{"id":104973,"date":"2026-05-11T16:04:22","date_gmt":"2026-05-11T13:04:22","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=104973"},"modified":"2026-05-11T16:04:24","modified_gmt":"2026-05-11T13:04:24","slug":"%d8%a7%d9%84%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a-%d9%81%d9%8a-%d8%a7%d9%84%d8%a3%d8%b3%d8%a8%d9%88%d8%b9-%d8%a7%d9%84%d8%a3%d9%88%d9%84-%d9%85%d9%86-%d9%85%d8%a7%d9%8a%d9%88","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/104973\/","title":{"rendered":"The real estate market in the first week of May 4,172 transactions worth 3.3 billion riyals"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The average real estate price per square meter fell significantly last week, amid notable changes in the volume and value of transactions across various cities, reflecting volatility in buying and selling activity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to data <strong>Real estate stock exchange<\/strong>... The average price per meter fell by approximately 35%, dropping from 115 riyals the week before last to about 75 riyals last week alone\u2014a trend that reflects a clear repricing in a number of areas.<br>During the first week of May, the market also saw the execution of 4,172 <strong><a href=\"https:\/\/amlak.net.sa\/en\/104913\/\">Real estate deal<\/a><\/strong> With a total value of approximately 3.3 billion riyals, compared to 4,547 transactions worth nearly 4 billion riyals the previous week, reflecting a decline in overall activity in tandem with falling prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">343 transactions in <strong>Riyadh <\/strong><br>Last week, the city of Riyadh recorded 343 transactions worth 372 million riyals, with an average price of 2,500 riyals per square meter, compared to 449 transactions and 422 million riyals the previous week, with an average price of 2,012 riyals per square meter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Jeddah Maintains Its Momentum<\/strong><br>As for Jeddah, it recorded 727 transactions worth more than 1 billion riyals, at an average of 3,346 riyals per square meter, compared with 738 transactions worth 915 million riyals the previous week, at an average price of 3,462 riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Severe Turbulence in Mecca and Medina<\/strong><br>In Mecca, 166 transactions were completed with a total value of 127 million riyals, at an average price of 1,578 riyals per square meter, compared to a significant jump the previous week, when the average price reached 11,011 riyals per square meter.<br>Medina, meanwhile, recorded 191 transactions worth 132 million riyals, at an average of 835 riyals per square meter, compared with 230 transactions worth 182 million riyals in the previous week.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dammam and Abha: Between Decline and Growth<\/strong><br>Dammam saw 141 transactions totaling 152 million riyals, at an average of 74 riyals per square meter, compared to 397 riyals the previous week.<br>In contrast, Abha saw mixed activity, with 69 transactions totaling 114 million riyals, at an average of 260 riyals per square meter, compared with only 52 transactions the previous week, though at a higher average of 1,994 riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Most Active Neighborhoods in the Market<\/strong><br>At the neighborhood level, Al-Safa in Jeddah topped the list of most active neighborhoods with 39 transactions, followed by Al-Salamah with 38 transactions, then Al-Sha\u2019la in Dammam with 34 transactions, while Durrat Al-Arous came in with 31 transactions, and Namar in Riyadh ranked fifth with 25 transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This volatile performance points to a period of rebalancing in the real estate market, characterized by falling prices and varying levels of demand across cities and neighborhoods.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>The average real estate price per square meter recorded a significant decline last week, amid notable changes in the volume and value of transactions across various cities, reflecting volatility in buying and selling activity. According to data from the Real Estate Exchange, the average price per square meter fell by approximately 35%, dropping from 115 riyals the week before last to about 75 riyals during the week \u2026 <a title=\"The real estate market in the first week of May 4,172 transactions worth 3.3 billion riyals\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/104973\/\" aria-label=\"Read more about the real estate market in the first week of May... 4,172 transactions worth 3.3 billion riyals were completed\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":74851,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"both","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[{"url":"","title":"","desc":"","thumbnail":"","duration":"","rating":"","view_count":"","tag":""}],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[100],"tags":[],"class_list":["post-104973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential"],"acf":{"amlak_post_excerpt":"\u062a\u0631\u0627\u062c\u0639 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