Saudi Arabia’s real estate index rises 0.5% in Q3 2021

Saudi Real Estate Price Index

Period

Price Index (Points)

YoY variation (%)

Q1 2014

98.2

--

Q2

99.3

--

Q3

101.0

--

Q4

101.6

1.6 %

Q1 2015

99.2

1.0 %

Q2

98.1

(1.2%)

Q3

96.4

(4.6%)

Q4

95.8

(5.7%)

Q1 2016

94.8

(4.4%)

Q2

92.9

(5.3%)

Q3

90.7

(5.9%)

Q4

87.5

(8.7%)

Q1 2017

85.5

(9.8%)

Q2

84.9

(8.6%)

Q3

84.9

(6.4%)

Q4

84.6

(3.3%)

Q1 2018

84.2

(1.5%)

Q2

83.6

(1.5%)

Q3

82.3

(3.1%)

Q4

80.4

(5.0%)

Q1 2019

80.1

(4.8%)

Q2

80.4

(3.8%)

Q3

80.1

(2.7%)

Q4

80.8

0.5%

Q1 2020

81.1

1.2 %

Q2

81.0

0.7 %

Q3

80.5

0.5%

Q4

80.6

(0.2%)

Q1 2021

81.3

0.2%

Q2

81.3

0.4%

Q3

80.9

0.5%

Change in Saudi Real Estate Price Index Main Sectors (Q3 2020/2021)

Sector

Variation (%)

Main Items

Item

Variation (%)

Residential

+1.1%

Plot of land

+1.3%

Building

(0.3%)

Villa

(5.0%)

Apartment

(2.8%)

House

(1.4%)

Commercial

(0.7%)

Plot of land

(0.7%)

Building

--

Showroom/shop

+0.1%

Commercial center

--

Agricultural

(0.3%)

Agricultural land

(0.3%)

Relative Importance of Sectors and Items

Sectors and items

Relative importance

General index

100.00

Residential

65.37

Plot of land

62.16

Building

0.03

Villa

0.40

Apartment

2.58

House

0.21

Commercial

31.02

Plot of land

30.87

Building

0.003

Showroom/shop

0.08

Commercial center

0.07

Agricultural

3.61

Agricultural land

3.61