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Saudi Real Estate Profit Trends
Real estate companies in the Saudi financial market recorded combined profits of approximately 2.87 billion riyals (766 million USD) in the first half of 2026, representing an 18% decrease compared to the same period last year. Despite the decline, the results demonstrate the resilience of the sector and its ability to adapt to economic changes through increased sales, accelerated implementation of major projects, and diversification of revenue streams. Synomi Centers topped the list as the most profitable, achieving 588.2 million riyals, followed by Al-Oqaria with 579 million riyals, and Dar Al-Arkan with 498.97 million riyals. The variation in performance among the companies is attributed to their different business models and strategies, with expectations of market performance improving in the second half of the year as stricter regulations are enforced and financing and delivery management are enhanced.
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