A SAR 500 currency note. Banks signed 8,000 residential mortgage contracts with individuals in August.
Residential mortgages granted to individuals by banks in Saudi Arabia fell 11% year-on-year (YoY) to SAR 5.86 billion in August 2025, data issued by the Saudi Central Bank (SAMA) showed. 
Banks signed 8,000 residential mortgage contracts with individuals during the month, according to SAMA data.
The average value of new residential mortgages rose 1.6% YoY to SAR 736,000.
Residential villas accounted for the largest share of bank-led mortgage financing in August, reaching SAR 3.74 billion, or 64% of the total. Residential apartments followed with SAR 1.76 billion, while land plots accounted for SAR 357 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
August
3,741
1,762
357
Residential mortgages granted to individuals by financing firms in Saudi Arabia rose by 4% YoY to SAR 167 million in August.
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
—
—
October
254
—
—
November
201
—
—
December
235
—
—
A SAR 500 currency note. Banks signed 8,000 residential mortgage contracts with individuals in August.
Residential mortgages granted to individuals by banks in Saudi Arabia fell 11% year-on-year (YoY) to SAR 5.86 billion in August 2025, data issued by the Saudi Central Bank (SAMA) showed.
Banks signed 8,000 residential mortgage contracts with individuals during the month, according to SAMA data.
The average value of new residential mortgages rose 1.6% YoY to SAR 736,000.
Residential villas accounted for the largest share of bank-led mortgage financing in August, reaching SAR 3.74 billion, or 64% of the total. Residential apartments followed with SAR 1.76 billion, while land plots accounted for SAR 357 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
August
3,741
1,762
357
Residential mortgages granted to individuals by financing firms in Saudi Arabia rose by 4% YoY to SAR 167 million in August.
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
—
—
October
254
—
—
November
201
—
—
December
235
—
—
