Prince Saud bin Naif bin Abdulaziz and Chief Executive of the Aseer Development Authority (ASDA)
Al-Ahsa Governor Prince Saud bin Talal bin Badr, who is also CEO of the Aseer Development Authority (ASDA), said the Saudi real estate market is seeing a significantly high level of maturity, supported by strong growth rates. 
Speaking on the sidelines of the Future of Real Estate Forum 2026, he said this uptrend is reflected in robust demand from both investors and residents.
Allowing non-Saudis to own property, according to the official, opens new horizons for the Kingdom’s real estate market, which is recognized for its strength and product diversity over recent years.
He pointed out that infrastructure serves as a critical enabler and a complementary pillar of development and the real estate sector in general, which will be a primary focus during the upcoming phase.
The entry of international real estate companies will help create healthy competition among upcoming product offerings, the official underlined.
He expects tangible results to begin appearing in the third quarter of 2026, with the full financial and economic impact becoming clearly visible across the real estate market by 2027-end.
Prince Saud bin Naif bin Abdulaziz and Chief Executive of the Aseer Development Authority (ASDA)
Al-Ahsa Governor Prince Saud bin Talal bin Badr, who is also CEO of the Aseer Development Authority (ASDA), said the Saudi real estate market is seeing a significantly high level of maturity, supported by strong growth rates.
Speaking on the sidelines of the Future of Real Estate Forum 2026, he said this uptrend is reflected in robust demand from both investors and residents.
Allowing non-Saudis to own property, according to the official, opens new horizons for the Kingdom’s real estate market, which is recognized for its strength and product diversity over recent years.
He pointed out that infrastructure serves as a critical enabler and a complementary pillar of development and the real estate sector in general, which will be a primary focus during the upcoming phase.
The entry of international real estate companies will help create healthy competition among upcoming product offerings, the official underlined.
He expects tangible results to begin appearing in the third quarter of 2026, with the full financial and economic impact becoming clearly visible across the real estate market by 2027-end.
