International / Middle East

Kingdom of Saudi Arabia

An emerging luxury frontier driven by Vision 2030.

About

Why Saudi Arabia

Saudi Arabia's Vision 2030 is transforming the property market. Foreign ownership has progressively opened in designated zones, gigaprojects are introducing internationally-styled inventory, and Riyadh has emerged as a major regional financial centre.

The market is expanding rapidly but remains less mature than the UAE. Premium assets often transact privately, and access depends heavily on local relationships.

Vision 2030 reform programme in motion

Premium Residency programme for qualifying buyers

Expanding foreign-ownership zones

USD-pegged Saudi riyal

Markets we cover

Cities & Regions

The neighbourhoods, marinas, and coastlines our local partners know best.

Riyadh

Corporate and cultural capital. Diplomatic Quarter, KAFD, and northern districts dominate the prime market.

Jeddah

Red Sea coastal capital. Older luxury market with new gigaproject-driven inventory along the Corniche.

NEOM

The futuristic gigaproject in Tabuk — a long-horizon market for early positioning at the highest tier.

Market Overview

How the Saudi Arabia market is moving

Demand is strong and rising, especially in Riyadh as global firms relocate regional headquarters. Prime values are catching up to wider Gulf peers.

Key indicators

+10%

Riyadh prime growth (2023)

Expanding

Foreign-investor permits

Vision 2030

Reform horizon

Listings in Saudi Arabia

Off-market access, on request.

We don't publish our international inventory on the open web. Trophy assets in Saudi Arabia typically transact privately — and our role is to source the right property for you, not to push live stock.

Tell us your brief. We'll come back with a hand-picked shortlist drawn from our local network.

Our Network in Saudi Arabia

Partner Network

Vetted local relationships — the foundation of every cross-border transaction we run.

Riyadh, Jeddah, NEOM access

KSA-Licensed Agencies

Trusted brokerages with track records of cross-border luxury transactions.

Good to know

Where does Von Albert operate in Saudi Arabia?
In Saudi Arabia, we focus on Riyadh, Jeddah and NEOM, working through trusted local partners.
How do you source property in Saudi Arabia?
Through vetted local partners who know the market intimately. We coordinate viewings, due diligence, and closing across borders to a single standard of service.
Are Saudi Arabia properties available off-market?
Yes. Much of the prime inventory in Saudi Arabia transacts privately. Share your brief and we will return a tailored shortlist drawn from our local network.
Can Von Albert support a cross-border purchase from Germany?
Yes. We guide buyers based in Germany and elsewhere through every stage of an international acquisition, in English and German.

Consultation Offering

Considering Saudi Arabia?

A confidential consultation with our international team — market context, partner introductions, and a clear next step.