Riyadh city
The value of transactions on the Saudi real estate market amounted to more than SAR 35.2 billion through about 31,200 transactions since the beginning of 2024, Al-Eqtisadiah newspaper reported, citing a judicial source.
The source explained that the operations varied between real estate vacating, sorting and consolidation, mortgage services and financing.
Residential real estate traded during the current year constituted the highest percentage at about 85.12%, followed by commercial real estate at 12.35% and agricultural real estate.
Riyadh led the highest percentage of transactions at 45.9%, totaling about 14,319 valued at approximately SAR 21.45 billion. Makkah followed closely with 5,620 transactions valued at SAR 6.3 billion and Eastern Region with 4,918 transactions worth approximately SAR 4.5 billion.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}