Tourism Real Estate in Saudi Arabia is quickly growing as the country positions itself as a global destination under Vision 2030. This growing sector merges hospitality, investment, and urban development, offering both domestic and international investors a chance to be part of a once-in-a-generation transformation.
From the Red Sea coastlines to the ancient oasis of AlUla, tourism-related real estate is reshaping how and where people travel (and invest) in Saudi Arabia.
5 Examples of Tourism Real Estate Projects
The Kingdom is developing large-scale Tourism Real Estate in Saudi Arabia projects that blend luxury, sustainability, and cultural heritage. Here are some of the most notable:
- The Red Sea Project
- AMAALA
- AlUla
- Soudah Peaks
- Jeddah Central Projec
Read more in our article The Best Areas for Tourism Real Estate Investment in Saudi Arabia
Is There Real Estate Residency in Saudi Arabia?
Yes! Saudi Arabia offers various residency programs, and Tourism Real Estate in Saudi Arabia is becoming an increasingly viable path to long-term stay.
- The Premium Residency Program (Saudi Green Card) allows foreigners to live, work, and own property in Saudi Arabia without needing a local sponsor.
- The program does not yet grant residency purely for purchasing real estate. However, those investing in strategic sectors like tourism are likely to benefit from future regulatory enhancements.
- As of 2023, the Kingdom has eased foreign ownership laws to encourage investment in real estate within designated areas and projects, especially in NEOM, the Red Sea, and Riyadh.
Read also: Approval of Saudi’s property ownership law for foreigners and investment regulations in 2025
Benefits of Tourism Real Estate Investment
Investing in tourism real estate in the Kingdom offers multiple advantages:
Key Benefits:
- High ROI in emerging markets like the Red Sea and AlUla.
- Strong government backing under Vision 2030.
- Diversification from traditional real estate assets.
- Sharia-compliant options for local investors.
Popular Real Estate investment types:
- Luxury villas and residences
- Boutique hotels and serviced apartments
- Mixed-use developments near tourist landmarks
- Eco-lodges and cultural guesthouses
According to Knight Frank’s 2023 report, tourism real estate is among the top 3 growth sectors in the Kingdom.
Is Tourism Real Estate the Best Option For You?
Tourism real estate in Saudi Arabia is more than just a passing trend. It is a core pillar of the Kingdom’s economic future. Whether you’re considering the stunning Red Sea resorts, the heritage-rich AlUla developments, or urban coastal hubs like Jeddah Central. There are so many opportunities available for those ready to invest early.
With strategic planning and regulatory reform, tourism-related property investment in Saudi Arabia is poised to deliver long-term value to investors.
Keep exploring Saudi Arabia’s real estate, market trends, and more, by following along our blog My Bayut.
