Abdulaziz Al-Khulaif, Chairman of Fakhr Najd Real Estate Investment and Development, confirmed that the Saudi real estate sector is achieving positive results in line with Saudi Vision 2030. He highlighted the growing interest of foreign investors in the market, driven by rapid legislative and regulatory developments.
During his remarks on Asharq Bloomberg, he explained that foreign companies have begun establishing regional headquarters in the Kingdom, strengthening their orientation toward real estate investment—particularly in major cities such as Riyadh, Jeddah, Medina, and Mecca.
He pointed to continuous updates to foreign ownership laws, which have helped facilitate investor decision-making and enhance market security. Recent regulations, he added, have also increased the market’s attractiveness and global competitiveness.
Al-Khulaif noted that Saudi Arabia offers significant opportunities for foreign companies across major projects such as NEOM and the Two Holy Mosques, as well as within residential and commercial sectors, emphasizing the importance of delivering added value to ensure success.
Regarding prices, he expects them to reach equilibrium based on supply and demand under government oversight, ensuring market stability and preventing unjustified price spikes.
In the field of real estate marketing, he emphasized the role of modern regulations in organizing relationships among stakeholders. However, he stressed the need for further sector development through process automation and broader exposure of investment opportunities to attract both local and foreign capital better.
He concluded by highlighting the strength of the Saudi market in attracting investments, supported by rewarding opportunities and a stable regulatory environment that protects the rights of all parties.
