Jeddah’s real estate sector — like many across the Kingdom — has entered a phase of accelerated growth, backed by the country's economic and social development. As one of the key pillars supporting the sustainability of Saudi Arabia’s economy, the property market continues to gain momentum, particularly under the ambitious plans of Vision 2030. Alongside government initiatives, private developers have played a vital role in enhancing quality of life and meeting the evolving needs of both residents and investors. Below, we highlight some of the leading real estate developers in Jeddah that are sharing its urban landscape through innovative and diverse solutions.
Al Mashariq First Projects: A Model of Integrated Real Estate Development
With over a decade of experience, Al Mashariq First Projects has emerged as a leading force in Jeddah’s real estate scene. The company is known for delivering both residential and commercial units designed according to contemporary standards, with a focus on meeting the needs of a wide and varied clientele. The company provides an integrated set of services that include:
- Real Estate Development – Executing residential and commercial projects using cutting-edge construction and design technologies.
- Real Estate Investment – Owning a broad portfolio of assets, including apartments, villas and land for sale.
- Property Management – Providing comprehensive services that cover maintenance, security, cleanliness and emergency support.
- After-Sales Services – Overseeing the preparation of residential units and ensuring maintenance throughout the warranty period.
The company’s expertise is exemplified in its flagship project, Rose Villa, a harmonious blend of smart housing and luxurious living — a testament to its meticulous attention to detail and commitment to providing a refined residential experience.
Al Bakri & Banaja Group: A Holistic Approach to Development
Al Bakri & Banaja Group enjoys a well-earned reputation as one of Jeddah’s most respected real estate developers. What sets this group apart is its dual focus on both developing new properties and renovating older buildings, thereby increasing their market value. The group’s success lies in its collaborative, multidisciplinary team that delivers end-to-end services, from planning and design to construction and marketing.
Choosing a developer like Al Bakri & Banaja means engaging with an entity backed by a network of experts — ensuring the highest standards in every aspect of the real estate development process.
Seen Real Estate: A Firm Rooted in Vision 2030
Seen Real Estate stands out as a company that adopts the Kingdom’s Vision 2030 as a fundamental basis for all its operations. The firm’s commitment to the Kingdom’s sustainable future reflects in its projects, which offer high-quality housing with modern designs that meet the aspirations of Saudi youth.
Seen goes beyond simply building residences — it crafts integrated lifestyles that offer comfort, security and a sense of well-being. The company places a strong emphasis on applying eco-friendly construction methods and high standards of energy conservation. It also carefully selects prime locations to ensure its projects offer a superior quality of life and residential services.
Durrah Real Estate: Empowering Saudi Families to Own Homes
Since its establishment in 2017, Durrah Real Estate has achieved great success in residential development, delivering over 51 competitively priced housing projects that have helped thousands of Saudi families realise their dream of home ownership.
What distinguishes Durrah is its fully integrated service model — guiding clients from property selection through to after-sales support. The company offers a wide variety of spacing layouts and architectural styles designed to suit various preferences and neighbourhoods across the city.
Lavida Real Estate: Strategic Partnerships and Community Commitment
Operating under the umbrella of Dar Hayat Housing, Lavida Real Estate is known for its innovative real estate solutions and its strategic partnerships with some of Jeddah’s most influential developers. This collaboration has resulted in the successful delivery of more than 4,000 residential and commercial units.
Lavida’s ambition is to become the go-to choice for clients in search of holistic real estate and investment services. The company also demonstrates strong corporate social responsibility — supporting charitable projects and conducting educational studies to help individuals achieve home ownership. Its offerings are thoughtfully aligned with Islamic Sharia principles and take into account the needs of the local community.
The Saudi Government’s Role in Supporting Real Estate Growth
It’s impossible to discuss the prosperity of Jeddah’s property market without acknowledging the critical role played by the Saudi government. A range of forward-looking policies and initiatives has positioned the sector as a key driver of economic diversification. Key efforts include:
- The Housing Programme – A cornerstone of Vision 2030, this initiative aims to increase the rate of home ownership in Saudi Arabia to 70% by the end of the decade.
- Property Legislation – Strong legal frameworks have been implemented to protect both investors and developers, creating a more regulated market and more secure and attractive investment environment.
- Support for Start-ups – The government has rolled out financing programmes for emerging real estate firms, enhancing opportunities for innovation and development within the industry.
Jeddah’s real estate market remains dynamic and full of opportunity. With continued support from the public sector and the dedication of private developers, the sector is set for a vibrant future. Quality, innovation and sustainability will remain the drivers of growth — guiding Jeddah, and the Kingdom at large, into a new era of real estate excellence.
