Residential mortgages to individuals edge up to SAR 5.3B in June
Saudi Arabian banknotes
Residential mortgages provided by banks to individuals edged up 0.2% year-on-year (YoY) to SAR 5.31 billion in June 2025, data issued by the Saudi Central Bank (SAMA) showed.
The total number of residential mortgage contracts signed between banks and individuals reached approximately 7,400 in June 2025.
The average value of new residential mortgage loans fell by 2% YoY to SAR 781,000 during the same period.
Mortgages for residential villas accounted for the largest share of total bank financing, amounting to SAR 3.25 billion, or 61% of the total, in June. Apartments followed with SAR 1.57 billion, while land plots came in third at SAR 482 million.
New Residential Mortgages by Product Type (SAR mln)* |
|||
Period |
Villas |
Apartments |
Lands |
January 2024 |
5,132 |
1,967 |
440 |
February |
4,529 |
1,980 |
433 |
March |
4,912 |
2,237 |
474 |
April |
3,681 |
1,389 |
270 |
May |
5,114 |
2,153 |
408 |
June |
3,427 |
1,616 |
263 |
July |
4,380 |
2,262 |
429 |
August |
3,791 |
2,446 |
362 |
September |
3,883 |
2,540 |
397 |
October |
4,828 |
2,855 |
458 |
November |
6,502 |
3,155 |
408 |
December |
8,120 |
3,486 |
335 |
January 2025 |
6,638 |
3,351 |
475 |
February |
5,573 |
2,899 |
436 |
March |
5,186 |
2,798 |
415 |
April |
3,930 |
2,064 |
304 |
May |
4,992 |
1,850 |
534 |
June |
3,259 |
1,577 |
482 |
*Does not include interest
New residential mortgage financing provided to individuals by financing companies rose by 5% YoY to approximately SAR 169 million in June.
Residential Mortgages to Individuals from Financing Firms (SAR mln)* |
|||
Year |
2024 |
2025 |
Change |
January |
273 |
224 |
(18%) |
February |
268 |
198 |
(26%) |
March |
225 |
197 |
(13%) |
April |
143 |
214 |
+49% |
May |
252 |
191 |
(24%) |
June |
160 |
169 |
+5% |
July |
193 |
-- |
-- |
August |
161 |
-- |
-- |
September |
202 |
-- |
-- |
October |
254 |
-- |
-- |
November |
201 |
-- |
-- |
December |
235 |
-- |
-- |
*Does not include interest
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