Residential land and apartment prices in Saudi Arabia climbed on an annual basis during the third quarter of 2026, while villa values fell sharply, The data points to a shifting housing market across the Kingdom.
The overall real estate price index rose 1.2% year-on-year in Q3 2026, reaching 105.1 points compared with 103.9 points in the same quarter of 2025. Residential property prices as a whole increased 2.3% over the year.
Within the residential segment, residential land prices led the gains with a 4.9% annual rise, followed by apartment prices, which were up 1.7%. In contrast, villa prices declined 7.7% compared with a year earlier, the steepest drop among the categories tracked.
A softer quarter
On a quarterly basis the picture was more subdued. The overall index slipped 1.2% from the second quarter of 2026. Residential land prices fell 2.1% quarter-on-quarter, apartment prices edged down 0.5%, and villa prices eased 0.4%.
For residents and expats weighing whether to buy or rent, the numbers suggest that land and apartments remain on a firmer longer-term footing, while demand for standalone villas has cooled. The divergence may influence where buyers, developers and investors focus in the months ahead, particularly in high-demand cities such as Riyadh and Jeddah.
Saudi Living will continue to monitor housing trends and bring readers updates as new figures are released.
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
Don't Miss Similar Listings
Be the first to know when new stories on this topic are published.
