{"id":11047,"date":"2025-05-13T10:13:38","date_gmt":"2025-05-13T10:13:38","guid":{"rendered":"http:\/\/52.211.243.135\/blog\/?p=11047"},"modified":"2025-05-18T10:18:17","modified_gmt":"2025-05-18T10:18:17","slug":"al-khair-district-riyadhs-real-estate-hotspot","status":"publish","type":"post","link":"https:\/\/sa.aqar.fm\/blog\/en\/reports\/al-khair-district-riyadhs-real-estate-hotspot\/","title":{"rendered":"Al Khair District: Riyadh\u2019s Real Estate Hotspot"},"content":{"rendered":"

Why Is Al Khair District Attracting Real Estate Investors?<\/strong><\/h2>\n

Al Khair District has become one of the most actively traded areas in Riyadh for buying and selling land. Strategically located between King Fahd Road (Qassim Road) and King Khalid Road (Salahbukh), its prime position makes it especially attractive. Since the beginning of urban expansion in northern Riyadh, Al Khair District<\/strong> has consistently been at the forefront of investor interest, viewed as a promising opportunity in the Saudi real estate market according to data from the General Authority for Real Estate and the National Real Estate Platform.<\/p>\n

\"Al

\nSatellite image of Al Khair Planning Area – Aqar App
<\/figcaption><\/figure>\n

Price Per Square Meter Trends in Al Khair<\/strong><\/h2>\n

Al Khair District<\/strong> was not an exception to the overall price increase in Riyadh. The price per square meter surged by over 900% since 2018, reaching SAR 1,350 by mid-2022. According to data from the General Authority for Real Estate, Q1 2022 recorded the highest quarterly growth rate at 39%, before it dropped to 2% in Q2.<\/p>\n

These figures also show a 56% drop in transaction volume during Q2 2022, reflecting a fluctuation in activity levels in Al Khair<\/strong> driven by supply and demand dynamics.<\/p>\n

\"Price

\nPrice change in Al Khair District since 2018 – Aqar App
<\/figcaption><\/figure>\n

According to the Aqar App platform, the average listing price per square meter rose by 2% in Q2 2022 compared to Q1. Notably, the average listing price was 14% higher than the official recorded sale prices.<\/p>\n

Meanwhile, user engagement with listings dropped by 34%, and available listings declined by 33%, indicating a relatively sluggish market in Al Khair<\/strong> during this period.<\/p>\n

\"User
\nUser engagement decline with real estate listings on Aqar App<\/p>\n

Al Khair District by the Numbers<\/strong><\/h2>\n

Plan No. “3312\/A” led the market in activity, with an average price of SAR 1,757 per square meter. Meanwhile, plan “3540” experienced a remarkable 1,191% increase in price since 2018, based on data from the Ministry of Justice.<\/p>\n

\"Number

\nNumber of transactions in Al Khair District \u2013 Q2 2022 \u2013 Aqar App
<\/figcaption><\/figure>\n
\"Price

\nPrice per square meter in Al Khair plans \u2013 Q2 2022 \u2013 Aqar App
<\/figcaption><\/figure>\n

Other plans within the district witnessed price increases ranging from 418% to 1,052%, highlighting the exceptional growth Al Khair<\/strong> has experienced in recent years.<\/p>\n

\"Percentage

\nPrice increase percentage since 2018 \u2013 Aqar App
\n[\/caption><\/p>\n

Current Price Per Square Meter in Al Khair<\/strong><\/h2>\n

According to the latest property market data, the highest average price per square meter was recorded in plan “3312\/B” at SAR 1,662, while plan “3538” had the lowest at SAR 1,216.<\/p>\n

[caption id=\"attachment_6182\" align=\"aligncenter\" width=\"2804\"]
\n\"Current
\nCurrent price per square meter in Al Khair plans \u2013 Aqar App
<\/figcaption><\/figure>\n

Data Sources and Insights from Aqar App<\/strong><\/h2>\n

The data in this report is sourced from Aqar App, which tracks user interactions and real estate activity since 2014. These insights are backed by the Ministry of Municipal, Rural Affairs, and Housing, and provide a deeper understanding of market trends and supply-demand behavior.<\/p>\n

Real estate report on Al Khair Planning Area \u2013 download the full report here:<\/strong><\/p>\n

\n
\n \"Download
\n<\/a>\n<\/p>\n

Frequently Asked Questions<\/strong><\/h2>\n