Year: 2026 2025 2024
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Riyadh, Saudi Arabia

Property prices · 2026 · Middle East · Price +2.9% vs 2025

Price/sqm — City Centre SAR 9,095
Price/sqm — Outside Centre SAR 5,564
1-Bed Rent / Month SAR 3,745
3-Bed Rent / Month SAR 6,955
Avg Mortgage Rate 5.20%
Price-to-Rent Ratio 14.0x Buying may offer better long-term value

Property price trend in Riyadh (2024–2026)

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Property comparison — cities in Saudi Arabia (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Riyadh
Riyadh SAR 9,095 SAR 5,564 SAR 3,745
Mecca SAR 7,740 SAR 5,160 SAR 4,085 -14.9%
Jeddah SAR 7,310 SAR 4,838 SAR 3,762 -19.6%

Other Middle East cities (2026)

Frequently asked questions

How much does property cost in Riyadh in 2026?

In Riyadh, the average price per sqm in the city centre is SAR 9,095, and SAR 5,564 outside the centre (2026 data). Prices have risen 7% since 2024.

How much is rent in Riyadh in 2026?

A 1-bedroom apartment in Riyadh rents for approximately SAR 3,745 per month in 2026. A 3-bedroom apartment costs around SAR 6,955/month.

Is it better to buy or rent in Riyadh?

Buying may offer better long-term value in Riyadh. The price-to-rent ratio is 14.0x — it would take approximately 14.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.20%.

What are mortgage rates in Saudi Arabia in 2026?

The average mortgage rate in Saudi Arabia is approximately 5.20% as of 2026. With a price-to-rent ratio of 14.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Riyadh changed?

Property prices in Riyadh have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Riyadh?

The average property price per square metre in Riyadh city centre is SAR 9,095 in 2026. Outside the centre, expect to pay around SAR 5,564/sqm.

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