The Agency announced on Apr. 23 a new expansion into the Middle East through a strategic partnership with Maya Real Estate, establishing The Agency Saudi Arabia. The move aims to support Saudi Arabia’s Vision 2030 objectives and elevate real estate standards in the region.
This development is significant as it aligns with efforts to make Saudi Arabia a global destination for investment, lifestyle, and innovation. By combining The Agency’s international expertise with Maya Real Estate’s local knowledge, the collaboration seeks to deliver enhanced value for clients and stakeholders across the Kingdom.
The new office will be led by Dr. Sultan bin Saleh Al-Salem, Managing Partner of The Agency Saudi Arabia and Founder of Maya Real Estate. According to Mauricio Umansky, CEO and Founder of The Agency, “With Vision 2030 accelerating Saudi Arabia’s emergence as a global destination for investment, lifestyle, and innovation, we see a pivotal opportunity to enter the market. Saudi Arabia is experiencing extraordinary growth across residential, commercial, and mixed-use sectors, and we are proud to partner with Dr. Sultan bin Saleh Al-Salem, whose leadership, expertise, and deep understanding of the region position us to thoughtfully and strategically establish The Agency in the Middle East.”
James Ramsay, Executive Vice President of The Agency’s Franchise Division said: “Saudi Arabia continues to emerge as one of the most compelling markets globally, with strong investment potential and large-scale development opportunities. From master-planned communities in Riyadh to world-class resort destinations along the Red Sea, the breadth of opportunity is unmatched. We are excited to bring The Agency’s collaborative culture, innovative marketing, and global platform to this rapidly evolving market.”
Dr. Sultan bin Saleh Al-Salem added: “The launch of The Agency Saudi Arabia reflects both the strength of the market and the caliber of leadership we have in place. As Saudi Arabia continues to evolve into a global destination for investment and lifestyle, we are proud to be part of shaping its next chapter.”
The new office will be located at 5000 King Abdullah lbn Abdulaziz Saud Branch in Riyadh.