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As of September 2025, Jeddah's apartment market offers diverse options ranging from SAR 250,000 budget units to SAR 13 million luxury waterfront properties.
The average apartment price per square meter stands at SAR 4,215-4,254, with most standard units falling between SAR 400,000-3,000,000. Al-Salamah and Al-Fayha'a districts provide excellent investment opportunities with rental yields exceeding 11%, while premium areas like Al-Shati and Al-Hamra command the highest prices but offer superior capital appreciation potential.
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Jeddah apartment prices range from SAR 250,000 for budget units to SAR 13 million for luxury waterfront properties, with an average of SAR 4,215-4,254 per square meter.
Al-Salamah offers the best investment returns with 11.7% rental yields, while Al-Shati and Al-Hamra are the most expensive districts commanding premium prices for luxury living.
| District | Price Range | Best For |
|---|---|---|
| Al-Shati | SAR 13M+ for luxury units | Luxury lifestyle, waterfront living |
| Al-Hamra | SAR 8,000/sqm average | Central location, premium amenities |
| Al-Salamah | SAR 590,000-670,000 | Investment (11.7% rental yields) |
| Al-Faisaliyah | SAR 600,000-1,200,000 | Family living, established area |
| Al-Nahda | SAR 400,000-700,000 | Budget-conscious buyers |
| Al-Marwah | SAR 750,000+ | Growing area, good value |
| Al-Fayha'a | SAR 250,000-400,000 | First-time buyers, investment |
What's the current average price of apartments in Jeddah overall?
As of September 2025, the average apartment price per square meter in Jeddah ranges between SAR 4,215 and SAR 4,254.
Most standard apartments across the city fall within the SAR 400,000 to SAR 3,000,000 range. Budget-conscious buyers can find apartments starting from SAR 250,000 to SAR 400,000 in developing neighborhoods like Al-Fayha'a and Al-Nahda. On the premium end, luxury waterfront apartments in Al-Shati can reach SAR 13 million, while high-end properties in Al-Hamra average SAR 8,000 per square meter.
The Jeddah apartment market offers significant variety, with entry-level options for first-time buyers and world-class luxury properties for high-net-worth individuals. The price spread reflects the city's diverse neighborhoods, from emerging districts to established premium waterfront areas.
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How much do apartment prices vary by neighborhood or district in Jeddah?
Apartment prices in Jeddah vary dramatically by location, with premium waterfront districts commanding prices up to 50 times higher than budget neighborhoods.
Al-Shati represents the most expensive district, with luxury units exceeding SAR 13 million, followed by Al-Hamra at SAR 8,000 per square meter. The prestigious Corniche and At-Tahlia areas feature apartments ranging from SAR 1 million to SAR 3 million for luxury properties with sea views and prime retail access.
Mid-range established areas like Al-Faisaliyah offer apartments between SAR 600,000 and SAR 1,200,000, providing good value for families and professionals. Al-Salamah stands out as an up-and-coming district with strong investment potential, offering 2-bedroom apartments with 11.7% rental yields.
Budget-friendly options are available in Al-Nahda (SAR 400,000-700,000), Al-Fayha'a (SAR 250,000-400,000), and Al-Marwah (SAR 750,000+). These areas provide affordable entry points while some, particularly Al-Salamah and Al-Fayha'a, show strong growth potential for investors.
What are the average prices for different apartment sizes in Jeddah?
Apartment prices in Jeddah scale significantly with size, from compact studios to spacious family units.
| Apartment Size | Purchase Price Range | Monthly Rent (City Center) |
|---|---|---|
| Studio | SAR 250,000 - 400,000 | SAR 2,500 - 4,000 |
| 1 Bedroom | SAR 400,000 - 700,000 | SAR 2,500 - 4,000 |
| 2 Bedroom | SAR 700,000 - 1,300,000 | SAR 4,500 - 6,000 |
| 3+ Bedrooms | SAR 1,200,000 - 2,000,000+ | SAR 7,500 - 12,000 |
| Luxury Penthouses | SAR 5,000,000+ | Premium rates |
Studios and one-bedroom apartments represent the most affordable entry point, making them popular among young professionals and investors targeting rental income. Two-bedroom units offer the sweet spot for small families and provide strong rental demand from expatriate workers.
Larger three-bedroom and family-sized apartments command premium prices, especially in established districts like Al-Faisaliyah and Al-Mohammadiyah. Luxury penthouses with sea views and premium amenities start at SAR 5 million and can exceed SAR 10 million in prime waterfront locations.
What are the price differences between luxury, mid-range, and budget apartments?
Jeddah's apartment market is clearly segmented into three distinct price tiers with significant quality and amenity differences.
Luxury apartments command SAR 8,000+ per square meter or SAR 2-13 million total, concentrated in premium districts like Corniche, Al-Hamra, and Al-Shati. These properties feature waterfront locations, high-end finishes, concierge services, and exclusive amenities like private beaches, swimming pools, and premium security systems.
Mid-range apartments fall between SAR 600,000 and SAR 1,200,000, primarily located in established suburban areas like Al-Faisaliyah and Al-Mohammadiyah. These units offer modern amenities, good build quality, and family-friendly neighborhoods with schools, shopping centers, and healthcare facilities nearby.
Budget-friendly apartments range from SAR 250,000 to SAR 700,000 in developing areas like Al-Nahda, Al-Fayha'a, and Al-Marwah. While these properties may have basic finishes and fewer amenities, they provide affordable homeownership opportunities and strong rental yield potential for investors.
The price gap between luxury and budget options reflects not just property quality but also location prestige, amenity access, and long-term appreciation potential.
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Which areas are most expensive, up-and-coming, or affordable for apartments?
Jeddah's apartment market shows clear geographic price patterns, with waterfront and central areas commanding premium prices while emerging districts offer value opportunities.
The most expensive areas include Al-Shati (waterfront luxury), Al-Hamra (historic central district), Corniche (prime sea views), and At-Tahlia (upscale retail and dining). These districts benefit from established infrastructure, prestigious addresses, and limited land availability that drives prices higher.
Up-and-coming areas with strong investment potential include Al-Salamah, which offers exceptional rental yields of 11.7% for 2-bedroom apartments, and Al-Fayha'a, both experiencing increased investor activity and infrastructure development. North Jeddah also shows emerging potential as the city expands.
The most affordable areas for apartment buyers are Al-Nahda, Al-Fayha'a, and Al-Marwah. These districts provide entry-level pricing while some, particularly Al-Salamah, combine affordability with strong rental income potential. Family-oriented expat suburbs like Al-Mohammadiyah and Al-Khalidiyah offer middle-ground pricing with established communities.
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What are concrete examples of recent apartment purchase prices?
Recent apartment sales in Jeddah demonstrate the wide price range across different districts and property sizes.
In Al-Rawdah, a 129 square meter 3-bedroom apartment sold for SAR 550,000, representing excellent value at approximately SAR 4,264 per square meter. Al-Faisaliyah saw a 153 square meter 4-bedroom unit priced at SAR 1,050,000, reflecting the premium for larger family homes in established areas.
Al-Salamah, the standout investment district, featured 137 square meter 4-bedroom apartments selling between SAR 590,000 and SAR 670,000. These prices highlight why the area attracts investors seeking high rental yields. Al-Marwah offered a spacious 223 square meter 6-bedroom apartment for SAR 750,000, demonstrating the value available in emerging eastern districts.
At the higher end, Al-Sawari featured a unique 320 square meter rooftop property with 6 rooms for SAR 1,250,000. Al-Waha showed an exceptional value opportunity with a 3-bedroom 630 square meter unit priced at SAR 375,000, likely indicating an older building or requiring renovation.
These examples show how location, size, and condition significantly impact pricing across Jeddah's diverse neighborhoods.
How much should you expect to pay in total including taxes and fees?
Total apartment purchase costs in Jeddah typically add 7-10% to the property price through various taxes and transaction fees.
The largest expense is the property transaction tax of 5% of the purchase price, recently reduced from 10% in 2025 to encourage market activity. Registration fees range from SAR 2,000 to SAR 5,000 depending on property value and complexity.
Valuation fees cost SAR 3,000 to SAR 10,000, with higher amounts required for Premium Residency applications. Additional costs include notary fees, title transfer costs, legal representation, and municipality processing fees that collectively add another 2-5% to the total.
VAT at 15% applies to agent commissions and legal services. For a SAR 1 million apartment purchase, buyers should budget approximately SAR 70,000 to SAR 100,000 for total transaction costs. Annual property taxes do not apply to individual residential owners, making ongoing ownership costs relatively low compared to other international markets.
How do mortgage rates and financing affect apartment buying costs?
Mortgage financing significantly impacts the total cost of apartment ownership in Jeddah, with rates and terms varying based on buyer nationality and property type.
As of September 2025, the Saudi Central Bank repo rate stands at 5.0%, with typical apartment mortgages carrying 6.86% APR for 5-year terms. Loan-to-value ratios range from 70-90%, though expatriate buyers often face lower LTV limits and higher down payment requirements of 20-30%.
Islamic finance options like Murabaha and Ijara are widely available, avoiding direct interest through profit-sharing or lease-to-own structures. These alternatives often carry similar effective costs to conventional mortgages while meeting religious requirements.
For a SAR 590,000 apartment with a 70% LTV mortgage, monthly payments would approximate SAR 3,500-4,000 depending on term length and down payment. Expatriate buyers should expect stricter income verification requirements and may need to provide employment guarantees or salary certificates.
Pre-approval processes typically take 2-4 weeks, with final approval contingent on property valuation and legal clearance.
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What are the smartest apartment buying choices for different goals?
The optimal apartment choice in Jeddah depends entirely on whether you're buying for personal residence, rental investment, or capital appreciation.
For personal residence, mid-range districts like Al-Faisaliyah and Al-Rawdah offer excellent value with good amenities, established infrastructure, and family-friendly environments. Luxury buyers should focus on Al-Hamra or Corniche areas for lifestyle benefits and prestigious addresses. Expat families often prefer Al-Mohammadiyah and Al-Khalidiyah for international school access and established expatriate communities.
Investment-focused buyers should prioritize Al-Salamah, which delivers exceptional rental yields of 11.7% for 2-bedroom apartments. Other mid-priced districts also provide solid rental returns between 7-9%. Short-term rental opportunities exist near business districts and airports, though regulatory requirements should be verified.
For capital appreciation and resale potential, waterfront properties in Al-Shati and central Al-Hamra locations offer the best long-term growth prospects. These premium areas prove most resilient during market downturns and benefit from limited land supply and ongoing infrastructure development.
Budget-conscious investors should consider Al-Fayha'a and emerging North Jeddah areas for future appreciation potential combined with current affordability.
How have apartment prices changed over the past 5 years and past year?
Jeddah apartment prices have shown consistent upward momentum over both recent and medium-term periods, with acceleration since 2023.
Over the past year (2024-2025), apartment prices increased 3.1% annually, with overall residential prices rising 6%. Interestingly, villa prices declined 1.7% during the same period, indicating strong apartment demand relative to other property types.
The 5-year trend shows apartment prices rising 5-6% annually since 2023, following an exceptional 11.7% increase in 2021. The market has been particularly strong from 2023 onward, driven by Vision 2030 infrastructure projects, population growth, and increased foreign investment following regulatory changes allowing expatriate property ownership.
Premium districts like Al-Hamra and Al-Shati have outperformed the market average, with annual growth rates of 10-12% reflecting limited supply and high demand for luxury properties. Mid-range areas have shown steady 6-8% annual appreciation, while budget districts have experienced more modest but consistent growth.
This sustained price growth reflects fundamental market strength rather than speculative bubbles, supported by economic diversification and demographic trends.
What are the forecasts for apartment prices over the next 1, 5, and 10 years?
Jeddah apartment price forecasts indicate continued growth driven by Vision 2030 projects and demographic expansion, though at moderating rates.
Over the next year, moderate growth of 2-5% is expected as new supply partially balances high demand. The market is maturing from the rapid growth phase of recent years, with price increases becoming more sustainable and aligned with economic fundamentals.
The 5-year outlook projects 40-50% total price growth, representing approximately 7.9% compound annual growth rate. This forecast is based on continued population growth, Vision 2030 infrastructure investments, and limited premium land supply in established districts. Waterfront and central areas are expected to outperform this average due to scarcity factors.
The 10-year forecast depends on broader national policy implementation and international economic conditions. However, Jeddah is expected to remain a high-demand market due to its economic importance, tourism development, and position as Saudi Arabia's commercial gateway. Long-term appreciation should benefit from the city's role in the Kingdom's economic diversification strategy.
It's something we develop in our Saudi Arabia property pack.
How do Jeddah apartment prices compare with other regional and international cities?
Jeddah apartment prices remain highly competitive compared to regional markets, offering superior value and rental yields.
| City | Average Price per SQM | Price Difference vs Jeddah |
|---|---|---|
| Jeddah | SAR 4,215-4,254 | Baseline |
| Riyadh | SAR 5,050 | 18% more expensive |
| Dammam | SAR 3,743 | 13% less expensive |
| Dubai (City Center) | SAR 9,900-13,400 | 219-252% more expensive |
| Abu Dhabi | SAR 8,500-11,000 | 180-220% more expensive |
Within Saudi Arabia, Jeddah sits between Riyadh's premium pricing and Dammam's more affordable market. The 18% price premium to Riyadh reflects the capital's concentrated demand and limited supply, while Jeddah offers better value for similar amenities and lifestyle benefits.
Compared to UAE markets, Jeddah provides exceptional value with apartment prices 60-70% below Dubai and Abu Dhabi levels. More importantly, Jeddah rental yields of 7.9-11.7% significantly exceed Dubai's typical 5-7% apartment yields, making it highly attractive for investment purposes.
This pricing advantage, combined with Saudi Arabia's economic growth trajectory and Vision 2030 developments, positions Jeddah as an attractive alternative to higher-priced Gulf markets for both residents and investors.
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 September 2025 offers compelling opportunities across all price segments, from SAR 250,000 budget units to SAR 13 million luxury properties.
The combination of moderate price growth, strong rental yields, and favorable financing conditions makes Jeddah particularly attractive for both residential buyers and investors seeking exposure to Saudi Arabia's economic transformation.
Sources
- Jeddah Price Forecasts - Sands of Wealth
- Jeddah Prices Going Up - Sands of Wealth
- Jeddah Property Market Analysis - Sands of Wealth
- Average House Prices Saudi Arabia - Sands of Wealth
- Imtilak Apartments for Sale Jeddah
- Bayut Jeddah Apartments
- Most Expensive Areas Saudi Arabia 2025
- Best Areas to Invest in Jeddah - Sands of Wealth
- Cost of Living Saudi Arabia 2025
- Real Estate Saudi Cost of Living