Housing Index in Saudi Arabia increased to 104.90 points in the first quarter of 2025 from 104.20 points in the fourth quarter of 2024. This dataset provides - Saudi Arabia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

House Price Index YoY in Saudi Arabia increased to 4.30 percent in the first quarter of 2025 from 3.60 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Saudi Arabia House Price Index YoY.

Saudi Arabia Real Estate Price Index: 2014=100: Riyadh: Commercial data was reported at 74.420 2014=100 in Mar 2019. This records an increase from the previous number of 64.700 2014=100 for Dec 2018. Saudi Arabia Real Estate Price Index: 2014=100: Riyadh: Commercial data is updated quarterly, averaging 74.500 2014=100 from Mar 2015 (Median) to Mar 2019, with 17 observations. The data reached an all-time high of 95.100 2014=100 in Mar 2015 and a record low of 64.700 2014=100 in Dec 2018. Saudi Arabia Real Estate Price Index: 2014=100: Riyadh: Commercial data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.I019: Real Estate Price Index: 2014=100.

Real Estate Market in Saudi Arabia is Segmented by Residential Estate (Apartments, Villas) and Commercial Real Estate (Offices, Retail, Hospitality, Others). The Report Offers Market Size and Forecasts for the Real Estate Market in Saudi Arabia in Value (USD) for the Above Segments.

Saudi Arabia Real Estate Price Index: 2014=100: Residential data was reported at 82.670 2014=100 in Dec 2018. This records a decrease from the previous number of 84.883 2014=100 for Sep 2018. Saudi Arabia Real Estate Price Index: 2014=100: Residential data is updated quarterly, averaging 94.250 2014=100 from Mar 2014 (Median) to Dec 2018, with 20 observations. The data reached an all-time high of 101.800 2014=100 in Dec 2014 and a record low of 82.670 2014=100 in Dec 2018. Saudi Arabia Real Estate Price Index: 2014=100: Residential data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.I019: Real Estate Price Index: 2014=100.

In the first quarter of 2021, the real estate price index in Saudi Arabia for residential property increased by *** percent compared to *** year prior. Due to the global COVID-19 pandemic, the real estate price index for commercial property decreased by *** percent.

Problem Statment

Recently, real estate prices in the Kingdom of Saudi Arabia have witnessed a rise, especially in villa real estate, and because housing is one of the most important living factors, this file helps to predict prices according to each region in Saudi Arabia,and takes into account the factors affecting the increase in the villa price, such as the city, the neighborhood, and other features within each villa.

Content

the "Villa prices in Saudi Arabia" data contain 11 features for each villa that help to predict villa price

• train_data.csv is the training dataset
• test_data.csv is the testing dataset

Data Description

Acknowledgements

• This data has been collected from property finder website.
• This data has been collected for educational purposes and not for any other use.

Inspiration

you can use this data to predict villas price based on affecting features .

In the first quarter of 2021, the general real estate price index in Saudi Arabia increased by *** percent compared to a year prior. Due to the global COVID-19 pandemic, the general real estate price index in Saudi Arabia for decreased by *** percent during the last quarter of 2020.

Saudi Arabia Real Estate Price Index: 2023=100 data was reported at 104.930 2023=100 in Mar 2025. This records an increase from the previous number of 104.178 2023=100 for Dec 2024. Saudi Arabia Real Estate Price Index: 2023=100 data is updated quarterly, averaging 99.222 2023=100 from Mar 2021 (Median) to Mar 2025, with 17 observations. The data reached an all-time high of 104.930 2023=100 in Mar 2025 and a record low of 81.406 2023=100 in Mar 2021. Saudi Arabia Real Estate Price Index: 2023=100 data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.EB001: Real Estate Price Index: 2023=100.

The Saudi Arabian real estate market, valued at $69.51 billion in 2025, is experiencing robust growth, projected to expand at a compound annual growth rate (CAGR) of 8% from 2025 to 2033. This expansion is fueled by several key drivers. Government initiatives like Vision 2030, aimed at diversifying the economy and improving infrastructure, are significantly boosting investment in both residential and commercial properties. A burgeoning population and rising urbanization are increasing demand, particularly for apartments and villas in residential sectors and offices, retail spaces, and hospitality venues in commercial sectors. Furthermore, increased foreign investment and a favorable regulatory environment are attracting both domestic and international players, contributing to market dynamism. However, challenges remain. While material costs and fluctuating interest rates can influence market stability, the overall growth trajectory remains positive, driven by the long-term vision and strategic economic diversification plans of the Saudi Arabian government. The market segmentation reveals a strong presence in both residential and commercial sectors. Residential real estate, encompassing apartments and villas, constitutes a significant portion of the market, driven by the increasing population and government initiatives focused on affordable housing solutions. Commercial real estate, including offices, retail spaces, hospitality, and other sectors, is witnessing growth due to expansion in various industries and increased tourism. Key players like Emaar, Jabal Omar, and Sedco Development are actively shaping the market landscape, alongside international firms such as JLL and Century 21. The competitive landscape is dynamic, with both established players and new entrants vying for market share, further fueling innovation and competition in the sector. The forecast period suggests continued growth, albeit with potential fluctuations influenced by global economic conditions and local regulatory adjustments. Recent developments include: May 2023, The National Security Services Company (SAFE), which leads the transformation of the local security services sector, has signed an acquisition agreement to acquire ABANA Enterprises Group Company's assets connected to the transit of cash and valuable goods. ABANA Enterprises Group Company is at the forefront of providing such services in the Kingdom. The acquisition of ABANA Enterprises Group Company's assets connected to the transit of cash and valuable goods will help SAFE achieve its primary goal of providing the most advanced security solutions and services for customers., July 2022, SEDCO Capital REIT Fund's board has approved acquiring two income-generating real estate assets worth SR700 million (USD 187 million), located in Riyadh and Jeddah. This acquisition will be covered by new units and by using banking facilities in accordance with the Fund's terms and conditions, according to a bourse filing. The Fund expects that this acquisition will positively impact its overall performance, as it seeks to add value to its portfolio, as well as its unitholders.. Key drivers for this market are: 4., Growth in Commercial Activities and Increased Competition4.; Increasing Demand for Affordable Housing Units. Potential restraints include: 4., Growth in Commercial Activities and Increased Competition4.; Increasing Demand for Affordable Housing Units. Notable trends are: The Residential Sector Sustains Country's Real Estate Market.

In Q3 2024, the land property index in Saudi Arabia reached around 83.94, jumpring from 83.01 in the previous quarter. Sustained government initiatives have been playing a key role in driving real estate sector’s performance.

This dataset contains Real Estate Indices in The Kingdom (2014=100 Base Year). Data from General Authority for Statistics. Follow datasource.kapsarc.org for timely data to advance energy economics research.

Saudi Arabia Real Estate Price Index: 2023=100: Commercial data was reported at 107.200 2023=100 in Mar 2025. This records a decrease from the previous number of 109.539 2023=100 for Dec 2024. Saudi Arabia Real Estate Price Index: 2023=100: Commercial data is updated quarterly, averaging 96.522 2023=100 from Mar 2021 (Median) to Mar 2025, with 17 observations. The data reached an all-time high of 109.539 2023=100 in Dec 2024 and a record low of 80.914 2023=100 in Jun 2021. Saudi Arabia Real Estate Price Index: 2023=100: Commercial data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.EB001: Real Estate Price Index: 2023=100.

Saudi Arabia Consumer Price Index (CPI): HW: Rentals for Housing data was reported at 89.940 2018=100 in Feb 2020. This records an increase from the previous number of 89.120 2018=100 for Jan 2020. Saudi Arabia Consumer Price Index (CPI): HW: Rentals for Housing data is updated monthly, averaging 90.920 2018=100 from Jan 2018 (Median) to Feb 2020, with 26 observations. The data reached an all-time high of 103.540 2018=100 in Jan 2018 and a record low of 89.060 2018=100 in Jun 2019. Saudi Arabia Consumer Price Index (CPI): HW: Rentals for Housing data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.I001: Consumer Price Index: by COICOP: 2018=100.

Residential Real Estate Market Outlook

According to our latest research for 2024, the global residential real estate market size is valued at USD 9.3 trillion, with a robust compound annual growth rate (CAGR) of 5.7% expected through the forecast period. By 2033, the market is projected to reach an impressive USD 15.3 trillion, driven by factors such as urbanization, rising disposable incomes, and shifting consumer preferences for modern living spaces. This strong growth trajectory is underpinned by ongoing demographic changes, technological advancements in property management, and evolving investment trends, as highlighted in our comprehensive 2025 industry analysis.

A primary growth factor for the residential real estate market is the accelerating pace of urbanization worldwide. As more individuals and families migrate to urban centers in search of better employment opportunities, education, and improved quality of life, the demand for residential properties—particularly apartments and condominiums—has surged. This migration is especially pronounced in emerging economies within Asia Pacific and Africa, where urban populations are expanding at unprecedented rates. Governments and private developers are responding by investing heavily in infrastructure and large-scale housing projects, further stimulating market growth. Additionally, the proliferation of smart city initiatives and integrated township developments is transforming the residential landscape, making it more attractive for both end-users and investors.

Another significant driver is the evolution of consumer preferences and lifestyle trends. Modern buyers and renters increasingly seek properties that offer not just shelter but also amenities, security, and community-centric environments. The shift toward remote work has also redefined what residents prioritize, with home offices, green spaces, and high-speed connectivity becoming essential features. This has led to a rise in demand for villas, townhouses, and luxury condominiums, particularly in suburban and peri-urban locations. Furthermore, the growth of the rental market, fueled by changing attitudes toward homeownership among younger generations, is reshaping the market dynamics. Flexible leasing options, co-living spaces, and technology-enabled property management solutions are becoming more prevalent, catering to the evolving needs of millennials and Generation Z.

Financial factors and supportive government policies play a pivotal role in the expansion of the residential real estate sector. Low interest rates, favorable mortgage terms, and tax incentives for first-time homebuyers have made property acquisition more accessible to a wider demographic. In several countries, governments are also implementing affordable housing schemes to bridge the gap between demand and supply, particularly in high-density urban areas. These initiatives not only stimulate construction activity but also attract institutional investors looking for stable long-term returns. The influx of foreign direct investment (FDI) into residential projects, especially in developing regions, is another catalyst driving market growth. Collectively, these factors create a conducive environment for sustained expansion in the residential real estate market.

From a regional perspective, Asia Pacific continues to dominate the residential real estate market, accounting for the largest share in 2024, followed by North America and Europe. Rapid population growth, increasing urbanization, and rising middle-class incomes in countries such as China, India, and Southeast Asian nations are propelling the market forward. North America remains a key player, supported by a strong economy, high homeownership rates, and technological innovation in property transactions. Meanwhile, Europe is witnessing steady growth driven by urban regeneration projects and immigration trends. The Middle East & Africa and Latin America are also emerging as promising markets, thanks to infrastructure investments and favorable demographic profiles. These regional dynamics highlight the global nature of the residential real estate sector and its resilience in the face of economic and geopolitical uncertainties.

The Saudi Arabian condominiums and apartments market is experiencing robust growth, fueled by a burgeoning population, rising urbanization, and government initiatives promoting affordable housing. The market, estimated at XX million in 2025, is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 7% through 2033. Key drivers include the Vision 2030 plan's focus on infrastructure development, increasing tourism, and a growing middle class seeking modern housing options. This demand is particularly concentrated in major metropolitan areas such as Riyadh, Jeddah, and Dammam, which account for a significant portion of the market share. However, other cities are also witnessing considerable growth as infrastructure improves and economic activity expands across the kingdom. Leading developers like Al Ra'idah Investment Company, Kingdom Holding Company, and Dar AI Arkan are playing a crucial role in shaping the market, contributing to the construction of high-quality residential units and influencing market trends. The market's segmentation, largely based on geographical location, reflects the varying levels of development and demand across different regions within Saudi Arabia. While the high CAGR indicates positive market sentiment, potential restraints could include fluctuations in oil prices and global economic uncertainty, which can impact investment and consumer confidence. Nevertheless, the long-term outlook remains optimistic, with continued growth anticipated due to the government's commitment to Vision 2030's objectives and the ongoing expansion of the country's economy. The Saudi Arabian real estate sector demonstrates a strong correlation between government policy and market performance. Continued investment in infrastructure, coupled with supportive government regulations facilitating foreign investment and affordable housing initiatives, are expected to further stimulate growth. The sustained growth trajectory is anticipated to be driven by increasing demand from both domestic and expatriate populations, driven by employment opportunities and a rising standard of living. The competitive landscape features a blend of established players and emerging developers, fostering innovation and providing a diverse range of housing options to cater to various market segments. Continuous monitoring of economic conditions, along with astute analysis of governmental policies, will be vital for accurately forecasting future market performance. The market segmentation by city highlights geographic variations in demand, allowing developers to effectively target specific market niches. This focused approach can be crucial for optimizing returns on investment and effectively contributing to the national housing development goals. Key drivers for this market are: 4., Rapid Urabanization4.; Increasing government investments. Potential restraints include: 4., Increasing cost of raw materials affecting the construction industry4.; Slowdown in economic growth affecting the market. Notable trends are: Increasing Demand in Saudi Arabia's Apartment Rental Market.

In the one year period till the first quarter of 2021, the agricultural real estate price index in Saudi Arabia decreased by *** percent. In the same period, the general real estate price index increased by *** percent in Saudi Arabia.

Saudi Arabia: Housing and utilities price index, world average = 100: The latest value from 2021 is 47.33 index points, an increase from 41.596 index points in 2017. In comparison, the world average is 77.639 index points, based on data from 165 countries. Historically, the average for Saudi Arabia from 2017 to 2021 is 44.463 index points. The minimum value, 41.596 index points, was reached in 2017 while the maximum of 47.33 index points was recorded in 2021.

The Saudi Arabian residential real estate market is experiencing robust growth, projected to reach a market size of $187.20 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 8.77% from 2025 to 2033. This expansion is driven by several key factors. Government initiatives aimed at increasing homeownership, such as affordable housing programs and supportive lending policies, are significantly boosting demand. Furthermore, a burgeoning population, particularly amongst younger demographics, coupled with rising disposable incomes and urbanization trends, fuels the need for more housing units. The market is segmented by property type (condominiums and apartments, villas and landed houses) and key cities (Riyadh, Jeddah, Dammam, and the rest of Saudi Arabia), reflecting varying demand patterns and price points across different regions. Strong investor confidence, fueled by Vision 2030's infrastructure development plans and diversification strategies, further contributes to the market's positive outlook. While potential challenges like fluctuating global economic conditions and material costs exist, the overall outlook remains optimistic, indicating sustained growth in the coming years. The market's dynamism is shaped by evolving consumer preferences. A notable trend is the increasing preference for modern, sustainable, and technologically advanced homes. This fuels demand for smart home features and energy-efficient construction techniques. Competition amongst major players like Dar Al Arkan, Emaar, and others is driving innovation and improving overall quality, further benefiting the market. The government's focus on developing sustainable communities is also influencing design and construction standards. While potential constraints such as land availability in prime urban areas and regulatory changes could impact growth, the ongoing economic expansion and investment in infrastructure suggest a relatively positive trajectory for the Saudi Arabian residential real estate market through 2033. Comprehensive Coverage: Saudi Arabia Residential Real Estate Market Report (2019-2033) This in-depth report provides a comprehensive analysis of the Saudi Arabia residential real estate market, covering the period from 2019 to 2033. It leverages historical data (2019-2024), analyzes the current market (Base Year: 2025, Estimated Year: 2025), and forecasts future trends (2025-2033). The report is designed to provide valuable insights for investors, developers, policymakers, and anyone interested in understanding this dynamic market. This report will help you navigate the complexities of the Saudi Arabian residential real estate market, encompassing key cities like Riyadh, Jeddah, and Dammam, and focusing on segments such as condominiums, apartments, villas, and landed houses. With a focus on high-growth areas and emerging trends, this report will be an invaluable resource. Recent developments include: September 2023: Emaar Properties has the potential to develop residential communities in the Kingdom of Saudi Arabia. Emaar could begin construction of a 4,000-unit housing project., June 2023: The first phase of NEOM’s residential communities expansion is one of the world’s largest international PPPs for accommodation, with the total value of the social infrastructure project amounting to more than SAR 21 billion (USD 5.60 billion). NEOM announced that it had finalized contracts with investors to build the residential communities, which will accommodate the growing workforce of the region. Leading Saudi Arabian companies such as Alfanar Global Development (AGL), AARMAL real estate investment company (AREIC), and NESMA Holding Co. (NSC) participated in the first phase, as well as Tamasuk, which was involved through two separate partners (Amlal Al Arab i Alabi Group Company (AALG) and SAMCO).. Key drivers for this market are: 4., Growth in Commercial Activities and Increased Competition4.; Increasing Demand for Affordable Housing Units. Potential restraints include: 4., Lack of Housing Spaces and Mortgage Regulation can Create Challenges. Notable trends are: The Real Estate Market in Saudi Arabia is On The Rise In Line With Vision 2030..

The Saudi Arabia Residential Real Estate Market size was valued at USD 69.8 Billion in 2024 and is anticipated to reach USD 98.4 Billion by 2032, growing at a CAGR of 4.7% from 2026 to 2032.

Key Market Drivers:

Sakani Program: The Sakani program has provided housing solutions and financing options to over 1.2 million families, facilitating access to affordable housing and stimulating market activity. Economic Diversification: The focus on diversifying the economy beyond oil is leading to increased investments in infrastructure projects, enhancing connectivity and boosting property values in residential areas. Increased GDP Contribution: The real estate sector's contribution to Saudi Arabia's GDP reached 5.9% in the fourth quarter of 2023, highlighting its importance as a driver of economic growth and stability in the residential market.