Residential mortgages provided by banks to individuals declined 32% year-on-year (YoY) to SAR 5.55 billion in Oct. 2025, data issued by the Saudi Central Bank (SAMA) showed.
The total number of residential mortgage contracts signed between banks and individuals reached over 8,000 in October 2025.
The average value of new residential mortgage loans fell by 6% YoY to SAR 691,000 during the same period.
Mortgages for residential villas accounted for the largest share of total bank financing, amounting to SAR 3.66 billion, or 66% of the total, in October. Apartments followed with SAR 1.52 billion, while land plots came in third at SAR 357 million.
New Residential Mortgages by Product Type (SAR mln)*
Period
Villas
Apartments
Lands
January2025
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
New residential mortgage financing provided to individuals by financing companies dropped by 15% YoY to approximately SAR 217 million in October.
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
167
+4%
September
202
206
+2%
October
254
217
(15%)
November
201
—
—
December
235
—
—
Residential mortgages provided by banks to individuals declined 32% year-on-year (YoY) to SAR 5.55 billion in Oct. 2025, data issued by the Saudi Central Bank (SAMA) showed.
The total number of residential mortgage contracts signed between banks and individuals reached over 8,000 in October 2025.
The average value of new residential mortgage loans fell by 6% YoY to SAR 691,000 during the same period.
Mortgages for residential villas accounted for the largest share of total bank financing, amounting to SAR 3.66 billion, or 66% of the total, in October. Apartments followed with SAR 1.52 billion, while land plots came in third at SAR 357 million.
New Residential Mortgages by Product Type (SAR mln)*
Period
Villas
Apartments
Lands
January2025
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
New residential mortgage financing provided to individuals by financing companies dropped by 15% YoY to approximately SAR 217 million in October.
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
167
+4%
September
202
206
+2%
October
254
217
(15%)
November
201
—
—
December
235
—
—
