‎Saudi real estate price index rises 1.2% in Q3 2026

Saudi Arabia’s real estate price index rose 1.2% in Q3 2026 to 105.1 points, up from 103.9 points in Q3 2025, based on 2023 as the base year, according to data issued by the General Authority for Statistics (GASTAT).

The increase was mainly driven by a 2.3% year-on-year (YoY) rise in residential property prices, which carry the largest weight in the index at 72.7%.

GASTAT stated that a new index methodology was adopted in Q3 2024, in cooperation with the Real Estate General Authority (REGA), the Ministry of Justice, and the Saudi Central Bank (SAMA), setting 2023 as the base year.

The real estate index gauges three sectors. The residential sector includes residential land plots, villas, apartments, and floors, while the commercial sector covers commercial land plots, buildings, galleries and shops. The agricultural sector includes agricultural land.

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GASTAT said the residential sector rose 2.3% YoY in Q3 2026 due to a 4.9% rise in residential land prices, a 1.7% growth in apartment prices, and a 0.8% increase in residential floor prices.

Meanwhile, the commercial sector, which represents 25.4% of the index weight, decreased by 20% YoY, as commercial land prices declined 2.1% YoY as of Q3 2026.

The agricultural sector rose3.9% YoY to 114.4 points during the same quarter.

As for real estate prices by region, Northern Borders recorded the highest annual rise of 12%, followed by Riyadh at 4.6%, then Madinah at 0.3%.

In contrast, Aseer recorded the largest decline at 4.3%, followed by Hail at 3.8%, and then Eastern Province at 3.7%.

Saudi Real Estate Price Index by Region

Region

Price Index (Points)

YoY Change (%)

Northern Borders

105.2

12%

Riyadh

116.0

4.6%

Madinah

91.9

0.3%

Al-Baha

78.4

(0.3%)

Makkah

99.8

(0.6%)

Qassim

91.4

(1.3%)

Najran

99.9

(1.5%)

Tabuk

101.7

(1.7%)

Jazan

98.9

(1.8%)

Al-Jouf

91.0

(2.8%)

Eastern Province

94.0

(3.7%)

Hail

90.1

(3.8%)

Aseer

82.8

(4.3%)

Saudi Arabia’s real estate price index rose 1.2% in Q3 2026 to 105.1 points, up from 103.9 points in Q3 2025, based on 2023 as the base year, according to data issued by the General Authority for Statistics (GASTAT).

The increase was mainly driven by a 2.3% year-on-year (YoY) rise in residential property prices, which carry the largest weight in the index at 72.7%.

GASTAT stated that a new index methodology was adopted in Q3 2024, in cooperation with the Real Estate General Authority (REGA), the Ministry of Justice, and the Saudi Central Bank (SAMA), setting 2023 as the base year.

The real estate index gauges three sectors. The residential sector includes residential land plots, villas, apartments, and floors, while the commercial sector covers commercial land plots, buildings, galleries and shops. The agricultural sector includes agricultural land.

GASTAT said the residential sector rose 2.3% YoY in Q3 2026 due to a 4.9% rise in residential land prices, a 1.7% growth in apartment prices, and a 0.8% increase in residential floor prices.

Meanwhile, the commercial sector, which represents 25.4% of the index weight, decreased by 20% YoY, as commercial land prices declined 2.1% YoY as of Q3 2026.

The agricultural sector rose3.9% YoY to 114.4 points during the same quarter.

As for real estate prices by region, Northern Borders recorded the highest annual rise of 12%, followed by Riyadh at 4.6%, then Madinah at 0.3%.

In contrast, Aseer recorded the largest decline at 4.3%, followed by Hail at 3.8%, and then Eastern Province at 3.7%.

Saudi Real Estate Price Index by Region

Region

Price Index (Points)

YoY Change (%)

Northern Borders

105.2

12%

Riyadh

116.0

4.6%

Madinah

91.9

0.3%

Al-Baha

78.4

(0.3%)

Makkah

99.8

(0.6%)

Qassim

91.4

(1.3%)

Najran

99.9

(1.5%)

Tabuk

101.7

(1.7%)

Jazan

98.9

(1.8%)

Al-Jouf

91.0

(2.8%)

Eastern Province

94.0

(3.7%)

Hail

90.1

(3.8%)

Aseer

82.8

(4.3%)