Saudi real estate prices rise 0.4% in Q1 as residential prices increase 

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Updated 28 April 2022
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Saudi real estate prices rise 0.4% in Q1 as residential prices increase 

RIYADH: Saudi real estate prices rose 0.4 percent during the first quarter of 2022 when compared to the corresponding period a year earlier, according to the General Authority for Statistics, also known as GASTAT.

The rise in real estate prices is mainly attributed to the increase in residential prices by 1.5 percent as opposed to the same period last year.

This rise in residential real estate prices, was mainly due to an increase in residential land plot prices of 1.8 percent when compared to the corresponding period in 2021.

Due to the significant importance of the residential land plot prices to the general index, the rise in prices contributed to the rise in the general index as well.

Prices associated with villas fell by 7.4 percent, those of apartments fell by 3.4 percent, and houses were noted with a fall of 1.2 percent. 

In addition to this, commercial real estate prices were down 1.7 percent while agriculture real estate prices slipped 0.5 percent when compared to the first quarter of 2021. 

When compared to the fourth quarter of 2021, the general real estate index has increased by 0.5 percent, driven by a rise in residential real estate prices of 0.9 percent.


Closing Bell: Saudi main index closes in red at 11,183

Updated 16 February 2026
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Closing Bell: Saudi main index closes in red at 11,183

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 44.79 points, or 0.4 percent, to close at 11,183.85.

The total trading turnover of the benchmark index was SR4.05 billion ($1.08 billion), as 69 of the listed stocks advanced, while 191 retreated.

The MSCI Tadawul Index decreased, down 6.63 points or 0.44 percent, to close at 1,504.73.

The Kingdom’s parallel market Nomu lost 328.20 points, or 1.36 percent, to close at 23,764.92. This comes as 22 of the listed stocks advanced, while 49 retreated.

The best-performing stock was Maharah Human Resources Co., with its share price surging by 7.26 percent to SR6.50.

Other top performers included Arabian Cement Co., which saw its share price rise by 6.27 percent to SR22.71, and Saudi Research and Media Group, which saw a 4.3 percent increase to SR104.30.

On the downside, the worst performer of the day was Arabian Internet and Communications Services Co., whose share price fell by 8.01 percent to SR207.80.

Jahez International Co. for Information System Technology and Al-Rajhi Co. for Cooperative Insurance also saw declines, with their shares dropping by 5.61 percent and 4.46 percent to SR12.79 and SR75, respectively.

On the announcement front, Etihad Etisalat Co. announced its financial results for 2025 with a 7.9 percent year-on-year growth in its revenues, to reach SR19.6 billion.

In a Tadawul statement, Mobily said that this growth is attributed to “the expansion of all revenue streams, with a healthy growth in the overall subscriber base.”

Mobily delivered an 11.6 percent increase in net profit, reaching SR3.4 billion in 2025 compared to SR3.1 billion in 2024.

The company’s share price reached SR67.85, marking a 0.37 percent increase on the main market.