1 Day
Source:
الاقتصادية
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Saudi real estate prices since market adjustments
Property prices in Saudi Arabia experienced a slight decline in the third quarter of 2026, decreasing by 1.2% year-over-year, amid a slowdown in the residential, commercial, and agricultural sectors. Land prices, however, rose by 4.9%, despite a continued decline in villa prices for the fourth consecutive month. Commercial real estate saw a 2% decrease. Central regions such as Riyadh and the Northern Borders recorded increases of 4.6% and 12%, respectively, while Hail experienced the most significant decline at 13.1%. These changes followed government measures to regulate the real estate market, including opening up land plots and adjusting white land fees to boost supply and ease price pressures.
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