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A more diversified residential market in Riyadh is on the horizon, offering smaller units ranging from 50 to 60 sqm. This shift isn't about affordability but about creating investment-led products to attract future business and leisure visitors. Embracing this diversity opens up new opportunities in the market. #RiyadhRealEstate #MarketDiversity #InvestmentOpportunities

Riyadh is preparing to host major global events, driving its tourism and development forward. With its urban population growing significantly, traffic jams have become a common issue. The population of the capital is set to double by 2030. Consequently, there is a growing demand for convenient and efficient public transportation. Thankfully, as part of the King Abdulaziz Project for Riyadh Public Transport, six metro lines have been constructed and rigorous testing is ongoing. These lines will cover a total length of 176 kilometers (109 miles) and include 85 stations. The project began in 2014. The estimated cost of the project's construction is $22.5 billion, and it is expected to become operational for passengers soon. With 105 kilometers of predominantly underground rail, the residents of #Riyadh and tourists are expected to embrace this new mode of travel, which will enable them to navigate the city easily in every direction. This metro system could very well serve as the cornerstone of #SaudiVision2030. Now that is #sustainablegrowth

Revitalizing Riyadh: Real Estate's Surge through Strategic Renewals In a robust move to enhance Riyadh's real estate landscape, property owners are revitalizing assets, spurring rental income growth by up to 50%. This comes as part of a wider trend of retrofitting older properties, aligning with the demands of a modernizing city and contributing to Saudi Arabia's #RealEstate revival. With a sharp 20.7% increase in prime office space rents and a population boom, Riyadh's market is flourishing, as is the commitment from international companies to set up regional headquarters, per #CBRE insights. For more information, visit Saudi Business News. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #Riyadh #RealEstate #PropertyMarket #RentalGrowth #UrbanDevelopment #AssetRenewal #CommercialRealEstate #KnightFrank #CBRE

🤍🇸🇦🤍 I am extremely pleased with the progress of my beloved Saudi Arabia and its visionary leadership under Crown Prince Mohammed bin Salman. The ongoing transformation and development taking place in the Kingdom are truly inspiring. As shown in the image, I would like to highlight some of the significant projects currently underway in Riyadh, alongside numerous other projects across the entire Kingdom. These projects reflect the unwavering commitment to growth and prosperity. - King Salman Park: A remarkable urban park project, set to become one of the largest parks globally, covering an impressive area of 13.4 square kilometers. - New Murabba: A modern development project aimed at revitalizing the historic Murabba neighborhood in Riyadh, preserving its cultural heritage while introducing contemporary amenities. - Riyadh Metro: An extensive public transportation initiative comprising six metro lines, spanning approximately 176 kilometers. This transformative project will greatly enhance connectivity and alleviate traffic congestion in the city. - Qiddiya Project: A groundbreaking entertainment and tourism destination, set to become the "Capital of Entertainment, Sports, and the Arts" in Saudi Arabia. The project will offer a wide range of attractions, including theme parks, sports venues, and cultural facilities. - Mohammed bin Salman Non-profit City (MISK): A visionary initiative to establish a city dedicated to promoting innovation, entrepreneurship, and youth development. It will provide a supportive ecosystem for startups, education, and cultural activities. These projects are just a glimpse of the comprehensive efforts being undertaken to realize the goals of Vision 2030. Saudi Arabia is wholeheartedly committed to diversifying its economy and advancing its infrastructure, creating a brighter future for all. #SaudiArabia #Vision2030 #Development #Riyadh #Transformation

I wanted to share an interesting map highlighting the mega projects currently underway in Riyadh, Saudi Arabia. As you can see from the map, Riyadh is undergoing significant development with various ambitious projects aimed at enhancing the city's infrastructure, economy, and overall appeal. Some notable projects depicted on the map include: 1. King Salman International Airport 2. Diriyah Gate 3. King Salman Park 4. Mohammed bin Salman Non-profit City (MISK) 5. Riyadh Metro 6. Al Widyan 7. Qiddiya Project 8. New Murabba 9. WAREFA 10. Sedra Community 11. Dahiyat Al Fursan 12. Expo 2030 13. King Abdullah Financial District 14. Sports Boulevard These projects represent a diverse range of developments, including transportation infrastructure, recreational areas, residential communities, and cultural hubs. They reflect Riyadh's commitment to progress and innovation, positioning the city as a dynamic and vibrant metropolis.

#Riyadh is building the world’s largest urban park, planting 7.5 million trees, and building a new metro system—all part of a broader plan to make the city more resilient. And Riyadh is not alone. #Urban_Resilience is a critical priority for city governments around the world, which is why we published, together with the World Governments Summit, our second analysis of 50 global cities, from Abu Dhabi to Zurich. 🌍 The report looks at over 100 metrics to give city leaders an objective, evidence-based view of where they stand. Find out how Riyadh achieved the biggest score increase in 2 years and see how other #MENA cities performed ➡️ https://lnkd.in/ep9T9A2g 

𝗥𝗶𝘆𝗮𝗱𝗵 𝗮𝘀 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮'𝘀 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝘂𝘀 𝗩𝗶𝘀𝗶𝗼𝗻 𝟮𝟬𝟯𝟬 𝗶𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲. Here are some key projects and updates: 𝗞𝗶𝗻𝗴 𝗦𝗮𝗹𝗺𝗮𝗻 𝗣𝗮𝗿𝗸: Set to be the largest urban park in the world, spanning over 16 square kilometers. It will offer green spaces, sports facilities, cultural sites, and more to enhance residents' and visitors' quality of life. 𝗡𝗲𝘄 𝗠𝘂𝗿𝗮𝗯𝗯𝗮: Planned to be the largest modern downtown in Riyadh, covering 19 square kilometers. It will feature residential units, hotels, retail spaces, and cultural venues like a museum and immersive theater, all focusing on sustainability and convenience. 𝗤𝗶𝗱𝗱𝗶𝘆𝗮: This entertainment city will have theme parks, sports arenas, art academies, and the world's longest and fastest rollercoaster – Falcon’s Flight. Various residential and community services will also be available. 𝗗𝗶𝗿𝗶𝘆𝗮𝗵: Developments in the historical birthplace of Saudi Arabia will highlight cultural heritage with museums, galleries, educational trails, and traditional marketplaces for an immersive experience. 𝗥𝗶𝘆𝗮𝗱𝗵’𝘀 𝗟𝗮𝗿𝗴𝗲𝘀𝘁 𝗔𝗶𝗿𝗽𝗼𝗿𝘁: A UK firm will develop the world’s largest airport in Riyadh, enhancing the city's connectivity and international travel hub status. 𝗦𝗮𝘂𝗱𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲𝘀: Progress in employment and workforce development through the Saudization policy aims to increase Saudi nationals' participation in the private sector with training and education programs. 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗶𝗻 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲: Riyadh will receive a $220 billion investment over the next decade to enhance finance, biotech, digital economy, and overall infrastructure and quality of life. These projects signify Riyadh's transformation into a modern, vibrant city in line with Saudi Arabia's Vision 2030 goals. #saudiarabia #saudi_arabia #saudiarabiavison2030 #saudivision2030 #Riyadh

Riyadh has emerged among the top 15 fastest-growing cities by 2033 on the Savills Growth Hubs Index. Driven by Vision 2030, Saudi Arabia continues to offer endless opportunities for new development and business expansion. Notably, Riyadh is the only non-Asian city on Savills’ top 15 Growth Hubs list due to its forecast of a 26% population growth, taking the city from 5.9 million to 9.2 million in 10 years. Riyadh’s growth will likely result in continued government spending on mega infrastructure projects as well as improved amenities and services to accommodate the growing population. Read more: https://lnkd.in/gKgXPr_x #SaudiArabia #SaudiVision2030 #Riyadh #EconomicGrowth

Riyadh, the capital of the future, has won the bid to host the Expo 2030. It's another accolade for the Gulf nation, which was the fastest growing economy last year among G-20 countries. Saudi Arabia is one country that is - and should be - on the radar of sagacious investors. Since 2016, the country has awarded construction contracts with a combined value of $250 billion, and has launched around $1.25 trillion worth of #realestate and infrastructure projects. New residential units, Grade-A office spaces, and retail units are being added in major cities. International brands like Ritz Carlton and Elie Saab have partnered with developers, including Dar Al Arkan and the PIF-backed Diriyadh Company, to launch branded residences in #Riyadh. Saudi Arabia is neither short of area nor the investment. It's the largest country in the Middle East and the fifth-largest in Asia. PIF, the government's investment arm, alone is worth USD 700 billion. Today, the fund made another headline by entering into a binding agreement to acquire 10% stake in London's Heathrow Airport Holdings. Want to explore the opportunities and offerings of this fast emerging economy? HF Corporation can help you connect with the right partners. #Expo2030 #Saudiarabia #Construction

In a bold move to reinvigorate 12 cities across Saudi Arabia, the Saudi Downtown Company is rapidly transforming their downtown areas. Focused on economic diversification, this initiative aims to create modern, culturally rich mixed-use spaces, fostering a vibrant environment for residents and businesses alike. The vision is clear: turn these cities into dynamic hubs for living, working, and play. The Saudi Downtown Company is dedicated to unlocking local potential, providing opportunities for businesses, entrepreneurs, and citizens alike. This strategic approach aligns with broader economic diversification goals, ushering in a new era of prosperity and growth. More than just urban development, this initiative is a catalyst for economic transformation. By fostering exciting urban spaces, the Saudi Downtown Company is reshaping the economic landscape, driving growth, and creating an entrepreneurial-friendly environment. #SaudiDowntown #UrbanRevitalization #EconomicTransformation