Oct 24, 2023
Riyadh has emerged as a highly prominent city for development and modernization in the Kingdom of Saudi Arabia in recent years. The impact of giga-projects on real estate investment in Riyadh is evident and clear in their contribution to the city's growth and the real estate sector in Riyadh.
Giga-projects in Riyadh:
Riyadh has numerous major projects aimed at enhancing infrastructure, increasing property value, and promoting economic and social development in the city. On March 19, 2019, King Salman bin Abdulaziz Al Saud announced four projects exceeding 86 billion Saudi Riyals, aimed at developing Riyadh, the capital of the Kingdom. Following this, many other projects have been initiated including:
★ King Salman Park Project: One of the four major projects in Riyadh, the park covers an area exceeding 16 square kilometers, making it one of the largest urban parks in the world. The park incorporates over one million trees, open spaces covering approximately 11.5 square kilometers, and a circular path measuring 7.2 kilometers in length. The park includes:
● The Royal Arts Complex: Its area exceeds 400,000 square meters and includes the National Theater, five closed theaters, an outdoor theater, and a cinema complex with three halls. It also hosts four arts academies and an educational center dedicated to developing children's talents.
● Cultural Facilities: It encompasses seven diverse museums and event spaces spread over an area of 40,000 square meters.
● Sports and Entertainment Facilities: These facilities have a significant impact on the sports economy and real estate. They include the Royal Golf Course, virtual reality place, a skydiving and hot air balloon center, an equestrian center, a running and cycling track, an entertainment gaming zone, a water park, and a family entertainment center.
● Public Facilities and Services: Such as mosques, security centers, healthcare and educational facilities, social centers, public libraries, and parking buildings.
● Residential and hotel facilities: These facilities can fall under the category of real estate investments in giga-projects in Riyadh, as they provide:
■ Residential complexes that offer approximately 12,000 diverse housing units.
■ 16 hotels with 2,300 hotel units considered to be luxurious accommodation options in the giga-projects in Riyadh.
■ Profitable spaces for restaurants, cafes, and retail sectors covering an area exceeding 500,000 square meters.
■ Office building complexes covering an area of 600,000 square meters.
● Riyadh Green Project: The objective of this project is to enhance the city's green spaces by increasing the per capita green space to 16 times its current size. By planting over 7 million trees across Riyadh, the project aims to achieve a total green space coverage of 9% in the city.
● Riyadh Art Project: This project aims to transform Riyadh into an open art exhibition that blends modernity with heritage.
● Sports Track Project: This project aims to encourage residents to adopt healthy mobility patterns and promote engagement in various sports, particularly walking, cycling, and horse riding. The project covers a distance of 135 kilometers and includes safe and tree-lined pedestrian paths, dedicated routes for both professional and amateur cyclists, as well as tracks for horse riding.
In addition to these projects, there are many others, such as the King Abdulaziz Public Transport Project in Riyadh and the King Salman Project, which is considered one of the urban development projects in Riyadh that focuses on infrastructure and real estate.
The Giga-projects in Riyadh and the Real Estate Market:
We can consider the giga-projects in Riyadh as one of the most important factors influencing the real estate sector and property trends in Riyadh. When a large project is announced, such as the development of a specific area or the construction of new facilities, it usually leads to an increase in supply and demand in the real estate market in Riyadh and affects its value. Here are some reflections of the giga- projects on the real estate sector in Riyadh:
● The impact of Giga-projects on property prices in Riyadh: The development of major projects contributes to increasing the value of existing properties in the surrounding areas. The demand for housing, offices, and commercial spaces increases, leading to price rises.
● Provision of public services: Giga-projects are likely to include plans for creating public facilities, such as hospitals, schools, and entertainment centers. This increases the real estate attractiveness of giga-projects in Riyadh for investors and residents, leading to increased demand for properties in those areas.
● Infrastructure: When a large project is developed, there is usually an improvement in the surrounding infrastructure. This includes expanding roads, securing and improving public transportation, as well as providing other services. It also enhances the overall attractiveness of the area and consequently increases the value of its properties.
● Investment opportunities: One of the changes in the real estate market in Riyadh is the increased investment opportunities based on giga-projects that attract investors to the real estate market in Riyadh. They can benefit from the increased demand for properties to achieve good financial returns.
● Economic effects: Giga- projects contribute to enhancing economic growth, creating job opportunities, and increasing income for the population. This can lead to increased demand for properties in the city, increasing, as such, the prices there.
● Real estate development: There may be transformations in the real estate market in Riyadh due to these giga- projects, which result in the construction of new residential and commercial projects. This increases the supply of properties and intensifies price competition.
● Available housing and real estate in Riyadh: Giga- projects may lead to providing diversity in the real estate availability in the city. New residential or commercial complexes may be built. As a result, this will create various opportunities for investors and tenants in Riyadh's real estate market.
● Increased demand for commercial properties: When analyzing the real estate market in Riyadh in light of giga- projects, we observe a relationship between these projects and transformations in the commercial real estate market in Riyadh. The application of giga- projects creates a desire among many business owners to invest in surrounding or neighboring areas of these projects, resulting in increased demand and higher prices for these commercial properties.
Attention must be paid to the fact that the relationship between giga-projects and the real estate market in Riyadh depends on other factors, such as location, urban planning, as well as supply and demand in the real estate market. Sometimes, the impact can be direct and immediate in certain areas, while it may be gradual and slow in others.
In conclusion, the future and growth of the real estate market in Riyadh are inevitable as a result of the ongoing development and modernization of the city, as well as the implementation of projects aligned with the Kingdom's Vision 2030 program. In fact, this association works to strengthen several sectors, most notably the real estate one, which is witnessing extraordinary growth and expansion as one of the associated effects of giga- projects, ensuring a bright future for this sector and its investors.
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October 28, 2026
Al Rahmaniyah district Riyadh sits in the north of the capital at Exit 10, within the Al Muath municipality area, and ranks 13th out of 177 residential districts in Riyadh by median price per square metre, according to Ministry of Justice transactions published through the Raghdan platform.
That rank says one thing clearly and hides another: the district is expensive, but it has few transactions, so any figure you read rests on a small number of deals. This guide shows the numbers together with their limits.
It covers the district's location and boundaries, the exit, price per metre against neighbouring districts, apartments and villas, schools, hospitals and hotels, a rating of the district, and Mada Properties projects you can use as a yardstick.
The district is ringed by four main roads and upscale neighbours:
Al Takhassusi Street is among its best-known internal streets.
Al Rahmaniyah is at Exit 10 in Riyadh, with fast access to the city's main routes because the district sits between major roads on all four sides.
The median residential price is SAR 10,293 per square metre, calculated on residential deals in the last 24 months (latest deal 25 September 2025), from Ministry of Justice data shown by Raghdan (updated 7 August 2026).
Against neighbours on the same platform: Al Sahafa SAR 12,691, Hittin 10,536, Al Olaya 10,364, Al Rahmaniyah 10,293, Al Malqa 9,000 and An Narjis 8,478.
The limits matter. The district recorded 14 residential deals in 24 months and 321 deals since 2020, which ranks its trading activity 126th of 177. Treat the figure as an indicator of level, not the price of a specific property.
The median size of recent residential deals is about 450 m², so deals lean towards larger plots and villas rather than small units.
Apartments, floors and townhouses are available for sale and rent. Compare any unit's price per metre with the district median (SAR 10,293) and with neighbouring districts.
Villas tend to sit on large plots, which is what the median size reflects.
Commercial property is 8% of deals and includes offices and shops for long-term investment.
There is no official district rating, so we read it from four angles:
It suits people who will live there for years or invest long term and accept lower liquidity for a settled location. It does not suit someone who needs a quick sale or a low entry price.
Mada Properties does not currently list a project inside Al Rahmaniyah, but these five available projects work as a yardstick for any offer you see in the district.
Thuraya Tower is in Al Olaya, with one- to three-bedroom apartments from Wathba for Investment. It is the closest price comparison, since the median in Al Olaya is SAR 10,364 per metre. Prices start from SAR 1.9 million, with handover expected in Q3 2028.
Rayah Tower in Al Sahafa is developed by Jiwar Al Arabia and has 48 apartments and penthouses on a 900 m² plot, with two lifts and a maid's room. Its page shows the licence number (485) and the Wafi permit. Prices start from SAR 1,785,000, with handover expected in Q4 2028. Al Sahafa is pricier than Al Rahmaniyah, at SAR 12,691 per metre.
Summit Tower is in Al Sahafa, developed by Summit for Real Estate Development and Investment, with one- and two-bedroom apartments from SAR 995,000 and handover expected in Q2 2028, the lowest price on this list.
For a ready villa, Amaas 21 Villa offers villas for sale by Amaas Real Estate Development in central Riyadh, according to its page, from SAR 1,950,000.
For commercial property, Al Adwan Tower offers 122 flexible office units in Al Nakheel near the King Abdullah Financial District, from SAR 1.9 million, with handover expected in Q4 2027.
See all available projects on Mada Properties' projects page.
Mada Properties is a professional real estate broker, not a developer, so we start from your goal, not from a project we own. In a district with few deals like Al Rahmaniyah, a broker who reads the market, not just the averages, adds real value. Contact us to compare what you see in the district with what is available today.
Al Rahmaniyah district Riyadh combines a strong location at Exit 10 with a high price and limited liquidity. That suits buyers who plan to stay, not those who plan to sell quickly. Before any decision, compare the price per metre you are offered with the district's common range (SAR 8,266 to 12,063) and ask for recent comparable deals.
October 26, 2026
Mada Properties has won five awards at the Saudi Arabia Property Awards 2026-2027, the Saudi categories of the Arabian Property Awards presented in association with CNBC Arabia, each carrying a five-star rating.
The five awards cover the real estate agency, property consultancy, real estate marketing and the agency website. They extend a record that began in the 2023-2024 season with a single category and has grown in every season since.
This article explains what the awards are, how they are judged, what each of the five awards recognises, and how to verify any real estate company's awards before you rely on them.
The Saudi Arabia Property Awards are the Saudi categories of the Arabian Property Awards, which are part of the International Property Awards run by International Property Media in the UK. The awards recognise excellence in real estate, development, architecture, interior design and marketing, in both the residential and commercial sectors, with a focus on service, sustainability, originality and creativity.
The organiser announced a category named "Saudi Arabia Property Awards" and described it as the first global real estate award named after the Kingdom. Entrants apply at national level, a panel of experts judges the entries, and winners are invited to the awards ceremony and may use the award logo in their marketing. That is why Mada's trophies carry the words "Saudi Arabia" after each category name. Top winners in each region then go forward to the international awards.
All five trophies carry the Arabian Property Awards mark, the words "in association with CNBC Arabia", a five-star rating and the 2026-2027 season.
This category is for real estate agencies running between two and four offices. Mada publishes four office addresses in Riyadh: As Sahafah, Al Aridh, Al Rimal and Olaya Street.
A category that combines brokerage and advice. It matches what Mada does when it compares the options on the market and recommends districts and projects according to the client's goal, which is the role of a property consultancy.
This award covers the marketing of a real estate agency. Mada states in its articles that its marketing rests on reading the market, analysing data and reaching the right client.
The marketing category for agencies and advisory firms.
This one concerns the agency's website. Mada's site brings together projects, districts and articles, and a mobile app carries the same content.
See the record of earlier awards on Mada's Awards & Recognition page.
The organiser states that the awards are judged by an independent panel of more than 100 industry experts, chaired by members of the UK House of Lords. Judging focuses on:
The path to an award has five steps:
The 2026 Arabia Property Awards celebration takes place on 5 November 2026 in the House of Lords, London, as a private event for a select number of award-winning companies, according to the event website.
According to Mada's Awards & Recognition page and blog:
The pattern is clear: from one category to five in four seasons. But every season is judged separately, so an earlier award does not replace a look at the current one. For a wider reading of what these awards mean for an investor, see our article on Mada's award success story.
There is no official list that names the best real estate agency in Saudi Arabia, and awards are one signal among several. Whether you want a top real estate consultancy or a brokerage, ask:
A real estate agency handles brokerage and client service from advice to closing, while real estate marketing focuses on reaching clients and showing a project's value. That is why the awards separate the agency category from the marketing category, and Mada won both this season.
Choose an agency that works as a broker, not a developer: it compares projects for you instead of promoting its own.
Mada won two marketing categories this season. From the client's point of view, good marketing shows up in three ways:
We explain our approach in our guide to the best real estate agency in Saudi Arabia.
Many companies display award logos. Checking one takes minutes:
An award assesses a company's performance, while licensing is a legal requirement to operate. A five-star award and a brokerage licence are different things: the first goes to those who excel, the second is something nobody can operate without.
Check the broker's Fal licence, and the licence of the listing, with the Real Estate General Authority before any payment, then look at the awards.
Mada Properties is a professional real estate broker, not a developer, so we start from your goal, not from a project we own. We read the market, compare the options on Mada's projects page and stay with you to closing. The five awards recognise that approach, but they do not replace checking for yourself. Contact us and we will recommend what suits your budget and goal.
The Saudi Arabia Property Awards give clients an independent signal they can verify, provided you read it as it is: a category, a season and a level. Mada Properties holds five five-star awards in 2026-2027, but a good property decision starts with the licence, passes through comparison and is settled with numbers.
October 21, 2026
Cityscape 2026 Riyadh runs from 16 to 19 November at the Riyadh Exhibition & Convention Center (Malham), bringing developers, investors, banks and real estate decision-makers together for four days of project launches and deal-making.
The 2025 edition alone announced real estate deals worth SAR 237 billion in four days. That is why Cityscape is no longer only for developers: individual buyers and small investors now attend to see opening prices and payment plans before they reach the open market.
This guide covers what visitors look for most: the Cityscape 2026 date and venue, the exhibitor list, projects and offers, tickets and registration, how to get there, and how to prepare.
Cityscape 2026 Riyadh is the 2026 edition of Cityscape Global, which its organisers describe as the world's most attended real estate exhibition. It is organised by Tahaluf in partnership with the Real Estate General Authority (REGA), and this year's slogan is "The Capital of Real Estate".
The show in numbers:
It arrives months after Saudi Arabia's non-Saudi property ownership law took effect on 22 January 2026, which widened interest from abroad.
The Cityscape 2026 date is Monday 16 to Thursday 19 November 2026. Doors open to visitors from 12:00 pm to 10:00 pm every day.
The venue is the Riyadh Exhibition & Convention Center (Malham) in north Riyadh, about 30 km from King Khalid International Airport according to the organisers. Visitors often call it "Cityscape Malham".
The official exhibitor list is published on the Cityscape Global website and updates until the show opens. Confirmed so far:
Do not rely on the list alone: new launches may be announced during the show, so follow the show's and developers' channels across the four days.
The official ticket page describes mortgage solutions, ownership options and payment plans offered directly by developers and banks. In practice, Cityscape projects and offers come in three forms:
At the 2025 opening, Minister Majed Al-Hogail said real estate loans to individuals and companies reached about SAR 961 billion by Q2 2025 and citizen home ownership passed 65% at end-2024.
A show offer is not always the cheapest price in the market. Ask before you book:
Cityscape Riyadh 2026 offers three ticket categories: General, Business, and VIP. Each pass provides different benefits to suit visitors' needs, from exploring the exhibition to enjoying exclusive networking opportunities and premium hospitality services.
The General Pass is available free for a limited time, reduced from SAR 100. The offer ends on 15 November 2026. Benefits include:
The Business Pass costs SAR 2,438, including 15% VAT, reduced from SAR 3,000. It includes all General Pass benefits, plus:
The VIP Pass costs SAR 9,377, including 15% VAT, reduced from SAR 11,253. It offers a premium event experience with exclusive benefits, including:
The right ticket depends on your goals and budget. The General Pass is ideal for visitors exploring real estate opportunities, while the Business Pass suits professionals seeking networking opportunities and business services. The VIP Pass is designed for visitors who prefer exclusive access and premium hospitality.
Note: Ticket prices, promotional offers, and availability may change. Check the official Cityscape Riyadh 2026 ticketing page before registering.
To register: open the official ticket page or register by WhatsApp, choose a pass, enter your details exactly as on your ID (the pass is linked to your badge), pay by credit card if the pass is paid, then wait for the confirmation and badge emails. Each participant gets one pass only, fees are non-refundable and non-transferable, and accommodation and meals are not included.
The 2025 edition announced SAR 237 billion in deals over four days, including SAR 161.2 billion in the first two days. It also reported a 166,000 m² site (double 2023), 42 countries represented including 15 new ones, USD 6.1 trillion of real estate and infrastructure assets under management, 350+ investment meetings and 164,000+ attendees from 120+ countries.
Mada Properties is a professional real estate broker, not a developer, so we show you options as they stand in the whole market, not as a single developer presents them. Around a show, when offers and quick bookings pile up, a neutral broker compares launches with similar projects outside the show, checks the project's legal status and stays with you to closing. Contact us to compare what you see at the show with what is available today.
Cityscape 2026 Riyadh is the biggest chance this year to see the Saudi property market in one place: what will be launched, at what price and on what payment plan. It rewards visitors who arrive with a plan. Set your goal and budget before 16 November, register early, ask for every offer in writing and compare before you book.