Dammam led Saudi Arabia's residential real estate market in the first quarter of 2026, with quarterly sales rising 71% year-on-year to SAR 3.6 billion ($957 million), according to the latest data.

According to Cavendish Maxwell real estate consultancy, about 2,900 residential properties were sold in Dammam during Q1, marking a 41% increase compared to the previous quarter when sales reached SAR 2.1 billion.

Related News

Compared to the same period last year, transaction volume rose 25%, while sales value increased 48%. Despite regional tensions, March recorded the highest monthly activity with 1,265 transactions, underscoring the resilience of the housing market in the Eastern Province overall, and Dammam in particular. This momentum comes as the Kingdom continues implementing reforms aimed at attracting investments to the real estate sector, in line with Saudi Vision 2030, which targets raising the homeownership rate of Saudi families to 70% by 2030.