Saudi real estate deals reach SAR 35.5B in July

Riyadh city

The value of real estate transactions in Saudi Arabia decreased by 32% in July 2026 to around SAR 35.5 billion from SAR 51.9 billion in the same month a year earlier.

This was driven by a 43% decline in the value of residential transactions to SAR 19.8 billion from around SAR 35 billion in July 2025, in addition to a 7% decline in the value of non-residential transactions to SAR 15.7 billion, according to data from the Real Estate General Authority (REGA).

Residential transactions accounted for approximately 55.8% of total real estate transaction value in July, while non-residential transactions represented around 44.2%. 

The number of real estate transactions fell 15% YoY, with both residential and non-residential sectors declining 13% and 27%, respectively.

Land plots accounted for the largest share of residential transactions in July, with deals totaling SAR 9.82 billion, representing about 50% of the total value. Villas and apartments followed with SAR 3.52 billion and SAR 3.4 billion, respectively.

Residential transaction values varied across all property types year-on-year (YoY), with residential floors recording the strongest increase, rising 39% YoY.

The data also showed a decline in residential real estate transactions across most property types in July compared with the same period a year earlier, except for villas and floors, which increased 24% and 41%, respectively.

REGA explained that liquidity was concentrated in major regions, with Riyadh accounting for 44% of total transaction value, followed by Makkah (28%) and the Eastern Province (12%).  Together, the three regions accounted for 84% of total real estate transaction value.

Riyadh also led in transaction volume, accounting for 31% of total deals executed across the Kingdom. It was followed by Makkah (21%) and the Eastern Province (15%).

Top Administrative Regions by No. of Transactions

Rental deal values jump 25% to SAR 10.6 bln in July, driven by residential sector

Rental transaction value increased 25% YoY to around SAR 10.6 billion in July, compared to SAR 8.5 billion a year earlier.

This was driven by a 28% increase in the value of residential lease transactions to around SAR 5.6 billion from SAR 4.4 billion in July 2025, accounting for 53% of total lease transactions.

Total rental deals rose 26% to 417,900 in July, up from nearly 331,200 in the year-earlier period.

Residential rentals increased 25%, compared to a 29% rise for the non-residential sector.

The number of rental contracts in Saudi Arabia rose 28% YoY in July 2026 to 356,000, driven by growth in both residential and non-residential leases.

Residential lease contracts increased 27% YoY to 284,000, while non-residential lease contracts grew 33% annually to 71,900.

Riyadh led the way among administrative regions by rental transaction value at SAR 4.43 billion, followed by Makkah (SAR 2.96 billion).

The Saudi capital also ranked first in rental transactions, recording 136,100 deals, representing 33% of total transactions across the Kingdom.

Makkah came second with 112,700 transactions (27%), followed by the Eastern Province with 65,900 transactions (16%).