Saudi Real Estate: 1,108 Eid Week Deals Worth 683M Riyals, Jeddah Tops Scene

Normally, holiday periods are associated with commercial stagnation and the postponement of major financial decisions until the return of official working hours. However, it seems the Saudi real estate market has a completely different opinion.

In a phenomenon reflecting the depth and vitality of the market, the screens of the Saudi Real Estate Bourse did not stop recording deals and updating numbers even at the peak of the Eid al-Fitr holidays. For the smart investor, a market that never sleeps is a market full of opportunities, and this exceptional movement carries deep implications regarding the trajectory of real estate investment in Saudi Arabia in the coming period. In this comprehensive analysis by the "Skyline Holding" expert team, we dive deep into these numbers to read between the lines, and draw a clear map of the real estate liquidity path in the Kingdom.

The Language of Numbers: 683 Million Riyals Change Concepts of Seasonal Stagnation

In a pleasant surprise for observers and analysts, official data revealed that the week coinciding with the Eid al-Fitr holidays witnessed the execution of 1,108 real estate deals across the Kingdom. These were not marginal deals; their total value exceeded 683 million Saudi Riyals, with an average selling price estimated at about 180 Riyals per square meter.

Some may wonder: Why does the average price per square meter (180 Riyals) seem low compared to what we see in major cities? The analytical answer lies in the nature of the vast Saudi real estate market; this number is a general average that includes the trading of massive areas of raw and agricultural lands outside urban zones at low prices, dragging the Kingdom's overall average down. Meanwhile, major cities shine with double the average prices, reflecting their actual urban and investment value.

This momentum in real estate transactions during the holiday confirms the success of the digital infrastructure in the Kingdom. The investor no longer needs to wait for government departments to open their doors; instead, buying and selling decisions are made and executed entirely digitally, enhancing the concept of successful and flexible real estate investment.

Jeddah and Riyadh.. A Battle Between Massive Liquidity and Highest Price per Meter

When we zoom in with an analytical lens on the major cities, we find ourselves before a competitive scene reflecting the diversity of opportunities in Saudi real estate.

Jeddah: The Bride of the Red Sea Captures the Largest Share of Liquidity

Jeddah topped the real estate transactions scene in terms of total value, successfully capturing liquidity of nearly 216 million Saudi Riyals through the execution of 123 real estate deals. The average price per square meter in these deals reached 2,388 Riyals.

Real estate prices in Jeddah reflect the continuing attractiveness of this coastal city as a first-class commercial and tourist hub. Interestingly, fully-serviced residential neighborhoods were the preferred destination for buyers. Data revealed that Al-Marwah and Al-Rayyan neighborhoods in Jeddah topped the list of most traded neighborhoods with 10 deals each. This focus on specific neighborhoods sends a strong signal to investors that end-user demand (for housing or guaranteed leasing) still outweighs speculative demand in these areas.

Riyadh: The Capital Records the Highest Average Price per Meter

On the other hand, Riyadh real estate did not relinquish its lead in terms of the number of deals and the highest valuation per square meter. The capital witnessed the execution of 88 real estate deals with a total value of nearly 115 million Riyals. More importantly, the average price per square meter soared to reach 3,293 Riyals, the highest price among the Kingdom's cities during that period.

This rise in the average price per square meter in Riyadh reflects the intense focus on premium real estate and strategic locations tied to major Vision 2030 projects. Investors here are paying a premium for the capital's expected future growth.

For a deeper understanding of price trends in the capital, we advise you to review our detailed report on Riyadh residential real estate price growth forecasts for 2026, which analyzes future price growth expectations.

Unexpected Surprises: What Happened in Dammam, Arar, and the Holy Cities?

Real estate investment in Saudi Arabia is not limited to Riyadh and Jeddah, but extends to include golden opportunities in other regions that proved their worth in the Eid figures:

• Holy Cities: Makkah Al-Mukarramah maintained its stability by executing 38 deals with a value approaching 29 million Riyals (an average of 2,035 Riyals per meter), while Al-Madinah Al-Munawwarah witnessed noticeable activity, executing 62 deals worth about 31 million Riyals (an average of 1,543 Riyals per meter). This activity reflects the continuous flow of investments directed towards the hospitality and seasonal housing sector.
• Eastern Province: Dammam recorded 37 deals worth 42 million Riyals, with an average price of 1,089 Riyals per meter. The biggest surprise was Al-Shula neighborhood in Dammam topping the list of the most traded neighborhoods across the entire Kingdom, recording 14 real estate deals in a single week! This indicator points to real urban expansion and strong demand in the western and southwestern bounds of Dammam.
• North and South: The peripheries were not absent from the scene, as the city of Abha recorded 22 deals with a value approaching 14 million Riyals (an average of 1,880 Riyals per meter), while Ghirnata neighborhood in Arar city surprised everyone by taking second place nationally in terms of the number of deals with 11 transactions.

3 Important Lessons for Those Interested in Real Estate Investment in Saudi Arabia

Based on the analysis of the real estate market and the previous digital data, we at Skyline Holding extract three main strategic lessons:

1. Digitization eliminates the concept of the "missed opportunity": The Saudi Real Estate Bourse has radically changed the rules of the game. The ability to complete deals worth hundreds of millions during an official holiday means that liquidity now moves with unprecedented freedom and speed. As an investor, your decisions must be based on real-time data and ready to be executed at any time.

2. Reading market fluctuations smartly: Many monitor market indicators looking for the right moment to enter. If you are wondering whether the market is going through a correction phase, you can review our previous analysis on this topic to understand how periods of price calm can be the golden entry point for building a strong real estate portfolio.

3. Expansion of the buyer segment: With continuous regulatory and legal updates, Saudi real estate becomes more attractive day by day, not only for citizens but for residents and international investors. To learn more about this regulatory expansion, read our comprehensive guide to the steps and conditions for foreign real estate ownership in Saudi Arabia, which explains the ownership mechanisms and new conditions.

How Does Skyline Holding Help You Make the Right Decision?

Amidst these accelerating numbers, the investor or buyer may find themselves confused. Do they direct their liquidity towards active Jeddah neighborhoods like Al-Marwah and Al-Rayyan? Or do they target future returns in Riyadh despite the high price per meter? Or perhaps seize emerging opportunities in Dammam like Al-Shula neighborhood?

Here, the role of Skyline Holding stands out. We do not just collect numbers; we transform them into reliable real estate consultations based on an accurate market analysis. Our services are designed for Arab investors and serious owners. We begin by understanding your financial goals, then on your behalf, we select the most suitable property, manage negotiations, and smoothly complete ownership procedures, all the way to property management and providing periodic reports that guarantee your peace of mind and rewarding returns, far from exaggerations and hype.

Conclusion

Saudi real estate recording 1,108 deals worth 683 million Riyals during the Eid week is not just passing news, but a clear testament of confidence in the robustness of the Saudi economy and the attractiveness of the real estate sector. The diversity of deals from the far north in Arar to Jeddah, Riyadh, and Dammam proves that opportunities exist in every corner for those who know how to read the indicators.

If you are thinking of capitalizing on this momentum and entering the market with calculated steps, the Skyline Holding team is always ready to provide support and reliable consultation to ensure the success of your next investment. Contact us today to put the essence of our expertise in the Saudi market in your hands.