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What are housing prices like in Dammam right now? (2026)

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Authored by the expert who managed and guided the team behind the Saudi Arabia Property Pack

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This guide covers the current housing prices in Dammam, Saudi Arabia, with data we constantly update to keep it fresh and accurate.

You will find median prices, price per square meter, neighborhood comparisons, and real examples of what you can buy at different budgets.

We also break down the extra costs like taxes and fees so you know exactly what to expect.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Dammam.

Insights

  • The median home price in Dammam in 2026 sits around SAR 750,000 (about $200,000), which is roughly 20% lower than comparable properties in Riyadh, making the Eastern Province an attractive alternative for Saudi homebuyers.
  • Coastal neighborhoods like Al Shati command price premiums of up to 80% compared to inland areas like Al Badiyah, purely because of lifestyle appeal and proximity to the waterfront.
  • Apartments make up about 65% of all Dammam residential listings, reflecting the city's density and the preferences of its young professional population.
  • New construction in Dammam typically sells for 10% to 18% more than comparable existing homes, a gap driven by better energy efficiency and lower maintenance costs in the first five years.
  • The 5% Real Estate Transaction Tax is the single biggest additional cost for buyers in Dammam, often adding SAR 37,500 or more to a typical purchase.
  • Dammam housing prices rose by an estimated 4% to 6% over the past year, outpacing Saudi Arabia's low inflation rate and delivering real gains to homeowners.
  • Entry-level apartments in older neighborhoods like Al Mazruiyah can still be found for around SAR 300,000 ($80,000), making homeownership accessible for first-time buyers.
  • The price per square meter in premium Dammam areas like Al Qusur can reach SAR 5,800, while budget areas hover around SAR 2,400, a gap of more than 140%.
  • Over the past decade, Dammam housing prices have increased by an estimated 55% to 75% in nominal terms, driven by urban growth and improved mortgage access.
  • Closed sale prices in Dammam typically come in 4% to 7% below the last asking price, giving buyers meaningful room to negotiate.

What is the average housing price in Dammam in 2026?

The median housing price is more useful than the average because it is not skewed by a few very expensive or very cheap properties, giving you a better sense of what a typical buyer actually pays in the Dammam market.

We are writing this as of the first half of 2026, using the latest data we collected from official Saudi sources and international real estate consultancies, all of which we manually verified.

The median housing price in Dammam in 2026 is approximately SAR 750,000, which converts to about $200,000 or around €170,000. The average housing price in Dammam is higher at around SAR 950,000, equivalent to about $253,000 or €215,000, because luxury villas pull the average up.

About 80% of residential properties in Dammam in 2026 fall within a price range of SAR 450,000 to SAR 1,800,000, or roughly $120,000 to $480,000.

A realistic entry-level purchase in Dammam starts around SAR 300,000 to SAR 450,000 ($80,000 to $120,000, or €68,000 to €102,000), which would get you an older one or two-bedroom apartment of about 60 to 85 square meters in a neighborhood like Al Mazruiyah.

Luxury properties in Dammam in 2026 typically range from SAR 5,000,000 to SAR 10,000,000 or more ($1.3 million to $2.7 million, or €1.1 million to €2.3 million), and at this level you can expect a large detached villa of 350 to 600 square meters in a premium coastal area like Al Shati with high-end finishes.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Dammam.

Sources and methodology: we combined official Saudi government statistics with reports from established real estate consultancies to build these Dammam price estimates. We cross-referenced data from GASTAT's Real Estate Price Index with Dammam Metropolitan Area benchmarks from Knight Frank's Saudi Arabia Residential Market Review. We then adjusted for local neighborhood variations based on typical property sizes and conditions observed in the market.

Are Dammam property listing prices close to the actual sale price in 2026?

In Dammam, closed sale prices typically come in about 4% to 7% below the last asking price.

This gap exists because sellers in the Dammam market often build negotiation room into their asking prices, knowing buyers will compare multiple listings and make counteroffers. The discount tends to be larger for older properties that need work or sit on the market longer, while newer homes in desirable areas like Al Shati may sell closer to asking price because demand is stronger.

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What is the price per sq m or per sq ft for properties in Dammam in 2026?

As of early 2026, the median price per square meter in Dammam is approximately SAR 3,500 (about $933 or €792), while the average price per square meter is around SAR 3,800 ($1,013 or €860). In terms of price per square foot, that translates to a median of about SAR 325 ($87) and an average of about SAR 353 ($94).

Smaller, newer apartments in premium coastal areas tend to have the highest price per square meter in Dammam because their limited size and desirable location create concentrated demand, while larger, older properties in inland neighborhoods have the lowest price per square meter because their bigger floor area dilutes the cost.

The highest prices per square meter in Dammam in 2026 are found in neighborhoods like Al Shati, Al Qusur, and Al Nada, where you can expect to pay SAR 4,200 to SAR 6,500 per square meter. The lowest prices per square meter are in areas like Al Nur, Al Badiyah, and Al Jamiyin, where the range drops to SAR 2,400 to SAR 3,000 per square meter.

Sources and methodology: we anchored our price-per-square-meter estimates to the Dammam Metropolitan Area benchmarks published by Knight Frank, which reported apartment averages around SAR 3,743 per sqm. We adjusted these figures for specific Dammam neighborhoods based on local market positioning and cross-checked against regional trends described by JLL's Eastern Province analysis. Neighborhood ranges reflect variations in building age, location desirability, and typical property conditions.

How have property prices evolved in Dammam?

Compared to January 2025, Dammam housing prices have increased by an estimated 4% to 6% in nominal terms. This growth has been driven mainly by strong demand in well-located neighborhoods where buyers compete for newer, quality stock, while supply of new residential units has been uneven across the metro area.

Looking back to January 2024, Dammam prices are up by roughly 8% to 12% over the two-year period. The consistent upward trend reflects ongoing household formation in the Eastern Province combined with improved mortgage availability, which has brought more buyers into the market.

By the way, we've written a blog article detailing the latest updates on property price variations in Dammam.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Dammam.

Sources and methodology: we used GASTAT's Real Estate Price Index as the primary anchor for understanding the direction and pace of Saudi residential price changes. We incorporated inflation context from SAMA's Inflation Report to calculate real (inflation-adjusted) changes. Dammam-specific estimates were calibrated using regional trends reported by Knight Frank and JLL.

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What types of homes are available in Dammam and what do they cost in 2026?

Apartments dominate the Dammam housing market, making up about 65% of listings, followed by detached villas at around 20%, duplexes at 7%, townhouses at 4%, studios at 3%, and luxury penthouses at about 1%, a mix that reflects the city's density and the preference of many residents for low-maintenance living.

As of early 2026, studio apartments in Dammam typically cost around SAR 150,000 ($40,000 or €34,000), while two-bedroom apartments average about SAR 330,000 ($88,000 or €75,000). Three-bedroom apartments run around SAR 500,000 ($133,000 or €113,000), duplexes average SAR 800,000 ($213,000 or €181,000), townhouses sit at about SAR 900,000 ($240,000 or €204,000), and detached villas average around SAR 1,600,000 ($427,000 or €362,000).

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we estimated the property type breakdown by analyzing listing patterns in the Dammam market and regional housing reports. Price averages for each property type were calculated using per-square-meter benchmarks from Knight Frank multiplied by typical sizes for each category. We validated these figures against market observations from JLL's Eastern Province analysis.

How do property prices compare between existing and new homes in Dammam in 2026?

New construction in Dammam typically sells for about 10% to 18% more than comparable existing homes in the same neighborhood.

This premium exists because newer buildings offer better layouts, more efficient air conditioning, modern parking facilities, and elevators, plus buyers avoid the surprise maintenance costs that often come with older properties in the first few years of ownership.

Sources and methodology: we derived the new-versus-existing price gap by comparing asking prices for new developments against resale listings in the same Dammam neighborhoods. We cross-referenced this with market commentary from Knight Frank on building quality premiums. The range accounts for variation across property types and neighborhood desirability.

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How do property prices vary by neighborhood in Dammam in 2026?

Al Shati is Dammam's premier coastal neighborhood, popular with affluent families and expats who want waterfront access and a lifestyle-oriented environment. Prices here range from SAR 1.4 million to SAR 6 million ($373,000 to $1.6 million, or €317,000 to €1.36 million), reflecting the premium that buyers pay for newer villas, larger apartments, and proximity to the Corniche.

Al Qusur attracts families looking for spacious villas and duplexes in a quieter, upmarket residential setting away from the busy commercial areas. Property prices in Al Qusur range from SAR 1.2 million to SAR 4 million ($320,000 to $1.07 million, or €272,000 to €905,000), with the neighborhood's reputation for safety and good schools supporting steady demand.

Al Nada offers a balance of family-friendly amenities and more moderate prices, making it popular with middle-class Saudi families and some expats. You can find properties here ranging from SAR 800,000 to SAR 2.5 million ($213,000 to $667,000, or €181,000 to €566,000), with a mix of mid-range apartments and some villas.

You will find a much more detailed analysis by areas in our property pack about Dammam. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Neighborhood Character Price Range (SAR / $) Per sqm (SAR / $) Per sqft (SAR / $)
Al Shati Coastal / Premium 1.4M - 6.0M / $373k - $1.6M 4,800 - 6,500 / $1,280 - $1,733 446 - 604 / $119 - $161
Al Qusur Family / Premium 1.2M - 4.0M / $320k - $1.07M 4,200 - 5,800 / $1,120 - $1,547 390 - 539 / $104 - $144
Al Nada Family / Popular 800k - 2.5M / $213k - $667k 3,800 - 4,800 / $1,013 - $1,280 353 - 446 / $94 - $119
Al Faisaliyah Commute / Balanced 450k - 1.3M / $120k - $347k 3,000 - 3,800 / $800 - $1,013 279 - 353 / $74 - $94
Al Rawdah Family / Value 500k - 1.4M / $133k - $373k 3,000 - 3,900 / $800 - $1,040 279 - 362 / $74 - $97
Al Anoud Balanced 600k - 1.6M / $160k - $427k 3,200 - 4,100 / $853 - $1,093 297 - 381 / $79 - $102
Al Khalij Value 450k - 1.2M / $120k - $320k 2,800 - 3,500 / $747 - $933 260 - 325 / $69 - $87
Al Mazruiyah Entry / Older Stock 300k - 750k / $80k - $200k 2,600 - 3,200 / $693 - $853 241 - 297 / $64 - $79
Al Badiyah Entry / Value 350k - 850k / $93k - $227k 2,400 - 3,000 / $640 - $800 223 - 279 / $59 - $74
Al Nur Entry / Value 350k - 900k / $93k - $240k 2,400 - 3,100 / $640 - $827 223 - 288 / $59 - $77
Al Jamiyin Entry / Inland 350k - 950k / $93k - $253k 2,500 - 3,200 / $667 - $853 232 - 297 / $62 - $79
Central Dammam Bargain Hunting 350k - 1.0M / $93k - $267k 2,600 - 3,400 / $693 - $907 241 - 316 / $64 - $84
Sources and methodology: we built neighborhood price ranges by combining per-square-meter benchmarks from Knight Frank with local market observations and typical property sizes. We cross-referenced neighborhood positioning against regional context from JLL. These ranges reflect typical transactions and may vary based on specific property conditions and exact locations within each neighborhood.

How much more do you pay for properties in Dammam when you include renovation work, taxes, and fees?

When you add up all the extra costs in Dammam, buyers should expect to pay about 7% to 12% on top of the purchase price before any major renovation work.

If you buy a property for around $200,000 (SAR 750,000), you will pay approximately SAR 37,500 ($10,000) in Real Estate Transaction Tax alone, plus another SAR 10,000 to SAR 25,000 ($2,700 to $6,700) in brokerage fees, bank charges, and administrative costs. That brings your total to roughly SAR 800,000 to SAR 815,000 ($213,000 to $217,000) before any renovation.

For a $500,000 property (SAR 1,875,000), the 5% Real Estate Transaction Tax adds about SAR 94,000 ($25,000), and other fees typically run SAR 20,000 to SAR 45,000 ($5,300 to $12,000), bringing your all-in cost to around SAR 1,990,000 to SAR 2,015,000 ($530,000 to $537,000) before renovation.

At the $1,000,000 level (SAR 3,750,000), the Real Estate Transaction Tax is approximately SAR 187,500 ($50,000), and other fees might total SAR 40,000 to SAR 80,000 ($10,700 to $21,300), so you should budget SAR 3,980,000 to SAR 4,020,000 ($1,061,000 to $1,072,000) before any renovation work.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Dammam

Expense Type Estimated Cost (SAR / $)
Real Estate Transaction Tax Tax 5% of the purchase price. For example, on a SAR 1,000,000 property, this amounts to SAR 50,000 ($13,333). This is the single largest additional cost and is required by ZATCA.
Brokerage / Intermediary Fees Fees Typically 1% to 2.5% of the purchase price, depending on the deal structure. On a SAR 750,000 apartment, expect SAR 7,500 to SAR 19,000 ($2,000 to $5,000). Some sellers cover part of this cost.
Bank and Valuation Fees Fees Around SAR 3,000 to SAR 10,000 ($800 to $2,700) if you are financing through a bank. Cash buyers typically pay less. These fees cover property valuation and loan processing.
Administrative and Registration Fees Usually SAR 1,000 to SAR 5,000 ($270 to $1,330) for document processing and registration with authorities. Straightforward transactions tend to be at the lower end of this range.
Basic Refresh (paint, small fixes) Renovation About SAR 200 to SAR 500 per square meter of renovated area ($53 to $133/sqm). For a 100 sqm apartment needing a basic refresh, expect SAR 20,000 to SAR 50,000 ($5,300 to $13,300).
Medium Renovation (kitchen, bathrooms) Renovation Around SAR 800 to SAR 1,800 per square meter ($213 to $480/sqm). A 150 sqm home with kitchen and bathroom upgrades might cost SAR 120,000 to SAR 270,000 ($32,000 to $72,000).
Major Renovation (layout changes) Renovation Can exceed SAR 2,000 per square meter ($533/sqm) depending on scope. Full renovations of larger villas can easily reach SAR 300,000 to SAR 500,000 or more ($80,000 to $133,000+).
Sources and methodology: we based the Real Estate Transaction Tax figure on the official 5% rate published by ZATCA, Saudi Arabia's tax authority. Brokerage and bank fees were estimated from typical market ranges observed in Saudi real estate transactions. Renovation costs reflect current contractor pricing in the Dammam area for different levels of work.
infographics comparison property prices Dammam

We made this infographic to show you how property prices in Saudi Arabia compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What properties can you buy in Dammam in 2026 with different budgets?

With $100,000 (about SAR 375,000), you are at the very entry level of the Dammam market, but you could still find an older one-bedroom apartment of around 55 to 70 square meters in Al Mazruiyah, a small two-bedroom apartment needing some work in Al Badiyah, or a basic one-bedroom unit of about 60 square meters in Al Nur.

With $200,000 (about SAR 750,000), your options open up considerably: you could buy a two or three-bedroom apartment of 110 to 140 square meters in Al Faisaliyah in good condition, a three-bedroom family apartment in Al Rawdah of around 130 to 160 square meters, or a smaller duplex of 170 to 210 square meters in Al Khalij.

With $300,000 (about SAR 1,125,000), you can find a duplex of 220 to 260 square meters in Al Anoud with good family space, a larger three-bedroom apartment of 160 to 200 square meters in a newer building in Al Nada, or an entry-level older villa of 250 to 350 square meters in an inland neighborhood.

With $500,000 (about SAR 1,875,000), you move into solid family home territory: a villa of 350 to 450 square meters in Al Qusur in good condition, a high-quality large apartment of 220 to 300 square meters in a newer Al Nada building, or a well-finished duplex of 280 to 350 square meters in a less prime pocket of Al Shati.

With $1,000,000 (about SAR 3,750,000), you can access premium properties: a newer or renovated villa of 450 to 600 square meters in Al Shati with high-end finishes, a large villa of 550 to 750 square meters in Al Qusur with landscaping, or a top-tier duplex or penthouse-style unit of 300 to 450 square meters in a premium area.

With $2,000,000 (about SAR 7,500,000), you enter Dammam's luxury segment, though options are more limited since this is a thinner market: you could find a trophy villa of 600 to 900 square meters in a prime Al Shati pocket, a landmark luxury villa with a large plot in Al Qusur, or an ultra-premium custom home with high privacy and top specifications.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Dammam.

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Dammam, we always rely on the strongest methodology we can … and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why It's Authoritative How We Used It
GASTAT Real Estate Price Index This is Saudi Arabia's official statistics agency publishing the country's headline real estate price index. We used it to anchor the official direction and pace of residential price changes in Saudi Arabia. We treat it as the reality check around which local Dammam estimates should make sense.
Saudi Central Bank Inflation Report SAMA is the central bank, and its inflation work is the standard reference for inflation-adjusted comparisons in Saudi Arabia. We used it to understand the inflation backdrop and to keep real (inflation-corrected) price comparisons reasonable. We also referenced the national REPI growth context described by SAMA.
Knight Frank Saudi Arabia Residential Market Review Knight Frank is a global real estate consultancy with a long track record and transparent market reporting methodology. We used it for the Dammam Metropolitan Area sale price benchmarks per square meter and the recent pace of change for apartments and villas. We treat DMA as the closest reputable proxy for Dammam city.
JLL Eastern Province Market Dynamics JLL is a major global research consultancy that publishes structured regional market commentary on Saudi Arabia. We used it to support the reasons behind local pricing, including where development is happening and how the market is behaving. We also used it as a cross-check that our price narrative is plausible.
ZATCA Real Estate Transaction Tax ZATCA is the official Saudi tax authority publishing binding rules for transaction taxes. We used it to quantify the biggest extra cost item buyers should expect on top of the purchase price. We then built realistic all-in cost examples around the 5% RETT.
European Central Bank EUR/USD Rate The ECB's reference rates are a standard, verifiable benchmark for currency conversions used by financial institutions. We used it to translate SAR prices into euros via EUR/USD and the USD/SAR peg in a consistent way. We state the exact rate assumptions so conversions are reproducible.
General Authority for Statistics (GASTAT) The primary government agency responsible for collecting and publishing official statistics across all sectors in Saudi Arabia. We used GASTAT data to verify population trends and housing market activity in the Eastern Province. We cross-referenced their figures with private sector reports for accuracy.
Saudi Ministry of Housing The government ministry overseeing housing policy and homeownership programs in Saudi Arabia. We consulted their information on housing programs that affect buyer demand and market dynamics. We factored their policy context into our analysis of price trends.
Saudi Real Estate Portal A major property listing platform providing visibility into asking prices and market inventory in Saudi cities. We used listing data to validate price ranges across different Dammam neighborhoods. We compared asking prices against our benchmark data to ensure consistency.
CBRE Research A global commercial real estate services firm that publishes market research across major Saudi cities. We referenced CBRE reports for broader Eastern Province market context. We used their supply and demand analysis to understand pricing pressures.
Savills Research An international real estate advisor providing independent market analysis and valuation services. We consulted Savills research for comparative pricing data across Gulf markets. We used their methodology insights to validate our own estimates.
World Bank A trusted international institution providing economic data and development indicators for all countries. We used World Bank data on Saudi economic growth and urbanization trends. We factored these macroeconomic indicators into our long-term price analysis.
International Monetary Fund The IMF provides authoritative economic forecasts and country reports used by governments worldwide. We referenced IMF projections for Saudi GDP and inflation to contextualize housing price movements. We used their data to support real versus nominal price comparisons.
Ministry of Commerce The Saudi government ministry overseeing business regulations and commercial transactions including real estate. We consulted their regulations on property transactions and foreign ownership rules. We used this information to explain transaction costs and legal requirements.
Saudi Press Agency The official news agency of Saudi Arabia providing verified government announcements and policy updates. We monitored SPA for housing policy announcements that could affect Dammam prices. We incorporated relevant policy changes into our market analysis.
Arabian Business A leading business publication covering economic and real estate developments across the Gulf region. We used Arabian Business articles to track recent market developments and expert opinions. We cross-referenced their reporting with official data sources.
Argaam A major Arabic financial news platform providing real-time market data and analysis for Saudi Arabia. We consulted Argaam for local market sentiment and transaction data. We used their reporting to validate neighborhood-level price movements.
Redin Real Estate Platform A Saudi property portal providing detailed listings and market information for residential properties. We analyzed Redin listings to understand inventory levels and price distribution. We used this data to estimate realistic price ranges by property type.
Colliers International A global real estate services company publishing regular market reports on major Saudi cities. We referenced Colliers research for Eastern Province market trends and forecasts. We incorporated their supply pipeline data into our price analysis.
Cushman and Wakefield A leading global real estate services firm with local expertise in the Saudi market. We used their market reports to understand commercial and residential price relationships. We factored their regional insights into neighborhood comparisons.
Bayut Saudi Arabia A major online property portal serving the Saudi market with extensive listing data and market insights. We analyzed Bayut listings to validate asking prices across Dammam neighborhoods. We used their data to estimate typical property sizes and conditions.
Aqar One of the largest property platforms in Saudi Arabia with comprehensive listings across all major cities. We consulted Aqar data to cross-check price ranges and inventory levels. We used their neighborhood-level information to refine our estimates.
Federal Reserve Economic Data (FRED) A comprehensive database of economic data maintained by the Federal Reserve Bank of St. Louis. We used FRED data on exchange rates and global economic indicators. We referenced their historical data to contextualize currency conversion assumptions.

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