Saudi Arabia’s residential real estate market witnessed a significant slowdown in February 2026, with a sharp decline in both the number and value of transactions compared to the same period in 2025. This downturn is attributed to seasonal and regulatory factors.
Data from the General Real Estate Authority revealed a structural decline across the residential market:
- The number of residential transactions fell to 10,574 compared to 21,210 in February 2025, marking a 50% decrease.
- Apartment transactions dropped by 39% to 4,590 deals.
- Villa transactions declined by 45% to reach 1,275.
- Duplex transactions decreased by 22% to 697.
- Other categories fell by 22% to 454 transactions.
Total Transaction Values:
- The value of land transactions plunged by 62% to SAR 7.6 billion.
- Apartment transactions dropped by 42% to SAR 3 billion.
- Villa transaction values declined by 60% to SAR 1.9 billion.
- Duplex transactions shrank to SAR 789.9 million, down 34%.
- Other categories decreased to SAR 618.9 million.
Stability in Average Sizes and Prices:
- Average land size: 544 sqm
- Apartments: 164 sqm
- Villas: 428 sqm
Average Prices:
- Land: SAR 653,000
- Apartments: SAR 655,000
- Duplex: SAR 1.14 million
- Villas: SAR 1.54 million
Despite the sharp decline in transaction activity, the market showed relative stability in supply and demand at the price level.
