Average apartment prices in Saudi Arabian cities.

Real estate prices in Saudi Arabia vary by city and region. Below is an overview of average apartment prices in some major cities.

Riyadh: As the capital and largest city, Riyadh offers a wide range of apartment prices. In upscale and central areas, mid-sized apartments can range from 400,000 to over 1,000,000 Saudi riyals.

Jeddah: This bustling coastal city is the second largest in Saudi Arabia. Apartments near the corniche and shopping malls can cost from 500,000 to over 2,000,000 riyals, depending on features and views.

Mecca: The city is prized for its religious significance, particularly in areas near the Holy Mosque. Apartment prices here can start at 600,000 rials and reach over 3,000,000 rials for apartments with a special view and luxurious finishes.

Medina: With its sanctity, similar to Mecca, Medina is in high demand, especially in the areas surrounding the Prophet's Mosque. Prices range from 400,000 to 2,500,000 rials, depending on location and construction quality.

It is important to note that these figures are approximate and are subject to change depending on market conditions and other factors. Real estate investments always require careful research and analysis of the current situation.

The Kingdom is striving to diversify the economy and improve the quality of life for its citizens, including developing infrastructure and increasing supply to meet growing housing demand. These efforts may lead to price stabilization in the medium term, with the possibility of moderate increases in major cities due to population growth and urban expansion. In Riyadh and Jeddah, apartment prices are expected to rise between 3% and 5% annually in the coming years, thanks to significant investment in real estate projects and infrastructure.