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Saudi Arabia real estate prices surge 1.2% in Q3 2026
The real estate price index in Saudi Arabia increased by 1.2% during the third quarter of 2026 compared to the same period last year. Residential sector prices rose by 2.3%, and the agricultural sector by 3.9%, while commercial property prices declined by 2%. Specifically, land prices for residential purposes went up by 4.9%, apartments by 1.7%, and residential floors by 0.8%, while villas dropped by 7.7%. On a quarterly basis, prices overall decreased by 1.2% compared to the second quarter, with the residential sector down by 1.5%, and the commercial sector by 0.3%. Meanwhile, agricultural land prices increased slightly by 0.2%. In terms of regions, notable increases were observed in Riyadh by 4.6% and the Northern region by 12%, while Asir experienced the largest decline at 4.3%.
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