Saudi Real Estate Rebounds in Q2
2026-07-20 06:15
By
Czyrill Jean Coloma
1 min. read
Saudi Arabia’s real estate price index rose 1.3% year-on-year in Q2 2026, rebounding from a 1.6% fall in Q1 and marking the first annual gain since Q3 2025.
Residential property prices recovered (2.6% vs -3.6% in Q1), supported by higher prices for residential land (6.3%), apartments (1.1%), and residential floors (0.4%), offsetting a sharp decline in villa prices (-9.7%).
In contrast, real estate prices in the commercial sector tumbled (-3.2% vs 3.4%), weighed down by lower prices for commercial plots (-3.5%) and buildings (-0.6%), although prices for exhibitions and shops rose 0.4%.
Regionally, property prices increased in Riyadh (4.2%), Makkah (0.4%), Al-Jawf (10.4%), and the Northern Borders (4.6%).
Meanwhile, prices declined in Hail (-10.1%), Qassim (-5.4%), Madinah (-4.5%), and Al-Baha (-2.8%).
On a quarterly basis, the real estate price index rose 3.0% in Q2, rebounding from a 0.2% decline in the previous three-month period.