Luxury Real Estate in Riyadh — Buy a Villa or Apartment
Riyadh is the centre of Saudi Arabia’s economic transformation. Vision 2030 and the megaprojects around the capital have reshaped the housing market: branded gated residences arrived, and with them a clear framework for foreign buyers.
Nika Estate works in the premium segment of Riyadh: gated communities, villas under security and apartments in projects under construction. Entry to such projects starts at roughly USD 266,000. We verify the developer and the permits before you place a deposit, and run the transaction through to title registration.
Company founder Victor Sadygov personally oversees transactions in Saudi Arabia. We will match a property to your goal — relocation, rental income or an investment with an exit in a few years.
Available properties
- Roya — 306,072 $
- Nesaj Al Fursan — 437,705 $
- Rose Avenue — 1,948,613 AED
- Nobu Residences Riyadh — 622,583 $
- Ewan — 786,561 $
- Rejan Hills — 820,069 $
- Neptune by Mouawad — 853,170 $
- ETOILE — 1,066,461 $
- The Ritz-Carlton Residences, Diriyah — 2,774,930 $
- Baccarat Diriyah — 11,557,770 $
- Armani Residences — 12,853,352 $
- Corinthia Diriyah — 13,388,400 $
Frequently asked questions
Can a foreigner buy property in Riyadh?
Yes. Saudi Arabia has been steadily opening the market to foreign buyers: routes include the Premium IQAMA residency, purchase through a locally registered company, and buying in specific projects where the status is agreed in advance. The route depends on the property — we verify it before any deposit.
How much does luxury property in Riyadh cost?
Our catalogue currently holds 12 properties: apartments — from $306,000 to $13,388,000; villas — from $438,000 to $2,775,000; townhouses — $531,000. The price depends on the district, construction stage and floor area. The full list is below on this page.
Which districts of Riyadh are considered prestigious?
Traditionally the north of the capital: the areas along King Fahd Road, the surroundings of the King Abdullah Financial District, and the new gated communities delivered under Vision 2030. The right district depends on whether you plan to live there, rent it out or hold it.
How long does a transaction take and what is included?
From choosing a property to signing usually takes two weeks to six weeks. We handle developer and document checks, negotiate terms, prepare the contract and support settlement, including questions around transferring funds.
Can I view properties remotely?
Yes. We run video viewings and provide the full document and floor-plan package before you travel. Many clients fly in only for the final viewing, once the shortlist is agreed.