80,000 New Affordable Homes Planned Across Saudi Arabia

New affordable housing projects have been announced across several regions of Saudi Arabia, aiming to expand the supply of entry-level homes for Saudi families in 2026. The plans span apartments and villas in major and secondary cities, with a focus on affordability.

The National Housing Company is planning around 80,000 new residential units in 2026, backed by total housing investments of roughly SAR 70 billion, targeting affordable homes across multiple regions. Separately, the Minister of Municipal and Rural Affairs and Housing announced 70,000 new housing units in Riyadh, with starting prices from about SAR 250,000 for entry-level apartments.

Several named schemes are already in the pipeline. The "Rawa" project in the Al-Jawan suburb of Riyadh offers more than 1,000 villas and townhouses, with starting prices from about SAR 764,000. The "Mela" project in the Khayla suburb of north Jeddah governorate includes about 819 villas and townhouses starting from around SAR 748,000. A new phase of the Asala Al-Jawan project in Riyadh has also launched for Sakani beneficiaries as an affordable family community.

Why it matters

Current entry-level apartment prices in 2026 range from about SAR 250,000–500,000 in south Riyadh and Medina, SAR 300,000–550,000 in east Riyadh, SAR 350,000–650,000 in Jeddah, and SAR 180,000–400,000 in Hail and secondary cities. Affordable villas run from around SAR 500,000 in smaller cities up to about SAR 2.2 million in parts of Jeddah.

The nationwide average home price in 2026 is around SAR 1 million, with most purchases falling between SAR 500,000 and SAR 2 million and a typical price of about SAR 5,100 The new supply is designed to widen homeownership options for Saudi families across the country.

---

Stay updated with the latest news, events, sports updates, business insights, real estate and lifestyle stories on Saudi Living — the leading online platform for residents, expats, and visitors in Saudi Arabia.

Follow Saudi Living for daily updates:

• Instagram - @saudiliving
• X - @saudiliving
• Facebook - @saudiliving
• YouTube - @saudiliving