Riyadh city
Saudi Arabia’s real estate price index climbed 4.3% in the first quarter of 2025 to 104.93 points from 100.59 points a year earlier, data issued by the General Authority for Statistics (GASTAT) showed.
The authority stated that a new methodology for calculating the index was adopted in Q3 2024, in cooperation with the General Real Estate Authority (REGA), the Ministry of Justice, and the Saudi Central Bank, establishing 2023 as the base year.
This updated methodology aims to enhance the quality and transparency of real estate price data according to global best practices.
The real estate index comprises three segments. The residential segment covers residential land plots, buildings, villas, apartments, and houses, while the commercial segment covers commercial land plots, buildings, shops, and malls. The agricultural segment covers agricultural land.
GASTAT said the residential segment grew 5.1% YoY to 104.26 points in Q1 2025.
Meanwhile, the commercial segment increased by 2.5% YoY to 107.20 points.
However, the agricultural segment retreated 1.1% YoY to 100.87 points in Q1 2025.
For real estate prices by region, Riyadh recorded the highest annual rise at 10.7%, followed by the Northern Region at 8.7% and Al-Jouf at 8.2%.
Saudi Real Estate Price Index by Region
Region
Price Index
(Points)
YoY Change
(%)
Riyadh
114.89
+10.7%
Northern Region
107.05
+8.7%
Al-Jouf
96.98
+8.2%
Najran
102.06
+5.6%
Hail
103.65
+4.1%
Al-Baha
83.86
+2.1%
Makkah
100.08
+1.5%
Tabuk
100.48
+1.2%
Qassim
96.86
+0.1%
Madinah
98.49
(1.4%)
Jazan
101.71
(2.0%)
Aseer
87.52
(4.4%)
Eastern Region
91.45
(5.5%)
Riyadh city
Saudi Arabia’s real estate price index climbed 4.3% in the first quarter of 2025 to 104.93 points from 100.59 points a year earlier, data issued by the General Authority for Statistics (GASTAT) showed.
The authority stated that a new methodology for calculating the index was adopted in Q3 2024, in cooperation with the General Real Estate Authority (REGA), the Ministry of Justice, and the Saudi Central Bank, establishing 2023 as the base year.
This updated methodology aims to enhance the quality and transparency of real estate price data according to global best practices.
The real estate index comprises three segments. The residential segment covers residential land plots, buildings, villas, apartments, and houses, while the commercial segment covers commercial land plots, buildings, shops, and malls. The agricultural segment covers agricultural land.
GASTAT said the residential segment grew 5.1% YoY to 104.26 points in Q1 2025.
Meanwhile, the commercial segment increased by 2.5% YoY to 107.20 points.
However, the agricultural segment retreated 1.1% YoY to 100.87 points in Q1 2025.
For real estate prices by region, Riyadh recorded the highest annual rise at 10.7%, followed by the Northern Region at 8.7% and Al-Jouf at 8.2%.
Saudi Real Estate Price Index by Region
Region
Price Index
(Points)
YoY Change
(%)
Riyadh
114.89
+10.7%
Northern Region
107.05
+8.7%
Al-Jouf
96.98
+8.2%
Najran
102.06
+5.6%
Hail
103.65
+4.1%
Al-Baha
83.86
+2.1%
Makkah
100.08
+1.5%
Tabuk
100.48
+1.2%
Qassim
96.86
+0.1%
Madinah
98.49
(1.4%)
Jazan
101.71
(2.0%)
Aseer
87.52
(4.4%)
Eastern Region
91.45
(5.5%)

