Saudi Arabia
Saudi Arabia Property Investment
We are heading into 2026 on the cusp of some of the most ambitious and transformative real estate projects to hit the Kingdom of Saudi Arabia.
January starts with a bang, marking the launch of two mega-projects in Saudi Arabia: Trump Plaza in Jeddah, a landmark mixed-use project on one of the city’s most prominent land parcels, with an estimated GDV of US$1.95 billion.
In Riyadh, the first launch is valued at US$2.8 billion, and this is where we have some initial details I wanted to share. It is important to note that the transformative legislative reforms on real estate in Saudi Arabia will come into force on the 1st January.
The Jeddah launch is scheduled for the 10th January, and the Riyadh launch simultaneously on the 11th. Due to the exclusivity and nature of the Riyadh launch, we are proud to announce that we have been chosen as one of a small collection of International Agencies with the rights to sell the project on the pre-sale, and that we will be in the Riyadh and Knightsbridge offices for the entirety of the launch process.
The Riyadh Launch will be DAR Mansions in the exclusive, gated suburb of Wadi Safar. One of the most prominent and luxurious real estate locations in the Kingdom of Saudi Arabia.
DAR Mansions at Wadi Safar By DarGlobal
An Ultra-Luxury Residential Offering in the Birthplace of Saudi Arabia.
Diriyah is the birthplace of the Kingdom of Saudi Arabia and a UNESCO World Heritage site, located close to Riyadh. It is one of the most prestigious and culturally significant destinations in the country, positioned as a global luxury and lifestyle hub.
This opportunity represents one of the most exclusive residential offerings ever introduced in Diriyah.
This option will be fully freehold and in line with the government reforms set out this coming January. You can purchase fully as an international and will receive a lifetime residency visa for you and your family.
The Community
– Total master community size: 2.5 million sqm
– 50% dedicated to greenery, landscapes, and golf courses.
– 50% dedicated to low-density residential development
– Designed as a private, secure, and highly curated living environment. This will be one of the best master plans ever to be curated in Riyadh.
The community is double-gated, with controlled security access in and out, ensuring the highest level of privacy, exclusivity, and safety.
Prime Location in Diriyah
– Located in Wadi Safar
– Close to all major amenities and attractions
– One of the most prime and desirable residential locations in the Kingdom
DarGlobal Mansions
– Total units: 570
– Plot sizes: Approximately 2,000 sqm
– Large-scale mansions
– A mix of branded and unbranded residences
– Designed for those seeking privacy, space, and prestige
Pricing & Positioning
– Typical starting prices in this area reach SAR 60 million
– Our starting prices are incredibly competitive, from SAR 35 million
As Saudi Arabia’s Vision 2030 initiatives accelerate, a clear hierarchy is beginning to form within the Kingdom’s real estate market. Much like Palm Jumeirah or Emirates Hills did for Dubai, select locations in Riyadh are now establishing themselves as long-term value anchors rather than cyclical development stories. One of the most compelling of these is the Diriyah–Wadi Safar corridor.
Wadi Safar is not being developed as a conventional residential community. It is a deliberately low-density, ultra-luxury destination positioned just minutes from Riyadh’s core commercial districts and fully integrated into the wider Diriyah masterplan. The focus here is on branded hospitality, resort living, private members’ amenities and highly curated residential stock — a format designed to attract both international capital and Saudi Arabia’s growing high-net-worth population.
What differentiates Wadi Safar from most Saudi residential developments is the nature of its demand. Supply is intentionally limited, with residences tied to globally recognised hospitality brands such as Aman, Six Senses and other ultra-luxury operators. These are not volume-housing plays; they are experience-driven assets, with value underpinned by brand, service, exclusivity, and long-term scarcity. Historically, this segment has demonstrated far greater resilience through market cycles and consistently outperforms non-branded luxury stock in both capital appreciation and rental premiums.
From a Riyadh market perspective, Wadi Safar effectively raises the ceiling on what “prime” means in the city. Until now, premium residential value has been concentrated in areas such as the Diplomatic Quarter, Hittin and Al Nakheel. The introduction of branded villas and resort-linked residences creates a new benchmark, likely to reprice surrounding land values and reposition western Riyadh as the city’s most prestigious residential corridor over the next five to ten years.
Timing is also essential. Diriyah is moving from vision to execution. Major infrastructure works are well underway, hospitality contracts are being awarded, and the first phases of hotels and residences are scheduled to come online progressively from 2026 onwards. As openings and handovers begin, price discovery will shift from speculative pricing to real transactional benchmarks — historically the point at which the most substantial value uplift occurs in destination-led developments.
At a national level, upcoming foreign ownership reforms and continued government support for giga-projects are expected to broaden the buyer pool, particularly for globally recognisable branded assets. This mirrors patterns seen previously in Dubai, where international accessibility combined with branded residential supply led to sustained demand from both lifestyle buyers and capital allocators.
It’s important to note that Wadi Safar is not designed to influence Riyadh’s mass residential market. Its impact is strategic rather than volumetric. For investors focused on capital preservation, scarcity-driven appreciation and exposure to Saudi Arabia’s highest-quality real estate assets, however, it represents one of the most compelling long-term opportunities currently emerging in the Kingdom.
We will continue to monitor pricing, delivery milestones and early transaction data closely and will share specific opportunities as they become available.
Discover our range of Saudi Arabia Property Investments here. This list will continue to grow and expand over the coming years.
Next year, in 2026, we will formally open our Riyadh office, after becoming one of the most successful agencies in Saudi Arabia in 2025.
Jeddah and Riyadh dominate the Saudi market, so we decided to take a look at the regions from a numbers perspective and compare the two.
Both are underpinned by the legal reforms of the real-estate landscape, with Freehold ownership coming into full effect in January 2026. This represents a fantastic opportunity to get ahead of the real-estate investment curve as the Kingdom targets over $100bn of foreign real estate investment by 2030.
Jeddah
Jeddah, known as Saudi Arabia’s Red Sea lifestyle hub, has a warm family feel, but, geographically and commercially, acts as the Western gateway. Jeddah perfectly combines robust international trade access, heritage and luxury coastal living. It is fast becoming a leading global destination for tourism, business and real-estate investment.
For many years, the Red Sea coast has served as a direct trade link to major global trade routes. Over more recent years, the Red Sea shoreline has become Saudi Arabia’s home for marine leisure and luxury tourism. Locally, you have UNESCO-listed districts such as Al-Balad, which perfectly blend the exceptional cultural heritage with the modern redevelopment.
Jeddah’s residential real-estate market excelled in 2025; transaction volumes increased noticeably (Transaction Volumes were up over 24% YOY), and total transaction value rose.
In Q2 2025, the average apartment price in Jeddah reached SAR 4,324/m² (with variation by district), and villa prices were around SAR 5,040/m² – lower than in Riyadh.
Demand is increasingly concentrated on lifestyle-oriented developments (waterfront, gated communities, master-planned compounds) rather than generic inner-city apartments. This is what we see as an advisory: The Fairmont, Trump Tower Jeddah, and Rixos have brought International brands to the region, and locals and international investors alike are seeing these premium, freehold opportunities.
In Q1 2026, we will be launching Trump Plaza, a $1bn mixed-use development, which will see the level rise again in the region. This will coincide with the launch of Royal Atlantis (the first outside Dubai), which will again drive up investment sentiment and the region’s stature.
The commercial/office real-estate market is also seeing some gains, though lender reports flag that rising supply (in the coming years) may exert pressure. If you are investing commercially, we would suggest focusing on prominent, central locations close to freehold designation to maximise international company presence.
Riyadh
Riyadh is the Capital Magnet, transforming Saudi Arabia into an international destination, driven by Vision 2030. Riyadh, home to the business EXPO in 2030, is one of the most dynamic and engaging investment destinations anywhere in the world.
Riyadh contributes nearly half of Saudi Arabia’s non-oil GDP, and its population is projected to exceed 9.5 million by 2030. Riyadh is undergoing an ultra-extensive urban expansion, with major master plans and business districts dominating the landscape, as demand for residential communities and mixed-use developments hits never-before-seen highs.
Commercial space in Riyadh in 2025 reached 98% occupancy, with rents rising 15% YOY. Many blue-chip firms have already signed pre-lease agreements in new developments backed by $1.55 trillion in potential long-term investments, along with major reforms such as the expanded white land tax and a five-year rent freeze.
Strengthening the property market is central to Vision 2030, as the Kingdom works to position itself as a global business and tourism hub. The Real Estate General Authority forecasts the sector will reach $101.6 billion by 2029, expanding at an 8% compound annual growth rate from 2024.
The King Abdullah Financial District remains at the center of Riyadh’s real estate expansion, with plans to double its footprint and accommodate 40,000 daily visitors. Infrastructure upgrades, including the 3.6km monorail, will be aligned with all new-build projects across the region, to make Riyadh a ’10-minute city’.
The numbers are firm: H1 2025 saw property sales surge by 63% year-on-year, with an additional $17.5bn in revenue. Average apartment prices reached SAR 6,100/m² and villas SAR 5,396/m² in June 2025.
Residential rental rates are rising sharply, apartment rents rose 10.3% and villa rents rose 14.4% in the same period.
Riyadh currently lacks comprehensive freehold options that would cater to the broader Western and Eastern world. DAR Global, in partnership with PIF fund and DAR Al Alkan, have timelines in 2026 to transform the real-estate landscape with extensive Golf-course Villa masterplans, the extension of Roshn and then Luxury skyscrapers in the King Abdullah Financial District.
Retail in Riyadh is big business. Saudi Arabia’s retail pipeline includes 800,000 sq. meters of new space, with 100,000 sq. meters due by year-end. Significant developments such as Westfield Riyadh, Bellevue Riyadh, and Avenues Mall are scheduled for completion between 2026 and 2027.
Purchasing In Saudi Arabia
Purchasing in Saudi Arabia is very similar to that in the UAE. All off-plan projects and registrations are secured and covered by WAFI, Saudi Arabia’s equivalent of RERA, which the Ministry of Municipal and Rural Affairs & Housing manages.
All off-plan projects must receive payments into secure Escrow Accounts, and the payment plans are construction-linked to protect investors and give WAFI complete transparency on the progress of projects in the region.
Land Registration is 5%, payable on handover; there are no commissions or additional fees.
You pay a reservation/token fee of 50k SAR, which is then deducted from the down payment, typically 20%.
Properties can be purchased in personal or company names.
2026 and Beyond
As with any Off-Plan project, we work on projects that sit around 30/40% lower than the value they would be if the project were ready.
In the ready market, experts forecast continued price appreciation in Riyadh: some suggest 5–6% annual growth in apartments/villas through 2030, underpinned by sustained demand and limited supply.
For Jeddah, forecasts are more modest but still positive: projected apartment price growth of 3–5% and villa growth of 2–4% (with slightly higher potential in lifestyle/coastal segments) for 2025–2030.
For rental yields, some market commentary expects 2026 yields on prime Jeddah coastal/apartment assets to remain competitive (e.g., 6–8%), especially for high-quality, well-amenitised properties.
The numbers are all positive in the immediate build term of projects, so positive market appreciation, combined with build appreciation and luxury product investors, should put them in a powerful position over the immediate, medium, and long term.
Discover our range of Saudi Arabia Property Investments here. This list will continue to grow and expand over the coming years.
Saudi Arabia shows no sign of slowing….
A $1 billion Trump Plaza project is coming to Saudi Arabia’s Jeddah soon, as US President Donald Trump’s family business expands in the Gulf.
Dar Global, the London-listed international luxury real estate developer, announced the landmark collaboration with the Trump Organization on Monday.
The mixed-use development, strategically located along King Abdulaziz Road in the heart of the city, Trump Plaza Jeddah is valued at over USD 1 billion. It will transform the skyline with a world-class mixed-use community. The development will include premium residences, serviced apartments, Grade-A office space, and exclusive townhouses. At the center of the master plan will be a Central Park-inspired green spine, a landscaped park running the length of the development, anchoring the residences and serviced apartments and bringing the essence of Manhattan to Jeddah.
The bulk of the Trump Organisation’s business is in the United States, but it has significant interests overseas, including in Saudi Arabia and the United Arab Emirates. It has partnered with Dar Global, the international arm of Saudi Arabia’s Dar Al Arkan Real Estate Development Company, on several projects, including plans for Trump Towers in Dubai and Jeddah, as well as a real estate project in Qatar.
The Jeddah Plaza project will include premium residences and serviced apartments as well as office space and exclusive townhouses, Dar Global said, adding it would also feature a Central Park-inspired park running the length of the development.
“Designed to redefine urban living in Saudi Arabia, Trump Plaza Jeddah integrates living, working and leisure into one seamless destination, “ said the company, which quoted Executive Vice President of the Trump Organisation Eric Trump as saying, ”this project embodies our vision of excellence by blending world-class hospitality, modern living and dynamic business environments”.
Designed to redefine urban living in Saudi Arabia, Trump Plaza Jeddah seamlessly integrates living, working, and leisure into one destination. It will feature offices adjacent to serviced apartments and premium residences, creating a community where people can live and work in the same location. Thoughtfully designed home offices will be incorporated as an extension of private residences, while a premium retail courtyard and a curated mix of F&B concepts will enrich the lifestyle offering.
“We are delivering a unique lifestyle destination that reflects both Manhattan’s vibrancy and Jeddah’s strategic role as a cultural and commercial hub,” also said Ziad El Chaar, CEO of Dar Global.
Discover our range of Saudi Arabia Property Investments here. This list is expected to continue growing and expanding over the coming years.
Saudi Arabia continues to push the boundaries across multiple sectors, and none more so than the Real Estate Sector. Off Plan Dubai, now in just over 18 months, has transacted over 500m SAR of real estate with HNWI investors, Family/Private offices, and this rapid growth shows no signs of slowing down.
We have now been operational and profitable for over 10 years, initially focusing solely on Dubai, and we have since added London and Manchester to our investment portfolio offerings. The UK has some of the tightest regulations seen anywhere in the world. Following the 2008 market crash, RERA revamped many aspects of the Real Estate process in Dubai, and as such, investors are much more protected than they were previously.
Saudi Arabia, driven by multi-layered growth, emerged as a market we aimed to target comprehensively. Our investors sought diverse options, and we sought to accelerate our growth and establish ourselves as a leading international player in the Real Estate sector.
Our primary concern was investor protection and the regulations that safeguard investor capital. We conducted a thorough review of the process, and the primary protection framework is outlined in the WAFI agreement. Here is a concise summary of how it works and how it compares to the REAR regulations in Dubai.
The Wafi program is Saudi Arabia’s regulatory framework governing the sale and marketing of off-plan real estate projects. Administered by the Ministry of Municipal and Rural Affairs and Housing, it ensures that developers cannot simply launch and sell projects without meeting strict licensing and financial conditions. To secure approval, a developer must present detailed project plans, economic feasibility studies, and secure guarantees, with all customer payments deposited into a dedicated, regulated Escrow Account. These funds can only be released in line with verified construction progress, preventing misuse of investor money and reducing the risk of incomplete developments.
For investors, this means that when they sign a Wafi Agreement, they are legally protected: developers are monitored, construction progress is independently reviewed, and buyers’ funds are safeguarded. This framework aligns Saudi Arabia with global standards, similar to escrow systems used in Dubai, and reflects the government’s aim to build trust and transparency in the off-plan market. By requiring financial discipline and strict oversight, WAFI helps ensure that investors are not just buying into promises, but into regulated, deliverable projects. As an advisory, we always aim to work with projects where payments on the payment plan are construction-linked. Only once the independent surveyor has verified a construction milestone can a payment request be initiated.
Here’s a clear side-by-side comparison of Saudi Arabia’s WAFI system and Dubai’s RERA escrow law, tailored for investors considering off-plan property:
WAFI (Saudi Arabia) vs RERA Escrow (Dubai)
1. Regulatory Body
2. Developer Requirements
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WAFI: Developers must obtain a WAFI license, provide feasibility studies, and meet strict financial guarantees before selling.
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RERA: Developers must register projects with RERA, open a project-specific escrow account, and submit financial guarantees.
3. Buyer Payment Protection
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WAFI: All buyer payments go into a regulated escrow account; funds are released only after verified construction progress.
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RERA: Payments are also held in escrow and released to developers according to construction milestones confirmed by independent auditors.
4. Oversight & Monitoring
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WAFI: Regular audits, inspections, and progress checks by licensed engineers appointed by the ministry.
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RERA: Continuous monitoring with mandatory developer reporting and independent audit verification.
5. Penalties for Non-Compliance
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WAFI: Developers face fines, license suspension, and potential blacklisting from future projects.
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RERA: Heavy fines, cancellation of projects, and restrictions on developer activities.
6. Investor Confidence
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WAFI: A relatively newer system (introduced mid-2010s) but increasingly robust, designed to protect buyers and attract foreign investment.
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RERA: Established in 2007 and globally recognised, it provides a strong track record that has built international trust in Dubai’s off-plan market and has vastly improved since the 2008 Market Crash.
Key takeaway for investors: Both systems aim to safeguard buyer funds and ensure delivery, but Dubai’s RERA is more mature and time-tested. At the same time, Saudi Arabia’s WAFI is newer but backed by substantial government reforms under Vision 2030. This positions Saudi off-plan as an emerging, regulated market with increasing protections, similar to Dubai a decade ago.
Discover our range of Saudi Arabia Property Investments here. This list will continue to grow and expand over the coming years.
Off-Plan Dubai from 2024 onwards firmly established itself as a leading player in the Saudi real estate landscape. We have partnered with local funds and developers to invest in the Kingdom through real estate, and we have witnessed the region’s growth in prominence across multiple continents as the world’s smart money moves there in anticipation of the upcoming boom in the real estate sector. We are fast approaching SAR 500m in just under 2 years in the market, that’s not in any way a gloat or showing off. Just a validation that we know the region and investment sector, and are continuing to provide value and insights into an internationally emerging investment destination.
If you’re considering investing in Riyadh real estate, here’s a well-rounded look at the current landscape as of mid-2025:
Why Riyadh Is Attracting Investor Interest:
Vision 2030 and Major Development Projects:
Riyadh sits at the center of Saudi Arabia’s Vision 2030, an ambitious plan to diversify the economy beyond oil. This includes massive infrastructure and urban development initiatives that buoy real estate demand.
Key mega-projects include:
- Riyadh Metro: operational since December 2024, provides critical connectivity across the city.
- New Murabba: a futuristic downtown featuring the Mukaab skyscraper, is set for completion by 2030.
- King Salman Park: on track to be one of the world’s largest urban parks, is opening in 2026.
- King Abdullah Financial District: (KAFD) is a LEED-Platinum mixed-use district catering to businesses and residents.
Strong Market Performance & Growth Trends:
Residential and commercial sectors are seeing heightened activity:
- A 38% jump in real estate transactions in H1 2024, totalling SAR 127.3 billion.
CBRE reports an 18% rise in average rents for office spaces in 2024, with Q1 2025 showing a 21% year-on-year jump, driven by limited available space.
- Property values climbed by 5.1% in Q1 2025.
Market forecasts remain positive:
- JLL anticipates the real estate market’s value to hit $101.6 billion by 2029, with an 8% compound annual growth rate from 2024.
- Crown Continental projects rental yields of 8.5%–9.5% in 2025, property price growth of 3%–7%, and capital appreciation of 4%–8%.
- The residential sector remains robust, and hospitality, retail, and logistics are expanding as well.
Foreign Investment & Ownership Reforms:
- Since 2023, foreigners can now own freehold real estate in many parts of Riyadh, including residential, commercial, and mixed-use projects.
- Other incentives include relaxed ownership rules, long-term residency “Green Card” options, and streamlined regulations.
- Net FDI in Q4 2024 rose by 26%, with projections calling for $100 billion in FDI by 2030.
Legal Reform & Key Timelines:
Starting January 2026, Saudi Arabia will dramatically open its real estate market to foreign ownership—under a finely regulated, zone-based system. This represents a historic shift, enabling international investors, expats, and global firms to participate in the Kingdom’s real estate economy while maintaining protective controls. Legal guidance, awareness of zone-specific rules, and careful compliance will be essential as the policy rolls out.
- On July 25, 2025, Saudi Arabia officially published a groundbreaking law—the Law of Real Estate Ownership and Investment by Non-Saudis—replacing the earlier 2000 framework.
- The law enters into force 180 days after publication, which places its effective date in January 2026.
- Detailed executive regulations defining eligible zones, ownership limits, procedures, and enforcement mechanisms will be published within that 180-day transition period.
Saudi Arabia – Premium Residency (Green Card) Real Estate Investment Visa:
Eligibility Requirements:
- Property Value: Own (or hold usufruct rights to) a residential property in Saudi Arabia valued at ≥ SAR 4 million (~USD 1.07 million).
- No Financing Allowed: The property must be fully developed, mortgage-free, and not financed at any point—meaning purchase must be made in cash without leverage.
- Valuation: It must be appraised by a valuator accredited by the Saudi Authority for Accredited Valuers (Taqeem).
- Residency Duration: The residency remains valid as long as you retain ownership of the qualifying property or usufruct rights over it.
- Fees: A one-time government fee of SAR 4,000 (~USD 1,066), plus a processing fee (often around USD 170), is required for the application.
Benefits Include:
- Reside in Saudi Arabia with your family, including spouses, children under 25, and even parents.
- Visa-free exit and re-entry, and exemptions from expat and dependent fees.
Work and change employers freely in the private sector without needing a local sponsor.
- Own real estate, vehicles, and businesses, and invite relatives via visit visas.
- Use dedicated lanes at airports for faster processing.
Key Risks and Challenges to Be Aware Of:
Off Plan Dubai, as with all investments, especially emerging markets, it is essential to consider any potential pitfalls and obstacles that may present themselves. If we are aware of upcoming issues, we can best plan for them and mitigate them as effectively as possible.
- Regulatory and bureaucratic hurdles: Despite reforms, navigating local bureaucracy can be slow and complex, particularly for foreign investors. In truth, this is why we like working with multi-national developers. They have a process that has been fine-tuned across multiple markets and makes international investing as easy as possible.
- Value volatility: Property values remain tied to broader economic factors, notably oil prices. Saudi Arabia is aiming to thrive beyond the notion of oil dependency and become a functioning state in its own right.
- High prices and affordability issues: Since the pandemic, prices have surged—home prices up 81%, apartments 56%, making ownership increasingly out of reach for many locals.
- White land tax initiative: A new tax (up to 10%) on underdeveloped land aims to curb speculation and encourage development, which may affect investment strategies in undeveloped zones.
- Rental inflation concerns: Anecdotal reports highlight rapid rent hikes, even for older properties. North Riyadh has experienced unprecedented annual jumps from SAR 12,000 to SAR 70,000, despite poor conditions in some buildings.
Prime Investment Areas & Property Types
Promising neighbourhoods for investment (especially for residential, rental, or Airbnb-style units):
- Al Malqa: Upscale villas, well-located.
- Sedra: Home to DAR Global and Roshn Luxury Villas, all centred around a natural Wadi. A crown in Riyadh Real Estate.
- Al Narjis, Al Yasmin: Family-friendly with strong rental demand.
- Al Narjis & Jasmine: Popular with upper-middle-class segments.
- KAFD: High-end residential and office developments.
Other emerging zones include Kairouan and Agate, which are well-connected via highways and business parks. Malaz offers stable, centrally located rentals.
Strategic Takeaways for Investors:
- Capitalise on transformation by investing in areas tied to infrastructure or mega-projects (Metro, New Murabba, Park, KAFD) to harness growth and appreciation.
- Prioritise locations with solid rental demand and institutional interest (e.g., family neighbourhoods, business zones).
- Understand local dynamics: Use regulated, licensed developers; be mindful of community fees, handover timelines, and transparency.
- Consider foreign ownership structures: Take advantage of new freehold ownership rules and residency incentives.
- Factor in policy and taxes: The white land tax may impact undeveloped land; monitor for future regulatory shifts.
DAR Global:
The leading developer in Saudi Arabia with an international presence is the London Stock Exchange-listed DAR Global.
Having launched 200 ultra-exclusive villas in partnership with Mouawad, along with a Trump tower in Jeddah, 2025 has been about acquisitions and the planning for future launches in Riyadh. We are expecting a Trump Tower in Riyadh by 2026, along with a multi-layered master plan featuring luxury Villas, Apartments, and a Trump International Golf Club on an unspecified, expensive plot.
Here’s what Dar Global currently has in the pipeline for Riyadh real estate, based on the most up-to-date information:
- SAR 880 Million (≈ $235M) Luxury Residential Project with MouawadDar Global has partnered with luxury jeweller Mouawad to deliver a highly branded residential project near the World Expo 2030 site in north Riyadh. The development comprises 200 luxury villas, merging contemporary design with Mouawad’s craftsmanship—positioned to become one of Riyadh’s most prestigious addresses.
Key strategic advantages:
- Taps into Saudi Arabia’s Premium Residency program, where buyers investing SAR 4 million (≈ $1 million) or more are eligible for residency benefits. Represents Dar Global’s market entry into Saudi Arabia, introducing internationally branded luxury residential standards.
- Land Acquisitions in Riyadh — $297 MillionIn March 2025, Dar Global invested $297 million to acquire 190 fully developed plots in Riyadh from its parent company, Dar Al Arkan. These plots are projected to yield a gross development value (GDV) of around $800 million.
Why it matters:
This significant land purchase positions Dar Global to launch additional residential-led developments in Riyadh, expanding beyond the Mouawad villas into broader luxury or high-end residential offerings. DAR Global is famous for its branded residences with Lamborghini, Pagani, Trump, Fendi, W, Missoni, Elie Saab, Mouawad and others among its elaborate list of branded options across the globe. Expect some of the most prominent designers and brands to enter the Saudi market in 2026 and beyond.
Strategic Context & Outlook
- Dar Global is establishing a strategic footprint in Saudi Arabia, leveraging its parent Dar Al Arkan’s local expertise and relationships.
- The company is pursuing a brand-driven approach, partnering with luxury names like Mouawad to differentiate its properties and appeal to wealthy, internationally mobile clients.
- Combined with the land investments, Dar Global appears poised to become a leading luxury developer in Riyadh, aligning with Vision 2030’s broader goals of economic diversification and global appeal.
Final Thoughts:
Riyadh is currently one of the most dynamic and opportunity-rich real estate markets in the region, driven by infrastructure, broad reforms, and rapid economic diversification. With high yields, robust capital appreciation, and more open access for international investors, it’s a compelling time to consider strategic real estate ventures.
That said, success hinges on due diligence, selecting the correct location, understanding regulatory frameworks, and aligning with long-term secular trends rather than speculative fever.
Let me know if you’d like help diving into specific neighbourhoods, returned yields, developer reputations, or navigating foreign investment compliance.
Discover our range of Saudi Arabia Property Investments here
Dear Investors,
I hope you’re all doing well.
Our advisory and office has recently placed ever-growing emphasis on Abu Dhabi as an investment destination. We have done this for several reasons, but here are the numbers behind our decision to place a substantial interest in the Abu Dhabi Market.
Before we start, this isn’t a slant on Dubai. Dubai is my family home for a good proportion of the year. It’s where Off Plan Dubai is based, and the market is as strong now as we have ever been. However, we must consider reports like the Fitch report as they stand; you cannot simply overlook the potential negatives and focus solely on the positives.
Below is a tight, practical comparison of Abu Dhabi vs Dubai for H2-2025 and into 2026 (the next 18 months), plus a clear recommendation depending on your risk/timeline.
Quick headline summary
- Abu Dhabi: steadier, supply-constrained, institutional demand (Aldar, Modon etc..). Expect continued modest price/rental gains and lower volatility.
- Dubai: enormous transaction volumes and rapid price gains in 2024–H1- 2025 but facing meaningful downside risk from rising supply – some forecasters (Fitch) expect a correction through H2-2025/into 2026: higher upside potential but higher short-term risk.
Future Property Supply Vs Population Growth
Abu Dhabi purposely launches fewer projects, whereas Dubai has many private developers, resulting in more frequent launches. A typical off-plan project takes 3-4 years to complete. So let’s look at the Population Growth numbers vs the oncoming supply.
2021-2024
Dubai – 212,000 Units sold
Abu Dhabi – 22,000 Units sold
Dubai sold just over 9 times more properties than Abu Dhabi in the last 3 years, and that number jumps even further when you look at the sales YTD in both locations.
2025 YTD
Dubai – 66,029 Units sold
Abu Dhabi – 4,307 Units sold
In Dubai, there’s now a 15-fold increase in the same period for 2025.
Population Growth (June 2025 We received the census for 2024.)
Dubai – 169,000 increase (+4.5% = 3.86 million added)
Abu Dhabi – 288,840 increase (+7.5% = 4.14 million added)
As of June 2025, the population of the United Arab Emirates stands at 11.35 million. Both the populations in Abu Dhabi and Dubai are very similar, with each having just under 4 million people. The density in Abu Dhabi is much lower.
Measuring the impact of these numbers?
For every off-plan unit sold, we can see how many new residents were added to fulfil that level of demand.
In Dubai: 1.5 new residents per off-plan unit sold.
In contrast;
Abu Dhabi: 27 new residents for every off-plan unit sold.
The numbers show that in Abu Dhabi, you can be fully assured with any off-plan purchase that the increase in population will impact the demand, and ultimately the value and rental yield over the coming years. Tight supply, with increased growth, is the bedrock of any thriving real-estate market. This can be seen as a country as a whole, or in micro-markets across the region.
What does that mean for H2-2025 → 2026 (next 18 months)
Abu Dhabi (lower volatility / steady upside)
- Why: tighter supply, strong domestic & institutional demand, fewer speculative off-plan pushes.
- Expectation: modest-to-solid price and rental growth (single-digit % gains over the next 12–18 months likely), lower downside risk. Suitable for capital preservation + steady yield.
Dubai (higher upside, higher risk)
- Why: extremely high transaction velocity and investor appetite, lots of off-plan launches and villa building → possibility of oversupply; macro/credit risks could trigger a correction.
- Expectation: higher short-term volatility — pockets (villas/prime) may continue to outperform; some analysts warn of a price correction up to mid-teens % if supply and sentiment shift, best rewards if you buy right (location/timing) and can stomach potential downside.
Conclusion:
In Dubai, be picky, vigilant and invest in the best products in the best locations. Use trusted brands/developers who will deliver the strongest options.
Abu Dhabi has its upside. You can live in Hudayriyat Island in a full Sea View villa with a price per sqft of just AED 1600 per sqft. You can comfortably pay that in Dubai to live 20 minutes into the desert.
We will keep you informed of the best options across both regions, and as always, we would only advise what we personally would invest in.
Personally, I am seeing friends and family moving to Abu Dhabi for logistical reasons, such as traffic and a slower pace, as individuals become families. My next personal purchase will be a Villa on Fahid or Hudayriyat Island, as well as the upcoming Trump Tower launch in the Capital.
At Off Plan Dubai, we pride ourselves on bringing investors the best real estate investments in the world. We show up, take action and provide investors with the best options from the world’s leading developers.
2025 has a new player… Saudi Arabia.
As it lies in the GCC and in many ways is the cultural, religious and investment heart of the Middle East, we ask a question that many investors are now asking: Is Saudi Arabia the new Dubai?
Our take is that Saudi Arabia is not the new Dubai, but it is aiming to become something even bigger and more influential in its unique way.
It is May 2002, and Dubai’s real estate landscape is about to change forever. Dubai overnight issues a decree that allowed non-GCC nationals to buy, sell and lease property in selected developments. The property market changed forever, the floodgates were opened, and international buyers and investors, primarily from Europe, South Asia and the Middle East, flooded the market. Developers like Emaar, Nakheel and Dubai Properties launched mega projects such as The Palm Jumeirah, Dubai Marina, Downtown Dubai (Burj Khalifa), Jumeirah Lakes Towers, etc. Prices surged as demand outstripped supply and Dubai’s skyline was to become unrecognisable as construction boomed. To manage this, we saw the creation of regulatory bodies such as RERA (Real Estate Regulatory Authority) in 2007 and the Dubai Land Department (DLD). These bodies brought transparency, regulation, and investor protection into the market.
Last week, we got the news that many had been waiting for: Saudi Arabia is opening its Real Estate market to foreign investors. Over 1200 HNWI have already purchased real estate and taken advantage of the Premium Residency. Still, now we will see whole regions become Freehold and attract international investment that previously may have looked elsewhere. If you could go back in time to 2002, would there have been a better real estate investment location than Dubai? Based on history, the opening of the real estate sector can provide opportunities for early investors that may never be seen again.
Here’s a breakdown of the comparison and how Saudi Arabia is positioning itself to investors:
🔹 1. Different Goals, Different Scale
- Dubai became a global hub through tourism, finance, and luxury real estate. It’s a city-state with a fast, nimble model that thrives on growth and foreign investment in the region.
- Saudi Arabia is building entire mega-regions, not just a city — think NEOM, The Line, Diriyah, New Murabba, Red Sea Project, and more. These are multi-trillion-dollar visions backed by state wealth with longer timelines.
- Riyadh and Jeddah, under the new government reforms, will open many of their locations up for foreign investments. The two cities already hold world-class infrastructure, but the influx of foreign investment will help to drive growth across multiple sectors, such as health, education and Real Estate.
🔹 2. Vision 2030: A National Overhaul
Saudi Arabia’s Vision 2030 isn’t just about real estate or tourism — it’s about:
- Diversifying the economy away from oil
- Building entire new industries (tech, entertainment, renewable energy)
- Massive investments in infrastructure, giga-projects, and tourism
- Encouraging foreign direct investment and private sector growth
- Opening the Real Estate market for foreign investment was pivotal to this growth. Minister of Municipal Affairs and Housing and Chairman of the Real Estate General Authority. Al Hogail commended the law, calling it “an extension of the Kingdom’s comprehensive real estate reform agenda. “The updated law aims to increase real estate supply, attract global investors and developers, and further stimulate foreign direct investment (FDI) in the Saudi market.”
🔹 3. Real Estate & Investment
- Saudi Arabia is now opening up to freehold ownership for foreigners in key zones — this is a game-changer, much like Dubai’s 2002 freehold reform. 2002 overnight changed the game for Dubai.
- Demand is growing for luxury residences, hospitality assets, and commercial hubs, but it’s earlier in the curve than Dubai, which may be suitable for long-term investors.
🔹 4. Tourism & Lifestyle
- Dubai is already a leisure powerhouse with global appeal.
- Saudi Arabia is catching up fast: launching events (like Riyadh Season), building tourist destinations (like AMAALA, Red Sea), and easing social restrictions (music, cinema, fashion).
🔹 5. Legal & Cultural Factors
- Dubai offers a more liberal environment, which attracts many Western expats and tourists.
- Saudi Arabia is liberalising, but remains more conservative, though the pace of change has surprised many. Off Plan Dubai spends time regularly in Riyadh and Jeddah, and you will not find anywhere more welcoming and family-oriented.
🔹 Final Take: “Saudi Arabia is not the new Dubai — it’s the new Saudi Arabia.”
- Dubai is a city; Saudi Arabia is a nation of 36 million with resources, space, and ambition to reshape the entire Middle East.
- If the current momentum continues, Riyadh, NEOM, and Jeddah could rival Dubai, not just as competitors, but as part of a new multi-polar Gulf.
- We are firm believers in the full strength of the region. A dynamic, responsive and growing Saudi Arabia is only a positive for the region. HNWI, Family, and private offices looking to establish and open offices in Saudi Arabia will still primarily drive growth and tourism to the UAE.
If you’re thinking from an investment angle, Saudi Arabia may offer:
- Higher long-term upside
- Early-mover advantage
- More risk, but also more reward than the now-mature Dubai market.
Since the middle of 2024, you have seen developers enter the Saudi Market, aligned with some of the most prominent names in the Real Estate world. Trump Tower Jeddah, which is due to be followed by a sister tower in 2026 in Riyadh, as well as the launch of a Trump Masterplan with Golf Course and Villas. DAR Global has launched House of Mouawad Villas in Riyadh, which has been purchased by some of the most prominent business people across the world as the value hits the premium residency requirements for its buyers.
We will always keep investors informed on opportunities across both regions and we are excited to see if the new legislative reforms impact the Saudi market as they did the UAE.
Current Saudi Real Estate Investments
New Murabba has set the Riyadh Investment landscape ablaze with the announcement of the world’s largest downtown area. The scale of the project is awe-inspiring, focusing on the world’s largest structure, the ‘Mukaab’. Off-plan Dubai, at the end of 2023 and throughout 2024/25, has aggressively worked the Saudi market, as we believe it holds some of the world’s most interesting opportunities, with the opening of Premium Residency and the level of wealth entering the region.
Off Plan Dubai will be aligning with New Murabba, a PIF-funded developer, and will provide investors with options for purchasing some of the most exciting Real Estate anywhere in the world. As with any significant new development, it is essential to examine both the Pros and potential Cons.
Here’s a comprehensive look at New Murabba and what it means for Riyadh, including whether residential units are a wise investment in New Murabba.
📌 What is New Murabba?
Scale & scope
- Massive 19 km² (≈25 million m² of built area) mixed-use district in northwestern Riyadh, launched Feb 2023 as part of Vision 2030
- It will house 104k–119k residential units, 9k hotel rooms, 980k–1.4 M m² office space, ≥500k m² retail, 620k m² leisure, 180–1.8 M m² community facilities, a 45k-seat stadium, university, museum, and 80+ cultural venues
The Mukaab
- A central 400 m cube skyscraper — tallest, widest, longest — offering immersive retail, hospitality, residential, cultural, digital experiences, topped with creative tech holographics
- Aims to be the world’s largest by volume and a digital‑physical landmark
Smart & sustainable city
- Designed as a 15‑minute city with walkable green corridors, cycling, internal transit, smart energy grids, water reuse, waste recycling, and EV charging.
Economic ambition
- Projected to add SAR 180 billion (~USD 48 billion) to non‑oil GDP and create 334k jobs by 2030
🌆 Impact on Saudi Arabia & Riyadh Market
Urban tech hub & tourism magnet
It solidifies Riyadh’s position as a global destination for culture and innovation, attracting businesses and talent. New Murabba aim to build the most diverse and forward-thinking Downtown anywhere in the world.
Infrastructure catalyst
With Metro and metro‑adjacent transport links, internal public transit, and proximity to the airport, this zone will redefine connectivity.
Real-estate ripple effect
- Residential prices in Riyadh average
SAR 5,500/m² (£1,050/m²); units inside New Murabba are expected to fetch SAR 8,500/m² (~£1,630/m²)
- Commercial and retail spaces are also expected to command premium pricing, benefiting from increased visitor and tenant demand.
Foreign investment & stability
- Full foreign ownership rules in Saudi developments, along with the Riyadh riyal’s peg to the USD, provide predictability.
- Partnerships with global firms (e.g., Bechtel, Turner Arabia) underpin confidence.
🏠 Is Residential a Good Investment?
Pros
- High-quality infrastructure: innovative technology, sustainability, community amenities, educational, and health facilities.
- Rising prices: built-in premium with clear upside if demand mirrors global mixed-use developments.
- Early-bird advantage: Buying pre-construction or during the early phase is likely to yield better returns.
- Regulatory openness: regulator-friendly for international investors.
Cons
- Megaproject risks: ambitious timelines can slip; New Murabba targets 2030 finish.
- Construction intensity: current chatter suggests that build quality is high, but surrounding construction noise and congestion are expected to persist for a while.
- Pricing sensitivity: Will premium pricing be sustained? Riyadh’s broader market must absorb high‑end products.
🎯 Final Take — Strategic Investment?
- Long-term residential: yes — particularly for luxury apartments or family condos with high finishes and tech features.
- Buy‑to‑let: promising if rental demand arrives from professionals working in the district and short‑term stays.
- Speculative flip: Riskier pricing may plateau if rollout delays or broader market softens.
Bottom line: New Murabba is a visionary development that boosts Riyadh’s real estate trajectory. For well-capitalised investors targeting high-end residential, especially those entering early, it presents a strong opportunity — but do your due diligence on construction updates and phasing.
📅 What to Watch
- Construction progress — excavation nearly done, vertical build phase starting summer 2025
- Transport links — completion dates for metro/rail lines influencing connectivity premium.
- Market velocity — rental and sales absorption rates in nearby early‑phase units (some real-time rental → ~SAR 50k/year for 3 BHK in newer Murabba areas)
Conclusion
As a transformational urban development, New Murabba is poised to reshape Riyadh’s skyline and economy. Residential units here are likely among the best positioned for capital growth, especially for investors who are comfortable with multi-year horizons and potential project volatility.
Please let me know if you’d like insights on specific unit types, pricing trends, or financing options.