Saudi Arabia’s real estate price index slows to 1.3% in Q3 2025

Riyadh city

Saudi Arabia’s real estate price index declined to 1.3% in the third quarter of 2025 compared with the same period a year ago, data issued by the General Authority for Statistics (GASTAT) showed.

The index reported a drop in the residential sector, which holds the largest weight in the index.

The authority stated that a new index methodology was adopted in Q3 2024, in cooperation with the Real Estate General Authority (REGA), the Ministry of Justice, and the Saudi Central Bank (SAMA), setting 2023 as the base year.

The real estate index gauges three sectors: the residential sector that covers residential land plots, buildings, villas, apartments, and houses; the commercial sector that covers commercial land plots, buildings, shops, and malls; and the agricultural sector that covers agricultural land.

GASTAT said the residential sector fell 0.9% YoY in Q3 2025 on the slower growth in prices, driven by a 0.9% decline in residential land prices and a 1.7% drop in apartment prices.

Meanwhile, the commercial sector, which represents 25.4% of the index weight, increased by 6.8% YoY as commercial land prices grew 7.2% by the end of the three-month period.

Meanwhile, during the same quarter, the agricultural sector rose by 15.3% YoY to 110.2 points.

As for real estate prices by region, the Eastern Province recorded the highest annual rise of 6.1%, followed by Najran and Tabuk at 3.7% and 3.4%, respectively.