The value of real estate transactions during the first 11 months of 1438H decreased by 27% to 195.1 billion riyals compared to 266.9 billion riyals during the same period last year.
Qaeda deals 21.4 billion riyals
Data released by the Ministry of Justice showed that the value of real estate transactions that took place during the month of Dhul Qa'da last year amounted to 21.4 billion riyals, recording a decrease of 2% compared to the same period last year: 24.0pt; font-family: "Arial","sans-serif"; color: #222222;">.
Residential deals 12.3 billion riyals
Real estate transactions are distributed between residential and commercial, where the value of residential transactions during the month of Dhu al-Qa'dah 1438 AH amounted to about 12.3 billion riyals, a decrease of 9TP3T compared to the same period of the previous year: 24.0pt; font-family: "Arial",'sans-serif'; color: #222222;'>.
Trade deals 9 billion
While the value of commercial transactions reached about 9 billion riyals during the month of Dhu al-Qa'dah of 1438, recording an increase of 10%, compared to the same period last year.
Largest share of plots
The real estate transactions that took place on land plots (residential and commercial) acquired the largest share during the month of Dhu al-Qa'dah of the year 1438 AH, with a value of 19.6 billion riyals and a percentage of about 92% of the total value, followed by apartment deals worth 919.8 million riyals.
Riyadh is the most active city in residential
As for the most active cities in terms of the value of residential real estate transactions during the month of Dhul Qa'dah, Riyadh was the highest with deals worth 3.95 billion riyals, an increase of 21 % compared to the same month last year, followed by Mecca with 1.79 billion riyals, a decrease of 6: 24.0pt; font-family: "Arial','sans-serif'; color: #222222;'>%.
Jeddah is the most active city in commerce
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