Saudi Arabian banknotes
New residential mortgages to individuals by banks in Saudi Arabia rose slightly to around SAR 5.87 billion in August 2026, compared with SAR 5.87 billion a year ago. 
On a monthly basis, mortgage lending decreased by around SAR 8 million, according to data released by the Saudi Central Bank (SAMA).
According to the data, the total number of contracts signed between banks and individuals during August 2026 reached around 9,810.
The average value of new residential mortgages declined to SAR 598,000, down 19% from the average value of mortgages in August 2025.
Residential villa financing accounted for the largest share of total financing provided by banks in August, amounting to SAR 3.66 billion, or 62%.
Apartments ranked second at SAR 1.91 billion, while financing for land purchases amounted to around SAR 290 million.
Residential Mortgages by Product (SAR mln)*
Period
Villas
Apartments
Land
January 2026
4,079
1,699
411
February
3,425
1,616
330
March
2,614
1,293
280
April
4,190
1,780
356
May
2,761
1,277
335
June
3,631
1,730
341
July
3,709
1,829
335
August
3,661
1,914
290
*Excluding interest on the financing
Meanwhile, new residential mortgages to individuals by finance companies rose 14% year-on-year (YoY) to around SAR 191 million in August.
Residential Mortgages by Finance Companies (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
191
+14%
September
206
—
—
October
217
—
—
November
301
—
—
December
219
—
—
*Excluding interest on the financing.
Saudi Arabian banknotes
New residential mortgages to individuals by banks in Saudi Arabia rose slightly to around SAR 5.87 billion in August 2026, compared with SAR 5.87 billion a year ago.
On a monthly basis, mortgage lending decreased by around SAR 8 million, according to data released by the Saudi Central Bank (SAMA).
According to the data, the total number of contracts signed between banks and individuals during August 2026 reached around 9,810.
The average value of new residential mortgages declined to SAR 598,000, down 19% from the average value of mortgages in August 2025.
Residential villa financing accounted for the largest share of total financing provided by banks in August, amounting to SAR 3.66 billion, or 62%.
Apartments ranked second at SAR 1.91 billion, while financing for land purchases amounted to around SAR 290 million.
Residential Mortgages by Product (SAR mln)*
Period
Villas
Apartments
Land
January 2026
4,079
1,699
411
February
3,425
1,616
330
March
2,614
1,293
280
April
4,190
1,780
356
May
2,761
1,277
335
June
3,631
1,730
341
July
3,709
1,829
335
August
3,661
1,914
290
*Excluding interest on the financing
Meanwhile, new residential mortgages to individuals by finance companies rose 14% year-on-year (YoY) to around SAR 191 million in August.
Residential Mortgages by Finance Companies (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
191
+14%
September
206
—
—
October
217
—
—
November
301
—
—
December
219
—
—
*Excluding interest on the financing.
