Dr. Majed Al-Rukban, a specialist in the real estate sector, confirmed that Riyadh’s property market is delivering positive results thanks to the Crown Prince’s decisions aimed at developing the sector.
According to data from the third and fourth quarters of 2025, the market shows quarter-on-quarter improvement despite annual pressure, with this phase considered a period of restructuring and realistic repricing.
Al-Rukban explained that prices have declined for the first time in four years, without affecting construction activity, transaction volumes, or rental stability. He emphasized that recent developments are promising and support the sector’s continued growth.
He also pointed to varying levels of demand between cities and regions, noting that Riyadh is witnessing a notable increase in residential demand. Demand for commercial and office properties is also growing as the city transforms into a major hub for business and events. He praised the impact of the Crown Prince’s regulatory reforms in strengthening this growth, which is expected to continue into next year.
Regarding off-plan sales projects, Al-Rukban highlighted a 350% surge in the number of units offered, helping to transform white land into productive assets and shifting the market from speculation toward development and maturity.
As for adherence to project timelines, Al-Rukban noted that previous challenges have been overcome, with several projects now being delivered in line with required specifications.
In terms of real estate financing, the market recorded a limited quarterly decline and modest annual growth. He expects demand to increase with lower interest rates and opportunities for price corrections, which would enhance foreign investment, particularly in Riyadh.
Al-Rukban concluded by affirming that Riyadh’s real estate market is experiencing sustainable and stable growth, demonstrating flexibility in dealing with price changes and supported by a strong shift toward development and diversified projects that strengthen future growth prospects.
