Saudi Arabia real estate market — prices, rental yield and trend
- Average price: $1,386 / m²
- Gross rental yield: 6.84%
- 12-month price change (USD): 1.3%
- Transaction cost: 9%
- Price basis: capital average
Residential property in Saudi Arabia averages $1,386 per square metre. In dollar terms the market has barely moved over the last twelve months (+1.3%). That makes it the 64th most expensive of the 70 markets in the set.
What a buyer pays in Saudi Arabia
The $1,386 figure is an average for the capital: it describes the capital's market, not the country as a whole — most of the country trades well below it. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 9% of the price here. On a 100 m² apartment at the average price that is roughly $12,474 on top of the $138,600 purchase price. That is close to the 9.5% median across the set. Inside Saudi Arabia we also track Riyadh separately, where the average is $1,386 — 0% below the national figure.
What it earns
Long-term letting returns about 6.8% gross on the purchase price, 20th of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 4.6 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for Saudi Arabia comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: GASTAT REPI Q2-26 via Arab News · arabnews.com · globalpropertyguide.com · numbeo.com. Snapshot: 2026-07-23.
Latest Saudi Arabia market analysis
- Saudi Arabia Caps Guest Stays at 29 Days Under Its New Short-Let Licence — 2026-09-13
- Riyadh Reopens Its Land Programme With a SR1,500 per Square Metre Price Ceiling — 2026-08-20
Related markets: Riyadh