More than 142,000 transactions were recorded by the "Rental Index" in November 2022

Monday 08 June 2026
أكثر من 142 ألف صفقة يسجلها "المؤشر الإيجاري" في نوفمبر 2022

The electronic rental services network “Ejar” announced that the “Rental Index” recorded more than 142,000 rental transactions during the past month of November, within the reports and data issued by the network in conjunction with the Sakani platform, in 16 cities included in the index, covering all regions of the Kingdom.

The program explained in a press release today that the data from the tenth report of the rental index showed that the cities covered by the index recorded more than 142,000 rental transactions during November 2022, with the number of residential rental contracts reaching more than 110,000 contracts, while commercial rental contracts approached 32,000 contracts.

The neighborhoods with the highest number of residential rental transactions in the cities with the highest number of rental transactions were (Dhahrat Laban, Al-Wurud, Tuwaiq) as the most common neighborhoods in Riyadh, and (Al-Safa, Al-Bawadi, Al-Salamah) as the most common neighborhoods in Jeddah, while (Al-Nour, Taiba, King Fahd Suburb) were the most common neighborhoods in Dammam, and (Wali Al-Ahd, Al-Shawqiyah, Al-Rashidiyah) in Makkah Al-Mukarramah, and (Al-Thuqbah, Al-Khobar Al-Shamaliyah, Al-Khobar Al-Janubiyah) as the most common neighborhoods in Al-Khobar.

In commercial transactions, the neighborhoods of (Al-Khaleej, Al-Ulya, Tuwaiq) recorded the highest in Riyadh, and (Al-Balad, Al-Faisaliyah, Al-Hamra) in Jeddah, and in Medina the neighborhoods of (Al-Ghaba, Al-Aridh, Al-Difa’), and the neighborhoods of (Wali Al-Ahd, Al-Rashidiyah, Al-Naseem) in Mecca, and the neighborhoods of (Al-Anoud, Al-Manar, Al-Dawasir) in Dammam.

Riyadh topped the tenth rental index report as the city with the most documented rental contracts, after it exceeded 53,000 transactions, representing 37% of the total commercial and residential transactions. It was followed by Jeddah, whose transactions exceeded 33,000, then Dammam, which approached 9,000 transactions, then Makkah, whose transactions amounted to more than 8,500 transactions, then Al-Khobar, with more than 8,000 transactions, while the rest of the cities recorded about 44,000 residential and commercial transactions.

Ejar added a package of improvements to the rental index on the Sakani platform, including comparing average rental values for units in a group of neighborhoods, identifying price ranges for residential units, and searching for neighborhoods that contain residential units in a price range specified by the beneficiary. It is possible to view the number of rental transactions for residential and commercial units in the specified neighborhood during the specified period, the average rental values, and clarify the price range for residential transactions, and view them through a graph. It is also possible to access a list of accredited real estate brokers in the neighborhood, in addition to the “Comparison” feature that enables the beneficiary to compare average rental values for residential units in more than one neighborhood in one city, identify their locations and view them through a map, and view the results through a graph. The “Smart Search” feature allows beneficiaries to specify the required price range for residential units in a specific city, and through it they can view neighborhoods and their locations within the price range specified by the beneficiary. This is within the framework of supporting beneficiaries and contributing to raising the efficiency of the market in line with the objectives of the Housing Program – one of the programs of the Kingdom’s Vision 2030.

It is worth noting that the rental index aims to achieve transparency and stimulate investment in the Kingdom's rental real estate sector by establishing specific rental indices for cities, neighborhoods, and various property types, both residential and commercial. This includes residential unit types (apartment, villa, and floor) and commercial unit types (shop, showroom, and office). The goal is to achieve more accurate results in the search and selection process for properties that suit the user's needs, and to facilitate searches within the cities and neighborhoods covered by the service. The service can be accessed through the "Sakani" platform via the link https://sakani.sa/reports-and-data

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The Kingdom of Saudi Arabia