Saudi Arabian banknotes
Residential mortgages granted to individuals by banks in Saudi Arabia declined 9% year-on-year (YoY) to SAR 5.87 billion in July 2026. 
Compared with the previous month, residential mortgage financing increased by SAR 171 million, or 3%.
According to data issued by SAMA, 9,600 mortgage contracts were concluded between banks and individuals in July.
Financing for residential villas accounted for the largest share of total mortgages provided by banks, at SAR 3.70 billion (63%).
Residential apartments came in second with SAR 1.82 billion, while financing for land plots reached approximately SAR 335 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
February
3425
1616
330
March
2614
1293
280
April
4190
1780
356
May
2761
1277
335
June
3631
1730
341
July
3709
1829
335
*Does not include financing interest.
Residential mortgages granted to individuals by financing firms rose by nearly 44% YoY to SAR 267 million in July.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Period
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
259
+53%
July
185
267
+44%
August
167
—
—
September
206
—
—
October
217
—
—
November
301
—
—
December
219
—
—
*Does not include financing interest.
Saudi Arabian banknotes
Residential mortgages granted to individuals by banks in Saudi Arabia declined 9% year-on-year (YoY) to SAR 5.87 billion in July 2026.
Compared with the previous month, residential mortgage financing increased by SAR 171 million, or 3%.
According to data issued by SAMA, 9,600 mortgage contracts were concluded between banks and individuals in July.
Financing for residential villas accounted for the largest share of total mortgages provided by banks, at SAR 3.70 billion (63%).
Residential apartments came in second with SAR 1.82 billion, while financing for land plots reached approximately SAR 335 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
February
3425
1616
330
March
2614
1293
280
April
4190
1780
356
May
2761
1277
335
June
3631
1730
341
July
3709
1829
335
*Does not include financing interest.
Residential mortgages granted to individuals by financing firms rose by nearly 44% YoY to SAR 267 million in July.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Period
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
259
+53%
July
185
267
+44%
August
167
—
—
September
206
—
—
October
217
—
—
November
301
—
—
December
219
—
—
*Does not include financing interest.
