Meer Group is developing impactful strategic partnerships across the GCC, Asia, and Europe, focused on value creation in high-growth sectors including Real Estate, Hospitality, E-commerce, Manufacturing, andHealthcare. With a commitment to innovation, sustainability, and regional expertise, we are enabling futureready developments that resonate with investors and communities alike.
Our journey starts with real estate, the foundation of sustainable wealth and community development. In the heart of the UAE, our residential towers in Dubai and Abu Dhabi rise as icons of modern urban living—smartly designed, centrally located, and engineered for tomorrow’s residents.
(KSA) has emerged as a significant destination for High-Net-Worth Individuals (HNIs), institutional investors, and global businesses. Its ambitious Vision 2030 plan is the core driver of this transformation, aiming to diversify the economy away from oil and create a vibrant, thriving society. KSA's geographic position at the crossroads of Asia, Europe, and Africa makes it a natural hub for international trade and logistics. Businesses established here can easily access vast markets across these continents.
With a young and growing population, KSA has a significant and increasingly affluent domestic consumer market. The real estate market expanded from USD 64.43 billion in2023 to USD 67.2 billion in 2024, reflecting a robust growth trajectory. (TASC Outsourcing).In 2024, residential transactions across Riyadh, Jeddah, and Dammam Metropolitan Area reached SAR 118 billion (USD 32 billion),marking a 50% increase compared to 2023.(Source Deloitte Italia+1CBRE+1).
Source: https://www.mordorintelligence.com/industry-reports/saudi-arabia-real-estate-market
Average villa prices in Riyadh have risen by 12.2% annually since Q1 2020, indicating strong demand and limited supply. To attain a housing supply of 4.96 million residences by 2030, the Kingdom will need to build around 1.2 million additional homes during the next decade. Housing demand is predicted to rise from 99,600 houses in 2021 to 153,000 houses by 2030,with an average of 124,000 dwellings built per year over that time. In the last decade, the Kingdom of Saudi Arabia has achieved significant progress in reforming its housing industry. It is expected to accomplish its goals of 70% house ownership and an 8.8% contribution to national GDP by 2030.
Highly inspired by this growth opportunity in KSA, we have embarked on real estate development projects The Aurora Villas Project represents a distinctive real estate investment opportunity, offering a diversified portfolio of mid to high-end residential villas across key urban centres in Saudi Arabia—namely Riyadh, Jeddah, and Dammam. Designed to align with the Kingdom’s urban development boom under Vision 2030, this initiative aims to deliver 500 to 1,000 villas over the next 3to 4 years, meeting the rising demand for premium yet accessible housing.
Aurora Villas is structured as a phased multi-site development, offering three villa sizes (250 sqm, 300 sqm, 350 sqm),Multiple projects within each city, tailored to local micro-markets The development model emphasizes continuous land acquisition, with each project cluster consisting of 20 to 100 villas, executed through partnerships with select contract or sand joint venture collaborators. This decentralized approach ensures, Diversification of construction risk, Efficiency in project execution, Unified branding, marketing, and sales under the Meer Group umbrella.
Attractive ROI potential from capital appreciation and rental yields in rapidly growing urban zones.
Scalable and diversified investment structure, minimizing development risk.
Aligned with Saudi Arabia’s Vision 2030, benefiting from government incentives and infrastructure support.
Opportunity for early equity participation or off-plan acquisitions, enabling value creation across the project lifecycle.
We invite you to join us in shaping the future and capitalizing on these dynamic opportunities. The Meer Group is not justbuilding businesses; we are building sustainable value and contributing to the economic landscapes of the regions we operate in. Don’t miss our next article which describes our projects of Europe and Asia.