The real estate bourse witnessed remarkable activity during the week ending January 9, 2025, as it achieved record numbers reflecting the momentum of the real estate market in the country. With deals worth more than 7 billion riyals and large trading areas amounting to about 26 million square meters.

According to the data of The Real Estate Exchange, 6,392 real estate transactions were recorded during the week ending January 9, 2025, while the highest price per square meter during the week was 163.5 thousand riyals, while the average price per square meter reached 271 riyals, reflecting a clear disparity in real estate prices between different regions.

The most active neighborhoods in Riyadh

Riyadh's Janadriyah neighborhood topped the list of the most traded neighborhoods in terms of the number of transactions, witnessing the execution of 123 transactions with a total value of 105.4 million riyals.
Al-Nadhim came in second place with 90 transactions worth more than 96.8 million riyals. As for the Rimal neighborhood, it ranked third with 55 transactions worth SAR 175.9 million, achieving the highest total value compared to other neighborhoods.

In fourth place, Namar neighborhood recorded 51 transactions worth SAR 68 million, while Aridah finished the list with 39 transactions with a total value of SAR 18.4 million.

Real Estate Exchange Platform: User growth and daily utilization

<According to a statistic released by the Saudi Ministry of Justice last December, the number of registered users of the real estate exchange platform exceeded one million, with more than 30,000 beneficiaries per day. This growth reflects the success of the platform in providing integrated services to investors and beneficiaries of the real estate sector, enhancing transparency and easy access to real estate data.

The record numbers recorded by the Saudi Real Estate Exchange during the past week reflect the vitality of the real estate market in the Kingdom, especially with the continued execution of deals of huge amounts and the increasing demand for the digital real estate platform. This momentum is expected to continue as investors and developers become more interested in the opportunities available in the Saudi real estate market.