Riyadh - Mubasher: The Saudi Real Estate Exchange recorded, during the week ending January 2, 2025, about 7,504 deals with a total value exceeding SAR 28 billion, and a traded area of 102 million square meters .

The data showed that the highest price per square meter during the week’s transactions reached 183.3 thousand riyals, while the average price per square meter reached 274 riyals, according to data from the real estate exchange .

According to the latest statistics issued by the Saudi Ministry of Justice, issued early last December, the number of registered users on the real estate exchange exceeded one million users, while the number of beneficiaries of the platform exceeded 30 thousand beneficiaries per day .

Data reviewed and prepared by "Direct Information" showed that the total value of deals during the year 2024 exceeded about 399.7 billion riyals, distributed over more than 345.9 thousand deals .

It revealed that the total area traded in real estate transactions reached 1.52 billion square meters, with the highest price per meter recorded at 4.56 million riyals, while the average price per meter during the year 2024 reached about 263 riyals, while the lowest price per square meter recorded one riyal .

These high positive indicators reflect the growing demand for real estate, whether for residential or investment purposes, which contributes to strengthening the role of the real estate sector as a major driver of the Saudi economy and confirms the success of the policies supporting it .