Research

Jeddah Real Estate Market Overview- Q1 2019

Read our Q1 2019 Jeddah market report for an overview of the office, residential, retail and hospitality sectors.

April 07, 2019

Government initiatives to increase home ownership and grow the private sector are set to boost long term confidence in Jeddah’s real estate market.

With the Saudi government’s ongoing commitment to boosting home ownership amongst local residents, demand for Jeddah’s residential sector is expected to gain momentum.

Among the targets set in Vision 2030, the government aims to reduce the average waiting period for local residents to obtain housing financing from 15 years to 5 years and increase household ownership ratio from 47% to 70% by 2030.

Read our Jeddah real estate market overview for Q1 2019 to find out more.

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