Country profiles

Middle East

Saudi Arabia

A newly opening market at the start of its luxury cycle.

Saudi Arabia luxury property

Reform has opened defined zones to foreign ownership as Riyadh becomes a regional corporate hub. Early, but increasingly credible.

Where we look
Riyadh · Jeddah · Red Sea coast
Entry level
USD 500k in designated zones
Rental yield
5–7% gross on corporate leasing
Foreign ownership
Permitted for foreign buyers in specified areas under evolving regulation
Residency
Premium residency programmes available
Taxes
No personal income tax; transaction levies apply
Watch out for
Regulation is still maturing — enter with local counsel and staged exposure.