Saudi Arabia property prices rise 1.2% in Q3 2026

Saudi Arabia's property price index stood 1.2% above a year earlier in Q3 2026 and 1.2% below Q2, with villas down 7.7% and residential land up 4.9%.

The facts

Saudi Arabia's real estate price index stood +1.2% above the third quarter of 2025 and 1.2% below the second quarter of 2026, the General Authority for Statistics reported on 20 October 2026.
Housing as a whole gained 2.3% on the year and lost 1.5% on the quarter.
Residential land led the annual gain at 4.9%, apartments added 1.7% and residential floors 0.8%, while villas fell 7.7%.
Commercial prices dropped 2.0% on the year, with commercial land at -2.1%, buildings at -1.4% and shops and showrooms at -0.9%.
Agricultural land rose 3.9% on the year and 0.2% on the quarter.
Among the regions reported, Northern Borders gained 12.0% and Riyadh 4.6%, while Asir lost 4.3%, Hail 3.8%, the Eastern Province 3.7% and Al-Jouf 2.8%.

What it means for your money

Villas are 7.7% cheaper on the year and residential land 4.9% dearer. The headline 1.2% index hides both moves.
Apartments sit between the two at 1.7% on the year, and Glopra's Saudi data puts the average asking price for that segment at USD 2,336 per square metre, the level a cross-border buyer negotiates from.
Owners already holding villas carry the 7.7% annual decline, and the 0.4% quarterly fall shows the slide has not stopped.

What to watch

Neither relay of the bulletin carried quarter-on-quarter figures by region, so the regional picture is annual only.
The statistical calendar lists the September construction cost index for 22 October 2026, the next release that touches build costs in the kingdom.

Sources: GASTAT https://www.stats.gov.sa/ar; Arab News https://www.arabnews.com/business/saudi-property-prices-rise-12-in-q3-as-residential-land-gains-3007314; Al-Jazirah https://www.al-jazirahonline.com/2026/10/20/544573/

Market data: Riyadh · Saudi Arabia · Jeddah