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As of June 2026, this article explains the current housing prices in Saudi Arabia for apartments, villas, townhouses, and other residential properties.
We constantly update this blog post so readers can follow the latest Saudi Arabia property prices with fresh figures and simple explanations.
You will see average prices, median prices, price per square meter, neighborhood differences, buying costs, and what different budgets can buy.
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 Saudi Arabia.
Insights
- Saudi Arabia housing prices in 2026 are softer than last year, but the market is not weak everywhere because Riyadh, Jeddah, Makkah, Madinah, and Khobar still attract strong demand.
- The median home price in Saudi Arabia in 2026 is around SAR 800,000, which is more useful than the average because luxury villas can push the average upward.
- A normal Saudi Arabia residential property buyer should budget at least 7% to 10% above the purchase price before renovation because the real estate transaction tax alone is 5%.
- The gap between listing prices and final sale prices in Saudi Arabia is often around 6% to 12%, which means many advertised prices include room for negotiation.
- Riyadh has the widest price spread in Saudi Arabia because affordable outer districts can sit near SAR 1,300 per sqm while prime northern areas can exceed SAR 10,000 per sqm.
- New homes in Saudi Arabia usually cost around 12% to 25% more than comparable older homes because buyers pay for modern layouts, financing comfort, and lower maintenance risk.
- A $200,000 budget is a practical apartment budget in Saudi Arabia in 2026, while a $100,000 budget is mostly limited to smaller or older homes in outer areas.
- Saudi Arabia’s residential market is becoming more selective, so buyers now compare recent transactions, district quality, building age, and renovation needs before agreeing on a price.
What is the average housing price in Saudi Arabia in 2026?
The median housing price in Saudi Arabia in 2026 is more telling than the average housing price because one very expensive villa can lift the average, while the median better reflects what a normal buyer is likely to see.
We are writing this as of June 2026, using the latest data collected from authoritative sources that we manually double checked.
The estimated median housing price in Saudi Arabia in 2026 is about SAR 800,000, which is around $213,000 or €182,000. The estimated average housing price in Saudi Arabia in 2026 is about SAR 1,050,000, which is around $280,000 or €239,000.
For about 80% of normal residential properties in Saudi Arabia in 2026, a realistic price range is SAR 450,000 to SAR 1,800,000, or about $120,000 to $480,000 and €103,000 to €410,000.
A realistic entry range in Saudi Arabia in 2026 is SAR 350,000 to SAR 650,000, or about $93,000 to $173,000 and €80,000 to €148,000, which can buy an older 70 to 95 sqm apartment in outer Riyadh, Dammam, Taif, Tabuk, or Buraydah.
A realistic luxury property range in Saudi Arabia in 2026 is SAR 3 million to SAR 12 million, or about $800,000 to $3.2 million and €683,000 to €2.73 million, which can buy a large villa in north Riyadh, a premium Jeddah home, or a high-end property in a master-planned community.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Saudi Arabia.
Are Saudi Arabia property listing prices close to the actual sale price in 2026?
In Saudi Arabia in 2026, final sale prices are usually estimated to be about 6% to 12% below listing prices, with 8% being a useful working estimate for normal resale property.
This happens because many Saudi Arabia sellers leave space for negotiation, while buyers now compare bank valuations, recent transaction records, and competing supply before closing. The gap is usually smallest for correctly priced apartments in liquid areas and largest for older villas, land-linked homes, and overpriced listings in expensive Riyadh or Jeddah districts.
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What is the price per sq m or per sq ft for properties in Saudi Arabia in 2026?
As of June 2026, the estimated median housing price per sqm in Saudi Arabia is about SAR 3,400, or $907 and €775, which equals about SAR 316 per sqft, or $84 and €72. The estimated average housing price per sqm in Saudi Arabia is about SAR 4,200, or $1,120 and €957, which equals about SAR 390 per sqft, or $104 and €89.
The highest price per sqm in Saudi Arabia in 2026 is usually found in small modern apartments and prime-location homes, while the lowest price per sqm is usually found in older villas, larger homes, outer districts, and secondary cities because land value and building quality are lower.
The highest price per sqm in Saudi Arabia in 2026 is generally found in north Riyadh districts such as Al Malqa, An Narjis, Al Yasmin, Hittin, Al Nakheel, and Al Aqeeq, where prices can exceed SAR 8,000 to SAR 11,500 per sqm. The lowest ranges are more common in Namar, Al Janadriyah, An Nazim, outer east Riyadh, and some secondary cities, where prices can be closer to SAR 550 to SAR 2,000 per sqm.
How have property prices evolved in Saudi Arabia?
Compared with one year ago, Saudi Arabia residential property prices were down by about 3.6% year-on-year in Q1 2026. This happened because more supply reached the market and buyers became more careful about affordability, especially after strong price growth in previous years.
Compared with two years ago, Saudi Arabia housing prices are still mixed because Riyadh’s best districts held up better than many older or less central areas. The market is now more balanced because Vision 2030 demand is still strong, but buyers are no longer accepting every asking price.
By the way, we’ve written a blog article detailing the latest updates on property price variations in Saudi Arabia.
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 Saudi Arabia.
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How do prices vary by housing type in Saudi Arabia in 2026?
In Saudi Arabia in 2026, apartments represent about 45% of residential transactions, villas about 25%, duplexes and townhouses about 12%, residential floors and small buildings about 8%, compound homes about 5%, and luxury villas or branded residences about 5%, because the market combines family villa demand with a growing apartment supply.
As of June 2026, apartments in Saudi Arabia usually average around SAR 650,000, or $173,000 and €148,000, while condo-style or serviced apartments are closer to SAR 950,000, or $253,000 and €216,000. Duplexes and townhouses average around SAR 1.45 million, or $387,000 and €330,000, standard villas around SAR 2.3 million, or $613,000 and €524,000, compound homes around SAR 3.5 million, or $933,000 and €797,000, and luxury villas around SAR 7.5 million, or $2 million and €1.71 million.
If you want to know more, you should read our dedicated analyses:
How do property prices compare between existing and new homes in Saudi Arabia in 2026?
In Saudi Arabia in 2026, new homes usually cost about 12% to 25% more than similar existing homes, with 18% being a useful average estimate.
This premium exists because new Saudi Arabia homes often have better layouts, parking, building systems, insulation, elevators, and financing appeal, while older homes are discounted for maintenance, renovation, and energy-efficiency risk.
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How do property prices vary by neighborhood in Saudi Arabia in 2026?
In north Riyadh districts such as Al Malqa, An Narjis, and Al Yasmin, buyers mostly find newer apartments, duplexes, and villas, with typical prices from SAR 1.2 million to SAR 6.5 million, or about $320,000 to $1.73 million and €273,000 to €1.48 million. Prices are high because these areas are close to business growth corridors, schools, newer housing stock, compounds, and lifestyle retail.
In Jeddah areas such as Al Rawdah, Al Zahra, and waterfront-linked districts, buyers find apartments and villas from about SAR 900,000 to SAR 5.5 million, or $240,000 to $1.47 million and €205,000 to €1.25 million. Prices are supported by the coastal lifestyle, established services, schools, airport access, and limited prime land.
In the Eastern Province, especially Khobar and Dhahran-linked districts, buyers find apartments, villas, and compound homes from about SAR 750,000 to SAR 4.5 million, or $200,000 to $1.2 million and €171,000 to €1.03 million. Demand is supported by the Aramco ecosystem, international schools, compounds, and the link to Bahrain.
You will find a much more detailed analysis by areas in our property pack about Saudi Arabia. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Area | Market label | Average property price | Average price per sqm | Average price per sqft |
|---|---|---|---|---|
| Al Malqa, Riyadh | Prime and luxury | SAR 2.2m to 8.5m, or $587k to $2.27m | SAR 9,500 to 11,500, or $2,533 to $3,067 | SAR 883 to 1,068, or $235 to $285 |
| An Narjis, Riyadh | Premium and newer | SAR 1.5m to 5.5m, or $400k to $1.47m | SAR 7,800 to 9,200, or $2,080 to $2,453 | SAR 725 to 855, or $193 to $228 |
| Al Yasmin, Riyadh | Family and premium | SAR 1.3m to 5.0m, or $347k to $1.33m | SAR 7,000 to 8,500, or $1,867 to $2,267 | SAR 650 to 790, or $173 to $211 |
| Al Rimal, Riyadh | Growth and mid-market | SAR 650k to 2.2m, or $173k to $587k | SAR 3,800 to 4,800, or $1,013 to $1,280 | SAR 353 to 446, or $94 to $119 |
| Al Mahdiyah, Riyadh | New family value | SAR 750k to 2.5m, or $200k to $667k | SAR 4,200 to 5,200, or $1,120 to $1,387 | SAR 390 to 483, or $104 to $129 |
| Laban, Riyadh | Family value | SAR 600k to 1.9m, or $160k to $507k | SAR 3,000 to 3,800, or $800 to $1,013 | SAR 279 to 353, or $74 to $94 |
| Tuwaiq, Riyadh | Affordable family | SAR 500k to 1.7m, or $133k to $453k | SAR 2,500 to 3,200, or $667 to $853 | SAR 232 to 297, or $62 to $79 |
| Namar, Riyadh | Entry and affordable | SAR 350k to 1.2m, or $93k to $320k | SAR 1,300 to 1,900, or $347 to $507 | SAR 121 to 177, or $32 to $47 |
| Al Janadriyah, Riyadh | Outer growth | SAR 350k to 1.3m, or $93k to $347k | SAR 1,250 to 1,800, or $333 to $480 | SAR 116 to 167, or $31 to $45 |
| Al Rawdah, Jeddah | Established and expat | SAR 900k to 4.5m, or $240k to $1.2m | SAR 4,500 to 7,500, or $1,200 to $2,000 | SAR 418 to 697, or $111 to $186 |
| Al Zahra, Jeddah | Coastal-adjacent | SAR 850k to 4.0m, or $227k to $1.07m | SAR 4,000 to 7,000, or $1,067 to $1,867 | SAR 372 to 650, or $99 to $173 |
| Khobar and Dhahran-linked districts | Expat and compound | SAR 750k to 4.5m, or $200k to $1.2m | SAR 3,500 to 6,500, or $933 to $1,733 | SAR 325 to 604, or $87 to $161 |
How much more do you pay for properties in Saudi Arabia when you include renovation work, taxes, and fees?
In Saudi Arabia in 2026, a normal buyer should expect the total cost to be about 7% to 10% above the purchase price without renovation, 12% to 18% with light renovation, and 20% to 35% with major renovation.
If you buy a Saudi Arabia property for about $200,000, or roughly SAR 750,000, basic taxes and fees can add about SAR 60,000, or $16,000, so the total can reach about SAR 810,000, or $216,000. With light renovation, the extra cost can be closer to SAR 110,000, or $29,000, which brings the full budget near SAR 860,000, or $229,000.
If you buy a Saudi Arabia property for about $500,000, or roughly SAR 1,875,000, basic taxes and fees can add about SAR 150,000, or $40,000, so the total can reach about SAR 2.03 million, or $540,000. With light renovation, the extra cost can be around SAR 280,000, or $75,000, which brings the full budget near SAR 2.16 million, or $575,000.
If you buy a Saudi Arabia property for about $1,000,000, or roughly SAR 3.75 million, basic taxes and fees can add about SAR 300,000, or $80,000, so the total can reach about SAR 4.05 million, or $1.08 million. With major renovation, especially for an older villa, the extra cost can exceed SAR 1 million, or $267,000.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Saudi Arabia.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Saudi Arabia
| Extra cost | Type | Estimated cost range |
|---|---|---|
| Real Estate Transaction Tax | Tax | 5% of the purchase price. This is the main unavoidable tax to include when buying property in Saudi Arabia. |
| Brokerage or agency fee | Fee | Usually 1% to 2.5% of the purchase price, often plus VAT on the service fee. The exact amount depends on the agent and the deal structure. |
| Legal or conveyancing support | Professional fee | About SAR 5,000 to SAR 35,000, or $1,300 to $9,300. A simple apartment purchase can be near the low end, while a villa or foreign-buyer setup can cost more. |
| Valuation or bank valuation | Financing fee | About SAR 1,500 to SAR 6,000, or $400 to $1,600. This is more common when the buyer uses mortgage financing. |
| Mortgage arrangement and admin costs | Financing fee | Often about 0.5% to 1.5% of the financed amount. Buyers should ask the bank for the full cost before signing. |
| Registration, documents, and translation | Admin fee | About SAR 1,000 to SAR 8,000, or $267 to $2,133. The cost depends on the documents, buyer profile, and whether translation is needed. |
| Light apartment renovation | Renovation | About SAR 400 to SAR 900 per sqm, or $107 to $240 per sqm. This can cover painting, minor repairs, basic bathroom work, and small kitchen upgrades. |
| Full apartment renovation | Renovation | About SAR 900 to SAR 1,800 per sqm, or $240 to $480 per sqm. This is more realistic when floors, bathrooms, kitchen, lighting, and air conditioning need work. |
| Villa renovation | Renovation | About SAR 1,200 to SAR 3,000 or more per sqm, or $320 to $800 or more per sqm. Older villas can need major electrical, plumbing, roof, and facade work. |
| Furniture and appliances | Setup | About SAR 25,000 to SAR 250,000, or $6,700 to $66,700. The range is wide because a small apartment and a large family villa do not need the same budget. |
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 Saudi Arabia in 2026 with different budgets?
With $100,000, or about SAR 375,000, the Saudi Arabia property market is limited, but you may find an existing 55 to 70 sqm apartment in East Riyadh or Namar, an older 65 to 85 sqm apartment in outer Dammam, or an 80 to 100 sqm apartment in Buraydah, Tabuk, or Taif.
With $200,000, or about SAR 750,000, you can look for an existing 100 to 120 sqm apartment in Al Rimal or east Riyadh, an existing 110 to 140 sqm family apartment in a non-waterfront Jeddah district, or a newer 100 to 130 sqm apartment in Dammam or Khobar.
With $300,000, or about SAR 1,125,000, you may find a newer 130 to 160 sqm apartment on the fringe of Al Yasmin or An Narjis in Riyadh, an existing 160 to 200 sqm apartment near Al Rawdah in Jeddah, or a small duplex in outer Riyadh or Khobar.
With $500,000, or about SAR 1,875,000, you can target a new 180 to 230 sqm duplex in Al Mahdiyah or Al Rimal, an existing 250 to 350 sqm villa in Khobar or Dammam, or a large 180 to 220 sqm apartment in north Riyadh or a good Jeddah district.
With $1,000,000, or about SAR 3,750,000, you can buy an existing 350 to 450 sqm villa in a good north or east Riyadh family district, a premium 180 to 250 sqm apartment in a Jeddah coastal-adjacent area, or a 300 to 450 sqm compound-style family villa in Khobar.
With $2,000,000, or about SAR 7,500,000, there is a real luxury market in Saudi Arabia, including a high-spec 450 to 600 sqm villa in Al Malqa, Hittin, or north Riyadh, a luxury Jeddah waterfront-linked home, or a large premium compound home in Riyadh or the Eastern Province.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Saudi Arabia.
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 Saudi Arabia, 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 and link | Why we trust it | How we used it |
|---|---|---|
| GASTAT Real Estate Price Index Q1 2026 | GASTAT is Saudi Arabia’s official statistics authority, and this index is based on real transaction data. | We used it as the main source for the national price direction. We relied on its residential-sector change, property-type movements, and regional movements. |
| GASTAT Real Estate Prices Statistics portal | This is the official publication hub for Saudi Arabia real estate price statistics. | We used it to verify the latest official release available for the article. We treated it as the timing anchor for the June 2026 update. |
| REGA Digital Real Estate Indicators | REGA is Saudi Arabia’s real estate regulator, and its indicators are meant to improve market transparency. | We used it to justify a transaction-based approach to city and neighborhood analysis. We also used it to frame why local price data matters. |
| CBRE Saudi Arabia Real Estate Market Review Q1 2026 | CBRE is a major global real estate consultancy with dedicated Saudi Arabia market research. | We used it to cross-check market strength, transaction context, and policy support. We also used it to explain why demand remains supported despite softer prices. |
| JLL KSA Living Market Dynamics Q1 2026 | JLL is a major global property consultancy with direct Saudi Arabia residential coverage. | We used it to interpret supply, affordability, and buyer behavior. We relied on it for the new-versus-old and property-type sections. |
| Knight Frank Destination Saudi 2026 | Knight Frank is an established real estate consultancy, and this report focuses on Saudi investor and expat demand. | We used it for foreign-buyer and expat-demand context. We also used it to explain why some premium religious-city and lifestyle markets behave differently from the mass market. |
| Global Property Guide Saudi Arabia Residential Property Market Analysis 2026 | Global Property Guide compiles official and private-sector property data in a clear country-level format. | We used it to cross-check price movement and inflation-adjusted signals. We treated it as a secondary source, not the main official source. |
| Raghdan Real Estate Market Index | Raghdan is not an official source, but it states that its index is based on Ministry of Justice transaction records. | We used it for practical city and neighborhood price-per-sqm ranges. We cross-checked its granular figures against GASTAT’s national direction. |
| ZATCA Real Estate Transaction Tax Law | ZATCA is Saudi Arabia’s tax authority, so it is the best source for the real estate transaction tax. | We used it for the 5% Real Estate Transaction Tax. We then added typical buyer costs such as agency fees, legal support, valuation, financing, and renovation. |
| GASTAT CPI March 2026 | This is the official Saudi Arabia inflation release. | We used it to understand real, inflation-adjusted housing price changes. We used March 2026 inflation as a practical proxy for the June 2026 article. |
| Exchange-rates.org EUR/SAR 2026 history | It provides clear historical exchange-rate tables that are useful for simple currency conversion. | We used it only for currency conversion. We used SAR 3.75 per dollar and about SAR 4.39 per euro for rounded June 2026-style estimates. |
| Saudi Vision 2030 | Vision 2030 is the official national transformation program shaping Saudi Arabia’s cities, jobs, tourism, and housing demand. | We used it as context for long-term demand in Riyadh, Jeddah, Makkah, Madinah, and the Eastern Province. We did not use it to estimate prices directly. |
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