‎Home loans to individuals decline 41% to SAR 6.2B in January: SAMA

Residential mortgages granted to individuals by banks in Saudi Arabia retreated 41% year-on-year (YoY) to SAR 6.19 billion in January 2026, data issued by the Saudi Central Bank (SAMA) showed.

According to data issued by SAMA, 9,000 contracts were concluded between banks and individuals in January 2026.

The average value of new residential mortgages declined by 12% YoY in January 2026, reaching SAR 687,000.

Financing for residential villas accounted for the largest share of the total mortgages provided by banks during January 2026, with a value of SAR 4.07 billion, at 66%.

Residential apartments came in second place with SAR 1.69 billion, while land plots reached approximately SAR 411 million.

Residential Mortgages to Individuals by Product Type (SAR mln)*

Period

Villas

Apartments

Land Plots

January 2025

6638

3351

475

February

5573

2899

436

March

5186

2798

415

April

3930

2064

304

May

4992

1850

534

June

3259

1577

482

July

4114

1931

371

August

3741

1762

357

September

3692

1826

303

October

3668

1522

357

November

2872

1295

297

December

3774

1428

346

January 2026

4079

1699

411

Residential mortgages granted to individuals by financing firms declined by 21% in January 2026 to around SAR 176 million.

Residential Mortgages to Individuals from Financing Firms (SAR mln)*

Period

2025

2026

Change

January

224

176

(21%)

February

198

—

—

March

197

—

—

April

214

—

—

May

191

—

—

June

169

—

—

July

185

—

—

August

167

—

—

September

206

—

—

October

217

—

—

November

301

—

—

December

219

—

—

Residential mortgages granted to individuals by banks in Saudi Arabia retreated 41% year-on-year (YoY) to SAR 6.19 billion in January 2026, data issued by the Saudi Central Bank (SAMA) showed.

According to data issued by SAMA, 9,000 contracts were concluded between banks and individuals in January 2026.

The average value of new residential mortgages declined by 12% YoY in January 2026, reaching SAR 687,000.

Financing for residential villas accounted for the largest share of the total mortgages provided by banks during January 2026, with a value of SAR 4.07 billion, at 66%.

Residential apartments came in second place with SAR 1.69 billion, while land plots reached approximately SAR 411 million.

Residential Mortgages to Individuals by Product Type (SAR mln)*

Period

Villas

Apartments

Land Plots

January 2025

6638

3351

475

February

5573

2899

436

March

5186

2798

415

April

3930

2064

304

May

4992

1850

534

June

3259

1577

482

July

4114

1931

371

August

3741

1762

357

September

3692

1826

303

October

3668

1522

357

November

2872

1295

297

December

3774

1428

346

January 2026

4079

1699

411

Residential mortgages granted to individuals by financing firms declined by 21% in January 2026 to around SAR 176 million.

Residential Mortgages to Individuals from Financing Firms (SAR mln)*

Period

2025

2026

Change

January

224

176

(21%)

February

198

—

—

March

197

—

—

April

214

—

—

May

191

—

—

June

169

—

—

July

185

—

—

August

167

—

—

September

206

—

—

October

217

—

—

November

301

—

—

December

219

—

—