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Saudi Retail Real Estate Report

By OPM Research Team

Aug 22, 2025 – 7 min read

Projects that carry the OPM standard.

This report tracks retail spending momentum and its direct effect on demand for commercial space across the major cities.

  • Steady retail-spend growth is fueling international brand expansion.
  • Demand for experiential retail space is rising inside mixed-use destinations.
  • A clear performance gap is opening between legacy malls and newer destinations.

Developers reworking their tenant mix against this report's data are outperforming the market average on occupancy.

  • Benchmarked performance analysis across 20+ retail destinations.
  • Category-level spend forecasts for the coming year.

Projects that carry the OPM standard.

Property Type Mix

48 assets analyzed

  • Residential42%
  • Commercial28%
  • Retail18%
  • Hospitality12%

Leasing Status

92% average occupancy

  • Leased72%
  • Vacant28%

The rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competencies

The rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competenciesThe rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competenciesThe rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competencies

The rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competencies

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