Dammam leads Saudi residential property growth as Q1 sales surge 71%

RIYADH: Dammam led Saudi Arabia’s residential property market in the first quarter of 2026, with quarterly sales values surging 71 percent year on year to SR3.6 billion ($957 million), latest data showed. According to real estate advisory and property consultancy Cavendish Maxwell, around 2,900 homes were sold in Dammam during the first quarter, marking a 41 percent increase from the previous quarter, when sales totaled SR2.1 billion. Compared with the same period last year, transaction volumes rose 25 percent while sales values increased 48 percent.

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