Samer Choucair: Riyadh Real Estate Enters a New Growth Phase and Attracts Long-Term Capital
Entrepreneur Samer Choucair said the strong performance of Riyadh’s real estate market reflects a structural transformation in the Saudi economy and confirms the capital’s growing appeal to domestic and international investors, supported by economic reforms and projects associated with Saudi Vision 2030.
Choucair explained that recent data indicate the average price per square metre for apartments in central Riyadh reached approximately $2,961 in 2026.
This represents substantial growth compared with price levels a decade earlier, while remaining below those recorded in several major Gulf property markets, including Dubai, Abu Dhabi, and Doha.
He noted that this gives the Saudi market additional room for growth based on underlying supply-and-demand fundamentals.
Samer Choucair added that the market’s performance is linked to several economic factors, including expanding commercial activity, increased investment in major projects, the attraction of international companies establishing regional headquarters in the Kingdom, and continued development across infrastructure and services.
He noted that institutional investors increasingly view Riyadh as a market combining strong economic growth with attractive valuations.
This strengthens investment opportunities in income-generating real estate assets, mixed-use developments, and real estate investment trusts, particularly as demand continues for high-quality residential and commercial properties.
Entrepreneur Samer Choucair emphasized that Saudi Arabia’s real estate sector is benefiting from an increasingly sophisticated investment environment supported by stronger regulation, expanding financing instruments, and greater transparency.
These developments are improving the market’s appeal to both domestic and foreign investors.
Choucair added that the next phase will bring greater focus on asset quality and management efficiency rather than reliance on price appreciation alone.
Projects connected to new economic districts, transportation networks, and commercial and administrative centres are expected to be among the principal beneficiaries of the ongoing transformation.
Concluding his remarks, Samer Choucair said the success of Riyadh’s real estate market should not be measured solely by rising prices, but by its ability to deliver sustainable growth aligned with the city’s economic and population expansion.
He emphasized that investment opportunities supported by genuine demand will strengthen Riyadh’s position as one of the region’s leading long-term investment destinations in the years ahead.