Saudi Arabia Real Estate Brokerage Market Size and Share - Growth Analysis Report and Forecast Trends (2026-2035)

The Saudi Arabia Real Estate Brokerage Market is a growing segment within Saudi Arabia's total real estate market valued at USD 77.2 Billion in 2025 and projected to expand at a CAGR of 6.70% through 2035, reaching USD 137.8 Billion. Saudi Arabia's April 2025 decision permitting foreign investors to own and sell real estate for investment purposes-the most significant foreign ownership liberalisation in the Kingdom's history-dramatically expanding the brokerage market's client base; Riyadh Grade A office occupancy at 99% driving intense commercial leasing advisory demand; Ejar platform recording 3 million digital leases in 2024 (up 35%) formalising the previously informal rental market; the National Industrial Development and Logistics Programme targeting 59 logistics centres adding 15 million sqm of warehouse inventory; and Vision 2030's projection of 150 million visitors by 2030 generating a 320,000-room hospitality pipeline requiring specialist brokerage are collectively expanding the addressable brokerage market.

Key Market Trends and Insights

• Riyadh leads the Saudi Arabia Real Estate Brokerage Market in 2025, accounting for approximately 41.5% of total real estate market value, driven by corporate relocations, Vision 2030 investment concentration, Grade A office scarcity creating intense leasing advisory activity, and the 500+ regional headquarters generating premium commercial brokerage mandates.
• By Property Type, Residential brokerage represents the largest volume segment at approximately 62.3% of total market value, while Logistics and Industrial brokerage is the fastest-growing property type at approximately 7.92% CAGR as Saudi Arabia expands its logistics centre network and manufacturing base.
• By Service Type, Sales dominates with approximately 65.1% share in 2025, while Rental brokerage is growing faster at approximately 7.85% CAGR as Build-to-Rent platforms, corporate accommodation programmes, and flexible lease products mature within Saudi Arabia's increasingly sophisticated real estate market.

Market Size & Forecast

• Total Saudi Arabia Real Estate Market 2025: USD 77.2 Billion
• CAGR 2026-2035: 6.70%
• Projected Total Market by 2035: USD 137.8 Billion
• Brokerage share of total RE activity: ~3-5% of transaction value

Saudi Arabia's real estate brokerage market encompasses the professional services of licensed real estate agents and firms facilitating residential sales and leasing, commercial office and retail transactions, industrial and logistics property, hospitality and hotel transactions, and land sales-typically earning commission fees of 2-5% on transaction value. The market has undergone profound regulatory transformation as Saudi Arabia's Wafi programme (off-plan real estate regulation), Ejar digital lease platform, and REGA (Real Estate General Authority) licensing requirements have formalised the previously fragmented and largely unregulated brokerage sector. Over 16,000 licensed real estate brokers now operate in Saudi Arabia under REGA's regulatory framework, with international firms JLL, CBRE, Colliers, Savills, and Knight Frank competing alongside dominant local brokerage networks.

The April 2025 liberalisation of foreign property ownership-allowing international investors to own real estate for investment purposes (excluding Makkah and Madinah) with approvals granted within five working days through the Investment Ministry's e-services portal-represents a structural market expansion event for Saudi real estate brokerage. International investors, sovereign wealth funds, and ultra-high-net-worth individuals who previously could not hold Saudi property directly can now engage licensed brokers to acquire investment properties, creating a new foreign investor brokerage demand channel. The policy change follows NEOM's June 2023 finalization of its first residential community phase (SAR 21 billion) and the broader opening of Saudi Arabia's real estate investment market to foreign capital.

Key Takeaways

• Saudi Arabia's April 2025 foreign real estate ownership liberalisation is a generational market-opening event for the brokerage sector, creating international investor demand for licensed Saudi brokerage services that was previously entirely absent from the market.
• The Dammam Metropolitan Area is the fastest-growing brokerage market at approximately 8.41% CAGR through 2031, driven by industrial expansion, logistics hub development under the National Industrial Development Programme, and Eastern Province economic diversification beyond the oil sector.
• PropTech adoption-represented by Ejar's 3 million digital leases in 2024 (up 35%), Property Finder's Saudi platform expansion, and Bayut's market aggregation-is both transforming brokerage business models and expanding the formalised leasing market addressable by licensed brokers.