Get all the data you need about the real estate market in Riyadh
This blog post covers apartment purchase prices in Riyadh in 2026, and we update it regularly so the data you see here is always current.
Prices vary enormously from one neighborhood to the next, and knowing those differences can save you a lot of money and frustration.
Whether you are buying your first home or upgrading to a bigger place, this guide will help you understand how Riyadh's apartment market is structured.
And if you're planning to buy a property in this place, you may want to download our real estate pack about Riyadh.
A quick summary table
| Metric | Value |
|---|---|
| Most expensive Riyadh neighborhood for apartments | Al Narjis |
| Most affordable Riyadh neighborhood for apartments | Al Shifa |
| Average price per square meter across all Riyadh neighborhoods | SAR 4,500 |
| Median apartment price across Riyadh | SAR 730,000 |
| Lowest realistic starting budget to buy an apartment in Riyadh | SAR 280,000 |
| Most expensive apartment type in Riyadh (by bedroom count) | Two-bedroom apartment |
| Most affordable apartment type in Riyadh (by bedroom count) | Studio apartment |
| Average price for a studio apartment in Riyadh | SAR 202,000 |
| Average price for a one-bedroom apartment in Riyadh | SAR 334,000 |
| Average price for a two-bedroom apartment in Riyadh | SAR 527,000 |
| Price gap between the most and least expensive Riyadh neighborhoods | SAR 6,558 per sqm (Al Narjis vs Al Shifa) |
| Price spread across Riyadh apartment neighborhoods | Very high: budget areas cost roughly 4 to 5 times less per sqm than top neighborhoods |
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Riyadh neighborhoods in 2026 ranked by apartment purchase price
This table ranks the top neighborhoods in the Riyadh apartment market by purchase price, from the most expensive to the most affordable.
For each neighborhood, the table includes the average price per square meter, the median property price, the starting budget, the average price for a studio apartment, a one-bedroom apartment, and a two-bedroom apartment, the typical buyer profile, the key advantages, the key drawbacks, and the market segment.
Finally, please note you'll find much more detailed data in our real estate pack about Riyadh.
| Rank | Neighborhood | Average Price per Square Meter | Median Property Price | Starting Budget | Average Price for a Studio Apartment | Average Price for a One-Bedroom Apartment | Average Price for a Two-Bedroom Apartment | Typical Buyers | Key Pros | Key Cons | Market Segment |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Al Narjis | SAR 8,500 | SAR 1,350,000 | SAR 750,000 | SAR 425,000 | SAR 638,000 | SAR 1,020,000 | North Riyadh upgraders looking for a premium address | Strong location in north Riyadh near major roads, universities, and the airport corridor, with many newer apartment projects to choose from | Entry prices are high, and many listings are townhouse-style apartments rather than simple standard flats | Luxury |
| 2 | Al Rawdah | SAR 7,800 | SAR 900,000 | SAR 800,000 | SAR 390,000 | SAR 585,000 | SAR 936,000 | Central-east owner-occupiers who want mature amenities close by | Mature east Riyadh district with strong daily services, hospitals, and convenient family living | Older building stock is common, so apartment quality can vary sharply from one building to the next | Premium |
| 3 | Qurtubah | SAR 7,600 | SAR 1,050,000 | SAR 780,000 | SAR 380,000 | SAR 570,000 | SAR 912,000 | Family apartment buyers in the northeast Riyadh corridor | Very strong demand from airport-side and northeast Riyadh buyers, with plenty of modern apartment inventory available | Competition is high, and better-located projects price much higher than older surrounding buildings | Premium |
| 4 | Al Yarmuk | SAR 7,200 | SAR 1,120,000 | SAR 800,000 | SAR 360,000 | SAR 540,000 | SAR 864,000 | Apartment-upgrading households seeking newer east Riyadh options | Popular east Riyadh family district with solid road access and many newer apartment buildings | Many listings are larger townhouse-style units, so true small-flat supply is limited | Premium |
| 5 | Al Hamra | SAR 5,600 | SAR 800,000 | SAR 750,000 | SAR 280,000 | SAR 420,000 | SAR 672,000 | Value-seeking families who want established east Riyadh services at a lower price | Established east Riyadh neighborhood with good service depth and better affordability than newer premium eastern districts | A lot of supply is older, so buyers need to inspect maintenance, parking, and building condition closely | Mid-Market |
| 6 | Al Yasmin | SAR 3,700 | SAR 605,000 | SAR 520,000 | SAR 185,000 | SAR 278,000 | SAR 445,000 | North Riyadh professionals looking for a well-connected address | Popular north Riyadh address with strong services and good links to other upscale northern districts | Pricing is no longer at bargain levels, and competition for well-located apartments is heavy | Premium |
| 7 | Al Malqa | SAR 3,380 | SAR 571,000 | SAR 500,000 | SAR 169,000 | SAR 254,000 | SAR 406,000 | Premium family buyers who want schools, malls, and a north Riyadh address | One of north Riyadh's most searched residential zones, with strong schools, malls, and family appeal | Apartment supply mixes with heavy villa demand, so the best apartment pockets can feel expensive quickly | Premium |
| 8 | Al Olaya | SAR 3,030 | SAR 593,000 | SAR 550,000 | SAR 151,000 | SAR 227,000 | SAR 363,000 | Central-location professionals who prioritize business access over suburban calm | Best for buyers who value centrality, business district access, furnished stock, and strong rental demand | More urban and noisier than northern Riyadh apartment districts, and less suited to quiet family living | Premium |
| 9 | Al Munsiyah | SAR 2,810 | SAR 570,000 | SAR 480,000 | SAR 140,000 | SAR 211,000 | SAR 337,000 | First-home young families looking for a practical and affordable eastern option | Good balance of newer eastern stock, practical daily services, and easier entry pricing than north Riyadh | Less prestigious than northern premium districts and depends heavily on car-based commuting | Mid-Market |
| 10 | Al Aziziyah | SAR 2,330 | SAR 530,000 | SAR 430,000 | SAR 116,000 | SAR 175,000 | SAR 279,000 | Budget-conscious local buyers who put affordability first | A clear south Riyadh entry market for buyers who prioritize ownership affordability over prestige | Weaker prestige and less price upside than stronger north and northeast Riyadh apartment districts | Affordable |
| 11 | Al Rimal | SAR 2,220 | SAR 784,000 | SAR 500,000 | SAR 111,000 | SAR 166,000 | SAR 266,000 | Early-stage growth buyers targeting new eastern Riyadh development | Newer eastern expansion area with growth potential, airport-side access, and a modern project pipeline | Micro-location quality varies a lot, and some parts still feel more emerging than mature | Affordable |
| 12 | Al Shifa | SAR 1,940 | SAR 308,000 | SAR 280,000 | SAR 97,000 | SAR 146,000 | SAR 233,000 | Budget first-time buyers looking for the lowest realistic entry point in Riyadh | One of the clearest low-entry apartment markets in Riyadh for price-sensitive buyers | Sits far below north Riyadh in prestige, and resale demand is more price-driven than location-driven | Budget |
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Key insights about apartment purchase prices in Riyadh
Insights
- The price per square meter in Al Narjis (SAR 8,500) is more than four times higher than in Al Shifa (SAR 1,940), meaning Riyadh is not one apartment market but several very different ones stacked on top of each other.
- East Riyadh alone spans from Al Hamra (SAR 5,600 per sqm) down to Al Shifa (SAR 1,940 per sqm), so picking the right sub-district in that part of the city matters as much as choosing the right city.
- Al Rawdah commands a median price of SAR 900,000 purely on the strength of its mature central-east location, even though much of its building stock is older and less finished than newer northern projects.
- In north Riyadh, Al Yasmin and Al Malqa both sit around SAR 3,400 to SAR 3,700 per sqm despite being close to each other, showing that even within the same corridor, micro-location differences add up fast.
- Al Olaya, Riyadh's main business district, ranks only 8th out of 12 neighborhoods by price per sqm, suggesting that corporate-area apartments do not automatically command the highest prices the way they do in some other cities.
- Qurtubah has a median property price of SAR 1,050,000, placing it firmly in premium territory despite being an east Riyadh neighborhood that was considered mid-market just a few years ago.
- Al Munsiyah offers a two-bedroom apartment for around SAR 337,000, which is roughly one-third the price of a similar apartment in Al Narjis, making it one of the most cost-efficient options for families who do not need a north Riyadh address.
- Saudi Arabia's official statistics showed apartment prices falling 2.5% nationally in late 2025, which means April 2026 buyers are entering the Riyadh market at a slightly cooler moment than buyers in early 2025 faced.
- Several of Riyadh's most expensive neighborhoods, including Al Narjis and Al Yarmuk, have a large share of townhouse-style listings mixed in with standard apartments, which can make average price comparisons misleading if you do not filter carefully.
- Al Rimal has a relatively high median property price of SAR 784,000 despite a low price per sqm of SAR 2,220, pointing to a neighborhood where larger units dominate the available inventory.
- Building quality is a real price driver inside each Riyadh neighborhood: a new project and an older building a few streets away in the same district can trade at prices that are 30% to 50% apart.
- The starting budget in north Riyadh (SAR 500,000 to SAR 750,000) is roughly double the starting budget in south Riyadh (SAR 280,000 in Al Shifa), underlining how much location affects what first-time buyers can realistically afford.
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About our methodology
Riyadh does not publish one single official apartment-only price table for all neighborhoods. That means building a reliable neighborhood comparison requires combining official Saudi data sources with real listing evidence from established property portals. That is exactly what we did here.
We also believe it is important to show our reasoning. It is one of the ways we make our work solid, transparent, and rigorous, just as you will see in our real estate pack about Riyadh.
First, please note that this data is updated regularly, so what you see here reflects the current values as of today.
In order to get reliable data, we applied a strict source filter. We only used authoritative, verifiable sources, not random listings or unsupported figures. More on that point below.
For each Riyadh neighborhood, we aggregated the freshest apartment purchase price data available. When possible, we cross-checked multiple sources to confirm the same price range.
This allowed us to estimate the average price per square meter and the median property price for each neighborhood.
We also calculated the starting budget, which represents the lowest realistic entry point to buy an apartment in that Riyadh neighborhood. This is not the cheapest possible listing, but a real, achievable floor for a standard apartment purchase.
For each apartment category, we estimated an average purchase price based on local market conventions in Riyadh. Studio, one-bedroom, and two-bedroom sizes were modeled using a consistent working size set of roughly 50 sqm, 75 sqm, and 120 sqm, then checked against live listings to make sure the figures were realistic.
These estimates were not applied as one flat number across the city. They were adjusted by neighborhood and apartment type to better reflect local ownership conditions and Riyadh price levels.
This table should therefore be read as a structured market estimate, not as an exact guarantee of transaction prices. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Riyadh.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our real estate pack about Riyadh, we rely on verifiable sources and a transparent methodology.
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 |
|---|---|---|
| REGA Real Estate Indicators | It is the Saudi real estate regulator's own market indicator platform, built on official transaction data. | We used it as the official neighborhood-level backbone for our Riyadh apartment price estimates. We also used it to anchor the analysis in transaction-based evidence rather than portal asking prices alone. |
| GASTAT Real Estate Price Index Q4 2025 | It is Saudi Arabia's official government statistics release covering real estate prices at the national level. | We used it to confirm the latest national direction for Riyadh apartment prices before writing "as of April 2026." We also used it to avoid treating older 2024 or early 2025 pricing as the current market. |
| Bayut area guides (Al Yasmin, Al Malqa, Al Olaya, Al Narjis, Al Munsiyah, Al Rimal, Al Aziziyah, Al Shifa) | Bayut is one of Saudi Arabia's largest property portals and publishes neighborhood-level pricing trend pages for Riyadh. | We used these guides to extract apartment price-per-sqm benchmarks and average apartment prices for each neighborhood. We also used them to understand buyer profiles and demand drivers in each district. |
| Property Finder Al Narjis listings | Property Finder is a major regional real estate portal with active, up-to-date Riyadh sale listings. | We used it to cross-check live asking-price ranges and implied SAR per sqm in Al Narjis. We also used it to update our neighborhood estimates toward spring 2026 conditions. |
| Aqar listings (Al Narjis, Qurtubah, Al Yarmuk, Al Hamra) | Aqar is one of Saudi Arabia's best-known property marketplaces, with a large pool of owner and broker listings across Riyadh. | We used Aqar listings to derive implied apartment SAR per sqm for several east and north Riyadh neighborhoods. We also used it to cross-check whether pricing from Bayut and Property Finder was clustering around the same level. |
| Bayut sale listings (Qurtubah, Al Yarmuk, Al Rawdah) | Bayut maintains one of the largest active apartment listing inventories in Riyadh, covering both premium and mid-market districts. | We used these live listings to identify active asking-price bands and realistic entry budgets in Qurtubah, Al Yarmuk, and Al Rawdah. We also used them to confirm that our modeled estimates matched what buyers would actually see on the market in early 2026. |
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