Property Prices in Jeddah: Complete Real Estate Market Guide for 2026
Property prices in Jeddah are an important consideration for homebuyers, investors, expatriates and families looking to purchase residential property in Saudi Arabia’s second-largest major city.
Jeddah’s real estate market is different from Riyadh. Its coastal location, established neighbourhoods, tourism potential, commercial activity and large residential developments all influence property values.
The latest market data also shows that Jeddah should not be viewed as one uniform property market. Prices can differ substantially between northern, central, western and southern districts, as well as between apartments, villas and newly developed communities.
Knight Frank reported that during Q1 2026, Jeddah apartment values increased by 2% year over year, despite weaker overall residential transaction activity across Saudi Arabia. (Knight Frank SA)
Earlier Knight Frank research for H1 2025 put the average Jeddah apartment price at SAR 4,324 per square metre, while the average villa price was approximately SAR 5,040 per square metre. These figures refer to different periods and should not be treated as current 2026 quotations. (Knight Frank SA)
Important: Property prices change frequently. Asking prices can differ from completed transaction prices, and individual properties can vary significantly from citywide averages. This article is for general educational purposes and should not be considered financial, investment, legal or property-buying advice.
Jeddah Property Prices at a Glance
| Property Type / Area | Reported Market Figure |
|---|---|
| Average Jeddah apartment price, H1 2025 | SAR 4,324/sqm |
| Average Jeddah villa price, H1 2025 | SAR 5,040/sqm |
| Central & western apartment average, H1 2025 | SAR 5,246/sqm |
| Northern Jeddah villa average, H1 2025 | SAR 6,150/sqm |
| Obhur Al Shamaliya villas, H1 2025 | SAR 5,800/sqm |
| Al Zahra apartments, H1 2025 | SAR 6,325/sqm |
| Jeddah apartment values, Q1 2026 | +2% YoY |
The H1 2025 figures are from Knight Frank’s Jeddah residential-market research, while the Q1 2026 apartment movement comes from its June 2026 Saudi residential-market update. (Knight Frank SA)
What Is the Average Property Price in Jeddah?
There is no single price that accurately represents every property in Jeddah.
Prices depend on:
- District
- Property type
- Property size
- Building age
- Construction quality
- Distance from the coast
- Road accessibility
- Nearby amenities
- Developer
- Community facilities
- Parking
- Property condition
For a useful comparison, price per square metre is often more informative than simply looking at the total property price.
Knight Frank’s H1 2025 research reported an average Jeddah apartment price of SAR 4,324 per square metre and an average villa price of SAR 5,040 per square metre. (Knight Frank SA)
Jeddah Apartment Prices
Apartments represent a significant part of the residential market in Jeddah.
They can appeal to:
- First-time buyers
- Young professionals
- Small families
- Investors
- Residents looking for lower entry costs
According to Knight Frank, the average Jeddah apartment price reached SAR 4,324 per square metre in Q2 2025, representing a 2.7% annual increase at that time. (Knight Frank SA)
However, prices vary significantly between districts.
Apartment Prices in Northern Jeddah
Northern Jeddah has attracted substantial residential development and buyer interest.
Factors supporting demand include:
- New residential projects
- Modern communities
- Improved infrastructure
- Retail facilities
- Schools
- Healthcare
- Proximity to major roads
- Coastal access
New-project listings also show a wide range of apartment launch prices in North Jeddah, demonstrating how much prices can differ between projects and unit sizes. (Bayut)
Apartment Prices in Central and Western Jeddah
Knight Frank reported that apartment prices in central and western Jeddah increased by 6% over the previous 12 months in its H1 2025 analysis, reaching approximately SAR 5,246 per square metre. (Knight Frank SA)
These areas can appeal to buyers who prioritize established infrastructure and access to commercial and residential amenities.
Apartment Prices in Al Zahra
Al Zahra was one of the stronger-performing apartment areas identified in Knight Frank’s H1 2025 research.
The average price reached approximately SAR 6,325 per square metre, representing a 10% annual increase during the period measured. (Knight Frank SA)
Individual properties may be priced substantially differently depending on building quality, size and location.
Jeddah Villa Prices
Villas generally have higher total purchase prices than apartments because they often involve larger land and built-up areas.
According to Knight Frank, the average villa price in Jeddah reached approximately SAR 5,040 per square metre in H1 2025, representing a 3.2% annual increase. (Knight Frank SA)
The villa market is particularly diverse because detached homes can differ considerably in:
- Land size
- Built-up area
- Number of floors
- Number of bedrooms
- Private parking
- Garden space
- Construction age
- Finishing quality
Villa Prices in Northern Jeddah
Northern Jeddah has become one of the city’s important villa markets.
Knight Frank reported average northern-district villa prices of approximately SAR 6,150 per square metre in H1 2025, with prices increasing 5.4% over the previous year. (Knight Frank SA)
Obhur Al Shamaliya
Obhur Al Shamaliya was particularly notable, with villa prices reported at approximately SAR 5,800 per square metre, representing 9.2% annual growth in the period covered. (Knight Frank SA)
Its appeal is connected to Jeddah’s northern expansion and the area’s coastal and residential characteristics.
Property Prices in Southern Jeddah
Southern Jeddah can have significantly different pricing dynamics from northern districts.
Knight Frank reported that apartment prices in southern Jeddah declined by 5.6% to approximately SAR 3,707 per square metre in its H1 2025 analysis. The consultancy linked the change partly to demolition activity and a shift in demand toward northern parts of the city. (Knight Frank SA)
This demonstrates why buyers should avoid assuming that citywide averages represent every district.
Most Expensive Areas in Jeddah
Premium property prices are usually associated with factors such as:
- Coastal location
- Established neighbourhoods
- High-quality construction
- Large homes
- Modern developments
- Lifestyle amenities
- Accessibility
- Strong demand
Areas such as Al Zahra, northern Jeddah and selected coastal locations can command higher prices than other parts of the city.
However, the “most expensive area” can change depending on whether you are comparing apartments, villas, land or luxury waterfront properties.
Cheapest Areas to Buy Property in Jeddah
There is no permanent list of the cheapest neighbourhoods because property prices change with:
- New development
- Infrastructure
- Demand
- Redevelopment
- Property condition
- Land availability
- Transaction activity
Instead of searching only for the cheapest district, buyers should compare price per square metre, property condition, location and future development.
A low purchase price may not represent good value if the property requires extensive renovation or has weak rental demand.
How to Calculate Property Prices Per Square Metre in Jeddah
The calculation is straightforward:
Property Price ÷ Property Area = Price Per Square Metre
Example
Suppose an apartment is priced at:
SAR 800,000
And its area is:
160 sqm
The calculation is:
SAR 800,000 ÷ 160 = SAR 5,000 per sqm
You can then compare that figure with similar properties in the same district.
This is more useful than comparing total prices alone.
Why Do Property Prices Differ Across Jeddah?
Location
Location is one of the most important factors.
Properties close to major roads, commercial centres, schools and coastal areas can command different prices from properties farther away.
Property Size
A larger property will normally have a higher total price, even if its price per square metre is lower.
Building Age
New properties can attract buyers looking for modern designs and newer infrastructure.
Construction Quality
Finishing, materials, elevators, parking and building maintenance can all affect value.
Community Amenities
Master-planned communities can offer:
- Parks
- Retail
- Schools
- Healthcare
- Security
- Recreation
These features can influence demand.
Jeddah Real Estate Market in 2026
The Jeddah market entered 2026 with a mixture of price resilience and weaker transaction activity.
Knight Frank reported that residential transactions across Saudi Arabia fell sharply in Q1 2026, with Jeddah also experiencing weaker activity. At the same time, Jeddah apartment values increased 2% year over year. (Knight Frank SA)
This is an important distinction:
Prices and transaction volumes do not always move in the same direction.
A market can experience fewer transactions while prices remain relatively stable or continue increasing in selected segments.
Saudi Arabia’s Broader Real Estate Market in 2026
Official GASTAT data showed that Saudi Arabia’s overall Real Estate Price Index declined 1.6% year over year in Q1 2026.
Residential prices declined 3.6%, while commercial property prices increased 3.4%. (الهيئة العامة للإحصاء)
The national figures do not directly represent Jeddah, but they provide useful context for understanding the broader Saudi real estate environment.
GASTAT’s index is based on real-estate transaction data and is published quarterly. (الهيئة العامة للإحصاء)
Supply and New Developments in Jeddah
New residential supply is an important factor when evaluating future property prices.
Jeddah has attracted significant development activity, including master-planned residential communities.
Knight Frank highlighted projects such as:
- Al Jawharah
- Sadayam
- Al Sadan
as part of the National Housing Company’s development pipeline. (Knight Frank SA)
New supply can increase buyer choice and potentially improve affordability, although the effect varies by district and property segment.
New Apartment Projects in Jeddah
Current development listings show a wide range of launch prices.
For example, available project listings include apartments with launch prices ranging from several hundred thousand Saudi riyals to more than SAR 1 million, depending on location, size and project. (Bayut)
This illustrates why a single “average apartment price in Jeddah” can be misleading.
When comparing new projects, consider:
- Unit size
- Price per sqm
- Developer
- Handover date
- Payment plan
- Community facilities
- Location
- Expected maintenance costs
Is Jeddah Property a Good Investment?
There is no guaranteed answer.
Property investment should be evaluated using several factors.
Purchase Price
A property purchased at an attractive price may have greater potential than an expensive property with limited rental demand.
Rental Income
Calculate expected annual rent against the purchase price.
Vacancy
Consider the possibility that the property may remain vacant between tenants.
Maintenance
Older properties may require greater maintenance expenditure.
Financing Cost
If the property is financed, calculate the complete cost rather than focusing only on the monthly payment.
Future Supply
Large amounts of new housing can affect rents and resale values in specific areas.
How to Calculate Rental Yield in Jeddah
A basic gross rental-yield formula is:
Annual Rental Income ÷ Property Purchase Price × 100
Example
Purchase price:
SAR 900,000
Annual rent:
SAR 54,000
Gross rental yield:
6%
This is only an illustration.
Actual investment returns can be lower after:
- Maintenance
- Vacancies
- Property management
- Financing costs
- Insurance
- Other applicable expenses
Buying an Apartment vs Villa in Jeddah
Apartment
An apartment may be suitable for buyers who want:
- Lower entry price
- Lower maintenance responsibilities
- Central locations
- Easier rental management
- Smaller property size
Villa
A villa may be more appropriate for buyers seeking:
- Larger living space
- More privacy
- Private outdoor areas
- Family accommodation
- Greater land exposure
The right choice depends on the buyer’s budget and long-term plans.
Renting vs Buying Property in Jeddah
Renting may make sense if you:
- Expect to relocate
- Are uncertain about your long-term location
- Want flexibility
- Don’t want a large down payment
Buying may make more sense if you:
- Plan to remain in Jeddah for many years
- Have stable finances
- Can afford the upfront costs
- Understand financing and ownership obligations
Neither decision is automatically better for every household.
Property Financing in Jeddah
Buyers who require financing should compare the complete cost of home-finance products.
Important factors include:
- Down payment
- Financing amount
- Annual percentage rate
- Profit rate
- Financing term
- Monthly payment
- Total amount payable
- Fees
- Early settlement conditions
A lower monthly payment does not necessarily mean lower total cost.
Can Expats Buy Property in Jeddah?
Property ownership by non-Saudis is subject to Saudi Arabia’s applicable laws and regulations.
Saudi Arabia introduced a new framework governing non-Saudi property ownership in 2026, with designated geographic areas and conditions.
Therefore, expatriates and international buyers should verify the current eligibility requirements and permitted locations before entering into a transaction.
Don’t assume that every residential property advertised for sale in Jeddah is automatically available to every foreign buyer.
Factors That Could Affect Jeddah Property Prices
Several factors could influence the future direction of the market.
Population Growth
More residents can create additional housing demand.
Tourism
Jeddah’s position as a gateway to Makkah and its growing tourism and leisure sectors can support accommodation and residential demand.
New Infrastructure
Roads, public transport and community infrastructure can influence property attractiveness.
New Housing Supply
Additional housing can increase buyer choice.
Financing Conditions
Mortgage and home-finance costs affect affordability.
Government Housing Programmes
Housing initiatives can influence both demand and supply.
Will Property Prices in Jeddah Increase?
Nobody can reliably guarantee future property-price growth.
Current evidence suggests different segments are behaving differently.
For example, Knight Frank reported a 2% annual increase in Jeddah apartment values in Q1 2026, while the broader Saudi residential market faced weaker transaction activity. (Knight Frank SA)
Future prices will depend on:
Demand + Supply + Financing + Employment + Infrastructure + Government Policy + Consumer Affordability
Therefore, buyers should focus on property-level fundamentals instead of relying on a prediction that prices will definitely rise.
How to Find the Best Property Prices in Jeddah
A practical property-search strategy involves several steps.
Step 1: Choose Your Budget
Determine the maximum amount you can comfortably spend.
Step 2: Select the District
Compare several neighbourhoods instead of searching the entire city.
Step 3: Compare Price Per Square Metre
This makes properties of different sizes easier to compare.
Step 4: Check Comparable Properties
Look at several similar properties before making an offer.
Step 5: Investigate the Property
Check title information, construction quality and property condition.
Step 6: Calculate the Total Cost
Include financing and other applicable costs.
Step 7: Consider Future Development
Research planned infrastructure and residential projects around the property.
Property Buying Checklist for Jeddah
Before purchasing, consider checking:
- Property title
- Seller’s ownership
- Property location
- Building condition
- Property area
- Price per square metre
- Comparable transactions
- Maintenance costs
- Financing terms
- Applicable fees
- Community facilities
- Nearby infrastructure
- Future developments
- Eligibility to own the property
For a major purchase, professional legal and property advice can be appropriate.
Frequently Asked Questions About Property Prices in Jeddah
What is the average property price in Jeddah?
There is no single average for all property types. Knight Frank reported approximately SAR 4,324 per square metre for apartments and SAR 5,040 per square metre for villas in its H1 2025 Jeddah market analysis. (Knight Frank SA)
What is the average apartment price in Jeddah?
Knight Frank reported an average of approximately SAR 4,324 per square metre in Q2 2025. (Knight Frank SA)
What is the average villa price in Jeddah?
The reported H1 2025 average was approximately SAR 5,040 per square metre. (Knight Frank SA)
Are Jeddah property prices falling?
The answer depends on the property type and period being measured. Knight Frank reported that Jeddah apartment values increased 2% year over year in Q1 2026, while transaction activity weakened. (Knight Frank SA)
Which areas of Jeddah have expensive property?
Northern Jeddah and selected established or coastal areas can command higher prices. In H1 2025, Knight Frank reported northern villa prices averaging approximately SAR 6,150 per square metre. (Knight Frank SA)
Is property cheaper in South Jeddah?
Some southern segments have lower prices than northern areas. Knight Frank reported southern Jeddah apartment prices of approximately SAR 3,707 per square metre in its H1 2025 analysis. (Knight Frank SA)
What is the property price per square metre in Jeddah?
It depends on the district and property type. The H1 2025 citywide figures reported by Knight Frank were SAR 4,324 per square metre for apartments and SAR 5,040 per square metre for villas. (Knight Frank SA)
Is Jeddah a good place to invest in property?
Jeddah can offer property-investment opportunities, but returns aren’t guaranteed. Investors should evaluate purchase price, rental demand, expenses, financing, location and future supply.
Can foreigners buy property in Jeddah?
Non-Saudi property ownership is subject to Saudi regulations and eligibility conditions. Buyers should verify the current rules and whether the specific property and location are permitted before purchasing.
Is it better to buy an apartment or villa in Jeddah?
It depends on your budget, household requirements, investment objective and preferred location. Apartments generally have lower total purchase prices, while villas provide more space and privacy.
Final Thoughts on Property Prices in Jeddah
The Jeddah property market in 2026 offers a wide range of prices rather than one uniform market.
Apartments, villas and different districts can experience very different conditions. Northern Jeddah has attracted strong demand and new development, while some southern areas have experienced weaker pricing in certain segments. (Knight Frank SA)
The latest available market research also indicates that Jeddah apartment values remained relatively resilient in Q1 2026 even as residential transaction activity weakened across Saudi Arabia. (Knight Frank SA)
For anyone researching property prices in Jeddah, the most useful approach is to compare:
District → Property Type → Price per sqm → Comparable Properties → Rental Demand → Financing → Future Supply
Rather than asking only, “How much does property cost in Jeddah?”, buyers should ask whether a particular property offers a reasonable price relative to similar properties in the same location.
Recommended Internal Links
Connect this article with your existing Saudi-finance content:
- Property Prices in Riyadh
- Home Finance in Saudi Arabia
- Home Finance Requirements in Saudi Arabia
- Personal Finance for Expats in Saudi Arabia
- Murabaha Financing Explained
- Salary-Based Financing Explained
- Personal Finance Calculator
Most importantly, update the numerical market data periodically. GASTAT’s Real Estate Price Index is published quarterly, so a page targeting “Property Prices in Jeddah 2026” should be refreshed when newer official data becomes available. (الهيئة العامة للإحصاء)
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