Month: September 2026

«"Three centuries" of the Kingdom's triumphant journey

by
Riyadh is adorned in green to celebrate the 94th Saudi National Day (2024)

Reading time: 2 MinutesThe 5th of Shawwal 1319 AH / January 15, 1902 CE, witnessed a major turning point in the history of the Arabian Peninsula with the recapture of Riyadh by King Abdulaziz bin Abdulrahman Al Saud (may God have mercy on him), marking a significant stage in the history of the Saudi state. All regions and cities submitted to his leadership, and after 1345 AH / 1926 CE, the state was named the "Kingdom of Hejaz, Najd, and its Dependencies," and it was… Read more

After the interest rate hike, how will the Saudi real estate market and developers be affected?

by

Reading time: 4 MinutesThe Saudi real estate market has entered a new phase of dealing with rising capital costs after the US Federal Reserve raised interest rates by 25 basis points, the first increase since 2023. The Saudi Central Bank (SAMA) followed suit, raising its repurchase agreement (repo) rate to 4.50% and its reverse repurchase agreement (reverse repo) rate to 4.00%. This comes as… Read more

With a value of 76.18 billion riyals, rental transactions exceed 3 million deals in 8 months.

by
The Kingdom - Riyadh - Saudi Arabia - Real Estate

Reading time: 4 MinutesData from the Saudi Arabian real estate rental market during the first eight months of 2026 revealed a clear expansion in activity, with the number of transactions increasing at a faster pace than their total value, while the average transaction value declined compared to the same period last year. According to data from the General Authority for Real Estate, rental transactions during the period from January to August 2026… Read more

Construction activities increased by 9.52 billion riyals by the end of the second quarter of 2026

by

Reading time: 4 MinutesThe construction and real estate sectors in Saudi Arabia maintained their annual growth during the second quarter of 2026, with their combined value rising to SAR 171.72 billion, compared to SAR 162.2 billion in the same quarter of 2025, an increase of approximately 5.91 TP3T, or SAR 9.52 billion, according to data from the General Authority for Statistics. Despite this growth, the combined contribution of these two sectors to the GDP declined… Read more

Residential land sales reach 64 billion riyals in 8 months... and the average transaction is at its lowest level

by

Reading time: 4 MinutesThe Saudi residential land market entered the first eight months of 2026 with a clear decline in transaction values and the number of deals, coinciding with a drop in the average transaction value to its lowest level during the period, while the traded area remained close to its previous levels. Data from the General Authority for Real Estate shows that the value of residential land purchase transactions reached SAR 64.04 billion during the period… Read more

An investment opportunity has been presented for the establishment of a health resort in Ain Al Hara, Al Ardah Governorate.

by

Reading time: < 1 MinuteThe Jazan Municipality, through its municipal investment portal “Furas,” has offered an investment opportunity for the establishment, operation, and maintenance of a health resort in the Al-Ain Al-Harrah neighborhood of Al-Ardah Governorate. The resort will occupy an area of 80,511 square meters, with a 25-year contract term. The deadline for submitting bids is November 2nd, as part of efforts to capitalize on the region's natural and tourism assets. Al-Ain Al-Harrah is considered one of… Read more

Riyadh jumps 47 places to enter the list of the top 50 cities globally

by
The Kingdom - Riyadh - Saudi Arabia - Real Estate

Reading time: < 1 MinuteThe Saudi capital, Riyadh, has made a significant leap in the 2026 global city rankings, jumping 47 places to rank 50th out of 1,000 cities across 163 countries, according to the 2026 Global Cities Index published by Oxford Economics. This progress reflects Riyadh's accelerating rise on the global city map, having consistently improved its ranking in recent years… Read more

Jazan Municipality offers an investment opportunity to develop the "520" scheme in King Abdullah Suburb

by

Reading time: < 1 MinuteThe Jazan Municipality, through its municipal investment portal "Furas" (Opportunities), has offered an investment opportunity to develop plot number "520" in King Abdullah Suburb, Jazan City. The plot covers an area of 649,886 square meters, with a contract duration of up to 24 months, as part of efforts to develop infrastructure and enhance urban development in the region. The investment opportunity includes the implementation of road network leveling works within the plot and connecting it to surrounding roads, in addition to… Read more

Residential property loses 44,000 riyals of its average value in 8 months

by

Reading time: 4 MinutesThe landscape of the Saudi residential real estate market shifted during the first eight months of 2026, with the average purchase price of a residential property declining to approximately SAR 729,000, compared to around SAR 773,000 during the same period last year—a decrease of approximately 5.71 TP3T. This decline coincided with a decrease in the average property size and the number of transactions, as well as a more significant drop in the total value of transactions. Data from the General Authority… Read more

The Minister of Municipalities and Housing inaugurates the 3rd International Conference and Exhibition on Facilities Management 2026

by

Reading time: 2 MinutesHis Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, inaugurated yesterday the proceedings of the 3rd International Facilities Management Conference and Exhibition 2026, held under the theme “Smart Facilities… Smart Cities,” with the participation of a select group of specialists, experts, and representatives from governmental and private entities and those interested in the facilities management sector. In his opening remarks, His Excellency emphasized that the facilities management market in the Kingdom exceeds $50 billion in size… Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.