Riyadh- Mohammed Jamous <a style="color: #800000;" href="https://amlak.net.the properties sold 237.5 thousand properties, while the value of transactions amounted to 223.3 billion riyals from 228.9 thousand real estate transactions.

Regions Deal Index

The indices indicated that deals in the Riyadh region fell from 102,105 to 75,080, in the Makkah region from 52,298 to 49,597, and in the Eastern region from 38,704 to 31,814. The slowdown is attributed to the contraction of the residential sector especially in the second half of the year, which saw an acceleration in the cost of mortgages to their highest levels in 22 years.

Riyadh region deals index.

Residential Sector Deals

The value of residential sector deals decreased by 3.8%, compared to its increase during 2021 by 11.6%, to stabilize the total value of residential sector deals by the end of 2022 at the level of 126.5 billion riyals, or 56.6%, of the total.

Commercial Sector Deals

The total value of commercial sector deals recorded a record annual increase of 28.6%, compared to its increase during 2021 by 36.6%, to stabilize the total value of the sector's deals by the end of the year at 78.7 billion riyals or 35.2%.

strong>Commercial sector deals

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Agricultural and industrial deals

The total value of deals for the agricultural and industrial sectors decreased year-on-year by 2.0%, compared to its record high during 2021 by 100.4%, and the total value of deals for the two sectors stabilized by the end of the year at 18.2 billion riyals or 8.1%.

The total value of deals for the two sectors stabilized at the end of the year at the level of 18.2 billion riyals, or 8.1%.

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Index of real estate deals in 2022

237.5K properties sold.

228.9K real estate transactions.

223.3 billion riyals worth of deals.

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78.7 billion riyals worth of commercial sector deals.

78.7 billion riyals worth of deals. 126.5 billion riyals worth of residential sector deals.

126.5 billion riyals worth of residential sector deals.

18.2 billion riyals worth of agricultural and industrial deals.

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75.080 real estate deals in Riyadh.
49.597 deals in the Makkah region.
32 thousand deals in the Eastern Province.