Top 5 Saudi Arabia Real Estate Companies
Al Saedan Real Estate Co.
Kingdom Holding Company
Dar Al Arkan Real Estate Development
Jabal Omar Development Co.
SEDCO Development
Source: Mordor Intelligence
Saudi Arabia Real Estate Companies Matrix by Mordor Intelligence
Our comprehensive proprietary performance metrics of key Saudi Arabia Real Estate players beyond traditional revenue and ranking measures
The MI Matrix can diverge from simple revenue rankings because it rewards delivery readiness, asset intensity, and proof of repeatable execution across residential and commercial property types. It also reflects how well each company converts policy change into operating discipline, including contract compliance, licensing, and predictable handovers. In Saudi Arabia, many decision makers want clarity on two practical topics: how the September 25, 2025 Riyadh rent freeze changes renewals and rent resets, and which steps make a lease enforceable through Ejar. They also ask how to verify broker licensing and how escrow discipline reduces off plan buyer risk. These capability signals, plus in Kingdom geographic reach, asset utilization, and reliability under leverage, make this MI Matrix by Mordor Intelligence more useful for supplier and competitor evaluation than revenue tables alone.
MI Competitive Matrix for Saudi Arabia Real Estate
The MI Matrix benchmarks top Saudi Arabia Real Estate Companies on dual axes of Impact and Execution Scale.
Analysis of Saudi Arabia Real Estate Companies and Quadrants in the MI Competitive Matrix
Comprehensive positioning breakdown
Kingdom Holding Company
Diversified asset exposure gives this leading company a different resilience profile than single-city developers, especially when hotels, landmark towers, and investment property gains drive results. It reported higher profit for the first nine months of 2024 and disclosed plans to resume construction on the Jeddah tower through an agreement to continue development. If tourism and premium hospitality remain strong, cash generation can offset cyclical softness in certain leasing pockets. A realistic downside scenario is that delayed mega tower delivery ties up capital while policy moves, like rent controls, reduce optionality for income resets.
Dar Ar Alkan
Land-heavy expansion plans signal the clearest move for 2025 for this major player, after it completed a Jeddah land transaction valued at about USD 1.2 billion. Brand extension into high-profile branded residences also remains in focus through Dar Global activity tied to Jeddah launches. If approvals and infrastructure sequencing stay on track, Dar Ar Alkan can convert land scale into multi-product delivery across residential and mixed use. A critical risk is execution concentration, since very large plots amplify licensing delays and working capital intensity.
Saudi Real Estate Company
Earnings momentum is the most visible strength for this major supplier after it announced 2024 revenue of about USD 0.5 billion and net profit of about USD 0.1 billion. Policy tightening around leasing payments through Ejar can help reduce disputes and improve receivables quality for landlords with large tenant bases. If Al Akaria keeps divesting non-core land while sustaining off-plan sales discipline, it can fund new phases without stressing leverage. A meaningful risk is earnings volatility when gains rely on disposals rather than recurring leasing expansion.
Frequently Asked Questions
How can I verify a broker or advisor is properly licensed in Saudi Arabia?
Check that the broker holds a valid REGA license and includes their license details in advertisements. Confirm the brokerage contract is written and properly documented through the official electronic platform.
What does the Riyadh rent freeze change for tenants and landlords?
It limits rent increases in Riyadh for a defined period, so renewals and escalations need careful contract planning. Landlords should expect more disputes to be decided on documented prior rents and platform registered terms.
What should a buyer check before signing an off plan purchase?
Confirm the developer uses an escrow structure and that disbursements are tied to the specific project, not general spending. Also verify permits, delivery milestones, and clear remedies if the handover date slips.
What is the practical value of Ejar for corporate leasing and housing rentals?
Ejar strengthens proof of contract terms and payments, which reduces disputes and speeds enforcement. It also increases transparency around renewals, notice periods, and payment channels.
How should a corporate tenant choose office space in Riyadh right now?
Prioritize building quality, confirmed handover status, and landlord responsiveness, because supply tightness can hide operational weaknesses. Also insist on fully documented terms to avoid later conflicts on renewals and service charges.
What are early warning signs that a developer may miss delivery dates?
Frequent scope changes, unclear funding sources, and weak contractor governance usually show up before schedule slips. Buyers should also watch for heavy reliance on one time land sales instead of repeatable delivery cash flow.
Methodology
Research approach and analytical framework
Sources prioritized company investor disclosures, Saudi Exchange announcements when accessible, and official government policy releases. Reputable journalism and specialist legal or advisory analysis were used to triangulate when filings were limited. Private company scoring relied on observable project actions, fund partnerships, and dated public statements. When metrics were not comparable, the scoring used consistent Saudi focused proxies rather than global totals.
Saudi coverage across Riyadh, Jeddah, Makkah, and Eastern Province drives access to land, buyers, and tenants.
Recognized names win pre sales trust, secure anchor tenants, and attract lenders under tighter documentation rules.
Proxy position using Saudi contracted sales, leased area, hotel keys, and disclosed Saudi revenue where available.
Saudi land bank, delivered units, leasing platforms, and property operations capacity determine delivery certainty.
Post 2023 project structuring, mixed use concepts, ESG upgrades, and digital compliant leasing processes.
Profitability and balance sheet flexibility tied to Saudi assets, including disposals, refinancing, and recurring income stability.
