‎Madinah records 3,414 property deals worth SAR 7.2B in Q1 2025

‎Madinah records 3,414 property deals worth SAR 7.2B in Q1 2025 ‎Madinah records 3,414 property deals worth SAR 7.2B in Q1 2025

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Medinah

Real estate transactions in Medinah reached 3,414 deals worth SAR 2.71 billion in the first quarter of 2025, according to a report from the city’s chamber of commerce.

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Residential properties accounted for about SAR 2.1 billion, followed by commercial deals at SAR 520 million and agricultural land at SAR 124 million.

Stocks at 52-Week Lows

Property Type

No. of Deals

Value (SAR mn)

Area (’000 sqm)

Avg. Price per sqm (SAR)

Residential

3,149

2,064.2

2,439.6

846.1

Commercial

234

520.8

286.2

1,816.3

Agricultural

31

124.1

1,887.3

65.7

Total

3,414

2,708.1

4,613.1

The value of real estate transactions in the Medina region climbed to SAR 8.2 billion in 2024, marking a 19.5% increase from the previous year, the chamber of commerce said in its report, adding that residential land prices rose about 6% during the same period.

 

Medinah

Real estate transactions in Medinah reached 3,414 deals worth SAR 2.71 billion in the first quarter of 2025, according to a report from the city’s chamber of commerce.

Residential properties accounted for about SAR 2.1 billion, followed by commercial deals at SAR 520 million and agricultural land at SAR 124 million.

Stocks at 52-Week Lows

Property Type

No. of Deals

Value (SAR mn)

Area (’000 sqm)

Avg. Price per sqm (SAR)

Residential

3,149

2,064.2

2,439.6

846.1

Commercial

234

520.8

286.2

1,816.3

Agricultural

31

124.1

1,887.3

65.7

Total

3,414

2,708.1

4,613.1

The value of real estate transactions in the Medina region climbed to SAR 8.2 billion in 2024, marking a 19.5% increase from the previous year, the chamber of commerce said in its report, adding that residential land prices rose about 6% during the same period.

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