{"id":109530,"date":"2026-08-30T11:05:56","date_gmt":"2026-08-30T08:05:56","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=109530"},"modified":"2026-08-30T15:23:16","modified_gmt":"2026-08-30T12:23:16","slug":"%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d8%b4%d9%82%d9%82-%d9%81%d9%8a-%d8%a7%d9%84%d8%b1%d9%8a%d8%a7%d8%b6-%d8%a3%d9%85%d8%a7%d9%85-%d8%a7%d8%ae%d8%aa%d8%a8%d8%a7%d8%b1-%d8%a7%d9%84%d8%aa%d9%88%d8%a7%d8%b2","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/109530\/","title":{"rendered":"Visible Shifts in Riyadh\u2019s Apartment Market Following Real Estate Stabilization Measures\u2026 Prices Fall 17%"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Saw a market <strong><a href=\"https:\/\/amlak.net.sa\/en\/106815\/\">Apartments <\/a><\/strong>In Riyadh, there have been notable changes during the period from the first quarter of 2023 to the second quarter of 2026, with the impact of the decisions emerging.<strong><a href=\"https:\/\/amlak.net.sa\/en\/108918\/\"> Equilibrium<\/a><\/strong> On the rental, sales, and price movements, at a time when the market took a different path between products and neighborhoods.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to a report issued by Jidha Finance titled \u00abChanges in the Riyadh apartment market following real estate balance sheet decisions,\u00bb apartment sales have decreased at a much faster pace than their prices, with the number of apartments sold falling by 88% from a peak of 1,692 units in the first quarter of 2024 to 195 units in the second quarter of 2026, while the average price of apartment sales has decreased by only 17%, from a peak of 744,000 riyals in the second quarter of 2025 to 616,000 riyals in the second quarter of 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Rents: Strong rise before stabilization and then correction<\/strong><br>The report tracks a different trajectory for rents, whose average annual increase from the first quarter of 2023 to the third quarter of 2025 is 76%, the quarter in which the stabilization decision was issued. <strong><a href=\"https:\/\/amlak.net.sa\/en\/109273\/\">Rentals<\/a><\/strong>Before the average retraces by 14.7% to the second quarter of 2026.<br>At the Riyadh region level, the Riyadh center recorded the highest increase, with the average annual rent rising from 25,000 riyals in the first quarter of 2023 to 45,800 riyals in the fourth quarter of 2025, an increase of 121%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">North Riyadh recorded growth in average rents of 57% until the third quarter of 2025, before declining by 14.5% in the second quarter of 2026, while the average rents in East Riyadh rose by 73% before declining by 13.6%.<br>In western Riyadh, the average rose 71% by the third quarter of 2025, then dropped to 16.1% in the second quarter of 2026, while southern Riyadh recorded growth of 58% before falling to 14.0%.<br>The report indicates that the slowdown in rental growth began a full year before the stabilization decision, as the compound annual growth rate reached 31.3% at one stage, then slowed to 17.2%, before turning into a negative compound annual growth rate of 19.1% in the final stage, while the compound annual growth rate for the entire period was 13.4%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>24 animals recorded a decline in the first quarter of 2026<\/strong><br>Data from neighborhoods reveals the extent of the correction following real estate balance decisions. In the fourth quarter of 2025, the first full quarter after the rent stabilization decision was issued, 20 of the 25 neighborhoods recorded a decrease in rents.<br>In the first quarter of 2026, the decline expanded to include 24 of the 25 neighborhoods, the widest decline during the period covered by the report.<br>In the second quarter of 2026, 13 neighborhoods recorded a decrease in rents, while 12 neighborhoods saw an increase.<br>When comparing the third quarter of 2025 with the second quarter of 2026, the average rent for apartments in most Riyadh neighborhoods decreased by percentages ranging between 0.4% and 24.1%.<br>The Al Maraslat neighborhood recorded the largest decline, by 24.1%, equivalent to 11,875 riyals per year, as the average rental price dropped from 49,316 riyals to 37,441 riyals.<br>Casablanca came in at 21.6%, breast milk at 21.0%, upper thigh at 20.5%, groin at 19.0%, groin at 18.2%, thighs at 18.0%, and hips at 17.1%.<br>In contrast, the only live-stock rose in the average rent since the quarter of the stabilization decision, by 0.3%, while the herd closest to stability saw a decrease of only 0.4%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Al-Maraslat neighborhood recorded the largest rise before the decision<\/strong><br>Before the decision to fix rents, some neighborhoods experienced significant increases, the most notable being al-Maraslat neighborhood, where the average rent rose from 23,071 riyals to 49,316 riyals, an increase of 114%, before the largest decrease among neighborhoods following the decision, falling to 37,441 riyals, a decrease of 24.1%. In Sulaymaniyah, the average rent rose from 24,923 riyals to 46,047 riyals, an increase of 85%, before falling to 41,012 riyals, a decrease of 10.9%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Arqa, the average rent increased from 27,472 riyals to 38,125 riyals, an increase of 39%; then it declined after the stabilization decision by only 0.4% to 37,983 riyals. In Al-Ajar, the average increased from 25,952 riyals to 45,544 riyals, an increase of 75%; before it declined to 37,234 riyals in the second quarter of 2026, a decrease of 18.2%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A significant gap between neighborhood rents<\/strong><br>The average apartment rental rates over the last four quarters, from the third quarter of 2025 to the second quarter of 2026, ranged between 19,000 and 52,000 Saudi riyals per year.<br>The average likely rent per neighborhood was 34,000 riyals, while the lowest average was 51.6 thousand riyals, followed by the highest at 48.6 thousand riyals, the highest at 45.6 thousand riyals, the highest at 45.2 thousand riyals, and the highest at 44.8 thousand riyals. On the other hand, the average in Shafa was 19.3 thousand riyals, the same level recorded in Badr, while the average in Tuwiq was 20.6 thousand riyals, the Darb al-Kabira 21.2 thousand riyals, the Aziziya 22.1 thousand riyals, and the Manmar 22.8 thousand riyals. The rent for an apartment in Shafa is about 2.7 times the rent in Badr.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sales are declining more sharply<\/strong><br>In the housing market, the gap between sales volume and prices is evident. Apartment sales reached 1,692 units in the first quarter of 2024, before gradually declining to 195 units in the second quarter of 2026, a decrease of 88%.<br>In addition, the total sales of apartments decreased from 3,304 units in the first half of 2024 to 526 units in the first half of 2026, a decline of 84%.<br>In contrast, the average unit selling price did not move in the same direction; it started at 633,000 riyals in the first quarter of 2023, reached a peak at 744,000 riyals in the second quarter of 2025, and ended at 616,000 riyals in the second quarter of 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Narcissus and Lilac... Sales decline despite differing prices<\/strong><br>When comparing the sales of each neighborhood in 2024 with the last four quarters from the third quarter of 2025 to the second quarter of 2026, most neighborhoods recorded a clear decrease in sales volume.<br>The lowest sales were recorded in Malekah, where sales fell from 756 units in 2024 to 69 units in the last four quarters, a decrease of 91%. In Narjis, sales fell from 1,256 units to 313 units, a decrease of 75%, while in Al-Ajar, sales fell 85% from 487 to 74 units, and in Qurtuba 90% from 403 to 41 units. Sales also declined in Puq'at 78%, Yasmin 68%, Dar Bakhdha 67%, Aziziya 72%, Mahdiyah 71%, Marnar 62%, Sulaymaniyah 88, al-Jumhuriya 55%%, and Yarmouk 66%.<br>The Shaafa was the only exception in the presented data, as its sales rose 10%, from 91 apartments in 2024 to 100 apartments in the last four quarters.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Prices hold in some neighborhoods despite the decline in demand<\/strong><br>Despite the sharp decline in the number of apartments sold, sales prices continued to rise within a number of neighborhoods. The press recorded the largest increase in the average selling price, which rose 28% from 1.069 million riyals to 1.364 million riyals, despite a 55% decline in sales. In Badar, the average price rose% from 289,000 riyals to 362,000 riyals, while sales fell by 35%.<br>As for Nargis, the average price of an apartment there rose 17% from 741,000 riyals to 869,000 riyals, despite a 75% drop in sales. The average price in Darb-el-Bahr has also risen by 15%, in Mahdia by 15%, in Oukaimat by 10%, and in Azizia by 3%.<br>In contrast, the average price in Mallaha 15 decreased from 920%,000 riyals to 780,000 riyals, coinciding with a 91% drop in sales.<br>Al-Hala had the highest average selling price during the last four quarters at 1.372 million riyals, followed by Al-Safah at 1.364 million riyals, while the average price in Al-Hala was 306,000 riyals, which means that the price of the apartment in Al-Hala is about 4.5 times the average price in Al-Safah.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Rents exceed sales prices<\/strong><br>The change in the direction of rental rates and sales prices has reshaped the rental yield in a large number of Riyadh neighborhoods.<br>From the first quarter of 2023 until the second quarter of 2026, the rental index rose by 50%, while the sales price index fell by 3%. The accumulated gap between the two indices reached 53 percentage points, which directly reflected an increase in rental returns in most neighborhoods.<br>Qortuba ranks first in terms of rental yield, having risen from 5.0% in 2024 to 7.1% in the last four quarters, an increase of 2.1 percentage points.<br>The sands increased by 1.3 points, the clay by 1.1 points, the shafa by 1.0 points, the al-haya by 0.9 points, the al-azar by 0.8 points, and the al-azizia by 0.7 points.<br>In contrast, the return in Casablanca fell from 6.9% to 6.4%, in Narjc from 5.8% to 5.2%, and in the press from 3.8% to 3.2%, while Badr recorded the largest decline, from 6.3% to 5.3%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Real estate balance decisions<\/strong><br>The report links these transformations to a broader context of real estate balance decisions witnessed in Riyadh during 2025. On March 29, 81.48 km\u00b2 of land north of Riyadh were released from the freeze, with 40,000 residential plots granted annually for five years at a price not exceeding 1,500 riyals per square meter.<br>On April 29, 2025, the white land fee slices were approved, ranging from 10% to 2.5% according to the slice.<br>Then, on September 25, 2025, a decision was issued to fix the rents for residential and commercial real estate until September 2030, with the value of the latest contract registered on the \u00abEjar\u00bb platform being adopted as a reference.<br>On October 9, 2025, the suspension was lifted for approximately 33.24 km\u00b2 of land west of Riyadh along the Haniwa Valley, according to the Haniwa Valley urban code.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A sample that reflects the general trend of the market<\/strong><br>Jaid Finance\u2019s report relied on data from 25 living units in Riyadh, between the first quarter of 2023 and the second quarter of 2026, using data from the land registry and the Ministry of Justice, while unifying the measurements based on a 100-square-meter apartment.<br>The volume of data used is 652,798 rented apartments and 15,446 sold apartments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rent analysis is based on the \u00abMedian\u00bb rental intermediary within each neighborhood for each quarter, while the sales analysis is based on the \u00abAverage\u00bb apartment price calculated on all recorded transactions, using the weighted average when aggregating results from several neighborhoods or quarters. The report indicates that the average price trajectory of apartment sales in the sample is consistent with the general trend of the average price of apartment sales in Riyadh City, although the scope of coverage and the calculation methodology differ. The correlation coefficient reached 0.912, while the R\u00b2 reached about 0.831, indicating that about 83% of the change in the general trend of the Riyadh City index is explained by the sample using the used methodology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/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\"> 5<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>The Riyadh apartment market witnessed notable changes during the period from the first quarter of 2023 to the second quarter of 2026, with the impact of real estate balance decisions on rental rates, sales, and prices emerging, at a time when the market took a different path between products and neighborhoods. According to a report issued by the company \u00abGiad Finance\u00bb titled \u00abChanges in the Riyadh apartment market following the decisions \u2026 <a title=\"Visible Shifts in Riyadh\u2019s Apartment Market Following Real Estate Stabilization Measures\u2026 Prices Fall 17%\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/109530\/\" aria-label=\"Read more about Visible changes in the Riyadh apartment market following real estate balance decisions: prices are falling 17%\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":105126,"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":"","_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":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[7785],"tags":[],"class_list":["post-109530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-riyadh-qassim"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629.png",658,368,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629-150x150.png",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629-300x168.png",300,168,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629.png",658,368,false],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629.png",658,368,false],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629.png",658,368,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629.png",658,368,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629-18x10.png",18,10,true],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629-300x200.png",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629-600x368.png",600,368,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629.png",658,368,false],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2026\/05\/\u0627\u0644\u0631\u064a\u0627\u0636-\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-\u0627\u0644\u0639\u0627\u0635\u0645\u0629.png",658,368,false]},"author_info":{"info":["\u0623\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"<a href=\"https:\/\/amlak.net.sa\/en\/category\/regions\/riyadh-qassim\/\" rel=\"category tag\">\u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0631\u064a\u0627\u0636 \u0648\u0627\u0644\u0642\u0635\u064a\u0645<\/a>","tag_info":"\u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0631\u064a\u0627\u0636 \u0648\u0627\u0644\u0642\u0635\u064a\u0645","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/109530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=109530"}],"version-history":[{"count":6,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/109530\/revisions"}],"predecessor-version":[{"id":109574,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/109530\/revisions\/109574"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=109530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=109530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=109530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}