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  • Saudi Arabia

    Total house sales in Saudi

    Quarterly report of housing transactions in Saudi recorded by official registrars

    • Q1 2017: 122,787
    • Annual change 18.53%
    • Quarterly change 2.99%
    Region Annual change Q1 transactions Market peak Peak volume
    Riyad 20.33% 23,141 Q1 2007 47,449
    Jeddah 53.50% 3,314 Q2 2006 6,757
    Khobar 32.54% 2,277 Q4 2006 6,075
    Madina 12.68% 3,910 Q4 2006 7,841
    Jubail 7.91% 4,736 Q2 2010 7,691
    Dammam 9.49% 6,060 Q2 2006 11,610
    Qassim 26.57% 1,329 Q2 2006 4,104
    Abha 18.84% 5,425 Q4 2006 14,035
    Tabuk 26.29% 4,612 Q4 2006 12,987

    Note: Registrars publish this data quarterly, often up to 6 months after the transaction date. We check government sources daily and post the latest data as soon as it becomes available.

    Sources: General Authority for Statistics, Ministry of Justice


    International buyer activity

    House purchases by foreign nationals as a percentage of total property transactions, Jan - Mar 2017

    • Q1 2017: 17.18% of all transactions
    • Annual change 0.76%
    • Quarterly change 0.25%
    Region International buyers Q1 transactions Annual change
    Riyad 16.29% 3,769 3.04%
    Jeddah 8.69% 288 1.50%
    Khobar 3.86% 88 0.13%
    Madina 34.17% 1,336 5.25%
    Jubail 3.25% 154 0.70%
    Dammam 40.79% 2,472 0.26%
    Qassim 3.54% 47 1.22%
    Abha 3.69% 200 0.69%
    Tabuk 6.53% 301 0.26%

    This includes both resident and non-resident foreign buyers.

    Sources: General Authority for Statistics, Ministry of Justice


    Residential mortgage approvals

    Number of new mortgages and loans on property in Saudi, February 2017

    • Feb 2017: 35,108
    • Annual change 2.78%
    • Monthly change 7.29%
    Region Annual change No. loans Value
    Riyad 12.04% 6,086 €706,938,000
    Jeddah 6.61% 1,290 €122,287,000
    Khobar 4.33% 723 €205,713,000
    Madina 10.18% 1,147 €204,360,000
    Jubail 20.74% 1,830 €351,680,000
    Dammam 6.87% 1,478 €132,175,000
    Qassim 75.94% 702 €53,361,000
    Abha 11.73% 1,527 €177,068,000
    Tabuk 6.55% 1,283 €127,291,000

    Official mortgage data is published monthly, normally 8-12 weeks after the transaction date.

    Sources: General Authority for Statistics, Ministry of Justice


    House sales (monthly) in Saudi

    This housing transaction data is less detailed than the quarterly release, but is more regularly updated.

    • Sep 2017: 38,588
    • Annual change 10.98%
    • Monthly change 6.40%
    Region Annual change 9/2017 transactions
    Riyad 6.34% 7,215
    Jeddah 17.85% 931
    Khobar 17.60% 568
    Madina 16.00% 1,312
    Jubail 13.28% 1,399
    Dammam 15.29% 1,757
    Qassim 16.24% 501
    Abha 1.20% 1,435
    Tabuk 43.97% 1,493

    Sources: General Authority for Statistics, Ministry of Justice

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