arabia’s most recognisable buildings.
- Global assets – In addition to Saudi Arabia, Kingdom Holding has large real estate assets in the United States, Europe, and other markets.
- Jeddah Tower – The proposed Jeddah Tower will be the world’s highest structure, changing urban development in Saudi Arabia.
Notable projects:
- Kingdom Centre Tower (Riyadh) – A landmark construction that includes luxury residences, office space, and a shopping mall.
- The Jeddah Tower (expected to be the world’s tallest structure) is a megaproject that will revolutionise real estate in the Kingdom.
6. Bin Saedan Real Estate
Bin Saedan Real Estate
Bin Saedan Real Estate, founded in 1934, is one of Saudi Arabia’s oldest established real estate enterprises, renowned for its comprehensive approach to property development and administration. The corporation has contributed significantly to the Kingdom’s urban landscape.
What makes Bin Saedan Real Estate stand out?
- Heritage and Experience – With over a century of experience, the firm has established a solid reputation in the real estate industry.
- Diverse Portfolio – They focus on residential, commercial, and mixed-use developments.
- Urban Planning Expertise – The business is involved in large-scale urban planning initiatives that support Saudi Arabia’s Vision 2030.
- Sustainability and innovation – Bin Saedan incorporates clever and environmentally friendly ideas into its constructions.
Notable projects:
- Raden is a luxury residential development in Riyadh.
- Alwan is a well-planned urban community project.
- Larin is a sophisticated business and residential development.
7. Tatweer Holding Company
Tatweer Holding Company
Tatweer Holding Company is a major participant in Saudi Arabia’s real estate market, focussing on innovative and high-quality urban projects. The firm has contributed significantly to the development of mixed-use communities and commercial hubs.
What makes Tatweer Holding Company stand out?
- Strategic Developments – Their initiatives are consistent with Saudi Arabia’s economic and urban growth objectives.
- Mixed-Use Excellence – The organisation mixes residential, office, and retail areas into cohesive communities.
- Global Partnerships – Works with multinational companies to provide world-class infrastructure to Saudi Arabia.
- Sustainability Commitment – Adopts green building methods and smart city technology.
Notable projects:
- Laysen Valley, a high-end mixed-use development in Riyadh with large global corporations.
- Business Gate – A commercial and office space centre that attracts multinational businesses.
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8. Retal Urban Development Co.
Retal Urban Development Co.
Retal Urban Development, founded in 2012, is a subsidiary of Al-Fozan Holding Company that is publicly traded on the Saudi Stock Exchange (Tadawul). The firm specialises in residential and commercial real estate developments.
What makes Retal stand out?
- Rapid Growth – One of the Kingdom’s fastest-growing developers.
- Smart Communities – Creates modern housing options with smart infrastructure.
- Vision 2030 Alignment – Committed to improving the quality of life in Saudi Arabia.
- Strong Market Presence – A major participant in the Kingdom’s housing industry.
Notable Projects:
- Ewan Sedra 3, a 242-unit residential complex in Riyadh.
- COYA Apartments – A high-end apartment property within the Sedra development.
9. Saudi Real Estate Company (Al Akaria)
Saudi Real Estate Company (Al Akaria)
Al Akaria, established in 1976, is one of Saudi Arabia’s pioneering real estate developers. It has helped shape the Kingdom’s urban development by providing large-scale residential and commercial developments.
What makes Al Akaria stand out?
- Decades of expertise – For almost 40 years, this has been a reputable name in Saudi real estate.
- Innovative Urban Planning – Specialises in mixed-use complexes that include living, working, and recreational areas.
- Sustainable Growth – Emphasis on environmentally friendly and energy-efficient designs.
- Government Partnerships – Works with the public and commercial sectors to promote infrastructure development.
Notable Projects:
- Al Akaria Residential Complexes – Several housing complexes in Saudi Arabia.
- Al Akaria Business Park is a premier economic hub in Riyadh.
10. Riyadh Development Company
Riyadh Development Company
Riyadh Development Company (ARDCO) is a significant real estate corporation dedicated to the urban development of Saudi Arabia’s capital city. The firm is critical to the Kingdom’s economic and commercial growth.
What makes Riyadh Development Company stand out?
- Strategic Focus – Mostly undertakes large-scale urban projects in Riyadh.
- Public & Private Sector Collaboration – Collaboration between the public and private sectors entails working closely with government bodies to improve municipal infrastructure.
- Commercial and Retail Leadership – Manages significant retail and commercial buildings in the capital.
- Sustainability Initiatives – Uses green construction standards in its initiatives.
Notable projects:
- The Qasr Al Hokm District, which is undergoing significant historical and economic rehabilitation.
- Riyadh Gallery Mall – One of the largest retail destinations in the city.
When selecting a real estate agency in Saudi Arabia, it is critical to evaluate the firm’s expertise, the breadth of services provided, and their knowledge of the local market. The firms listed above have excelled in these areas, making them dependable partners for your real estate requirements in 2024.
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