Saudi real estate developer projects in 2026
A source-backed tracker of major launches, contracts and construction activity in Riyadh, Jeddah and the Eastern Province—with numbers, news and an H2 watchlist.
Cut-off: 11 July 2026. January–July news is confirmed; H2 items are clearly marked as forward-looking.
Research scope
2026 snapshot
Market read
One market, three very different speeds
Q1 2026 data shows a clear divergence between prices and continuing development activity. A high announcement count does not automatically translate into immediate price growth.
Riyadh Region
-4.4%
Real-estate price index, y/y
Makkah Region
-0.7%
Includes Jeddah; y/y
Eastern Province
+6.9%
Real-estate price index, y/y
Source: GASTAT, Real Estate Price Index Q1 2026.
all real-estate transactions in Q1
residential transactions in Q1
residential handovers in Q1
Riyadh offices scheduled during 2026
Source: CBRE, Saudi Arabia Real Estate Market Review Q1 2026.
Riyadh
The broadest mix of luxury, cultural and urban-infrastructure deals, even as the regional price index fell in Q1.
Four Seasons Hotel & Private Residences Diriyah
A 2026 joint-development agreement for a hospitality and private-residences project inside the Diriyah masterplan.
- SAR 3.1bn development value
- 159 hotel rooms
- 235,938 sqm site area
Trump International Wadi Safar
The first of two planned Trump-branded projects in Riyadh, located within Diriyah’s Wadi Safar destination.
- 2.6m sqm destination area
Taraf Al Khuzam
A new residential launch within the Al Khuzam community in north Riyadh, expanding ROSHN’s capital-city pipeline.
- More than 2,000 homes
- Al Khuzam plans more than 52,000 homes
King Salman International Airport real-estate opportunities
Investment opportunities spanning real estate, commercial and logistics uses inside the new airport masterplan.
- 12 sq km of real-estate development
- 57 sq km masterplan
King Salman Park development packages
Three new packages covering homes, hospitality, offices and retail inside one of Riyadh’s largest urban projects.
- More than SAR 3.2bn
- More than 600 homes
- More than 140 hotel rooms
- About 50,000 sqm offices and retail
Saudi Arabia Museum of Contemporary Art — SAMoCA
A construction contract for a major new cultural landmark in Diriyah with galleries and public facilities.
- SAR 1.84bn contract value
- 45,252 sqm gross floor area
- 77,428 sqm built-up area
Al Qirawan and Al Narjis projects
Two north-Riyadh residential development contracts disclosed through the Saudi Exchange.
- SAR 2.064bn combined value
Jeddah
A strong residential, logistics and tourism pipeline—from thousands of apartments to city-scale masterplans.
Rehab Al Wurayf
An integrated apartment project in east Jeddah within NHC’s portfolio, adding organized residential supply.
- More than 3,300 homes
Trump Plaza Jeddah
A new Jeddah expansion combining branded homes, hospitality and private amenities in an integrated district.
- More than US$1bn development value
- 1m sqm district
- 4,000 sqm private club
Rehab Jeddah Heights
A new apartment project expanding homeownership options in a planned Jeddah community.
- More than 3,900 apartments
- More than 200,000 sqm
- Unit sizes of 123–162 sqm
ROSHN–Agility logistics complex
A partnership for a large Jeddah logistics and commercial complex, targeting construction start in Q4.
- More than SAR 2.5bn
- 1.3m sqm land area
- About 650,000 sqm warehouse and commercial space
Jawharat Al Arous
A vast north-Jeddah urban development with districts, plots and road infrastructure—one of the report’s largest schemes.
- SAR 8bn development value
- More than 107m sqm
- 18 districts and more than 80,000 plots
- More than 700,000 beneficiaries
- 1,344 km of roads
ALAROUS Residence
New Jeddah residences ranging from one to three bedrooms, supported by adjacent retail space.
- 1–3 bedroom units
- More than 7,000 sqm adjacent retail
Jeddah Tower
Construction continues on the landmark tower, with 2026 updates tracking structural progress toward the target completion.
- More than 100 floors
- Height has passed 400 m
- 2028 target completion
Eastern Province
The only report market with strong positive price-index growth, alongside visible housing and leisure activity.
Global City Dammam
A new entertainment and cultural destination that drew strong public demand in 2026, signaling appetite for experiential projects.
- SAR 650m project value
- More than 250,000 visitors
- More than 25,000 requests per day
ALDANAH
A new Eastern Province residential product focused on spacious, family-oriented homes.
- 275 sqm villas
- 246 sqm duplexes
Khobar Terrace waterfront
A new Al Khobar waterfront development combining public space, dining, entertainment and water features.
- More than 20 components
- 400 sqm fountain
Dammam Khor
An urban waterfront project creating new public realm and leisure space in Dammam.
- 45,000 sqm project area
Al-Rasha — Al-Faisaliah
A new housing development adding more than two thousand homes to Eastern Province supply.
- SAR 1.06bn project value
- 2,426 homes
Marasi
A residential community that places a large green park at the center of its family-focused masterplan.
- More than 55,000 sqm park
Aramco Stadium
A new Al Khobar stadium designed for major matches and events, targeting completion by late 2026.
- About 47,000 seats
- Late 2026 target
Where is attention concentrating?
Knight Frank’s survey places Riyadh first, with Jeddah close behind and Dammam retaining meaningful Eastern Province interest.
55%
Riyadh
46%
Jeddah
22%
Dammam
US$6.3bn
potential private global capital for Saudi Arabia
US$1.5bn
ordinary residential interest
US$3.4bn
branded residences interest
Source: Knight Frank, Destination Saudi 2026. Percentages represent respondent preferences, not market shares.
H2 2026
Watchlist
These are expected or targeted milestones, not completed events as of the cut-off date.
King Salman Park: monitor award and delivery progress on the new packages during H2.
Riyadh: about 560,000 sqm of offices scheduled for completion during 2026.
Diriyah and Riyadh: watch Armani Hotel Diriyah and Conrad Riyadh openings.
Jeddah: Regent Jeddah remains on the 2026 hospitality watchlist.
ROSHN–Agility: construction start targeted for Q4 2026.
Aramco Stadium: completion targeted for late 2026.
Fun facts
Putting the numbers in perspective
107m m²
Jawharat Al Arous is larger than many small cities.
4,000 m²
Trump Plaza’s club is roughly the area of 15 doubles tennis courts.
3.5 sec
25,000 daily Global City requests equals one about every 3.5 seconds.
11 pitches
SAMoCA’s built-up area is roughly 11 football pitches.
≈4%
Taraf’s 2,000+ homes equal about 4% of Al Khuzam’s planned stock.
97.7%
Riyadh office occupancy in Q1, versus 94% Jeddah and 91% Dammam.
Methodology
How the data was assembled
The research screened announcements published from 1 January through 11 July 2026, then separated confirmed news from H2 targets.
Priority went to developer, government and Saudi Exchange sources; GASTAT, CBRE and Knight Frank were used to place projects in market context.
US-dollar values are shown as reported. Figures described as “more than” or “about” were not converted into false precision. This is informational research, not investment advice.
Core market sources
Turn market movement into operating decisions
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