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Riyadh, Saudi Arabia
The value of real estate rental deals in Riyadh reached 35.78 billion riyals during the first nine months of 2026, through the implementation of 1.14 million deals, with an average of 31,489 riyals for the deal, while the monthly average decreased to 29,145 riyals in September, compared to 36,938 riyals in January, a decrease of 21.1%.
Rental Deals in Riyadh Region
First Quarter 2026 368,990 13,616,081,301
Second Quarter 2026 351,659 9,322,241,927
Third Quarter 2026 415,603 12,841,367,742
Total 1,136,252 35,779,690,970
Source: Reports of the General Authority for Real Estate
Rental deals exceed 35.7 billion riyals
Riyadh region recorded real estate lease deals worth 13.62 billion riyals during the first quarter of 2026, through 368,990 deals, before the decline in value to 9.32 billion riyals in the second quarter, through 351,659 deals. In the third quarter, the value of deals increased to 12.84 billion riyals, an increase of 37.8% compared to the second quarter, while the number of deals increased to 415,603 deals, a growth of 18.2%, recording the highest quarterly level in terms of the number of deals during the year.
Average rental value per month in Riyadh region in 2026
January 36,937.578
February 37,220.393
March 36,320.653
April 28,655.55
May 21,180,903
June 29,684.052
July 32,526.736
August 30,987,932
September 29,144.841
average 31,489.222
Source: Reports of the General Authority for Real Estate
Average rental deal value drops to SAR 29,145
The data showed that the average value of the real estate lease deal in Riyadh fell to 29,145 riyals during September 2026, compared to 30,988 riyals in August, a decrease of 5.9%.
The average value of the deal was 36,938 riyals in January, 37,220 riyals in February, and 36,321 riyals in March, before falling to 28,656 riyals in April, and then 21,181 riyals in May, the lowest monthly level during the period.
The average rose back to 29,684 riyals in June and 32,527 in July, before falling in August and September.
Rising rental activity during the third quarter
The data reflects the increase in the number of lease deals in Riyadh during the third quarter of 2026, coinciding with the recovery in value compared to the second quarter, while the average value of the deal in September remained below its level at the beginning of the year.
The decline in the average value of the deal indicates a change in the value of the registered contracts, but it does not necessarily mean a decrease in the rental prices of similar real estate, due to the different types of real estate, its areas, locations and the duration of its contracts.
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