Data showed lower transaction volumes and values across Saudi Arabia’s property market during February.
Real estate transactions in Saudi Arabia declined in February 2026, with a marked drop in the number and value of residential and non-residential transactions compared with the same period in 2025. 
Data showed the number of residential transactions fell 45% to 18,300 from 33,600 in February 2025, while the number of non-residential transactions declined 42% year-on-year (YoY) to 2,100.
The value of residential transactions dropped 56% to SAR 14.7 billion in February from SAR 33.2 billion a year ago. In addition, the value of non-residential transactions fell 57% YoY to SAR 9.4 billion in February 2026.
The average traded area of residential properties decreased 4% YoY to 411 square meters (sqm), while the average in the non-residential sector rose 65% YoY to 42,100 sqm.
The average value of a residential transaction also fell 3% YoY to SAR 760,000, while the average value of a non-residential transaction declined 17% annually to SAR 2.47 million.
Traded Real Estate Assets (Sale of Property)
Item
Type
Feb. 2025
Feb. 2026
Change
Number of Real Estate Transactions
Residential
33557
18347
(45%)
Non-Residential
3688
2132
(42%)
Value of Transactions (SAR bln)
Residential
33.22
14.65
(56%)
Non-Residential
21.82
9.39
(57%)
Average Traded Space (sqm)
Residential
427
411
(4%)
Non-Residential
25436
42082
+65%
Average Transaction Value (SAR mln)
Residential
0.79
0.76
(3%)
Non-Residential
2.97
2.47
(17%)
The rental market recorded growth in February, with an increase in the number and value of contracts and transactions compared with the same period in 2025.
The number of residential lease contracts rose 37% YoY to 266,300 from 194,800, while non-residential contracts increased 28% YoY to 65,600.
The number of residential lease transactions climbed 52% YoY to 338,300 from 222,200, while non-residential transactions rose 43% YoY to 107,400.
The value of residential lease transactions jumped 85% to SAR 7.0 billion from SAR 3.8 billion in February 2025, while the value of non-residential transactions increased 75% YoY to SAR 5.8 billion.
Real Estate Assets Traded in Rental Market (Rental Market)
Item
Type
February 2025
February 2026
Change
Number of lease contracts (‘000)
Residential
194.8
266.3
+37%
Non-Residential
51.2
65.6
+28%
Number of Lease Transactions (‘000)
Residential
222.2
338.3
+52%
Non-Residential
75.3
107.4
+43%
Value of Transactions (SAR bln)
Residential
3.80
7.02
+85%
Non-Residential
3.32
5.81
+75%
Data also showed that the number of land transactions fell 50% YoY to 10,600, while their value declined 62% annually to SAR 7.6 billion, marking the steepest decline among residential assets.
Apartment transactions decreased 39% YoY to 4,600, with a total value of SAR 3.0 billion, down 42% annually. Villa transactions fell 45% YoY to 1,300, with a value of SAR 2 billion, declining 60% annually.
Sale of Residential Property Assets
Residential Property
Number of Transactions
YoY Change
Number of Transactions (SAR mln)
YoY Change
Land
10574
(50%)
7613.9
(62%)
Duplex
697
(22%)
789.9
(35%)
Floor
757
(28%)
637.8
(36%)
Apartment
4590
(39%)
3003.5
(42%)
Villa
1275
(45%)
1985.2
(60%)
Other
454
(22%)
618.9
(24%)
Riyadh retained its position as the most active region in the Kingdom, accounting for 47%, or SAR 11.2 billion, of total real estate transaction value, followed by Makkah at 24%.
Five regions accounted for around 91% of the total real estate transaction value recorded in the Kingdom.
Top Administrative Regions by Number and Value of Real Estate Transactions (Sale of Property)
Region
Number of Transactions
Percentage of Total
Value of Transactions (SAR mln)
Percentage of Total
Riyadh
5388
26%
11186.9
47%
Makkah
4788
23%
5655.9
24%
Eastern Province
3087
15%
3562.6
15%
Qassim
1657
8%
564.4
2%
Madinah
1072
5%
952.8
4%
At the rental market level, Riyadh maintained its leading position, capturing 42%, or around SAR 5.4 billion, of total transaction value, with more than 145,000 transactions.
Makkah ranked second with SAR 3.3 billion, followed by the Eastern Province at SAR 1.78 billion.
Top Administrative Regions by Number and Value of Rental Transactions
Region
Number of Transactions (‘000)
Percentage of Total
Value of Transactions (SAR mln)
Percentage of Total
Riyadh
145.04
33%
5398.3
42%
Makkah
113.04
25%
3288.0
26%
Eastern Province
73.49
16%
1781.1
14%
Madinah
24.87
6%
759.8
6%
Aseer
20.68
5%
407.0
3%
Data showed lower transaction volumes and values across Saudi Arabia’s property market during February.
Real estate transactions in Saudi Arabia declined in February 2026, with a marked drop in the number and value of residential and non-residential transactions compared with the same period in 2025.
Data showed the number of residential transactions fell 45% to 18,300 from 33,600 in February 2025, while the number of non-residential transactions declined 42% year-on-year (YoY) to 2,100.
The value of residential transactions dropped 56% to SAR 14.7 billion in February from SAR 33.2 billion a year ago. In addition, the value of non-residential transactions fell 57% YoY to SAR 9.4 billion in February 2026.
The average traded area of residential properties decreased 4% YoY to 411 square meters (sqm), while the average in the non-residential sector rose 65% YoY to 42,100 sqm.
The average value of a residential transaction also fell 3% YoY to SAR 760,000, while the average value of a non-residential transaction declined 17% annually to SAR 2.47 million.
Traded Real Estate Assets (Sale of Property)
Item
Type
Feb. 2025
Feb. 2026
Change
Number of Real Estate Transactions
Residential
33557
18347
(45%)
Non-Residential
3688
2132
(42%)
Value of Transactions (SAR bln)
Residential
33.22
14.65
(56%)
Non-Residential
21.82
9.39
(57%)
Average Traded Space (sqm)
Residential
427
411
(4%)
Non-Residential
25436
42082
+65%
Average Transaction Value (SAR mln)
Residential
0.79
0.76
(3%)
Non-Residential
2.97
2.47
(17%)
The rental market recorded growth in February, with an increase in the number and value of contracts and transactions compared with the same period in 2025.
The number of residential lease contracts rose 37% YoY to 266,300 from 194,800, while non-residential contracts increased 28% YoY to 65,600.
The number of residential lease transactions climbed 52% YoY to 338,300 from 222,200, while non-residential transactions rose 43% YoY to 107,400.
The value of residential lease transactions jumped 85% to SAR 7.0 billion from SAR 3.8 billion in February 2025, while the value of non-residential transactions increased 75% YoY to SAR 5.8 billion.
Real Estate Assets Traded in Rental Market (Rental Market)
Item
Type
February 2025
February 2026
Change
Number of lease contracts (‘000)
Residential
194.8
266.3
+37%
Non-Residential
51.2
65.6
+28%
Number of Lease Transactions (‘000)
Residential
222.2
338.3
+52%
Non-Residential
75.3
107.4
+43%
Value of Transactions (SAR bln)
Residential
3.80
7.02
+85%
Non-Residential
3.32
5.81
+75%
Data also showed that the number of land transactions fell 50% YoY to 10,600, while their value declined 62% annually to SAR 7.6 billion, marking the steepest decline among residential assets.
Apartment transactions decreased 39% YoY to 4,600, with a total value of SAR 3.0 billion, down 42% annually. Villa transactions fell 45% YoY to 1,300, with a value of SAR 2 billion, declining 60% annually.
Sale of Residential Property Assets
Residential Property
Number of Transactions
YoY Change
Number of Transactions (SAR mln)
YoY Change
Land
10574
(50%)
7613.9
(62%)
Duplex
697
(22%)
789.9
(35%)
Floor
757
(28%)
637.8
(36%)
Apartment
4590
(39%)
3003.5
(42%)
Villa
1275
(45%)
1985.2
(60%)
Other
454
(22%)
618.9
(24%)
Riyadh retained its position as the most active region in the Kingdom, accounting for 47%, or SAR 11.2 billion, of total real estate transaction value, followed by Makkah at 24%.
Five regions accounted for around 91% of the total real estate transaction value recorded in the Kingdom.
Top Administrative Regions by Number and Value of Real Estate Transactions (Sale of Property)
Region
Number of Transactions
Percentage of Total
Value of Transactions (SAR mln)
Percentage of Total
Riyadh
5388
26%
11186.9
47%
Makkah
4788
23%
5655.9
24%
Eastern Province
3087
15%
3562.6
15%
Qassim
1657
8%
564.4
2%
Madinah
1072
5%
952.8
4%
At the rental market level, Riyadh maintained its leading position, capturing 42%, or around SAR 5.4 billion, of total transaction value, with more than 145,000 transactions.
Makkah ranked second with SAR 3.3 billion, followed by the Eastern Province at SAR 1.78 billion.
Top Administrative Regions by Number and Value of Rental Transactions
Region
Number of Transactions (‘000)
Percentage of Total
Value of Transactions (SAR mln)
Percentage of Total
Riyadh
145.04
33%
5398.3
42%
Makkah
113.04
25%
3288.0
26%
Eastern Province
73.49
16%
1781.1
14%
Madinah
24.87
6%
759.8
6%
Aseer
20.68
5%
407.0
3%
