Medium-sized apartment sales rise by 18% in August

The number of sold apartments with an area exceeding 150 square meters remained relatively stable during the first eight months of the current year, reaching 10,879 apartments, compared to 10,911 apartments during the same period of 2025.

Last August, sales of apartments with an area exceeding 150 square meters increased by 8%, reaching 1,856 apartments, compared to 1,723 apartments in the same month of 2025.

In contrast, the number of sold apartments with an area of less than 120 square meters decreased by 5% during the first eight months of the year, reaching 6,828 apartments, compared to 7,190 apartments during the same period of last year.

Sales of apartments within this category also decreased by 7% last August, reaching 1,062 apartments, compared to 1,141 apartments in the same month of 2025.

The total number of apartments sold in the Kingdom during the first eight months of the current year reached 22,767 apartments, a decrease of 6% compared to the same period of last year, which recorded the sale of 24,118 apartments, according to the report.

Last August, the total number of sold apartments reached 3,708 apartments, compared to 3,677 apartments in the same month of last year, an increase of 1%, while it increased by 7% compared to the previous July, which recorded the sale of 3,526 apartments.

The Cabinet had issued a decision on November 12, 2024, exempting residential apartments with an area exceeding 150 square meters from 50% of registration fees, in addition to the previous decision exempting apartments with an area of less than 150 square meters by 100% from registration fees.