Holy City Madinah Surpasses Riyadh as Top Saudi Housing Market

Saudi Arabia’s residential property market is shifting geographically, with the holy city of Madinah recording the strongest growth in the kingdom during the first half of 2025, according to real estate consultancy Knight Frank.

Transaction values in the city surged 49% from a year ago, while volumes rose 38% — outpacing every other major city including Riyadh, Jeddah, Mecca and the Eastern Province, the firm said in its latest research report.