The Middle-East.Realestate platform offers over 772 listings of property for sale in Riyadh, Saudi Arabia, published directly by developers and trusted agencies. The database is updated daily, both manually and automatically and features a convenient filtering system. These filters allow you to select properties by type and number of bedrooms, as well as calculate property prices in Riyadh in rubles, dollars and the national currency. After selecting a property, you can contact the seller to clarify any questions regarding the property's characteristics or the purchase process.
Foreign nationals can buy local property, but certain restrictions apply. A government permit is required to complete the purchase.
The minimum price of real estate for sale in Riyadh is USD 106604.
The most expensive property is listed for sale at USD 6.7 million.
The most popular districts for buying apartments and houses in Saudi Arabia include Al Malaz, Al Yasmin and Al Khuzama. These communities offer diverse investment opportunities and comfortable living conditions.
Foreigners buy properties in Riyadh for investment and living due to career and business opportunities, excellent infrastructure and a high quality of life. The city offers employment in the oil, finance and technology sectors, modern residential complexes and a secure stable environment. Programmes like Vision 2030 are driving advancements in technology, tourism and healthcare, making the capital increasingly attractive to expatriates.
Real estate in Riyadh
As the largest city and the political and administrative centre of the country, Riyadh is known for its rapid economic growth and numerous modern architectural projects. The city is undergoing significant development under the Vision 2030 plan, which focuses on economic diversification and attracting investment capital. Innovative districts and tourist zones are being created, increasing interest from foreign investors.
Riyadh’s real estate market offers a wide range of options, from luxurious villas and apartments to affordable studios. Modern developments provide a comfortable lifestyle with amenities such as swimming pools for adults and children, fully equipped gyms, playgrounds and park areas.
The market is also open to foreign investors, with the government simplifying the purchasing process to attract international buyers. This makes Riyadh a prime location for long-term investments.
However, it’s important to consider local laws and traditions when buying property. Consulting professional agents who are well-versed in the legal aspects of the process is recommended to ensure a smooth transaction.
Some of the best areas for living include:
- Al Malaz: A prestigious and green district popular among families. It offers numerous schools, medical facilities and major shopping centres like Al Rajhi Tower. With a high level of security and convenience, this district is highly sought after for long-term residence.
- Sulaimania: One of the busiest districts in the capital. With a wide range of shopping and entertainment options, including restaurants, cafés and leisure centres, it offers a comfortable lifestyle. Housing prices here are above average, but the district is considered one of the best in terms of convenience and accessibility of services.
Benefits of investing in Riyadh real estate
Investing property in Riyadh is showing steady growth. In Q4 2024, the prices of villas and apartments in Saudi Arabia increased by 3.1%. The most significant rise was in the price of standalone houses, which grew by 6.5%. This trend enables property owners to resell homes at a substantial profit.
Investment real estate in Riyadh at the construction stage remains promising, with property values increasing by up to 20% by the time of completion. This makes investments in new developments highly profitable.
Long-term rental properties offer a stable income, yielding an average annual return of 6.93%.
For investment purposes, consider the following districts in Riyadh:
- King Abdullah Financial District (KAFD): A major financial and business hub in the city, home to numerous offices and commercial buildings.
- Diplomatic Quarter: An exclusive district housing various embassies and consulates. Its high level of security, green parks and modern amenities drive demand for apartments and villas among foreign diplomats and employees of international organisations.
- Al Khuzama: A newly developing community featuring modern residential complexes. This area is ideal for long-term rentals and resale, with property values expected to rise significantly.
Buying property in Riyadh
Our platform offers a fast and convenient property search experience in the Middle East. Our website features a user-friendly and intuitive interface, providing detailed descriptions, high-quality photos and up-to-date information to help you make informed decisions. Start your search now to find the perfect property in Saudi Arabia.