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Apartment prices in Dammam / Al Khobar average SAR 4,700 per square metre across the 3 areas covered here, up 4.0 per cent over the year, with annual rent averaging SAR 350 per square metre. That city average conceals more than it shows: Al Aqrabiyah sits at the bottom of the range and Al Khobar Corniche at the top, a spread of roughly 1.3 times for the same unit type, which is why an area figure is the only usable one for a purchase decision. Gross rental yields run from 6.0 to 7.0 per cent, and they move inversely to price: the cheapest areas yield most, because rents compress less than capital values. 3 of the 3 areas are freehold, which for a foreign buyer in Saudi Arabia is the condition that comes before any price comparison. Figures are the June 2026 snapshot and are stated per square metre rather than per unit.

Disclaimer: All prices shown are market estimates based on published data sources. They do not represent official valuations or guaranteed transaction prices. This is not investment advice.

Dammam / Al Khobar Property Price Trend

Estimated average property price per square metre trend for Dammam / Al Khobar.

Dammam / Al Khobar Average Price per sqm (SAR)

3 0503 5003 9504 4004 85020202021202220232024202520263 2003 5003 8004 1004 3004 5004 700

Estimated averages across all tracked areas. Not an official index. Data as of June 2026.

Dammam / Al Khobar Areas Comparison

Side-by-side comparison of all tracked areas in Dammam / Al Khobar.

Area Price/sqm (Buy) Price/sqm (Rent/yr) Gross Yield YoY Change
Al Khobar Corniche SAR 6 300
(~€1 575)
SAR 410
(~€103)
6.5% 5.0%
Dhahran SAR 5 200
(~€1 300)
SAR 312
(~€78)
6.0% 4.0%
Al Aqrabiyah SAR 4 700
(~€1 175)
SAR 329
(~€82)
7.0% 4.0%

All prices are estimates based on published data as of June 2026. Read full disclaimer.

About Dammam / Al Khobar Real Estate

Dammam / Al Khobar is a key property market in Saudi Arabia, offering a range of residential and commercial real estate opportunities. The city's property market reflects the broader economic dynamics of the country, with areas ranging from premium developments to more affordable residential communities.

Our data covers 3 areas within Dammam / Al Khobar, tracking estimated buy prices, rental rates, yields, and year-over-year price changes. These estimates are compiled from published market data and should be used as indicative guides rather than precise valuations.

Buyers and renters interested in Dammam / Al Khobar should consider area-specific factors including proximity to transport, amenities, schools, and employment centres, as well as the freehold or leasehold status of the property for foreign buyers. Professional local advice is essential for any property decision.

Related Pages

Sources

Price estimates for Dammam / Al Khobar are compiled from government transaction registries (where available), asking prices on major portals, and published reports from JLL, Knight Frank, CBRE, and ValuStrat. Rental data is based on listed rental prices and market reports.

Data as of June 2026. All prices are estimates, not official valuations. Read full disclaimer.

How to read the Dammam / Al Khobar table

The figures above run from 6,300 per square metre in Al Khobar Corniche down to 4,700 in Al Aqrabiyah, and the first thing to do with that range is to stop using the average. No property is available at the city mean; every property is available in one of these areas, and the step between two adjacent rows is the comparison a buyer can act on. The table mixes waterfront, mixed-use and residential areas, and a price per square metre only transfers between areas of the same type, so rows should be compared within a type before across it. 3 of the 3 areas are freehold, which for a foreign buyer decides which rows are even available: a leasehold row at an attractive price is not a cheaper version of a freehold one. Yields move against prices down the table, as they do in most urban markets, so the cheapest rows show the best gross return and the trade being made there is tenant depth and resale liquidity. Each figure carries the date it was collected, and the sources behind it are named on the area page it links to.

Dammam / Al Khobar: frequently asked questions

What is the average property price in Dammam / Al Khobar?

Across the neighbourhoods we track, property in Dammam / Al Khobar averages about SAR 4 700 (~€1 175) per square metre in 2026, which puts a 90 square metre apartment near SAR 423 000 (~€105 750). The spread between the cheapest and the most expensive district is wide, so the city average is a starting point rather than a budget.

Which areas of Dammam / Al Khobar offer the best rental yield?

The table above ranks every district by gross yield, and the pattern is consistent across Gulf cities: mid-priced residential areas outperform prime waterfront districts, because rents there rise roughly in line with the market while purchase prices carry a premium for capital growth. Expect one to two percentage points of difference between the two ends of the ranking.

Is it a good time to buy in Dammam / Al Khobar?

Prices in Dammam / Al Khobar have moved by 4.0% over the last twelve months. Timing a Gulf market on a single year is unreliable: handover waves and off-plan launches distort short-run averages. The more useful questions are how long you intend to hold, and whether the rent covers the service charges and financing in the meantime.

How much rent do properties in Dammam / Al Khobar achieve?

Asking rents average around SAR 350 (~€88) per square metre per year across the districts we cover, which is roughly SAR 2 625 (~€656) a month for a 90 square metre apartment. Furnished units and short-term lets command more, at the cost of higher turnover and management time.

What costs come on top of the purchase price in Dammam / Al Khobar?

Budget five to seven per cent of the price for transaction costs: land department or registration fees, agency commission of about two per cent, trustee and conveyancing charges, and mortgage arrangement fees where financing is used. Annual service charges then apply per square metre, and they vary enormously between an older tower and a recent development with extensive amenities.