Saudi Arabian banknotes
Residential mortgages granted to individuals by banks in Saudi Arabia retreated 40% year-on-year (YoY) to SAR 5.37 billion in February 2026. 
According to data issued by SAMA, 8,400 contracts were concluded between banks and individuals in February.
The average value of new residential mortgages declined by 15% YoY to SAR 643,000 during the same month.
Financing for residential villas accounted for the largest share of the total mortgages provided by banks, with a value of SAR 3.42 billion (64%).
Residential apartments came in second place with SAR 1.61 billion, while land plots reached approximately SAR 330 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
*Does not include financing interest.
Residential mortgages granted to individuals by financing firms rose by 22% YoY to SAR 241 million in February.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Period
2025
2026
Change
January
224
176
(21%)
February
198
241
+22%
March
197
—
—
April
214
—
—
May
191
—
—
June
169
—
—
July
185
—
—
August
167
—
—
September
206
—
—
October
217
—
—
November
301
—
—
December
219
—
—
Saudi Arabian banknotes
Residential mortgages granted to individuals by banks in Saudi Arabia retreated 40% year-on-year (YoY) to SAR 5.37 billion in February 2026.
According to data issued by SAMA, 8,400 contracts were concluded between banks and individuals in February.
The average value of new residential mortgages declined by 15% YoY to SAR 643,000 during the same month.
Financing for residential villas accounted for the largest share of the total mortgages provided by banks, with a value of SAR 3.42 billion (64%).
Residential apartments came in second place with SAR 1.61 billion, while land plots reached approximately SAR 330 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
*Does not include financing interest.
Residential mortgages granted to individuals by financing firms rose by 22% YoY to SAR 241 million in February.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Period
2025
2026
Change
January
224
176
(21%)
February
198
241
+22%
March
197
—
—
April
214
—
—
May
191
—
—
June
169
—
—
July
185
—
—
August
167
—
—
September
206
—
—
October
217
—
—
November
301
—
—
December
219
—
—
