AI Summary
SAMA data showed 108,800 mortgage contracts were concluded between banks and individuals in 2025
The average value of new residential mortgages declined by 1% YoY in 2025, reaching SAR 739,000.
Financing for residential villas accounted for the largest share of the total mortgages provided by banks during 2025, with a value of SAR 51.4 billion, at 64%. Residential apartments came in second place with SAR 24.3 billion, followed by land plots with SAR 4.7 billion.
|
Residential Mortgages to Individuals by Product Type (SAR mln)* |
|||
|
Year |
Villas |
Apartments |
Land Plots |
|
2018 |
21.97 |
3.41 |
2.36 |
|
2019 |
56.52 |
11.31 |
11.14 |
|
2020 |
93.26 |
21.92 |
35.61 |
|
2021 |
96.19 |
28.40 |
27.95 |
|
2022 |
83.97 |
27.24 |
9.07 |
|
2023 |
53.33 |
20.25 |
4.16 |
|
2024 |
58.30 |
28.09 |
4.68 |
|
2025 |
51.44 |
24.30 |
4.68 |
Residential mortgages granted to individuals by financing firms in Saudi Arabia dropped by 3% YoY to SAR 2.49 billion, marking its lowest level in seven years.
|
Residential Mortgages to Individuals from Financing Firms (SAR mln)* |
||
|
Year |
Value |
Change |
|
2016 |
2166 |
-- |
|
2017 |
2102 |
(3%) |
|
2018 |
2461 |
17% |
|
2019 |
5287 |
115% |
|
2020 |
4592 |
(13%) |
|
2021 |
3767 |
(18%) |
|
2022 |
3086 |
(18%) |
|
2023 |
3057 |
(1%) |
|
2024 |
2568 |
(16%) |
|
2025 |
2487 |
(3%) |
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