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Saudi Real Estate & REIT Stocks

The largest real-estate and property-development stocks on the Saudi market by market cap. The list updates periodically and is informational, not a recommendation.

#CompanyPriceChangeMarket CapP/EYield
14325Umm Al Qura for Development and Construction Company432516.87 SAR+1.08%21.23B SAR24.23
24300Dar Alarkan Real Estate Develop430017.92 SAR+0.22%19.35B SAR17.10
34220Emaar, The Economic City422010.30 SAR+0.88%9.61B SAR
44321Arabian Centres Co.432117.07 SAR+1.49%8.09B SAR6.428.80%
54020Saudi Real Estate Co.402016.30 SAR+0.56%6.11B SAR20.63
64322Retal Urban Development Company432212.02 SAR+1.26%6.07B SAR20.531.81%
74150Arriyadh Development Co.415018.44 SAR+0.66%4.30B SAR14.222.68%
84310Knowledge Economic City431011.70 SAR+0.86%4.04B SAR
94327Alramz Real Estate Co.432757.45 SAR-3.69%2.32B SAR6.633.19%
104340Al Rajhi REIT Fund43408.22 SAR-1.08%2.28B SAR12.176.76%
114326Dar Al Majed Real Estate Co.43267.37 SAR0.00%2.25B SAR8.48
124342Jadwa REIT Saudi Fund434211.23 SAR0.00%2.10B SAR37.557.09%
134347Bonyan REIT Fund43479.99 SAR+0.10%1.55B SAR14.838.43%
144323Sumou Real Estate Co.432329.30 SAR+0.34%1.46B SAR10.84342.00%
154320Alandalus Property Co.432014.78 SAR+0.48%1.40B SAR3.33%
164344SEDCO Capital REIT Fund43447.85 SAR+0.90%1.39B SAR17.697.75%
179610First Avenue Real Estate Development Company96106.93 SAR-1.00%1.38B SAR12.94
189535Ladun Investment Company95352.60 SAR+3.17%1.26B SAR
194230Red Sea International Co.423023.21 SAR+1.13%1.13B SAR
204338AlAhli REIT Fund 143386.44 SAR0.00%884.12M SAR49.466.84%
214330Riyad REIT43304.98 SAR-0.99%858.49M SAR6.40%
224349Alinma Hospitality REIT Fund43498.33 SAR-0.12%827.24M SAR16.907.89%
234348Alkhabeer REIT Fund43485.74 SAR0.00%810.80M SAR21.307.30%
249640ASAS Makeen Real Estate Development and Investment Company964021.40 SAR642.00M SAR1.65
254324Banan Real Estate Company43243.15 SAR+0.64%642.00M SAR18.474.71%
264339Derayah REIT Fund43395.54 SAR-0.36%562.26M SAR65.386.88%
274345Alinma Retail REIT Fund43454.90 SAR+0.41%546.34M SAR7.34%
284334AL Maather REIT Fund43348.96 SAR+0.22%543.12M SAR16.097.68%
294333Taleem REIT Fund433310.67 SAR+0.85%524.79M SAR15.597.00%
304336Mulkia Gulf Real Estate REIT Fund43364.60 SAR-0.22%477.32M SAR6.96%
314350Alistithmar AREIC Diversified REIT Fund43507.06 SAR-0.14%448.91M SAR10.11%
329634Adeer Real Estate Co.963491.00 SAR+3.17%441.00M SAR4.312041.00%
334335Musharaka REIT Fund43353.98 SAR-0.50%365.20M SAR4.82%
344332Jadwa REIT Al-Haramain Fund43325.01 SAR+0.40%323.40M SAR24.046.94%
354337Al Aziziah REIT Fund43375.10 SAR-0.78%301.08M SAR1.71%

Saudi real estate spans property developers and listed real-estate investment trusts (REITs). Its performance is tied to Vision 2030 mega-projects, population growth, and demand for housing, offices, and retail — plus interest-rate levels that affect financing costs.

This list ranks the largest Saudi real-estate stocks by market cap using the latest available data. REITs typically pay regular cash distributions because they are required to distribute most of their rental income to investors.

Informational and educational, not investment advice.

Frequently asked questions

Developer vs. REIT — what's the difference?

A developer builds and sells property with project-based profits, while a REIT owns income-producing assets and distributes most of its rent to investors regularly.

Are REITs good for income?

Yes, REITs are known for regular cash distributions, but consider asset quality, occupancy, and leverage.

How do rates affect real-estate stocks?

Higher rates raise financing costs and can pressure valuations and demand, while lower rates typically support the sector.