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Commercial real estate deals total 2.66 billion riyals
The article discusses the volume of commercial real estate transactions in the Kingdom during July and August 2026. The total value of these transactions was approximately 2.66 billion SAR, carried out through 842 deals involving 962 properties, with a combined area exceeding 50 million square meters. The data indicates that Mecca and Medina experienced the largest values and trading activity, with Mecca accounting for 37% of the total value—nearly 998 million SAR in deals. Medina also recorded high transaction values despite a lower number of deals, with an average deal value of around 10.8 million SAR. The Eastern Province ranked second in terms of the number of deals and traded areas, although its total value was less than that of other regions. The data clearly shows significant regional disparities in the size and value of transactions, noting that the number of deals does not always fully reflect the overall market size.
Notice: This Is an AI-Generated Summary
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