Return on investment is one of the most important investment terms that must be known before choosing any property or starting real estate investment. In general, return on
Saudi Arabia''s residential real estate market is forecast to experience robust growth in 2025, driven by Vision 2030 initiatives, expanding urban infrastructure, and
Saudi Arabia is making history with the world''s largest grid-scale battery energy storage project. BYD Energy Storage has signed a 12.5 GWh contract with the Saudi Electricity Company (SEC), bringing their total
Saudi Arabia''s real estate market is set to experience robust growth through 2025, driven by the Kingdom''s Vision 2030 reforms, economic diversification, and large-scale developments.
Initiatives such as the government-backed Saudi Mortgage Guarantees Services Company (Dhamanat), which provides mortgage guarantees and additional services, are also
Expanding the rental market in Saudi Arabia is a critical aspect of the Vision 2030 plan. By providing a broader range of housing options, promoting homeownership, and attracting
Our third annual Saudi Giga projects report highlights the speed at which the Kingdom''s planners are racing to meet the targets set by Vision 2030 to deliver a transformed economy and real
Discover real estate development projects in Saudi Arabia driving Vision 2030 through smart cities, housing, and investment opportunities.
1 troduction Saudi Arabia is witnessing a paradigm shift in how it delivers infrastructure and public services, with Public-Private Partnerships (PPPs) emerging as a central pillar of development under Vision 2030. The
From Qiddiya to Neom, Saudi Arabia is creating a host of giga projects and attractions as part the Public Investment Fund''s (PIF) Vision 2030. This aims to diversify the economy and reduce the kingdom''s reliance on oil.
Saudi Vision 2030 outlines a transformative roadmap for Saudi Arabia''s future, focusing on economic diversification, investment opportunities, and cultural development.
But why is Saudi Arabia pursuing such an ambitious project? The answer lies in Vision 2030, the kingdom''s national strategy to diversify its economy, reduce dependence on oil, and transform itself into a global hub for
The Saudi Arabia Energy Storage System Market is expected to witness significant growth between 2024 and 2030, driven by government initiatives, advancements in
Saudi Arabia''s Vision 2030 is driving the Kingdom''s transformation through a series of large-scale giga projects. While much focus has been on developments in Riyadh and the Western
"The MENA region – the next hot market for energy storage?" I asked in an article back in October 2017. It took a bit longer than I expected, but seven years later it''s time to replace the question mark with an exclamation
Residential properties in Saudi Arabia encompass a wide range of options, including apartments, villas, residential complexes, and land for housing development. Their
Among all construction segments, the building sector continues to lead the charge. Residential development in particular is witnessing accelerated growth, fueled by rising homeownership
A luxury tourism destination is expected to be completed by 2030. It is nestled along the shores of the Red Sea coast in Saudi Arabia. The Red Sea Project is a transformative tourism megaproject that aims to redefine
A key goal is to raise the home ownership rates from 60% in 2020 to 70% by 2030. About $1 trillion of real estate and infrastructure developments are underway and at least eight new
With over 555,000 residential units, more than 275,000 hotel keys, in excess of 4.3 million sqm of retail space and over 6.1 million sqm of new office space expected by 2030, as part of the vision 2030 project. The planned
Here are 24 upcoming mega projects that will play a key role in ensuring Saudi Arabia''s massive transformation Saudi Arabia has announced several ambitious plans to build a series of large-scale projects aimed at reshaping the country
21 小时之前· NEOM and Saudi Vision 2030: A New City for a New Economy Historically, it was common for new cities to be funded in unpopulated regions, representing the expansion of a
Real estate is a high priority sector for Saudi Arabia and is supported by the government through Ministry of Housing initiatives, including Sharakat (partnership to codevelop properties), Wafi
Saudi Arabia''s new Vision 2030 plan brings an influx of construction megaprojects in the coming years. The goal? To diversify the economy, boost tourism, and
Saudi Arabia aims to add 10 GW of renewable energy capacity by 2027, with solar to account for the lion''s share. The Middle East Solar Industry Association (MESIA) describes the main market
Discover the ROI on residential real estate in Saudi Arabia. Learn about rental yields, capital appreciation, and investment strategies for high returns.
The project is expected to achieve a lifespan of over 15 years, guaranteeing substantial returns on investment for the stakeholders. To continue reading, please visit our ESS News site.
To sum up, Vision 2030''s impact on Saudi Arabia''s real estate sector is undeniable. It''s predicted that by 2030, the real estate sector''s contribution to the GDP will double, reaching 10%.
The projected $122 billion investment in Saudi Arabia''s residential real estate market is a testament to the Kingdom''s commitment to economic transformation.
It is forecasted that by 2030, the Kingdom''s total electricity demand will reach 121 TWh. As part of its Vision 2030 strategy, Saudi Arabia has positioned solar and wind power as key pillars of its future energy mix, with
Residential transactions across Riyadh, Jeddah and Dammam Metropolitan Area touched SAR 118 billion (USD 32 billion) in 2024; a 50% increase compared to 2023 Grade A office-focused sectors in the Kingdom, such as financial and
The growth rate of the global ESS market from 2025 to 2030 is expected to be approximately 10%, and the global ESS market demand may reach around 477 Gwh by 2030.
Guarantee contracts issued by real estate finance guarantees for housing support beneficiaries to develop the housing finance market for the residential real estate sector, in line with the
Saudi Arabia’s real estate market is set to experience robust growth through 2025, fueled by the Kingdom’s Vision 2030 reform agenda and commitment to economic diversification.
Traditionally, Saudi nationals have depended on family funds and personal financing from banks. However, in recent years, mortgages from Saudi banks have emerged as the primary source of real estate financing, growing to approximately $180 billion, or 23 percent of all loans, by the end of 2024.
Deloitte’s Middle East Real Estate Predictions 2025 report highlights Dubai’s continued resilience in the real estate sector. This paper highlights the significance of national visions in guiding systemic transformation and economic advancement for countries, particularly those facing structural challenges.
However, in recent years, mortgages from Saudi banks have emerged as the primary source of real estate financing, growing to approximately $180 billion, or 23 percent of all loans, by the end of 2024. Anticipated interest rate cuts are expected to stimulate mortgage growth following a moderate slowdown in 2022-2023.
The sheer scale of the planned development in Riyadh is clear when you examine the data: 340,000 new homes (including ROSHN and NHC units), 4.6 million sqm of new offices, 2.6 million sqm of new retail and 28,800 new hotel rooms (from c. 30,000 today) all to be delivered by 2030.
In addition, on a national scale, Saudi Arabia is undertaking ambitious projects that will have a widespread impact across the Kingdom. These projects are vital for the diversification of the economy, as they aim to enhance infrastructure, boost tourism, and create new economic opportunities across various regions.
