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Jeddah's apartment market offers diverse options with prices ranging from SAR 300,000 for studios to SAR 3,000,000 for luxury units as of June 2025.
The average price per square meter sits at SAR 4,200-4,500, making Jeddah more affordable than Dubai or Doha while remaining competitive with Riyadh. Premium waterfront districts like The Corniche command the highest prices, while emerging neighborhoods like Al-Nahda offer excellent value for money. With mortgage down payments reduced to just 5% for first-time buyers and steady price growth of 5-6% annually, the market presents compelling opportunities for both residents and investors.
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Jeddah apartment prices average SAR 4,200-4,500 per square meter, with most units ranging from SAR 500,000 to SAR 1,500,000.
The market shows steady growth with 5-6% annual price increases and new mortgage options making purchases more accessible.
| Apartment Type | Price Range (SAR) | Best Areas |
|---|---|---|
| Studio | 300,000 - 700,000 | Al-Nahda, Al-Faisaliyah |
| 1-Bedroom | 400,000 - 900,000 | Al-Faisaliyah, Al-Shati |
| 2-Bedroom | 500,000 - 1,200,000 | Al-Hamra, At-Tahlia |
| 3-Bedroom | 700,000 - 1,500,000 | The Corniche, Al-Shati |
| Luxury/Duplex | 1,500,000 - 3,000,000+ | The Corniche, At-Tahlia |
| Premium Waterfront | 2,000,000 - 8,000,000 | The Corniche, Al-Hamra |
| Budget Options | 300,000 - 600,000 | Al-Nahda, Prince Fawaz |
What's the current average price of an apartment in Jeddah?
The average apartment price in Jeddah ranges from SAR 4,200 to SAR 4,500 per square meter as of June 2025.
Most mid-range apartments in the city are priced between SAR 500,000 and SAR 1,500,000, depending on their location, size, and amenities. The total price range extends from SAR 300,000 for basic studios in affordable neighborhoods to SAR 3,000,000 for luxury waterfront units.
The Jeddah apartment market caters to various budgets, with significant price variations based on neighborhood prestige and property features. Premium districts like The Corniche and Al-Shati command higher prices due to their waterfront locations and luxury amenities, while emerging areas like Al-Nahda offer more affordable options without compromising on quality.
As we reach mid-2025, the market shows steady demand with consistent pricing across different segments, making it an attractive destination for both local and international buyers.
How do apartment prices vary across different neighborhoods in Jeddah?
Jeddah's neighborhood pricing creates distinct tiers from premium waterfront areas to affordable suburban districts.
| Neighborhood | Price Range (SAR) | Characteristics |
|---|---|---|
| The Corniche | 1,000,000 - 3,000,000 | Waterfront luxury, sea views, premium amenities |
| Al-Shati | 800,000 - 2,500,000 | Diplomatic area, upscale living, embassy proximity |
| At-Tahlia | 1,000,000 - 3,000,000 | Modern urban district, shopping, business hub |
| Al-Hamra | 600,000 - 1,800,000 | Traditional meets modern, up to SAR 8,000/sqm |
| Al-Faisaliyah | 600,000 - 1,200,000 | Family-friendly, central location, good connectivity |
| Al-Nahda | 400,000 - 700,000 | Affordable, emerging area, excellent value |
| Al-Nazlah | 300,000 - 600,000 | Budget-friendly, residential, growing infrastructure |
What are the average prices for apartments based on size and number of bedrooms?
Apartment pricing in Jeddah follows a clear structure based on size and bedroom count, with larger units commanding premium prices.
Studios typically range from 30-50 square meters and cost SAR 300,000 to SAR 700,000, making them ideal for singles or investment purposes. One-bedroom apartments, spanning 50-80 square meters, are priced between SAR 400,000 and SAR 900,000, representing the most popular choice for first-time buyers.
Two-bedroom units occupy 80-120 square meters and cost SAR 500,000 to SAR 1,200,000, perfect for small families or those needing extra space. Three-bedroom apartments, ranging from 120-180 square meters, are priced between SAR 700,000 and SAR 1,500,000, catering to larger families.
Duplex and luxury units exceed 180 square meters and start from SAR 1,500,000, reaching up to SAR 3,000,000 or more for premium waterfront properties with exclusive amenities.
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How do apartment prices break down by different types like studio, 1-bedroom, or duplex units?
Jeddah's apartment market offers distinct pricing tiers across different unit types, each serving specific buyer needs and investment strategies.
- Studios (SAR 300,000-700,000): Compact units perfect for young professionals, students, or investors seeking affordable entry points into the market
- 1-Bedroom apartments (SAR 400,000-900,000): The most popular segment, offering good balance between space and affordability for singles or couples
- 2-Bedroom units (SAR 500,000-1,200,000): Family-oriented apartments with flexible space usage, popular among small families and those needing home offices
- 3-Bedroom apartments (SAR 700,000-1,500,000): Spacious family homes with multiple bathrooms and larger living areas, suited for established families
- Duplex and luxury units (SAR 1,500,000-3,000,000+): Premium properties featuring multiple floors, private terraces, and high-end finishes for affluent buyers
What's the total purchase cost including taxes, registration, agency fees, and maintenance charges?
The total cost of purchasing an apartment in Jeddah extends significantly beyond the advertised price due to various fees and taxes.
The Real Estate Transaction Tax (RETT) represents the largest additional cost at 5% of the property value, introduced in April 2025. Registration fees typically range from SAR 1,000 to SAR 2,000, while agency fees usually amount to 2% of the property value. Annual maintenance charges vary from SAR 2,000 to SAR 10,000 depending on the building's amenities and services.
For a SAR 1,000,000 apartment, the breakdown includes RETT of SAR 50,000, agency fees of SAR 20,000, registration costs of SAR 2,000, and annual maintenance of approximately SAR 5,000. This brings the total upfront investment to around SAR 1,072,000, excluding the ongoing annual maintenance expenses.
Buyers should budget an additional 7-8% above the purchase price for immediate costs, plus ongoing annual maintenance expenses ranging from 0.2% to 1% of the property value depending on the building's luxury level and included services.
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How have apartment prices changed over the past 5 years and the last 12 months?
Jeddah's apartment market has demonstrated consistent growth over the past five years with a compound annual growth rate of 4.4% since 2020.
The most significant price surge occurred in 2021, when apartment values jumped by 11.7% year-on-year, representing the fastest pace of growth in five years. This dramatic increase was driven by Vision 2030 initiatives, increased urbanization, and major infrastructure investments throughout the city.
Over the last 12 months, prices have continued their upward trajectory with a 5-6% increase in 2024, carrying momentum into 2025. This steady growth reflects sustained demand from both local buyers and expatriate residents attracted to Jeddah's improving infrastructure and business opportunities.
The price appreciation has been supported by new development projects, improved mortgage accessibility, and the city's growing importance as a business and tourism hub. As of June 2025, the market shows no signs of significant volatility, maintaining its steady growth pattern.
What are expected price trends and forecasts for the next 1, 5, and 10 years?
Jeddah's apartment market outlook presents a measured growth trajectory across different time horizons, driven by Vision 2030 initiatives and continued urban development.
In the short term over the next year, prices are expected to stabilize or rise slightly as new supply enters the market, potentially moderating the rapid growth seen in recent years. The increased inventory from ongoing construction projects may provide more options for buyers while maintaining price stability.
The medium-term forecast for the next five years indicates continued moderate growth of 3-5% annually, supported by population growth, infrastructure improvements, and Vision 2030 economic diversification projects. The city's expanding role as a tourism and business destination will likely sustain steady demand for residential properties.
Long-term projections over the next decade suggest steady appreciation, particularly in premium and well-connected areas that benefit from new transportation links and waterfront developments. Areas near NEOM project connections and Red Sea tourism developments are expected to show stronger appreciation than the market average.
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How do apartment prices in Jeddah compare with Riyadh, Dubai, and Doha?
Jeddah offers competitive apartment pricing compared to major regional cities, positioning itself as an affordable alternative to Gulf capitals.
| City | Average Price per sqm (SAR) | Market Position |
|---|---|---|
| Jeddah | 4,200 - 4,500 | Affordable, steady growth |
| Riyadh | 4,971 - 5,320 | 15-20% higher than Jeddah |
| Dubai | 25,176 (city center) | 5-6 times more expensive |
| Doha | Comparable to Dubai | Premium segment, luxury focus |
| Kuwait City | Similar to Riyadh | Slightly higher than Jeddah |
| Manama | Lower than Jeddah | More affordable option |
| Abu Dhabi | Higher than Dubai | Premium UAE market |
What mortgage options are available and what are the monthly costs?
Jeddah's mortgage market has become significantly more accessible with reduced down payment requirements and competitive interest rates.
First-time buyers can now secure mortgages with just 5% down payment, a dramatic reduction from the previous 30% requirement. Typical mortgage rates range from 4.5% to 5% fixed for 20-year terms, making homeownership more achievable for a broader range of buyers.
For a SAR 1,000,000 apartment with a 5% down payment (SAR 50,000), a 20-year mortgage at 4.5% interest results in monthly payments of approximately SAR 6,000 to SAR 6,300. This calculation assumes a loan amount of SAR 950,000 over the 20-year term.
Mortgage availability has expanded to include both Saudi citizens and expatriate residents, with banks offering competitive packages to attract foreign investment. The improved mortgage accessibility has contributed to increased market activity and price stability, making apartment purchases more feasible for middle-income buyers.
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Which apartment options are considered the smartest buys right now?
The smartest apartment investments in Jeddah vary depending on your primary objectives, with distinct opportunities across different market segments.
- Best Value Properties: Al-Nahda and Al-Faisaliyah offer excellent affordability with strong growth prospects, particularly for first-time buyers and investors
- Highest Investment Returns: Al-Salamah provides rental yields up to 11.7%, while Al-Hamra offers premium appreciation potential for long-term investors
- Lifestyle Premium: The Corniche and Al-Shati deliver luxury living with sea views, maintaining high demand and strong resale values
- Emerging Opportunities: Suburban areas near new infrastructure projects present early-entry advantages with potential for significant appreciation
- Balanced Investments: At-Tahlia combines modern amenities with central location, offering both rental income potential and capital appreciation
What are the best strategies for different purposes: living, short-term rental, long-term rental, or resale?
Each investment purpose requires a tailored approach to maximize returns and meet specific objectives in Jeddah's diverse apartment market.
For personal residence, family-friendly areas like Al-Faisaliyah, Al-Nahda, and Al-Shati provide excellent quality of life with good schools, amenities, and community atmosphere. These neighborhoods offer stable property values and strong resale potential when you eventually move.
Short-term rental strategies work best in tourist-focused areas like The Corniche, Al-Hamra, and central districts where business travelers and tourists prefer to stay. These locations command premium nightly rates and maintain high occupancy during peak seasons.
Long-term rental investments perform exceptionally well in Al-Salamah, which offers yields up to 11.7%, and Al-Faisaliyah, where steady demand from expatriate professionals ensures consistent rental income. These areas provide reliable cash flow with minimal vacancy periods.
For resale and capital appreciation, focus on Al-Hamra, At-Tahlia, and areas near new infrastructure projects where development activity drives property value increases. Waterfront properties in premium locations also maintain strong appreciation potential over time.
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Can you provide real-world examples of actual apartment purchases in Jeddah?
Recent apartment transactions in Jeddah demonstrate the market's diversity and pricing across different neighborhoods and property types.
| Location | Price (SAR) | Size/Type | Purpose |
|---|---|---|---|
| Al Faiha | 880,000 | 215 sqm, 4-bedroom | Family residence |
| Al Zahraa | 750,000 | 120 sqm, 3-bedroom | Investment property |
| Al Rawdah | 6,000,000 | 269 sqm, luxury 4-bedroom | Premium investment |
| Al Fayhaa | 680,000 | 175 sqm, 6-bedroom | Large family home |
| Al Salamah | 45,000/year rental | 131 sqm, 4-bedroom | Rental property |
| The Corniche | 2,200,000 | 150 sqm, 3-bedroom sea view | Luxury residence |
| Al-Nahda | 485,000 | 90 sqm, 2-bedroom | First-time buyer |
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Jeddah's apartment market in 2025 presents compelling opportunities across all buyer segments, from first-time homeowners to sophisticated investors.
With competitive pricing compared to regional markets, improved mortgage accessibility, and steady growth driven by Vision 2030 initiatives, the city offers both lifestyle benefits and investment potential for those willing to research and choose wisely.