The Kingdom of Saudi Arabia is one of the most exciting destinations in the region for luxury property, offering a variety of options in key Saudi cities. These include single-family homes and homes in private residential neighbourhoods that benefit from the highest design standards and access to high-quality facilities and services.
The capital, Riyadh, is a vital commercial and economic centre that has an abundance of opportunities for investment and employment. The city has plenty of residential options to cater to its increasingly diverse inhabitants, including high-rise apartment towers and gated villa communities.
Among the most luxurious offerings in Riyadh, there is the neighbourhood of Sulaymaniyah, which contains some of the city’s most expensive homes for sale and for rent. It is characterised by its premium amenities, a great selection of hotels and restaurants, and fantastic educational, health and entertainment options.
Al-Malaz district, which is sometimes referred to as ‘New Riyadh’, is a neighborhood of villas that feature exceptional design, set amidst streets with a distinctive and spacious layout. The most prominent addresses are the 60th and University Streets and Dhahran, known for their tranquil environment and for having an overall air of sophistication.
Looking further into the heart of Riyadh, we have Olaya, which is classified as one of the largest and most important residential neighborhoods in the city, and is highly sought-after by the most distinguished homebuyers and investors. It includes some of the finest villas in the city and is in close proximity to key landmarks in Riyadh. Al Sahab is another key area, whose importance comes from its proximity to government institutions and other vital urban centres.
Jeddah, the second largest city in the Kingdom, is distinguished by its view of the Red Sea and features some fantastic waterfront residential options. The most significant is Al Khalidiyah in northwest Jeddah, which is bordered by King Abdul Aziz Road and includes a great variety of residential options as well a large number of commercial offices and essential services.
Al Rawdah, which adjoins Al Khalidiyah, includes a selection of high-end homes and villas that are popular amongst affluent residents. It is also the site of many hotels, restaurants, commercial centers, service and entertainment facilities. Its distinguished location on the city's Corniche is a highlight of the neighbourhood that makes it highly desirable.
Further east, there are several high-end housing options in the city of Dammam, which overlooks the Arabian Gulf. It is unofficially considered to be the eastern capital of the Kingdom and has several prime neighbourhoods such as Al Shati, which is the finest and most expensive area in the city due to its distinguished location that extends about 3 kilometers into the sea. It is an important hub for real estate investment in Dammam, and overlooks the bustling King Abdul Aziz Port.
Al Faisaliah is another prominent and prestigious neighbourhood in Dammam that is characterised by its clusters of residential villas.
The geographical diversity of the Kingdom of Saudi Arabia, in addition to its investment initiatives and growing commercial activity, has helped transform Saudi Arabia into one of the most important residential and real estate investment destinations in the Middle East. This has resulted in a growing availability of high-end housing options within a competitive environment that are aimed at attracting large numbers of new residents over the short to medium term.
