Saudi Arabia's luxury real estate market is reaching new heights in 2025, transforming the Kingdom into a global destination for high-end property investment. With Vision 2030 driving unprecedented development and a growing population of high-net-worth individuals, the demand for premium residential properties has never been stronger.
The luxury residential market is projected to reach $14.6–15.5 billion in 2025, with Riyadh, Jeddah, and the Red Sea coast emerging as prime hotspots. This growth stems from rising disposable incomes, government-backed mega-projects, and a shift toward sustainable, high-end living.
Choosing the right developer is crucial when investing in Saudi Arabia's luxury properties. The market features both established giants and innovative newcomers, each bringing unique strengths to the table. Here are the five leading luxury property developers shaping Saudi Arabia's premium residential landscape this year.
1. Jabal Omar Development Company: Masters of Prime Location
Company Overview
Jabal Omar Development Company has established itself as the premier developer for luxury properties in Makkah, specializing in large-scale developments that seamlessly blend residential, hospitality, and commercial spaces. The company's strategic focus on religious tourism has positioned it uniquely within Saudi Arabia's luxury market.
The flagship Jabal Omar project, located near the Grand Mosque, represents the pinnacle of luxury development in one of the world's most significant religious sites. This mixed-use complex features luxury hotels, residential towers, and upscale commercial spaces, all designed to serve the growing number of affluent pilgrims and residents.
Key Strengths
The properties boast prime strategic locations, offering unparalleled access to Makkah's most sought-after addresses. They seamlessly integrate luxury residential living with five-star hotel services, creating a unique blend of hospitality and comfort. With a focus on religious tourism, these developments capitalize on the growing demand for high-end pilgrimage experiences. Rather than standalone projects, they represent mixed-use excellence, building comprehensive luxury ecosystems that cater to a variety of needs and lifestyles.
The company's commitment to serving the religious tourism market while maintaining luxury standards makes it an attractive choice for investors seeking properties with both spiritual significance and strong rental yields.
2. Dar Al Arkan Real Estate Development Company: Innovation Meets Luxury
Company Overview
As one of Saudi Arabia's largest real estate developers, Dar Al Arkan has built its reputation on creating innovative luxury developments that push architectural boundaries. The company's portfolio spans luxury villas, gated communities, and high-end apartments across the Kingdom's major cities.
Shams Ar Riyadh is a monument to the vision of the company, with the latest design and high-quality facilities. The I Love Florence Tower demonstrates their global partnership strategy, introducing the world-class luxury standards to Saudi Arabia. Such collaborations with international luxury brands have helped the company to gain a lot of profile.
Key Strengths
Our innovative design philosophy drives us to push architectural boundaries with every project, creating spaces that redefine modern living. Through international collaborations, we partner with renowned global luxury brands to deliver exceptional results. Our diverse portfolio includes everything from opulent luxury villas to cutting-edge high-rise apartments, showcasing our versatility and expertise. We integrate advanced technology, offering smart home features and sustainable building practices to enhance functionality and eco-friendliness. Our commitment to excellence has been recognized with multiple industry awards for outstanding design and innovation.
Dar Al Arkan's commitment to innovation and international standards makes it ideal for investors seeking cutting-edge luxury properties that appreciate in value over time.
3. Emaar The Economic City: Master-Planned Luxury Living
Company Overview
Emaar The Economic City is a subsidiary of the UAE-based Emaar Properties, which has decades of experience in the luxury market in the international arena. The company is the engine behind King Abdullah Economic City (KAEC), which is one of the most ambitious coastal developments in the Kingdom.
KAEC is a new concept of luxury living, waterfront homes, championship golf communities and branded apartments. The project occupies over 168 square kilometers of the Red Sea coastline, constructing an entirely new city on the principles of the luxury lifestyle.
Key Strengths
Master-planned communities are designed with comprehensive urban planning that places luxury at the center, offering residents a seamless blend of functionality and elegance. These developments follow international standards, incorporating global best practices to elevate the lifestyle experience in Saudi Arabia. Strategically located along coastal areas, they feature premium beachfront and waterfront properties that provide stunning views and exclusive living. The integrated lifestyle includes access to world-class golf courses, marinas, and luxury amenities, all within walking distance, creating a harmonious balance of convenience and sophistication. With a proven track record of success in luxury developments across the region, these communities stand as a testament to excellence in design and execution.
The company's focus on creating complete luxury ecosystems rather than individual buildings makes it attractive for investors seeking comprehensive lifestyle investments.
4. Red Sea Global: Sustainable Luxury Pioneer
Company Overview
Red Sea Global represents the future of luxury real estate development, combining ultra-premium living with environmental stewardship. The company is developing one of the world's most ambitious luxury tourism and residential initiatives across pristine Red Sea islands.
The Red Sea Project is transforming the concept of luxury living with its eco-resorts, exclusive villas, and hospitality experiences. The development covers an area of more than 28,000 square kilometers and consists of 90 untouched islands, making it an exclusive luxury destination that does not sacrifice high-end facilities in the name of sustainability.
Key Strengths
Our projects are designed with sustainability at their core, operating on 100% renewable energy and ensuring minimal environmental impact. Each development is set in exclusive and breathtaking locations, including private islands and pristine beachfronts, offering unparalleled privacy and beauty. We prioritize environmental integration, crafting luxurious living spaces that enhance, rather than disrupt, the natural ecosystems around them. Positioned in the ultra-premium market, we cater to the most discerning clientele seeking unmatched quality and exclusivity. Our commitment to sustainable development has earned us global recognition, including prestigious international awards..
Red Sea Global appeals to environmentally conscious luxury investors who want exclusive properties that align with global sustainability trends.
5. Saudi Real Estate Company (Al Akaria): Established Urban Excellence
Company Overview
Saudi Real Estate Company, also called Al Akaria, has years of experience in the luxury market of Saudi Arabia. Being one of the first companies in the real estate industry in the Kingdom, the company has established a name of producing high-end urban luxury projects that serve the wealthy customers.
Akaria Plaza is the symbol of the company's adherence to urban luxury, and their residential compounds in Riyadh and Jeddah demonstrate their knowledge of the high-end living needs. These are developments that have world-class amenities, security and lifestyle services that are attractive to successful professionals and families.
Key Strengths
With deep expertise in urban luxury living, we specialize in catering to the unique requirements of city-based lifestyles. Backed by decades of successful experience in luxury development, we have built an established reputation for excellence. Our broad portfolio offers a diverse range of luxury residential options, strategically located in Riyadh and Jeddah's most desirable areas. With a proven track record of delivering high-quality luxury developments on time, we continue to set the standard for modern urban living.
Al Akaria's established presence and urban focus make it ideal for investors seeking luxury properties in Saudi Arabia's established metropolitan areas.
Market Dynamics and Investment Opportunities
The competitive landscape among these five developers reflects the broader transformation occurring in Saudi Arabia's luxury real estate market. Each company offers unique strengths: Jabal Omar leads in religious tourism luxury, Emaar excels in coastal master-planned communities, Dar Al Arkan pushes design boundaries, Red Sea Global pioneers sustainable luxury, and Al Akaria brings decades of experience in delivering proven urban luxury solutions.
The luxury property market's growth trajectory suggests strong opportunities for investors who partner with these established developers. Government-backed mega-projects, rising affluent populations, and international investment interest are creating a perfect storm for luxury real estate appreciation.
Choosing Your Luxury Property Partner
Saudi Arabia's luxury real estate market offers exceptional opportunities for discerning investors in 2025. Each of these five developers brings unique strengths that cater to different investment objectives and lifestyle preferences.
Whether you're drawn to Jabal Omar's prime religious tourism locations, Dar Al Arkan's innovative designs, Emaar's master-planned coastal communities, Red Sea Global's sustainable luxury islands, or Al Akaria's established urban excellence, the Kingdom's luxury property market offers sophisticated options for every investor.
The key to successful luxury property investment lies in understanding each developer's core competencies and aligning them with your investment goals. As Saudi Arabia continues its transformation into a global luxury destination, these five developers are positioned to deliver exceptional returns while creating the Kingdom's most coveted addresses.
As Vision 2030 continues to propel the country to greater heights and global prominence, now is a good time to invest in the luxury properties in Saudi Arabia with these established industry players.
Contact us today to learn more about these developers and how you can invest in Saudi Arabia’s luxury real estate market. Let us help you find the perfect property to meet your goals.