Market Snapshot: Ownersโ Associations Surge in 2025
A remarkable growth of 185 percent in renewed Owners Association certificates was recorded by the Saudi Real Estate Growth General Authority (REGA) in the first half of 2025 and this was in contrast to the same period in 2024 via its Mullak Portal. Renewals were more than 635 certificates with the establishment of additional 3,600 Owners Associations with 9,000+ real estate units. This growth brought the overall number of authorised associations to 17,000 with over 16,000 new members being registered in H1 2025 adding 160,000+ to the total registered members.
Moreover, over 74,000+ transactions were done through Mullak, including transfer of ownership, voting of association leadership, opening of bank accounts and registration of unified number 700. This swift digitalization and scaling of Owners Associations highlights the growth trend of the Saudi Arabia Real Estate Market as well as the vision 2030 targets of modernization of regulation and community-based management of property.
Unprecedented Growth in Ownersโ Associations
The 185 percent renewal growth rate is a landmark in the Saudi property market as it indicates maturity of the regulatory landscape and increased use of organized systems of property management. Owners Associations are a crucial part of jointly owned properties, as they are essential to the effective maintenance of common areas of the property i.e. the entrances, lifts, parking places, and recreational areas.
The 2025 surge is not all about renewals, but also about scale. Formation of 3,600 new associations in a span of six months is a signal of larger housing and mixed-use development, population growth in cities, and the enhancement in the culture of community-based decision-making.
Factors Driving Real Estate Association Surge
Digital Transformation through Mullak Portal: Mullak Portal has transformed the way Owners Association business is conducted and registration, certification, voting, and documentation are now quicker and less opaque. Mullak is now able to even document lease contracts of common areas by property managers, and then integrate with Ejar.
Increasing Residential and Mixed-Use Projects: There has been a precipitous rise in high-density, mixed-use projects in the Saudi property market, particularly in the large cities of Riyadh, Jeddah, and Dammam. Such developments are bound to necessitate organized Owners Associations to be sustainable.
REGA Regulatory Push: The increased adoption rates have been spurred by the active involvement of REGA to enforce compliance, the availability of convenient and digitalized platforms, and the training of stakeholders.
More Foreign and Domestic Investment: As the 2025 real estate trends in Saudi Arabia reveal that there is a stable growth in the volume of investments, the number of properties that come under the association management increases, as well.
Cultural Change to Coexistence: Owners Associations are no longer optional but a necessity to achieve harmony within the community particularly in high end developments where preservation of the property value is paramount.
Impact on Saudi Arabiaโs Property Market
Better Property Values: Good management of communities translates to better property values as there are more property investors both locally and internationally.
Increased Transparency: Through the centralization of transactions by Mullak, the stakeholders are more confident in property transactions.
Operational Efficiency: Digital voting, financial management, and documentation minimize conflict and delays in decision-making process.
Increase in Investor Confidence: Foreign investors perceive the uniform property management system as a legal protection.
On the macroeconomic side, this expansion enhances the infrastructure of the real estate market in Saudi Arabia and makes it compliant with the international norms of property management and control.
Future Outlook for Real Estate Associations
Smart Tech Integration: Mullak will integrate with new PropTech solutions to allow AI-powered maintenance schedules and predictive budgeting of associations.
Growth Outside Large Cities: The use of secondary cities and new economic areas is expected to pick up as large-scale housing developments are finished.
Greater Foreign Buyer Involvement: With the changing rules of foreign ownership, there will be more foreign investors and they will need the help of the Owners Association to protect their interests.
Policy Enhancements: REGA is supposed to provide additional incentives to comply, and this may include the association ratings with property development permits.
There may be as many as 25,000 Owners Associations by 2030, underpinning a more open, digitally networked and community-driven property market than ever before.
