DUBAI – Residential property sales values in Riyadh rose 63% year-on-year to 65.7 billion Saudi riyals ($17.5 billion) in the first half of 2025, consultancy Cavendish Maxwell said in new research on Monday.

The report attributed the surge to rising demand in the Saudi capital driven by strong population growth, large-scale infrastructure investments, and government initiatives aimed at boosting home ownership under Vision 2030.

Sales volumes also climbed, with transaction numbers up sharply across apartments and villas, the consultancy said, though it did not provide figures.

“Riyadh continues to attract investors and end-users alike, supported by favourable demographics and policy reforms,” said Cavendish Maxwell, adding that developers are responding with new project launches and expanded supply pipelines.

The research noted that while demand in other cities such as Jeddah and Dammam also grew, Riyadh accounted for the bulk of the increase, cementing its position as the Kingdom’s most active residential market.