New residential real estate financing provided to individuals by banks in Saudi Arabia during last April witnessed a remarkable rise on a monthly basis, rising by 51% to reach SAR 6.3 billion, compared to SAR 4.2 billion in March 2026, according to the monthly statistical bulletin issued by the Saudi Central Bank “SAMA”.
Monthly statistical bulletin issued by Saudi Central Bank.
Villas accounted for the largest share of residential mortgage financing for individuals at 66.2%, with a value of SAR 4.19 billion.
Villa financing also recorded a year-on-year increase of 6.6% compared to SAR 3.9 billion in the same month last year, while month-on-month it jumped by 72.8% compared to SAR 2.6 billion in March 2026, indicating strong activity in this sector. With regard to land financing, it accounted for 5.
In terms of contracts, the number of retail mortgage contracts during April rose to 9,579 contracts, recording annual and monthly growth of 16.8% and 49.7% respectively, reflecting increased activity in the residential finance market during the recent period.
Apartment financing accounted for 28% of total retail real estate financing in April, recording SAR1.78 billion, but fell year-on-year by 13.8% compared to SAR2.06 billion in the same month last year. In contrast, apartment financing increased month-on-month by 37.7% compared to SAR1.29 billion in March 2026.
In terms of land financing, it accounted for 5.6% of total retail real estate financing, recording SAR 356 million, achieving an annual growth of 17% compared to SAR 304 million in April last year, along with a monthly increase of 27% compared to SAR 280 million in March 2026.
