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Jeddah Property Prices
Estimated real estate prices per square metre in Jeddah, Saudi Arabia
Apartment prices in Jeddah average SAR 5,800 per square metre across the 5 areas covered here, up 5.0 per cent over the year, with annual rent averaging SAR 400 per square metre. That city average conceals more than it shows: Al Hamra (Jeddah) sits at the bottom of the range and Al Shati at the top, a spread of roughly 1.6 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 5.5 to 7.0 per cent, and they move inversely to price: the cheapest areas yield most, because rents compress less than capital values. 5 of the 5 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.
Jeddah Property Price Trend
Estimated average property price per square metre trend for Jeddah.
Jeddah Average Price per sqm (SAR)
Estimated averages across all tracked areas. Not an official index. Data as of June 2026.
Property Prices by Area in Jeddah
Estimated prices per square metre for all tracked areas in Jeddah, sorted by buy price. Click on any area for detailed pricing, trend charts, and neighbourhood information.
Al Shati
FreeholdAl Corniche (Jeddah)
FreeholdObhur
FreeholdAl Rawdah (Jeddah)
FreeholdAl Hamra (Jeddah)
FreeholdJeddah Areas Comparison
Side-by-side comparison of all tracked areas in Jeddah.
| Area | Price/sqm (Buy) | Price/sqm (Rent/yr) | Gross Yield | YoY Change |
|---|---|---|---|---|
| Al Shati | SAR 8 500 (~€2 125) | SAR 468 (~€117) | 5.5% | 6.0% |
| Al Corniche (Jeddah) | SAR 7 400 (~€1 850) | SAR 444 (~€111) | 6.0% | 6.0% |
| Obhur | SAR 6 300 (~€1 575) | SAR 378 (~€95) | 6.0% | 5.0% |
| Al Rawdah (Jeddah) | SAR 5 700 (~€1 425) | SAR 371 (~€93) | 6.5% | 4.0% |
| Al Hamra (Jeddah) | SAR 5 200 (~€1 300) | SAR 364 (~€91) | 7.0% | 4.0% |
All prices are estimates based on published data as of June 2026. Read full disclaimer.
About Jeddah Real Estate
Jeddah, Saudi Arabia's second-largest city and its commercial gateway on the Red Sea, has a distinctive property market shaped by its historical significance, coastal location, and role as the entry point for millions of Hajj and Umrah pilgrims. The city's real estate spans from historic Old Jeddah (a UNESCO World Heritage Site) to modern developments along the northern Corniche.
The property market in Jeddah has grown more gradually than Riyadh's in recent years, as the capital has received the lion's share of Vision 2030 investment. However, Jeddah offers a more established and mature residential market, with established neighbourhoods, waterfront living options, and proximity to the Red Sea coast. The ongoing Jeddah Tower development and other mega-projects signal ambitions for the city's future.
For investors, Jeddah offers the advantage of more moderate pricing than Riyadh's premium areas, with coastal lifestyle appeal and a more diverse economic base including tourism, trade, and manufacturing.
Related Pages
Sources
Price estimates for Jeddah 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 Jeddah table
The figures above run from 8,500 per square metre in Al Shati down to 5,200 in Al Hamra (Jeddah), 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 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. 5 of the 5 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.