Saudi Arabia Serviced Apartment Market Size & Outlook, 2026-2034
Saudi Arabia Serviced Apartment Market Insights
- Deep Market Insights analysis indicates that the Saudi Arabia Serviced Apartment Market size, valued at USD 576.6 Million in 2025, is expected to expand to USD 1159.87 Million by 2034.
- The Saudi Arabia market is forecasted to expand at a CAGR of 7.94% spanning 2026–2034.
- Short-term held the leading position among Stay duration segments in 2025, based on market size.
- Short-term is projected to post the fastest growth rate, sustaining its position as the most attractive Stay duration segment during the forecast horizon.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2025, Saudi Arabia accounted for 1.58% of the global Serviced Apartment Market size.
- By 2034, United States is expected to lead the global Serviced Apartment Market in terms of market size.
- Within Middle East and Africa, United Arab Emirates is projected to dominate the regional Serviced Apartment Market size by 2034.
- United Arab Emirates is identified as the fastest-growing market in Middle East and Africa, anticipated to reach USD 3159.58 Million by 2034.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2025 |
| Study Period | 2022-2034 |
| Historical Period | 2022-2024 |
| Forecast Period | 2026-2034 |
| Market Size In 2025 | USD 576.6 Million |
| Market Size In 2034 | USD 1159.87 Million |
| Largest segment | Short-term |
| Units | Revenue in USD Million |
| CAGR | 7.94% (2026-2034) |
| Segmnetation Covered | |
| Stay duration |
|
| Service level |
|
| Customer |
|
| Property type |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Saudi Arabia Serviced Apartment Market Stay duration 2026-2034 (USD Million)
| Stay duration | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Short-term | XX.x | XX.x | XX.x | 293.72 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Mid-term | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Long-term | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Saudi Arabia Serviced Apartment Market Service level 2026-2034 (USD Million)
| Service level | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Furnished | XX.x | XX.x | XX.x | 372.54 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Luxury serviced | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Saudi Arabia Serviced Apartment Market Customer 2026-2034 (USD Million)
| Customer | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate | XX.x | XX.x | XX.x | 288.65 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Leisure | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Relocation | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Saudi Arabia Serviced Apartment Market Property type 2026-2034 (USD Million)
| Property type | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Studio | XX.x | XX.x | XX.x | 271.92 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| 1-bedroom | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Multi-bedroom | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.