Property Prices in Riyadh, Saudi Arabia

Index Info
Price to Income Ratio: 4.99
Mortgage as Percentage of Income: 40.79%
Loan Affordability Index: 2.45
Price to Rent Ratio - City Centre: 11.30
Price to Rent Ratio - Outside of Centre: 11.51
Gross Rental Yield (City Centre): 8.85%
Gross Rental Yield (Outside of Centre): 8.69%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 4,349.58 ﷼ 2,500.00-7,280.00
1 Bedroom Apartment Outside of City Centre 3,272.78 ﷼ 2,000.00-7,500.00
3 Bedroom Apartment in City Centre 8,103.37 ﷼ 4,500.00-25,000.00
3 Bedroom Apartment Outside of City Centre 4,244.00 ﷼ 2,500.00-7,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,012.30 ﷼ 743.22-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 667.35 ﷼ 464.51-1,114.83
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 9,066.22 ﷼
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.39 3.80-6.50

These data are based on 223 entries from 37 contributors over the past 18 months.
Last update: 17 April 2026

Sources and References
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2 Comments so far
abdullah binsaeed on Jul 03, 2025:
Average Cost of a Two-Bedroom Apartment in Riyadh (as of July 2025)
In the City Centre: ~1,199,000 SAR

Outside the City Centre: ~799,000 SAR

Assumed size: 120 m²

Price per m² (City Centre): 9,992 SAR

Price per m² (Outside Centre): 6,656 SAR

Average Monthly Salary (Net): 9,167 SAR

Mortgage Rate (20-year fixed): ~5.3%
ALharethy on Sep 19, 2022:
Please note that these prices are approximate, no more, and you can check with more than one source, such as searching through YouTube, people's experiences, and through hotel booking sites, housing prices. If you can save about $3,000 per month, you can cover the expenses of you and your wife only in a way that is close to luxury.