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Saudi real estate prices up 1.2% in Q3 2026
Real estate prices in Saudi Arabia increased by 1.2% during the third quarter of 2026 compared to the same period last year, supported by rises in the residential and agricultural sectors, despite a decline in prices in the commercial sector. Residential prices went up by 2.3%, and agricultural prices by 3.9%, while commercial property prices decreased by 2%. Specifically, land prices for residential use increased by 4.9%, with apartments and residential units gaining more value, despite a 7.7% drop in villas. On a sectoral level, land prices for commercial spaces, exhibitions, and shops fell by 2.1% and 0.9%, respectively, while land prices for agricultural use increased by 3.9%. Quarterly, prices declined by 1.2%, mainly due to a 1.5% decrease in residential sector prices and a 0.3% drop in the commercial sector, with a slight rise of 0.2% in agricultural properties. The areas that experienced the largest increases were Riyadh (4.6%) and the Northern Borders region (12%), while Aseer saw the greatest decline at 4.3%.
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