Al-Qairawan, Al-Malqa and Hittin neighborhoods recorded the highest average sale price per square meter of residential land in the city of Riyadh, while Al-Ha’ir and Al-Risala neighborhoods recorded the average lowest among the capital’s neighborhoods, up until yesterday (Saturday).
According to the Real Estate Indicators Platform, the average selling price per square meter of residential land in Al Qirawan neighborhood is estimated at more than 5.5 thousand riyals, in Al Malqa neighborhood 5.3 thousand riyals and Hittin 5.2 thousand riyals , while the average selling price per square meter in the Al Ha’ir district was 126 riyals, and in the Al Resala district 355 riyals.
The platform estimated the average selling price per square meter of residential land in a number of neighborhoods in Riyadh, including: Olaya 3.7 thousand riyals, Sulaymaniyah 3.2 thousand riyals, Irqah 4.2 thousand riyals, Al-Risalah 355 riyals, Laban 2 thousand riyals, King Faisal 2.3 thousand riyals and Al-Quds 3.5 thousand riyals Al-Rimal is 2.5 thousand riyals, Al-Qadisiyah is 2,000 riyals and Al-Nadwa is around 3,000 riyals.
The platform indicated that the average price per square meter in Al-Mounsiyah neighborhood is 3.3 thousand riyals, Al-Nazim 1059 riyals, Al-Janadria 584 riyals, Al-Bayan 2.5 thousand riyals, Al-Yarmouk 3 thousand riyals, Seville 2.5 thousand riyals , Cordoba 3.5 thousand riyals, Al-Hamra 3.2 thousand riyals and Al-Andalus 2.4 thousand riyals, the Gulf is about 2.7 thousand riyals, the Renaissance is 2 7 thousand riyals, the eastern breeze is 1.4 thousand riyals, the western breeze is about 1.5 thousand riyals, happiness is 2.2 thousand riyals, and the sulay is 1.5 thousand riyals.
And he indicated that the price per square meter in the neighborhoods of Al-Fayhaa is 2.8 thousand riyals, Tuwaiq 1.8 thousand riyals, Namar 998 riyals, Al-Shafa more than 1.3 thousand riyals, Badr 1.3 thousand riyals, Al-Mezfah 581 riyals, Taiba neighborhood 516 riyals, Al-Rayyan more than 3.8 thousand riyals and Al-Manar 2.8 thousand riyals, Al-Rawabi 3.1 thousand riyals, Al-Ha’ir 126 riyals, Al-Rabi 3.6 thousand riyals and Al-Nada 3.9 thousand riyals.
He added that the price per square meter in Al-Narjis neighborhood is 4.6 thousand riyals, Al-Arid 4 thousand riyals, Al-Yasmine 4.2 thousand riyals, Al-Sahafa 4.2 thousand riyals, Al-Aqiq 4.4 thousand riyals, Kairouan 5.5 thousand riyals, Al-Malqa 5.3 thousand riyals, Hittin 5.2 thousand riyals and Al-Taawun 3.2 thousand riyals. , and Al-Khuzama 3.3 thousand riyals and Okaz 748 riyals.
He pointed out that the square meter in Al-Badiah neighborhood has a price of 1.3 thousand riyals, Al-Uraija 1.4 thousand riyals, Al-Hada 3.6 thousand riyals, Al-Hazm 1.5 thousand riyals, Al -Awali 3 thousand riyals, Tuwaiq 1.8 thousand riyals, Namar suburb 1054 riyals, Al-Malaz 2 thousand riyals and Al-Azizia 1251 riyals, Shubra neighborhood about two thousand riyals.
The Digital Platform of Property Indicators was established in collaboration between the Ministries of Justice, Municipal and Rural Affairs and Housing, Economy and Planning, the General Authority for Statistics and the General Property Authority . , speaking quarterly.
The platform aims to increase the transparency of the Saudi real estate market and provide information on average prices and offers in the regions of the Kingdom without price recommendations or commercial indications.
