Saudi Arabian banknotes
Residential mortgages granted to individuals by banks in Saudi Arabia leapt 28% year-on-year (YoY) to SAR 8.91 billion in February 2025, data issued by the Saudi Central Bank (SAMA) showed. 
According to the data, 11,800 contracts were concluded between banks and individuals in February.
The average value of the new residential mortgage increased to SAR 758,000, rising by 4% YoY.
Financing for residential villas accounted for the largest share of the total mortgages provided by banks during the month, with a value of SAR 5.57 billion, at 63%. Residential apartments came in second place with SAR 2.89 billion, followed by land plots with SAR 436 million.
New Residential Mortgages by Product Type (SAR mln)*
Period
Villas
Apartments
Lands
January2024
5132
1967
440
February
4529
1980
433
March
4912
2237
474
April
3681
1389
270
May
5114
2153
408
June
3427
1616
263
July
4380
2262
429
August
3791
2446
362
September
3883
2540
397
October
4828
2855
458
November
6502
3155
408
December
8120
3486
335
January2025
6638
3351
475
February
5573
2899
436
Residential mortgages granted to individuals by financing firms in Saudi Arabia dropped by 26% YoY to SAR 198 million.
Residential Mortgages to Individuals by Financing Firms (SAR mln)
Year
2024
2025
Change
January
273
224
(18%)
February
268
198
(26%)
March
225
—
April
143
—
May
252
—
June
160
—
July
193
—
August
161
—
September
202
—
October
254
—
November
201
—
December
235
—
Saudi Arabian banknotes
Residential mortgages granted to individuals by banks in Saudi Arabia leapt 28% year-on-year (YoY) to SAR 8.91 billion in February 2025, data issued by the Saudi Central Bank (SAMA) showed.
According to the data, 11,800 contracts were concluded between banks and individuals in February.
The average value of the new residential mortgage increased to SAR 758,000, rising by 4% YoY.
Financing for residential villas accounted for the largest share of the total mortgages provided by banks during the month, with a value of SAR 5.57 billion, at 63%. Residential apartments came in second place with SAR 2.89 billion, followed by land plots with SAR 436 million.
New Residential Mortgages by Product Type (SAR mln)*
Period
Villas
Apartments
Lands
January2024
5132
1967
440
February
4529
1980
433
March
4912
2237
474
April
3681
1389
270
May
5114
2153
408
June
3427
1616
263
July
4380
2262
429
August
3791
2446
362
September
3883
2540
397
October
4828
2855
458
November
6502
3155
408
December
8120
3486
335
January2025
6638
3351
475
February
5573
2899
436
Residential mortgages granted to individuals by financing firms in Saudi Arabia dropped by 26% YoY to SAR 198 million.
Residential Mortgages to Individuals by Financing Firms (SAR mln)
Year
2024
2025
Change
January
273
224
(18%)
February
268
198
(26%)
March
225
—
April
143
—
May
252
—
June
160
—
July
193
—
August
161
—
September
202
—
October
254
—
November
201
—
December
235
—
