The new residential mortgage loans grew by 2% YoY to SAR 748,300 in July 2025
Residential mortgages provided by banks to individuals edged down 9% year-on-year (YoY) to SAR 6.42 billion in July, data issued by the Saudi Central Bank (SAMA) showed. 
The total number of residential mortgage contracts signed between banks and individuals reached approximately 8,600 during the month.
The average value of new residential mortgage loans grew by 2% YoY to SAR 748,300 during the same period.
Mortgages for residential villas accounted for the largest share of total bank financing, amounting to SAR 4.11 billion, or 64% of the total, in July. Apartments followed with SAR 1.93 billion, while land plots came in third at SAR 371 million.
New Residential Mortgages by Product Type (SAR mln)*
Period
Villas
Apartments
Lands
January2024
5,132
1,967
440
February
4,529
1,980
433
March
4,912
2,237
474
April
3,681
1,389
270
May
5,114
2,153
408
June
3,427
1,616
263
July
4,380
2,262
429
August
3,791
2,446
362
September
3,883
2,540
397
October
4,828
2,855
458
November
6,502
3,155
408
December
8,120
3,486
335
January2025
6,638
3,351
475
February
5,573
2,899
436
March
5,186
2,798
415
April
3,930
2,064
304
May
4,992
1,850
534
June
3,259
1,577
482
July
4,114
1,931
371
*Does not include interest
New residential mortgage financing provided to individuals by financing companies fell by 4% YoY to approximately SAR 185 million in July.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Year
2024
2025
Change
January
273
224
(18%)
February
268
198
(26%)
March
225
197
(13%)
April
143
214
+49%
May
252
191
(24%)
June
160
169
+5%
July
193
185
(4%)
August
161
—
—
September
202
—
—
October
254
—
—
November
201
—
—
December
235
—
—
*Does not include interest
The new residential mortgage loans grew by 2% YoY to SAR 748,300 in July 2025
Residential mortgages provided by banks to individuals edged down 9% year-on-year (YoY) to SAR 6.42 billion in July, data issued by the Saudi Central Bank (SAMA) showed.
The total number of residential mortgage contracts signed between banks and individuals reached approximately 8,600 during the month.
The average value of new residential mortgage loans grew by 2% YoY to SAR 748,300 during the same period.
Mortgages for residential villas accounted for the largest share of total bank financing, amounting to SAR 4.11 billion, or 64% of the total, in July. Apartments followed with SAR 1.93 billion, while land plots came in third at SAR 371 million.
New Residential Mortgages by Product Type (SAR mln)*
Period
Villas
Apartments
Lands
January2024
5,132
1,967
440
February
4,529
1,980
433
March
4,912
2,237
474
April
3,681
1,389
270
May
5,114
2,153
408
June
3,427
1,616
263
July
4,380
2,262
429
August
3,791
2,446
362
September
3,883
2,540
397
October
4,828
2,855
458
November
6,502
3,155
408
December
8,120
3,486
335
January2025
6,638
3,351
475
February
5,573
2,899
436
March
5,186
2,798
415
April
3,930
2,064
304
May
4,992
1,850
534
June
3,259
1,577
482
July
4,114
1,931
371
*Does not include interest
New residential mortgage financing provided to individuals by financing companies fell by 4% YoY to approximately SAR 185 million in July.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Year
2024
2025
Change
January
273
224
(18%)
February
268
198
(26%)
March
225
197
(13%)
April
143
214
+49%
May
252
191
(24%)
June
160
169
+5%
July
193
185
(4%)
August
161
—
—
September
202
—
—
October
254
—
—
November
201
—
—
December
235
—
—
*Does not include interest
