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This article gives you a complete picture of housing prices in Jeddah as of the first half of 2026, with fresh data we regularly update.
We cover everything from median prices and price per square meter to neighborhood comparisons and what you can actually buy at different budget levels.
Whether you're looking for an affordable apartment or a luxury waterfront property, you'll find the numbers you need here.
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 Jeddah.
Insights
- A typical 120 sqm family apartment in Jeddah costs around 530,000 SAR (about $141,000), making apartments the most accessible entry point for buyers in the city.
- Waterfront districts like Al Shatea command prices up to 16,000 SAR per sqm, nearly four times higher than inland neighborhoods like Al Faisaliyah.
- New construction in Jeddah carries a premium of roughly 25% over comparable older properties, driven by better amenities, layouts, and move-in-ready finishes.
- Jeddah housing prices have grown about 30% over the past 10 years in nominal terms, but only around 10% when adjusted for inflation.
- Apartments make up roughly 70% of residential transactions in Jeddah, reflecting the city's urban density and buyer preferences for more affordable options.
- The gap between listing prices and actual sale prices in Jeddah averages around 6%, meaning buyers typically negotiate some discount from asking prices.
- For $100,000 (375,000 SAR), buyers are limited to older one-bedroom apartments in inland districts like Al Marwah or Al Safa.
- Al Salamah and Al Rawdah are among the most popular neighborhoods for expats, offering modern apartments between 520,000 and 1,500,000 SAR.
- Total buying costs in Jeddah, including fees and potential renovation, typically add 8% to 15% on top of the purchase price.
- Villa prices in Jeddah start around 2 million SAR ($533,000) for inland locations and can exceed 15 million SAR ($4 million) for prime coastal properties.
What is the average housing price in Jeddah in 2026?
The median housing price is more useful than the average because it represents the middle point of all sales, meaning it is not skewed by a few very expensive luxury properties that can inflate the average.
We are writing this as of the first half of 2026, using the latest data from official Saudi government sources and major international real estate consultancies, all of which we manually verified.
The median housing price in Jeddah in 2026 is approximately 528,000 SAR ($141,000 or about €120,000) for a typical 120 sqm apartment. The average housing price comes in slightly higher at around 552,000 SAR ($147,000 or about €125,000) because some higher-priced properties pull the number up.
About 80% of residential properties in Jeddah in 2026 fall within a price range of 280,000 to 900,000 SAR ($75,000 to $240,000 or €63,000 to €204,000).
A realistic entry range in Jeddah in 2026 is between 250,000 and 400,000 SAR ($67,000 to $107,000 or €57,000 to €91,000), which would get you an older one-bedroom apartment of 55 to 70 sqm in more inland neighborhoods like Al Marwah or Al Safa.
Luxury properties in Jeddah in 2026 typically range from 4,000,000 to 15,000,000 SAR ($1.07 million to $4 million or €910,000 to €3.4 million), and this would include waterfront apartments of 220 to 350 sqm in premium coastal districts like Al Shatea, often with high-end finishes and sea views.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Jeddah.
Are Jeddah property listing prices close to the actual sale price in 2026?
In Jeddah in 2026, listing prices are estimated to be about 6% higher than actual closed sale prices on average.
Sellers in Jeddah typically build in negotiation room because buyers can easily compare similar apartments across many buildings, which gives them leverage. The gap tends to be wider for older properties or units with less desirable views, while newer buildings in prime locations see smaller discounts because demand is stronger.
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What is the price per sq m or per sq ft for properties in Jeddah in 2026?
As of early 2026, the median housing price per sqm in Jeddah is around 4,400 SAR ($1,173 or €996), while the average is slightly higher at 4,600 SAR ($1,227 or €1,041). In terms of price per sqft, the median is about 409 SAR ($109 or €93) and the average is around 427 SAR ($114 or €97).
Waterfront and Corniche-adjacent units in Jeddah in 2026 have the highest price per sqm because of sea views, prestige, and limited supply, while older apartments farther inland have the lowest due to more available stock and fewer lifestyle amenities.
In Jeddah in 2026, the highest prices per sqm are found in coastal districts like Al Shatea and Al Hamra, ranging from 7,500 to 16,000 SAR per sqm. The lowest prices are in inland areas like Al Faisaliyah and Al Marwah, where rates range from 2,800 to 4,800 SAR per sqm.
How have property prices evolved in Jeddah?
Compared to January 2025, housing prices in Jeddah have increased by about 3% in nominal terms, or roughly 1% after adjusting for inflation. This growth was supported by steady demand from both local households and expats, combined with financing conditions that remained stable enough to keep sellers from lowering prices.
Looking back to January 2024, prices have risen by an estimated 5% to 6% in nominal terms. The steady upward trend reflects ongoing urban development and continued interest in Jeddah's residential market as part of broader economic diversification efforts in Saudi Arabia.
By the way, we've written a blog article detailing the latest updates on property price variations in Jeddah.
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 Jeddah.
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What types of homes can you buy in Jeddah and at what price in 2026?
In Jeddah in 2026, apartments make up roughly 70% of the residential market, followed by villas at about 20%, townhouses and duplexes at around 7%, and luxury or niche properties like penthouses at about 3%, reflecting the city's urban character and the fact that apartments are more affordable for most buyers.
Average prices in Jeddah as of the first half of 2026 vary significantly by property type. Studios and small one-bedroom apartments typically cost 220,000 to 380,000 SAR ($59,000 to $101,000 or €50,000 to €86,000). Two-bedroom apartments range from 380,000 to 650,000 SAR ($101,000 to $173,000 or €86,000 to €147,000). Three-bedroom apartments cost between 520,000 and 950,000 SAR ($139,000 to $253,000 or €118,000 to €215,000). Duplexes and townhouses range from 1.1 million to 2.2 million SAR ($293,000 to $587,000 or €249,000 to €498,000). Villas start at about 2 million SAR and can go up to 5 million SAR ($533,000 to $1.33 million or €453,000 to €1.13 million). Luxury waterfront apartments or penthouses range from 4 million to 15 million SAR ($1.07 million to $4 million or €910,000 to €3.4 million).
If you want to know more, you should read our dedicated analyses:
How do property prices compare between existing and new homes in Jeddah in 2026?
In Jeddah in 2026, new construction properties typically cost about 25% more than comparable older homes.
This premium exists because newer buildings offer better layouts, modern amenities like gyms and covered parking, lower near-term maintenance costs, and move-in-ready finishes that save buyers the hassle and expense of renovation.
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How do property prices vary by neighborhood in Jeddah in 2026?
Al Salamah is a popular expat-friendly neighborhood with many modern apartment buildings and good access to retail and main roads. Typical prices for a 120 to 150 sqm apartment range from 520,000 to 1,500,000 SAR ($139,000 to $400,000 or €118,000 to €339,000), reflecting its reputation as a balanced choice between quality and affordability.
Al Rawdah is a central-north district with a large inventory of apartments that appeals to families and professionals. Prices for similar-sized apartments run from 450,000 to 1,200,000 SAR ($120,000 to $320,000 or €102,000 to €271,000), making it one of the more accessible mid-range options in Jeddah.
Al Shatea, located along the Corniche, is one of Jeddah's most premium coastal neighborhoods. Apartments here typically cost between 1,500,000 and 8,000,000 SAR ($400,000 to $2.13 million or €339,000 to €1.81 million) because of the sea views, lifestyle amenities, and prestige associated with waterfront living.
You will find a much more detailed analysis by areas in our property pack about Jeddah. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Character | Avg Price Range (SAR / $) | Avg per sqm (SAR / $) | Avg per sqft (SAR / $) |
|---|---|---|---|---|
| Al Shatea | Luxury / waterfront | 1.5M - 8M / $400k - $2.13M | 9,000 - 16,000 / $2,400 - $4,267 | 836 - 1,486 / $223 - $396 |
| Al Hamra | Waterfront-adjacent | 1.2M - 6M / $320k - $1.6M | 7,500 - 13,000 / $2,000 - $3,467 | 697 - 1,208 / $186 - $322 |
| Al Khalidiyah | Premium / established | 1M - 5M / $267k - $1.33M | 6,500 - 11,000 / $1,733 - $2,933 | 604 - 1,022 / $161 - $273 |
| Al Muhammadiyah | Upscale north | 900k - 3.5M / $240k - $933k | 5,800 - 9,500 / $1,547 - $2,533 | 539 - 883 / $144 - $235 |
| Obhur Al Shamaliyah | Villa / weekend | 1.2M - 6.5M / $320k - $1.73M | 6,000 - 12,000 / $1,600 - $3,200 | 558 - 1,115 / $149 - $297 |
| Al Salamah | Expat-friendly | 520k - 1.5M / $139k - $400k | 4,800 - 7,800 / $1,280 - $2,080 | 446 - 725 / $119 - $193 |
| Al Naim | Commute / mid-range | 500k - 1.6M / $133k - $427k | 4,600 - 7,500 / $1,227 - $2,000 | 427 - 697 / $114 - $186 |
| Al Rawdah | Central / popular | 450k - 1.2M / $120k - $320k | 4,500 - 7,000 / $1,200 - $1,867 | 418 - 650 / $112 - $173 |
| Al Zahra | Family / balanced | 420k - 1.1M / $112k - $293k | 4,200 - 6,800 / $1,120 - $1,813 | 390 - 632 / $104 - $169 |
| Al Safa | Budget / commute | 250k - 750k / $67k - $200k | 3,200 - 5,000 / $853 - $1,333 | 297 - 465 / $79 - $124 |
| Al Marwah | Budget / inventory | 240k - 700k / $64k - $187k | 3,000 - 4,800 / $800 - $1,280 | 279 - 446 / $74 - $119 |
| Al Faisaliyah | Value / inland | 220k - 650k / $59k - $173k | 2,800 - 4,500 / $747 - $1,200 | 260 - 418 / $69 - $112 |
How much more do you pay for properties in Jeddah when you include renovation work, taxes, and fees?
In Jeddah in 2026, you should expect to pay between 8% and 15% on top of the purchase price to cover transaction fees, agent commissions, and any renovation work.
If you buy a property around $200,000 (750,000 SAR) in Jeddah, you would typically add about 10% to 12% in extra costs. That means roughly 75,000 to 90,000 SAR ($20,000 to $24,000) for fees and light renovation, bringing your total to approximately 825,000 to 840,000 SAR ($220,000 to $224,000).
For a property around $500,000 (1,875,000 SAR), extra costs of around 10% to 12% would add 188,000 to 225,000 SAR ($50,000 to $60,000). Your total would land between 2,063,000 and 2,100,000 SAR ($550,000 to $560,000).
For a $1,000,000 property (3,750,000 SAR), you should budget for about 375,000 to 450,000 SAR ($100,000 to $120,000) in additional costs, which would bring your total investment to roughly 4,125,000 to 4,200,000 SAR ($1.1 million to $1.12 million).
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Jeddah.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Jeddah
| Expense | Type | Estimated Cost Range (SAR / $) |
|---|---|---|
| Transaction and admin fees | Fees | 5,000 - 25,000 SAR / $1,300 - $6,700. These include registration, documentation, and various administrative charges that vary depending on the property value and transaction complexity. |
| Agent or brokerage commission | Fees | 1% - 2.5% of purchase price. Most transactions in Jeddah involve an agent, and the commission is typically split or paid by the buyer depending on the agreement. |
| Basic refresh (paint, minor fixes) | Renovation | 15,000 - 60,000 SAR / $4,000 - $16,000. This covers cosmetic updates like fresh paint, small repairs, and minor improvements to make the property move-in ready. |
| Full apartment renovation | Renovation | 80,000 - 250,000 SAR / $21,000 - $67,000. A more comprehensive update including new flooring, kitchen upgrades, bathroom remodeling, and electrical or plumbing work. |
| Villa renovation | Renovation | 200,000 - 800,000 SAR / $53,000 - $213,000. Villa renovations are more extensive due to larger spaces and may include landscaping, pool maintenance, and structural improvements. |
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 Jeddah in 2026 with different budgets?
With $100,000 (375,000 SAR) in Jeddah as of the first half of 2026, your options are limited to smaller and older apartments: you could find an older one-bedroom apartment of about 60 sqm in Al Marwah, a compact two-bedroom of around 85 sqm in Al Safa, or a small two-bedroom of 90 sqm in Al Faisaliyah, all existing properties in more inland, budget-friendly areas.
With $200,000 (750,000 SAR), you have more options: a two-bedroom apartment of about 110 sqm in Al Rawdah, a three-bedroom apartment of around 140 sqm in Al Zahra, or a newer two-bedroom of about 100 sqm in Al Naim.
With $300,000 (1,125,000 SAR), you can access quality mid-range properties: a newer three-bedroom apartment of 160 sqm in Al Salamah, a large three-bedroom of 180 sqm in a well-maintained building in Al Rawdah, or an entry-level townhouse or duplex of about 200 sqm in Al Naim.
With $500,000 (1,875,000 SAR), you move into the upper mid-market: a townhouse or duplex of about 240 sqm in Al Muhammadiyah, a large four-bedroom apartment of 220 sqm in Al Hamra with good finishes, or an entry-level villa of around 320 sqm in an inland northern location.
With $1,000,000 (3,750,000 SAR), you can buy premium properties: a villa of 380 to 450 sqm in Al Muhammadiyah, a large high-end apartment of about 250 sqm in Al Khalidiyah, or a coastal-adjacent apartment of 220 sqm near the Corniche in Al Hamra.
With $2,000,000 (7,500,000 SAR), you are firmly in Jeddah's luxury market: a waterfront apartment of about 300 sqm in Al Shatea, a high-end villa of 500+ sqm in a prime northern or coastal pocket, or a penthouse-style apartment of around 320 sqm with Corniche views.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Jeddah.
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 Jeddah, 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 (Q2 2025) | Saudi Arabia's official national statistics agency publishing verified price index data. | We used it to anchor the official direction of home prices and year-over-year trends. We also used it to ensure our estimates are consistent with the national index. |
| GASTAT REPI Methodology Report | Explains in detail how the official real estate price index is constructed and what it measures. | We used it to confirm we are discussing residential price movements in a statistically sound way. We also used it to be transparent that the index tracks changes over time, not listing prices. |
| Saudi Central Bank (SAMA) Inflation Report | The central bank regularly summarizes key macroeconomic indicators including real estate dynamics. | We used it as a second public-sector confirmation of the real estate environment. We also used it to frame interest rate and liquidity context that affects buyer demand. |
| Knight Frank Saudi Arabia Review (Summer 2025) | Knight Frank is a major global real estate consultancy with repeatable, published market research. | We used it for Jeddah-level price-per-sqm benchmarks for apartments and villas. We then translated those benchmarks into typical total prices for common unit sizes. |
| Knight Frank Saudi Arabia Review (Summer 2024) | Same established consultancy with useful district-level examples and new-versus-old price commentary. | We used it for high-end district villa price examples and the new build premium range. We used those to make neighborhood and new-versus-old estimates realistic. |
| JLL KSA Living Market Dynamics (Q2 2025) | JLL is a major global real estate consultancy tracking supply, demand, and transaction dynamics. | We used it mainly for market structure signals like apartments being the dominant property type. We used that to justify why apartment pricing leads the typical buyer story. |
| ECB EUR/USD Reference Rates | The European Central Bank publishes official daily reference exchange rates. | We used it to convert USD to EUR consistently using late-December 2025 rates. We kept USD conversion stable because the SAR is pegged to the dollar. |
| World Bank Saudi Inflation Data | The World Bank publishes standardized macroeconomic data sourced from IMF and official series. | We used it to sanity-check long-run inflation for our 10-year comparison. We kept the adjustment simple and clearly labeled it as an approximation. |
| Saudi Press Agency Inflation Update | Official Saudi government news agency reporting verified inflation figures. | We used it to confirm recent inflation rates of around 2% for 2025. We used this to calculate real (inflation-adjusted) price changes. |
| Local brokerage and transaction data | Real estate agents and brokers provide on-the-ground transaction insights. | We used general market knowledge to estimate the gap between listing and sale prices. We also used it to validate renovation and fee cost ranges. |
| Saudi Ministry of Justice property records | Official government body that registers property transactions. | We used it as background for understanding transaction processes. We also referenced it for context on registration and administrative fees. |
| Saudi Real Estate Refinance Company | Government-backed entity supporting the Saudi mortgage market. | We used it for context on financing conditions affecting buyer demand. We also used it to understand mortgage market developments. |
| Vision 2030 Economic Reports | Official Saudi government economic transformation program documentation. | We used it to understand long-term structural drivers of the real estate market. We also referenced it for context on urban development initiatives. |
| CBRE Saudi Arabia Market Reports | Major global real estate services firm with regional expertise. | We cross-referenced their findings with Knight Frank and JLL data. We used it to validate price trends and market dynamics. |
| Savills Saudi Arabia Research | International real estate advisory firm with Middle East coverage. | We used it as an additional source for premium market segment pricing. We also used it to validate neighborhood tier classifications. |
| Bayut and Aqar listing platforms | Major Saudi real estate listing websites with extensive property databases. | We used them to cross-check current asking prices against consultancy benchmarks. We also used them to identify typical property specifications by neighborhood. |
| Saudi Contractor Authority guidelines | Official body providing construction and renovation cost benchmarks. | We used their data to estimate renovation costs per square meter. We applied these to calculate additional costs for different property types. |
| International Monetary Fund Saudi reports | Global financial institution with standardized country economic assessments. | We used IMF data to validate long-term economic trends. We also cross-referenced their inflation projections with local sources. |
| Saudi General Authority for Statistics housing surveys | Official government agency conducting household and housing research. | We used it to understand housing preferences and household sizes. We applied these insights to define typical property size assumptions. |
| Jeddah Municipality urban planning documents | Local government authority responsible for city development planning. | We used it to understand neighborhood development patterns. We also referenced it for context on infrastructure investments affecting property values. |
| Saudi Geological Survey land data | Government agency with authoritative geographic and land information. | We used it for background on land availability and coastal designations. We referenced it to understand geographic constraints on supply. |
| Regional banking sector reports | Saudi banks publish regular economic updates with real estate sections. | We used them to understand mortgage lending trends affecting demand. We also referenced their economic forecasts for market context. |
| Academic research on Saudi housing markets | Peer-reviewed studies provide rigorous analysis of market dynamics. | We used academic sources to validate long-term price trends. We also referenced methodological approaches for our own estimates. |
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