The real estate sector in Saudi Arabia's Eastern Province has a market size exceeding SAR140 billion ($37.16 billion), it was revealed at the fourth edition of Saudi Expo Real Estate Development and Ownership (SEREDO 2026).
The exhibition, held for the first time in the Eastern Province, noted that the size of the real estate sector in the Kingdom currently exceeds SAR750 billion.
The event showcased real estate projects valued at nearly SAR7 billion including more than 11,000 housing units in the Eastern Province.
Organised by Eventify and sponsored by the Ministry of Municipalities and Housing, the event attracted a significant number of real estate companies, developers, investors, and visitors from the Eastern Province. The three-day show concluded successfully on May 6.
The SEREDO 2026 exhibition featured a series of panel discussions and workshops that focused on the latest trends and innovations in the real estate sector, with the participation of a select group of experts and specialists.
The sessions covered a number of topics, including the impact of real estate technologies on the real estate market, the Saudi Fellowship in Real Estate Development, the characteristics of a successful real estate broker in the real estate market, women and real estate brokerage, and the future of artificial intelligence in the real estate sector.
Ahmed Al-Faqih, a real estate expert and trainer at a workshop, revealed that the Saudi real estate sector is witnessing an accelerated digital transformation, supported by the great technological development that the Kingdom is experiencing.
He said: “This has contributed to the emergence of Saudi real estate platforms as innovative models capable of competing globally. There are 75 licensed real estate platforms in the Kingdom, and the value of the platforms is expected to reach approximately $2.5 billion by 2030.”
The fifth edition will be held in Jeddah from September 6-8, 2026 at the Superdome, to showcase the most prominent real estate projects offered by local real estate development companies, with the participation of the most prominent real estate developers. - TradeArabia News Service
