Saudi Arabia’s real estate prices increased by 1.2 percent year-on-year in Q3 of 2026, driven by higher residential and agricultural property prices, according to the General Authority for Statistics (GASTAT).
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Jabal Omar, one of the largest Saudi developers in Mecca, said hotel revenues jumped in the first nine months of 2026. The result was driven by additional rooms and higher rates in the holy city, even as the company’s overall profit fell sharply.
