Saudi Arabian banknotes
Residential mortgages provided by banks to individuals declined by 41% year-on-year (YoY) to SAR 4.37 billion in May 2026, data issued by the Saudi Central Bank (SAMA) showed. 
On a monthly basis, residential mortgage financing fell by 31%, or SAR 1.95 billion.
The total number of residential mortgage contracts signed between banks and individuals reached approximately 6,500 in May 2026.
The average value of new residential mortgage loans declined by 10% YoY to SAR 667,000 during the same period.
Mortgages for residential villas accounted for the largest share of total bank financing, amounting to SAR 2.76 billion, or 63% of the total in May.
Apartments followed with SAR 1.28 billion, while land plots came in third at SAR 335 million.
New Residential Mortgages by Product Type (SAR mln)*
Period
Villas
Apartments
Lands
January2025
6,638
3351
475
February
5,573
2899
436
March
5,186
2798
415
April
3,930
2064
304
May
4,992
1850
534
June
3,259
1577
482
July
4,114
1931
371
August
3,741
1762
357
September
3,692
1826
303
October
3,668
1522
357
November
2,872
1295
297
December
3,774
1428
346
January2025
4,079
1699
411
February
3,425
1616
330
March
2,614
1293
280
April
4,190
1780
356
May
2,761
1277
335
*Does not include interest
New residential mortgage financing provided to individuals by financingcompanies fell by 2%to approximately SAR 188 millionin May.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Year
2025
2026
Change
January
224
176
(21%)
February
198
241
+22%
March
197
168
(15%)
April
214
265
+24%
May
191
188
(2%)
June
169
—
—
July
185
—
—
August
167
—
—
September
206
—
—
October
217
—
—
November
301
—
—
December
219
—
—
*Does not include interest
Saudi Arabian banknotes
Residential mortgages provided by banks to individuals declined by 41% year-on-year (YoY) to SAR 4.37 billion in May 2026, data issued by the Saudi Central Bank (SAMA) showed.
On a monthly basis, residential mortgage financing fell by 31%, or SAR 1.95 billion.
The total number of residential mortgage contracts signed between banks and individuals reached approximately 6,500 in May 2026.
The average value of new residential mortgage loans declined by 10% YoY to SAR 667,000 during the same period.
Mortgages for residential villas accounted for the largest share of total bank financing, amounting to SAR 2.76 billion, or 63% of the total in May.
Apartments followed with SAR 1.28 billion, while land plots came in third at SAR 335 million.
New Residential Mortgages by Product Type (SAR mln)*
Period
Villas
Apartments
Lands
January2025
6,638
3351
475
February
5,573
2899
436
March
5,186
2798
415
April
3,930
2064
304
May
4,992
1850
534
June
3,259
1577
482
July
4,114
1931
371
August
3,741
1762
357
September
3,692
1826
303
October
3,668
1522
357
November
2,872
1295
297
December
3,774
1428
346
January2025
4,079
1699
411
February
3,425
1616
330
March
2,614
1293
280
April
4,190
1780
356
May
2,761
1277
335
*Does not include interest
New residential mortgage financing provided to individuals by financingcompanies fell by 2%to approximately SAR 188 millionin May.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Year
2025
2026
Change
January
224
176
(21%)
February
198
241
+22%
March
197
168
(15%)
April
214
265
+24%
May
191
188
(2%)
June
169
—
—
July
185
—
—
August
167
—
—
September
206
—
—
October
217
—
—
November
301
—
—
December
219
—
—
*Does not include interest
