Saudi banknotes
Residential mortgages granted to individuals by banks in Saudi Arabia leapt 10% year-on-year (YoY) to SAR 8.4 billion in March 2025, data issued by the Saudi Central Bank (SAMA) showed. 
Banks signed 11,100 residential mortgage contracts with individuals during the month, according to SAMA data.
The average value of new residential mortgages rose 2% YoY to SAR 756,000.
Financing for residential villas accounted for the largest share of total bank mortgages in March, reaching SAR 5.18 billion, or 62% of the total. Residential apartments followed with SAR 2.79 billion, while land plots accounted for SAR 415 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
Residential mortgages granted to individuals by financing firms in Saudi Arabia dropped by 12% YoY to SAR 197 million.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Year
2024
2025
Change
January
273
224
(18%)
February
268
198
(26%)
March
225
197
(12%)
April
143
—
—
May
252
—
—
June
160
—
—
July
193
—
—
August
161
—
—
September
202
—
—
October
254
—
—
November
201
—
—
December
235
—
—
Saudi banknotes
Residential mortgages granted to individuals by banks in Saudi Arabia leapt 10% year-on-year (YoY) to SAR 8.4 billion in March 2025, data issued by the Saudi Central Bank (SAMA) showed.
Banks signed 11,100 residential mortgage contracts with individuals during the month, according to SAMA data.
The average value of new residential mortgages rose 2% YoY to SAR 756,000.
Financing for residential villas accounted for the largest share of total bank mortgages in March, reaching SAR 5.18 billion, or 62% of the total. Residential apartments followed with SAR 2.79 billion, while land plots accounted for SAR 415 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
Residential mortgages granted to individuals by financing firms in Saudi Arabia dropped by 12% YoY to SAR 197 million.
Residential Mortgages to Individuals from Financing Firms (SAR mln)*
Year
2024
2025
Change
January
273
224
(18%)
February
268
198
(26%)
March
225
197
(12%)
April
143
—
—
May
252
—
—
June
160
—
—
July
193
—
—
August
161
—
—
September
202
—
—
October
254
—
—
November
201
—
—
December
235
—
—
