27.37 مليار ريال قيمة صفقات الإيجار في مكة والمدينة خلال 9 أشهر ومكة المكرمة تتصدر SAR 27.37 Billion in Rental Transactions Recorded in Makkah and Madinah Over Nine Months, with Makkah Taking the Lead

Real estate rental deals in the Makkah Al-Mukarramah and Medina regions recorded more than 27.37 billion riyals during the first nine months of 2026, through the implementation of about 1.12 million deals, according to data from the General Real Estate Authority.

Real estate rental transactions in the regions of Makkah and Madinah exceeded SAR 27.37 billion during the first nine months of 2026, with approximately 1.12 million transactions recorded, according to data from the Real Estate General Authority.

Mecca accounted for the largest share, with a value of 22.86 billion riyals, through 915,440 deals, compared to 4.52 billion riyals in Medina, through 205,307 deals. The average contract value in Mecca was about 24,971 riyals, compared to 22,002 riyals in Medina.

Makkah accounted for the largest share, with transactions valued at SAR 22.86 billion across 915,440 deals, compared with SAR 4.52 billion in Madinah through 205,307 transactions. The average contract value reached approximately SAR 24,971 in Makkah, compared with SAR 22,002 in Madinah.

Mecca recorded the highest number of transactions during February with about 113 thousand contracts, while January topped in value with about 3.35 billion riyals, and transactions witnessed a decline in May, after their value fell to 1.46 billion riyals, which is the lowest monthly level during the period.

Makkah recorded its highest number of transactions in February, with approximately 113,000 contracts, while January ranked first in terms of transaction value, reaching around SAR 3.35 billion. Activity declined in May, when the total value fell to SAR 1.46 billion, the lowest monthly level during the period.

The market returned to recovery in June and July, with the value of transactions reaching 2.96 billion riyals in July, before declining to 2.43 billion riyals in September, and the average transaction value in Mecca decreased by 23.8%, from 29,729 riyals in January to 22,646 riyals in September.

The market recovered in June and July, with transaction values ​​reaching SAR 2.96 billion in July, before declining to SAR 2.43 billion in September. The average transaction value in Makkah decreased by 23.8%, falling from SAR 29,729 in January to SAR 22,646 in September.

In Medina, the third quarter recorded the highest contractual activity with a total of 75,344 deals, a growth of 16.5% compared to the second quarter, and the value of third quarter deals amounted to about 1.59 billion riyals, an increase of 38.4% over the second quarter. Despite the improvement, the value remained below the level of the first quarter, which recorded 1.78 billion riyals.

In Madinah, the third quarter recorded the highest contractual activity, with a total of 75,344 transactions, representing a 16.5% increase compared with the second quarter. The value of third-quarter transactions reached approximately SAR 1.59 billion, up 38.4% from the second quarter. Despite this improvement, the figure remained below the first-quarter level of SAR 1.78 billion.

The average contract value in the city recorded its highest levels in February at 30,549 riyals, and its lowest levels in May at 13,664 riyals, and the average ended September at 19,219 riyals, declining by 22.3% compared to January.

The average contract value in Madinah reached its highest level in February at SAR 30,549, while its lowest level was recorded in May at SAR 13,664. By September, the average stood at SAR 19,219, representing a 22.3% decline compared with January.

The indicators reflect the superiority of Mecca in the volume of rental transactions, compared to the acceleration of contractual activity in Medina during the third quarter.

These indicators highlight Makkah’s dominance in terms of rental transaction volume, while Madinah experienced accelerating contractual activity during the third quarter.