📍 Riyadh — Jumada I 5, 1447 AH (October 27, 2025)

The Global PropTech Summit 2025, organized by the Real Estate General Authority under the patronage of Majed bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs and Housing and chairman of the authority's board, concluded in Riyadh under the theme "Innovation for a Sustainable Future." The summit drew wide participation from local and international experts, investors and entrepreneurs, who discussed the latest global trends in property technology (PropTech) and its role in developing smart cities and improving the efficiency of the real estate sector.

The summit's sessions covered several themes, including artificial intelligence, big data, digital twins, and the Internet of Things in real estate asset management, alongside real estate tokenization, sustainability in modern construction, digital transformation in real estate justice services, the off-plan buyer experience, and the future of smart cities and intelligent real estate infrastructure.

In its closing statement, the summit stressed the importance of boosting investment in advanced real estate technology and encouraging developers and investors to adopt AI solutions, digital twins and sustainable innovation across all stages of design, construction and operation, given their direct impact on improving quality of life and raising operational efficiency.

The summit also emphasized the importance of developing the legislative and regulatory framework in line with rapid technological shifts, by updating regulations and expanding regulatory sandboxes to enable startups to test their innovative products in a safe, stimulating environment, alongside strengthening public-private partnerships to support innovation and expand digital real estate solutions.

The summit recommended establishing specialized investment funds for real estate innovation and attracting local and international capital, alongside expanding financing incentives for companies developing sustainable solutions in smart construction, renewable energy and resource efficiency, stressing the importance of promoting real estate financial inclusion through digital platforms that provide ownership and financing opportunities to a wider segment of citizens.

The summit also called for empowering national human capital by launching educational and training programs and professional certifications in cooperation with academic institutions, in the fields of real estate technology and innovation management, praising the efforts of the Saudi Real Estate Institute and national innovation centers in developing technical capabilities and qualifying specialized cadres.

The summit affirmed that the Kingdom's major national projects serve as a practical laboratory for applying advanced PropTech technologies, through the use of AI solutions and advanced analytics at the planning, construction and operation stages, reflecting the Kingdom's leadership in developing sustainable smart cities and reinforcing its position as a global hub for real estate innovation.

In its closing remarks, the summit stressed that real estate technology is a fundamental pillar for achieving the goals of Saudi Vision 2030 toward a diverse and sustainable digital economy, affirming that the legislative and technological transformations underway in the Kingdom are laying the foundation for a new phase of global leadership in PropTech and the management of future smart cities.