Updated
Riyadh Property Prices
Estimated real estate prices per square metre in Riyadh, Saudi Arabia
Apartment prices in Riyadh average SAR 7,600 per square metre across the 7 areas covered here, up 8.0 per cent over the year, with annual rent averaging SAR 490 per square metre. That city average conceals more than it shows: Al Yasmin sits at the bottom of the range and KAFD (King Abdullah Financial District) at the top, a spread of roughly 2.1 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 5.0 to 7.0 per cent, and they move inversely to price: the cheapest areas yield most, because rents compress less than capital values. 7 of the 7 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.
Riyadh Property Price Trend
Estimated average property price per square metre trend for Riyadh.
Riyadh 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 Riyadh
Estimated prices per square metre for all tracked areas in Riyadh, sorted by buy price. Click on any area for detailed pricing, trend charts, and neighbourhood information.
KAFD (King Abdullah Financial District)
FreeholdOlaya
FreeholdHittin
FreeholdAl Nakheel
FreeholdAl Malqa
FreeholdAl Wurud
FreeholdAl Yasmin
FreeholdRiyadh Areas Comparison
Side-by-side comparison of all tracked areas in Riyadh.
| Area | Price/sqm (Buy) | Price/sqm (Rent/yr) | Gross Yield | YoY Change |
|---|---|---|---|---|
| KAFD (King Abdullah Financial District) | SAR 13 500 (~€3 375) | SAR 675 (~€169) | 5.0% | 13.0% |
| Olaya | SAR 9 700 (~€2 425) | SAR 535 (~€134) | 5.5% | 8.0% |
| Hittin | SAR 9 200 (~€2 300) | SAR 506 (~€127) | 5.5% | 8.0% |
| Al Nakheel | SAR 8 500 (~€2 125) | SAR 510 (~€128) | 6.0% | 6.0% |
| Al Malqa | SAR 8 000 (~€2 000) | SAR 480 (~€120) | 6.0% | 7.0% |
| Al Wurud | SAR 6 800 (~€1 700) | SAR 476 (~€119) | 7.0% | 5.0% |
| Al Yasmin | SAR 6 400 (~€1 600) | SAR 416 (~€104) | 6.5% | 7.0% |
All prices are estimates based on published data as of June 2026. Read full disclaimer.
About Riyadh Real Estate
Riyadh, Saudi Arabia's capital, is experiencing the most significant property market transformation in the GCC. The government's mandate for multinational companies to establish regional headquarters in the city, combined with ambitious population growth targets (from ~7.5 million to 15-20 million by 2030), is driving unprecedented demand for both residential and commercial property.
The city's real estate market spans from established premium districts like Al Olaya, Hittin, and Al Malqa to rapidly developing areas in the north and west where large-scale residential communities are being built. Vision 2030 mega-projects, including Diriyah Gate and King Salman Park, are creating new premium residential areas.
Price data for Riyadh is less transparent than for Dubai, as Saudi Arabia's transaction registry is not as publicly accessible. Our estimates are based on published reports, listing data, and industry sources, and carry a wider margin of uncertainty than our UAE figures.
Related Pages
Sources
Price estimates for Riyadh 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 Riyadh table
The figures above run from 13,500 per square metre in KAFD (King Abdullah Financial District) down to 6,400 in Al Yasmin, 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 commercial, 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. 7 of the 7 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.