Riyadh, Saudi Arabia
The value of real estate rental deals in the Mecca region exceeded 22.86 billion riyals during the first nine months of 2026, through the implementation of 915,440 deals, with an average of 24,971 riyals per transaction, according to the monthly data of the rental market.
The data reveals a noticeable discrepancy between the movement of deals and their value, as rental activity maintained levels exceeding 100,000 deals for most months of the period, while the monthly values varied between 1.46 billion riyals and 3.35 billion riyals.
The Mecca region recorded more than 100,000 lease deals during six months out of nine, and topped February in terms of the number of deals by 113,036 deals, followed by January with 112,722 deals, then July with 112,695 deals, and August with 112,589 deals.
The number of deals in September was 107,101, compared to 112,589 in August, a decrease of 4.9%.
He was the least active in terms of the number of deals, after he recorded 66,572 deals, before the number rose to 94,673 deals in April, then 91,285 deals in May and 104,767 deals in June
January acquires SAR 3.35 billion
On the value level, January topped the first nine months with rental deals amounting to 3.35 billion riyals, accounting for about 14.7% of the total value of deals during the period, followed by February with 3.29 billion riyals.
July came third with a value of 2.96 billion riyals, then August with about 2.86 billion riyals, and June with about 2.51 billion riyals, while the value of September deals amounted to about 2.43 billion riyals.
May recorded the lowest monthly value of 1.46 billion riyals, despite the implementation of more than 91,000 deals, reflecting the difference in the average value of the recorded deals between the months.
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