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Market reading · 24 September 2026

Madinah land market

Every land listing for Madinah on aqar.fm on 24 September 2026 — 1 609 in all, 1 312 after cleaning — placed by its coordinates in the city’s 118 official districts, cut into five zones by the three ring roads and eight directions, and set against twelve months of deals registered with the Ministry of Justice.

These are asking prices counted off public listings, not valuations. Nothing on this page is a forecast, a yield or investment advice.

1 451SAR per m² · the city’s median asking price for land, 1 312 listings
4 306SAR per m² between the first and second ring roads, the closest land for sale to the Prophet’s Mosque
1 571SAR per m² between the second and third ring roads, where 66% of the listings are
1 000SAR per m² from the third ring road out to 25 km; 400 beyond that
10 133property deals of all types registered with the Ministry of Justice in twelve months
What the numbers say

Nine findings, each with its sample beside it.

Figures are medians of asking prices unless a line says otherwise. Deal figures come from the Ministry of Justice.

  1. 1 571

    SAR per m² is the median in the belt between the second and third ring roads, which holds 66% of the listings. A typical 600 m² plot there asks about SAR 943 000.

  2. −42%

    is how much lower the asking price per m² is when the distance from the Haram doubles from 4 to 8 km, all else equal — and 45% from 10 to 20 km. The percentage does not fade further out; only the riyal gap does.

  3. 4 450

    SAR per m² is the median asking price east of the Haram between the first and second ring roads, where about half of the land in the city’s dearest ring is listed (50 of 102 listings, plots of about 614 m²). Inside the first ring no land is listed at all.

  4. +75%

    is how much more sellers ask for land to the east than to the north at an equal 10 km from the Haram; the gap is wider further out and small near the centre. At that distance the north is the cheapest direction.

  5. +47%

    for land on a street 40 m or wider against one under 15 m, all else equal. Commercial use adds about 20% and a corner about 4%; between 15 and 29 m the width barely matters, and a plot twice as large asks about 7% less per m².

  6. −9%

    is the typical gap between registered land deals and the asking median of their district — 161 recent deals in 38 districts. Part of it is bargaining; part is that the plots sold are not the plots on offer.

  7. −14%

    is how far asking prices in Dhu Al Hulayfah sit below what the model expects for their distance, direction, plot sizes and streets — the widest reliable gap among districts with 30 or more deals a year; Raht (−12%), Az Zahrah (−10%) follow. A screen for further checks, not a recommendation.

  8. +15%

    more property deals of all types were registered a month in June–August than on average over the eight months before — and two districts, Al Jassah and As Suwaydra, account for all of the rise. In the 25 other districts with enough deals to compare, the number fell 12%.

  9. −4.5% y/y

    is the year-on-year change in the official GASTAT price index for the Madinah region in the second quarter of 2026, all property types. The yearly fall has narrowed each quarter since the third quarter of 2025 (−8.0%), but the index fell 2.1% on the quarter; nationally it rose 1.3% on the year.

Interactive map

Every district, on its own.

The city’s 118 official districts, from the central area around the Prophet’s Mosque to the fringe. Choose an indicator above the map; click a district, or find it by name, for its full profile. Zoom with the wheel, two fingers or the buttons.

The map needs JavaScript. Every figure on it is also in the tables below.

Grey hatching: no land listed, or too few listings for the chosen indicator. District boundaries are the official national-address ones; ring and main roads come from OpenStreetMap.

Price gradient

What each kilometre from the Haram costs.

Each dot is one listing, placed by its straight-line distance to the Prophet’s Mosque. Gold marks are the median of each distance band with its middle half; the line is the model’s price for a reference plot (500 m², a 20–29 m street, residential) out to 25 km. Doubling the distance lowers the asking price by about 42–45%.

1003001 0003 00010 00030 0000.51251025506 2764 0012 9942 2001 7921 3501 100932400Distance from the Prophet’s Mosque, kmSAR per m²
Dots: listings. Gold: band median and middle half. Line: model, reference plot.
By distance band
DistanceListingsSAR / m²Middle halfModel
0–2 km126 2764 108–7 2018 170
2–4 km914 0013 025–5 0003 938
4–6 km752 9941 701–4 0002 592
6–8 km1372 2001 693–2 5001 967
8–10 km2281 7921 438–2 2421 597
10–13 km3461 3501 100–1 6281 303
13–17 km2341 100968–1 3321 038
17–25 km103932850–1 098779
25+ km86400281–475—
City structure

Three ring roads, five zones, eight directions.

Madinah is layered by three ring roads: King Faisal Road around the central area, King Abdullah Road and King Khalid Road; land beyond the third ring is split at 25 km. Each listing is assigned to a zone and a direction by its own position.

Inside King Faisal Road

Central area

—

Around the Prophet’s Mosque, inside King Faisal Road: hotels, retail and pilgrim traffic. No land is listed here — buildings and hotels change hands instead.

No land for sale.

King Faisal to King Abdullah Road

Ring 1–2

4 306SAR / m²

Between King Faisal and King Abdullah roads: the old districts such as Al Khatim (Quba Mosque), Al Ariydh, Bani Dhafir and Al Dhahirah.

102 listings · middle half 3 484–5 503 · median plot 620 m²

King Abdullah to King Khalid Road

Ring 2–3

1 571SAR / m²

Between King Abdullah and King Khalid roads: the main residential belt — Ar Ranuna, Shuran, Nubala, King Fahd, As Salam, Taibah and others.

863 listings · middle half 1 248–2 151 · median plot 601 m²

King Khalid Road to 25 km

Ring 3 to 25 km

1 000SAR / m²

The airport axis (Al Aqoul, Al Matar, Al Khadhra), the industrial areas and new subdivisions.

261 listings · middle half 900–1 250 · median plot 565 m²

25 km from the Haram and beyond

Beyond 25 km

400SAR / m²

Abyar Al Mashi on the Hijrah road, Al Mundasa and other remote areas, far from services.

86 listings · middle half 281–475 · median plot 629 m²

Direction × zone: median asking price, SAR per m², with the number of listings
DirectionRing 1–2Ring 2–3Ring 3 to 25 kmAll within 25 km
North5 89181 000539001399274
North-east4 232202 019561 0001421 383218
East4 569222 200511 550202 20193
South-east3 505191 750132—1 850151
South6 250141 401221—1 475235
South-west3 001111 2501461 000401 200197
West3 04931 7011381 040311 576172
North-west4 31151 46666970151 27486

Cells with three or more listings are shaded. Direction is the bearing from the Prophet’s Mosque.

Around the Haram: every district between the first and second ring roads

The eastern districts of this ring hold 50 of its 102 listings, at a median of SAR 4 450 per m² (middle half 3 915–5 098); the Quba side to the south has 20 listings at 3 400, and the rest of the ring 32 at 4 417. Click a row to open the district on the map.

DistrictDirectionkmListingsSAR / m²Middle halfDeals, 12 months
Al Masani حي المصانعNorth1.2120 000—3
Al Mughaisilah حي المغيسلةSouth-west1.447 0036 277–7 20113
As Suqya حي السقياWest1.416 387—9
Bani Muawiyah حي بني معاويةNorth-east1.534 1044 055–4 108—
As Sih حي السيحWest1.6———8
Bani Abdul Ashhal حي بني عبدالاشهلNorth-east1.744 9504 775–5 000—
Al Jumah حي الجمعةSouth1.748 3545 854–10 00319
Qurban حي قربانSouth-east1.8116 148—6
Bani Dhafir حي بني ظفرEast2.084 7564 405–5 12511
Al Fath حي الفتحNorth-west2.154 3114 302–5 17412
Al Usayfirin حي الاصيفرينWest2.322 471—13
Ad Duwaimah حي الدويمةSouth2.424 127—32
Al Dhahirah حي الظاهرةSouth-west2.5133 0012 703–4 52227
Al Anabis حي العنابسWest2.622 775—13
Ar Rayah حي الرايةNorth-west2.9———33
Masjid Ad Dara حي مسجد الدرعNorth2.9311 9059 035–13 45516
Bani Harithah حي بني حارثةNorth-east3.274 0003 241–5 007—
Ash Shuraybat حي الشريباتSouth-east3.543 0282 526–3 32211
Al Ariydh حي العريضNorth-east3.6194 2623 509–5 24266
Al Iskan حي الاسكانEast3.644 9463 715–7 505—
Al Usbah حي العصبةSouth4.2———71
Al Khatim حي الخاتمSouth4.518 936——
Al Ihn حي العهنSouth-east4.925 000—2
Al Khalidiyah حي الخالديةEast5.264 3914 182–4 594—
Wadi Mahzur حي وادي مهزورSouth-east5.373 2002 997–4 21550

The Haram boundary and the legal zones

The Haram boundary (حد الحرم) is the religious sanctuary: from Mount Ayr in the south to Mount Thawr in the north, between the eastern and western lava fields. Road signs mark it; since 2021 they read «حد الحرم» where they used to read «للمسلمين فقط», so the restriction on non-Muslims follows the same line.

The legal zones are something else. Since 22 January 2026 foreign Muslim individuals and Saudi companies with foreign shareholders may own property in Madinah only inside ten zones approved on 23 June 2026. REGA publishes their limits on its own map.

What the listings say: 101 describe themselves as inside the Haram boundary, at a median of SAR 1 867 per m² and 7.7 km from the Prophet’s Mosque; 15 say outside, at 1 453 and 10.3 km. Most of that gap is distance, and the «outside» sample is small.

Alukah · Ajel, 03.05.2021 · Argaam · REGA zones map

Central area · inside ring 1

Around the Haram, buildings and hotels change hands — not land

King Faisal Road runs only half a kilometre to a kilometre from the Prophet’s Mosque. Almost no vacant land is left inside it; none is among the cleaned listings.

  • Rua Al Madinah (PIF), east of the Haram: 1.5 km² and 47 000 hotel rooms planned by 2030, the first phase due in 2026.
  • Dar Al-Hijrah, about 3 km south-west of the Prophet’s Mosque: planned in 2014; in May 2025 Rua Al Madinah Holding signed a master-plan contract for about a million square metres of mixed use.
  • No public land-price index covers the central area; it is valued deal by deal.

AGBI · Argaam 2025 · Al-Eqtisadiah 2014

Price drivers

What moves the asking price at the same distance.

A hedonic model on 1 226 listings within 25 km explains 77% of the variation in asking price per m², on a log scale — 72% in districts left out of the fit. It holds distance, direction, plot size, street width, use and corner position together. The rest is the exact spot inside a district, the state of the title and what the seller hopes for.

Plot attributes, all else equal
Street 40 m or wider, against under 15 m+47%+34%…+58%
Commercial use, against residential+20%+12%…+29%
Mixed use, against residential+13%+6%…+21%
Street 30–39 m, against under 15 m+12%+4%…+19%
Corner, or two streets+4%+1%…+8%
Street 20–29 m, against under 15 m not significant+4%−1%…+9%
Plot twice as large, per m²−7%−10%…−4%
Direction at 10 km, against the north
East+75%+58%…+106%
West+57%+43%…+84%
South-east+50%+32%…+81%
North-east+45%+28%…+70%
South+44%+30%…+66%
South-west+23%+11%…+47%
North-west not significant+18%−7%…+46%

Bars: the model’s estimate. Thin line: the 90% range from resampling whole districts. Grey: not significant. Near the Haram, within 4 km, the direction effect is not clear.

Full ranking

Every district in one table.

Click a column heading to sort, a row to open the district on the map. The value index is how far a district’s asking prices sit above (+) or below (−) what the model expects for their distance, direction, plot size, street and use; blue and gold mark the districts where that gap is reliable. Deal momentum compares the monthly number of registered deals in June–August 2026 with the eight months before.

Al Masani حي المصانعRing 1–2North1.2120 000—88—3——
Qurban حي قربانRing 1–2South-east1.8116 148—898—61 842—
Masjid Ad Dara حي مسجد الدرعRing 1–2North2.9311 9059 035–13 455730—165 000—
Al Khatim حي الخاتمRing 1–2South4.518 936—1 231————
Al Jumah حي الجمعةRing 1–2South1.748 3545 854–10 0031 115—19——
Al Mughaisilah حي المغيسلةRing 1–2South-west1.447 0036 277–7 201758—135 140—
As Suqya حي السقياRing 1–2West1.416 387—548—93 394—
Al Hadiqah حي الحديقةRing 2–3South5.715 007—607—43 716—
Al Ihn حي العهنRing 1–2South-east4.925 000—2 035—2——
Bani Abdul Ashhal حي بني عبدالاشهلRing 1–2North-east1.744 9504 775–5 000675————
Al Iskan حي الاسكانRing 1–2East3.644 9463 715–7 505821————
Bani Dhafir حي بني ظفرRing 1–2East2.084 7564 405–5 125632−13%1110 493—
Al Qaswa حي القصواءRing 2–3South-west4.524 748—578—7——
Al Khalidiyah حي الخالديةRing 1–2East5.264 3914 182–4 594607+19%———
Al Fath حي الفتحRing 1–2North-west2.154 3114 302–5 174437+3%124 779—
Al Ariydh حي العريضRing 1–2North-east3.6194 2623 509–5 242648+13%664 000−55%
Ad Duwaimah حي الدويمةRing 1–2South2.424 127—1 840—321 880—
Bani Muawiyah حي بني معاويةRing 1–2North-east1.534 1044 055–4 108307————
Bani Harithah حي بني حارثةRing 1–2North-east3.274 0003 241–5 007601−11%———
Al Qiblatayn حي القبلتينRing 2–3West3.683 5643 051–3 872417+13%154 830—
Urwah حي عروةRing 2–3South-west3.633 5092 004–4 255900—111 675—
Ash Shuhada حي الشهداءRing 2–3North4.563 5013 125–3 876748+2%41 758—
Bir Uthman حي بئر عثمانRing 2–3North-west4.373 5003 400–4 000540+19%24 356—
Al Jamawat حي الجماواتRing 2–3West4.963 3413 287–3 350650+9%———
Wadi Mahzur حي وادي مهزورRing 1–2South-east5.373 2002 997–4 215711+7%50—−83%
Ash Shuraybat حي الشريباتRing 1–2South-east3.543 0282 526–3 322618—112 747—
Al Dhahirah حي الظاهرةRing 1–2South-west2.5133 0012 703–4 522595−8%271 350—
Al Anabis حي العنابسRing 1–2West2.622 775—542—132 238—
As Sad حي السدRing 2–3South7.1152 6001 638–2 852652+10%9——
Al Eyun حي العيونRing 2–3North5.5102 6002 097–3 7501 262−2%311 878—
Hura Al Wabra حي حرة الوبرةRing 2–3South-west3.132 5502 375–2 850400—101 491—
Al Usayfirin حي الاصيفرينRing 1–2West2.322 471—796—13——
Wadi Mudhainib حي وادي مذينبRing 2–3South-east6.8302 3832 207–2 588546+10%4745 256−21%
Al Barakah حي البركةRing 2–3North-west6.852 3022 002–2 503853+12%———
Al Mabuth حي المبعوثRing 2–3East6.4152 2862 034–2 452594−7%52—+156%
Josham حي جشمRing 2–3East6.162 2402 200–3 014468−2%523 200−16%
Ar Rawabi حي الروابيRing 2–3South-east6.9202 1941 500–2 650800−9%———
Shidhat حي شظاةRing 2–3North-east5.1142 1922 000–2 662567−3%39800−41%
King Fahd حي الملك فهدRing 2–3North-east9.3352 1501 939–2 570650+15%1101 920−33%
Shuran حي شورانRing 2–3South8.1292 1001 664–2 406725+9%487—−34%
Ad Difa حي الدفاعRing 2–3West8.8312 0021 703–2 496726+5%281 600—
Ayn Al Khif حي عين الخيفRing 2–3South-east8.7261 9511 763–2 225598±0%4691 800−2%
Al Jabirah حي الجابرةRing 2–3South7.561 9271 460–2 153490−8%241 000−100%
Ad Duwaikhilah حي الدويخلةRing 2–3North-east7.481 8251 698–2 077788−12%431 900+29%
Al Anahi حي الاناهيRing 3 to 25 kmSouth-east11.451 8001 667–1 800525−6%———
Ar Ranuna حي الرانوناءRing 2–3South8.2431 7131 500–2 201612+1%505—−7%
Sikkah Al Hadid حي سكة الحديدRing 2–3West12.851 7021 503–1 704435+1%202 458—
Al Hadra حي الهدراءRing 2–3South-east9.661 7011 700–1 819380−6%1831 325−32%
Al Gharra حي الغراءRing 2–3South-east8.8171 6801 301–2 273800−2%16——
Abu Burayqa حي ابو بريقاءRing 2–3South-west7.5111 6501 569–3 198682+4%59850−63%
Jabal Uhud حي جبل احدRing 2–3North5.041 6261 538–1 714634—1——
Bani Bayadah حي بني بياضةRing 2–3South9.3131 6021 500–1 867841+3%———
Dhu Al Hulayfah حي ذو الحليفةRing 2–3South-west6.7131 6001 503–1 603587−14%711 711−70%
Jima Um Khalid حي جماء أم خالدRing 2–3South-west7.341 5701 529–1 701542————
As Salam حي السلامRing 2–3West10.6481 5651 345–2 015625+4%———
Al Aziziyah حي العزيزيةRing 2–3South-west12.4301 5251 262–1 976607+1%1911 046−12%
Taibah حي طيبةRing 2–3West10.5331 4771 355–1 950600+2%1461 350−32%
Nubala حي نبلاءRing 2–3South-east10.1491 4671 244–1 790460−1%4021 338+11%
Al Aqoul حي العاقولRing 3 to 25 kmNorth-east13.7401 448915–1 700600−5%———
Al Jassah حي الجصةRing 2–3South11.4541 3291 278–1 489454+2%842400+138%
Az Zahrah حي الزهرةRing 2–3North-west8.2221 3261 133–1 496594−10%771 150−59%
Hadhawda حي حضوضاءBeyond 25 kmSouth-east25.731 3001 290–1 477500—26600—
Ad Dar حي الدارRing 2–3North7.911 201—765————
Ar Rumanah حي الرمانةRing 2–3South-east10.451 2001 200–1 600720−10%15797—
Al Hisa حي الحساءRing 2–3South-west12.9181 2001 146–1 285404+4%22837—
As Sakb حي السكبRing 2–3South12.0591 1581 000–1 283787−3%3051 032+47%
Al Matar حي المطارRing 3 to 25 kmNorth-east12.7341 153920–1 522599+7%———
Warqan حي ورقانRing 2–3South-west12.991 152918–1 501732−4%6——
Wairah حي وعيرةRing 2–3North-east10.321 151—570—351 368—
Raht حي رهطRing 2–3South10.7201 1381 091–1 255754−12%721 035+183%
Abumarkha حي ابومرخةRing 3 to 25 kmWest20.4221 0901 034–1 205600−6%———
Al Nakhil حي النخيلRing 2–3North-west7.971 0481 000–1 167600−16%53 400—
Kittanah حي كتانةRing 2–3North-west11.5131 0471 000–1 062600±0%3981—
Ash Shafiyah حي الشافيةRing 2–3North8.9141 0151 000–1 248534−6%341 444—
Ash Shahba حي الشهباءRing 2–3South-west10.671 001936–1 176900−9%3931—
Abu Kabir حي ابو كبيرRing 2–3South-west10.7361 001900–1 188600−8%4——
Industrial City حي المدينة الصناعيةRing 3 to 25 kmSouth-west20.5181 000968–1 115600+5%———
Wadi Al Battan حي وادي البطانRing 3 to 25 kmEast19.231975900–1 110548+2%95400+4%
Al Khadhra حي الخضراءRing 3 to 25 kmNorth-east17.455967914–1 100350+3%145900−36%
Al Balqa حي البلقاءRing 3 to 25 kmWest17.717960840–1 000500+22%11878—
Abu Sidr حي ابو سدرRing 3 to 25 kmNorth-east21.44935713–9781 456————
Industrial حي الصناعيةRing 3 to 25 kmSouth-west15.621934850–1 200600−5%———
Al Sahluj حي الصهلوجRing 3 to 25 kmWest22.28930836–1 021511−9%———
Al Sahwa حي الصهوةBeyond 25 kmNorth-east37.51900—691————
Sad Al Ghaba حي سد الغابةRing 3 to 25 kmNorth22.110872842–958600+9%———
Al Mafrahat حي المفرحاتRing 3 to 25 kmSouth-west24.11824—6 073————
Jabal Ayr حي جبل عيرRing 2–3South-west9.35800781–1 150995−16%1——
Qubeiba حي القبيبةBeyond 25 kmNorth29.64789752–874550—2——
Al Ghabah حي الغابةRing 2–3North9.811700650–7493 469−11%1——
As Sadiqiyah حي الصادقيةRing 2–3North9.93650550–2 0759 503————
Wadi Al Hamdh حي وادي الحمضRing 3 to 25 kmNorth-west16.81525—11 429————
Abyar Al Mashi حي ابيار الماشيBeyond 25 kmSouth43.047450414–521423—254373+21%
Al Mundasa حي المندسةBeyond 25 kmWest41.425282270–301882————
As Suwaydra حي الصويدرةBeyond 25 kmNorth-east45.19223212–233629—566—+223%
Al Furaysh حي الفريشBeyond 25 kmSouth-west45.12210—830—3——
Al Mulaylih حي المليليحBeyond 25 kmNorth-west54.837053–16030 000—10——
Khakh حي خاخRing 3 to 25 kmSouth17.0————————
Al Usbah حي العصبةRing 1–2South4.2—————7143 688—
An Naqa حي النقاءCentral areaWest0.7————————
Al Manakhah حي المناخةCentral areaNorth-west0.8————————
Badhaah حي بضاعةCentral areaNorth0.7————————
As Sih حي السيحRing 1–2West1.6—————81 036—
Al Jamiah حي الجامعةRing 2–3West4.9—————27——
Al Talaah حي التلعةRing 2–3North-east5.7—————41 840—
Al Hafya حي الحفياRing 2–3North-west12.6————————
Ar Rayah حي الرايةRing 1–2North-west2.9—————334 170−62%
Bani Khidrah حي بني خدرةCentral areaSouth-east0.4————————
Al Masbah حي المسبعةBeyond 25 kmSouth-east72.0————————
Al Dhamiria حي الضميريةBeyond 25 kmSouth-east98.2————————
Dhaea حي ضعةBeyond 25 kmSouth-east45.3————————
Um Al Seouf حي ام السيوفRing 3 to 25 kmSouth-east21.7————————
Ghorab حي غرابBeyond 25 kmSouth-east70.0————————
Al Sharayie حي الشرائعRing 3 to 25 kmSouth-east13.1————————
Al Muzayiyn حي المزيينRing 3 to 25 kmSouth13.7————————
Bani Al Najjar حي بني النجارCentral areaNorth-east0.8————————
Hazrat Al Janoub حي حزرة الجنوبBeyond 25 kmSouth-east110.5————————
An Ngma حي الـنقـمىRing 2–3North11.6————————
Al Haram Al Sharif الحرم الشريفCentral areaNorth0.1—————8——
For investors

Where the market is deep, and where it is thin.

The two lists below use one rule set: within 20 km of the Prophet’s Mosque, at least six independent listings, and a 90% range that stays on one side of zero; the cheaper list also needs a live market — 30 or more registered deals in twelve months. They are a screen for further checks, not a recommendation: title, planning and legal checks are needed plot by plot.

Asking below the model, with a live market
DistrictZoneSAR / m²Index90% rangeListingsDeals, 12 months
Dhu Al Hulayfah حي ذو الحليفةRing 2–31 600−14%−17%…−10%1371
Raht حي رهطRing 2–31 138−12%−16%…−8%2072
Az Zahrah حي الزهرةRing 2–31 326−10%−15%…−6%2277
Asking above the model
DistrictZoneSAR / m²Index90% rangeListingsDeals, 12 months
Al Balqa حي البلقاءRing 3 to 25 km960+22%+11%…+26%1711
Bir Uthman حي بئر عثمانRing 2–33 500+19%+11%…+38%72
King Fahd حي الملك فهدRing 2–32 150+15%+10%…+19%35110
As Sad حي السدRing 2–32 600+10%+1%…+19%159
Wadi Mudhainib حي وادي مذينبRing 2–32 383+10%+5%…+16%30474

Where the deals are: registered deals, June–August against the eight months before

City-wide, 950 deals a month were registered in June–August against 825 in October–May. Districts with at least 24 deals in the earlier months; the price change is shown only where the sample is large and the mix of property types steady.

DistrictZoneDeals, 12 monthsPer month, Oct–MayPer month, Jun–AugChangeSAR / m², change
Al Jassah حي الجصةRing 2–384250.4119.7+138%−29%
As Suwaydra حي الصويدرةBeyond 25 km56628.090.3+223%−8%
Ar Ranuna حي الرانوناءRing 2–350544.041.0−7%−1%
Shuran حي شورانRing 2–348745.530.0−34%+9%
Wadi Mudhainib حي وادي مذينبRing 2–347443.234.3−21%+6%
Ayn Al Khif حي عين الخيفRing 2–346939.538.7−2%+17%
Nubala حي نبلاءRing 2–340233.036.7+11%−12%
As Sakb حي السكبRing 2–330522.433.0+47%−3%
Abyar Al Mashi حي ابيار الماشيBeyond 25 km25419.924.0+21%—
Al Aziziyah حي العزيزيةRing 2–319117.015.0−12%−10%
Al Hadra حي الهدراءRing 2–318317.111.7−32%—
Taibah حي طيبةRing 2–314614.29.7−32%—
Al Khadhra حي الخضراءRing 3 to 25 km14514.09.0−36%—
King Fahd حي الملك فهدRing 2–311010.06.7−33%—
Wadi Al Battan حي وادي البطانRing 3 to 25 km958.08.3+4%—
Az Zahrah حي الزهرةRing 2–3778.13.3−59%—
Raht حي رهطRing 2–3724.011.3+183%—
Dhu Al Hulayfah حي ذو الحليفةRing 2–3717.92.3−70%—
Al Ariydh حي العريضRing 1–2666.63.0−55%—
Abu Burayqa حي ابو بريقاءRing 2–3596.22.3−63%—
Josham حي جشمRing 2–3524.84.0−16%—
Al Mabuth حي المبعوثRing 2–3523.18.0+156%—
Wadi Mahzur حي وادي مهزورRing 1–2505.91.0−83%—
Ad Duwaikhilah حي الدويخلةRing 2–3433.64.7+29%—
Shidhat حي شظاةRing 2–3393.42.0−41%—
Ar Rayah حي الرايةRing 1–2333.51.3−62%—
Al Jabirah حي الجابرةRing 2–3243.00.0−100%—

Listings by total asking price, within 25 km

under SAR 300 00043 · 3.5%
SAR 300 000–600 000284 · 23.2%
SAR 0.6–1 million352 · 28.7%
SAR 1–2 million341 · 27.8%
SAR 2–5 million145 · 11.8%
SAR 5 million and over61 · 5.0%

57% of listings ask SAR 0.6–2 million. Between the first and second ring roads a plot usually asks SAR 2 million or more.

Zone × plot size: median SAR per m², with the number of listings
PlotRing 1–2Ring 2–3Ring 3 to 25 km
under 400 m²3 871 241 454 166950 77
400–699 m²4 292 361 608 3801 001 141
700–999 m²5 000 171 580 2041 120 33
1 000–2 499 m²4 813 141 765 821 468 5
2 500 m² and over4 100 111 000 31824 5
Commercial frontage: commercial or mixed use on a street of 30 m or more, against inner residential plots on streets under 20 m
ZoneCommercialResidentialPremium
Ring 1–26 000 114 005 24+50%
Ring 2–32 084 1701 547 278+35%
Ring 3 to 25 km1 443 48923 72+56%

Medians, SAR per m², with the number of listings. Distance is not held equal here.

Where most commercial frontage is on offer
DistrictZoneListingsSAR / m²Plot, m²
As Salam حي السلامRing 2–3202 030658
King Fahd حي الملك فهدRing 2–3142 554750
Al Aziziyah حي العزيزيةRing 2–3121 700750
Ad Difa حي الدفاعRing 2–3112 834871
Al Hisa حي الحساءRing 2–3111 272522
Al Matar حي المطارRing 3 to 25 km111 529619
Ar Ranuna حي الرانوناءRing 2–392 729625
Al Aqoul حي العاقولRing 3 to 25 km92 124603
Wadi Al Battan حي وادي البطانRing 3 to 25 km81 250600
Al Mundasa حي المندسةBeyond 25 km7300920

Risks

High

The region’s price index has been below its year-earlier level for six quarters

GASTAT, all property types, Madinah region, year on year: −1.4% in Q1 2025, then −3.2%, −8.0%, −6.1%, −5.0% and −4.5% in Q2 2026; −2.1% on the quarter in Q2 2026. The Kingdom rose 1.3% over the same year. Counting on a quick resale gain is a risk.

GASTAT Q2 2026

High

A wave of hotel supply

Rua Al Madinah plans 47 000 rooms and the Knowledge Economic City 42 000; hotel occupancy was 75.1% in the year to June 2026, but revenue per available room fell 2.4%. If the pilgrim targets slip, hotel land is hit first.

JLL / TTN

Medium

A narrow door for foreign buyers

Law in force since 22 January 2026: in Madinah only Muslim individuals and Saudi companies with foreign shareholders, only inside ten zones. A non-Saudi buyer pays a 2% REGA fee on top of the 5% real estate transaction tax. Check every plot on REGA’s map.

Argaam / REGA · REGA map · ZATCA

Medium

Asking price is not deal price

Registered land deals sit about 9% below the asking median of their district (161 deals in 38 districts). The Ministry’s monthly average price mixes flats, villas and land, so it cannot be set against asking prices directly. Before agreeing a price, look up the latest registered deals next to the plot on SREM.

Medium

Expropriation near the centre

Land has been taken for public use around the centre before: Dar Al-Hijrah was planned in 2014 to replace buildings removed for the mosque’s expansion. The terms for Rua Al Madinah are not public. Ask the Amanah for the planning status of any plot near the centre.

Al-Eqtisadiah

Low

Building rules are set plot by plot

Permitted floors vary by zone, and the only public description of Madinah’s floor system is a 2015 newspaper article. Check each plot in the Amanah’s Geographic Explorer and on Balady.

SPA

For architects

Plot, street and buildable area.

Divide the land cost by the area that may be built. For a villa, the permitted coverage — ground floor up to 75%, first floor up to 75%, roof annex up to 70% — gives a gross floor-area ratio of about 2.2.

Plot sizes on offer

under 400 m²288 · 1 318 SAR / m²
400–699 m²584 · 1 492 SAR / m²
700–999 m²286 · 1 480 SAR / m²
1 000–2 499 m²103 · 2 000 SAR / m²
2 500–9 999 m²34 · 1 685 SAR / m²
10 000 m² and over17 · 1 000 SAR / m²

Street widths on offer

under 15 m252 · 1 350 SAR / m²
15–19 m320 · 1 470 SAR / m²
20–29 m398 · 1 200 SAR / m²
30–39 m163 · 1 467 SAR / m²
40 m and over169 · 2 200 SAR / m²
Land cost per buildable m², villa, floor-area ratio 2.2
ZoneLand, SAR / m²SAR per buildable m²Median plot, m²600 m² at the median rate, SAR
Ring 1–24 3061 9576202 584 000
Ring 2–31 571714601943 000
Ring 3 to 25 km1 000455565600 000
Beyond 25 km400182629240 000
Whole city1 451660600871 000
Building rules

What to check before design

  • Villas (Ministry of Municipalities and Housing decision 1/4500943139, July 2024): two floors and a roof annex; ground and first floor up to 75% of the plot each, annex up to 70%.
  • On streets under 30 m the front setback is a fifth of the street width, at least 3 m; at least 2 m to side and rear streets and 1.5 m to neighbours. On streets of 30 m or more the front setback is at least 6 m. One parking space up to 400 m², two above.
  • Splitting a villa’s floors into separate homes needs at least 12 m of frontage for a detached villa, 10 m for an attached one.
  • Madinah’s floor system, as described in a 2015 newspaper article that may be out of date: four floors plus a 50% annex between the first and second ring roads north of Hijrah Road, eight floors only on large plots on wide streets.
  • Permits go through Balady and are filed by a licensed engineering office: electronic title deed, cadastral report, soil report and a Saudi Building Code review.
  • In the data: median plot 600 m², median street 20 m; 27% of the listings are corner plots or face two or more streets.

Decision (PDF) · Al-Madina 2015 · Amanah Geographic Explorer

Market context

Demand, supply and the big projects.

What sits behind the price map: the flow of registered deals, the official index, pilgrims and the hotel market, and the projects that are reshaping the city.

02505007501 000OctNovDecJanFebMarAprMayJunJulAugSep05001 0001 500
Bars: registered deals per month, all property types. Gold line: their average price per m², right-hand scale. September runs to the 24th only.
Official figures

Market temperature

  • Ministry of Justice, Madinah city: 10 133 deals worth SAR 10.66 billion from October 2025 to 24 September 2026, all property types; 950 a month in June–August against 825 in the eight months before.
  • GASTAT price index, Madinah region, all property types: −4.5% year on year and −2.1% on the quarter in Q2 2026, index 91.68 (2023 = 100). The Kingdom rose 1.3%; residential land nationally rose 6.3%.
  • Hotels: occupancy 75.1% and revenue per available room −2.4% in the year to June 2026 (JLL); tourist accommodation in Madinah was 82% full in Q1 2026, the highest in the Kingdom.
  • Visitors: 6.45 million visits to Madinah in Q1 2025; 18.03 million foreign Umrah pilgrims in 2025. City population 1 411 599 in the 2022 census.

GASTAT · JLL / TTN · SPA · GASTAT · GDN

East of the Haram

Rua Al Madinah

PIF project on 1.5 km²: 47 000 hotel rooms planned by 2030, the first phase due in 2026 — a step change in hotel supply around the Haram.

AGBI

East · Haramain station

Knowledge Economic City

6.8 million m² with targets of 42 000 hotel rooms and 45 000 homes in five districts; Madinah Gate beside the high-speed rail station has opened its first phase.

ECZA · TradeArabia

Transport

Airport phase II and bus rapid transit

The airport’s target is 17 million passengers by the end of 2027 (SAR 1.2 billion); the bus rapid transit network plans up to 500 stops covering most of the city by 2030.

PEP · Egis

Heritage corridors

Quba walkway and Sayyid al-Shuhada

A 3 km pedestrian path now links the Prophet’s Mosque and Quba; the 188 871 m² Sayyid al-Shuhada plaza by Uhud is offered as a 50-year investment.

SPA · SPA

Housing

National Housing Company

‘Shams’ in the west, on the third ring road, with 1 500+ homes; ‘Al-Mukaimman’ inside the Haram boundary, 3.5 million m² and 6 000 homes. Both compete with private land in the same segment.

NHC · NHC

Foreign capital

Ten ownership zones

Al-Ghurra, Madinah 1 and 2, Al-Mahwa, Dar Al-Hijrah, Downtown, Diyar Al-Maqarr, Rua Al Madinah, the Knowledge Economic City and Mishraf — for Muslim individuals and Saudi companies with foreign shareholders.

Argaam / REGA · REGA map

Method and sources

Where the numbers come from.

Listings

Every land-for-sale listing for Madinah on aqar.fm’s public pages, 1 609 on 24 September 2026. 84 prices entered per m² were converted to totals; 9 areas and 2 prices were corrected from the listing text; 178 duplicates, 14 invalid entries, 54 listings outside the city and 51 prices far out of line were removed, leaving 1 312. No seller’s personal data was kept.

Location and zones

Each listing is placed by its coordinates in one of the 118 official district polygons of the national address. Ring roads come from OpenStreetMap: King Faisal, King Abdullah and King Khalid roads; the third is drawn only where it is built. Land beyond the third ring is split at 25 km. Direction is the bearing from the Prophet’s Mosque.

Deals

From the Ministry of Justice Real Estate Exchange (SREM) public dashboard: twelve months of monthly deal counts, values and areas for the city and for each district, all property types. The average price per m² is value-weighted; months whose average deal is larger than 3 000 m² are left out. Land deals are the plot-type entries among the latest five deals SREM shows for each district. September 2026 runs to the 24th.

Model and value index

A hedonic regression on 1 226 listings within 25 km: the logarithm of the price per m² against distance and its square, plot size, street-width bands, use, corner position, direction and direction × distance. The value index is the median gap between a district’s listings and the model, with one seller’s repeated listings counted once and small samples pulled towards zero. Ranges come from resampling whole districts.

Limits

Asking prices are sellers’ expectations and deals usually close lower. Some brokers pin a listing to the middle of a district. Districts with fewer than eight listings are indicative; rental yields are not covered. For information only; not investment or legal advice.

Refresh

The collection and the calculations are documented step by step, so the study can be run again on new data — for instance each quarter, when GASTAT publishes its index.

Sources

  1. aqar.fm — أراضي للبيع، المدينة المنورة
  2. Ministry of Justice — Real Estate Exchange (SREM)
  3. GASTAT — Real Estate Price Index, Q2 2026
  4. REGA — Real Estate Indicators
  5. REGA — zones open to non-Saudi ownership
  6. Argaam — REGA on the zones open to non-Saudi ownership
  7. Greenberg Traurig — implementing regulations of the foreign-ownership law
  8. Ajel — Cabinet decision of 23 June 2026
  9. Ajel — the «حد الحرم» road signs, 3 May 2021
  10. ZATCA — Real Estate Transaction Tax
  11. Ministry of Municipalities and Housing — residential building requirements (PDF)
  12. Al-Madina — Madinah’s floor system, 10 November 2015
  13. SPA — the Amanah’s Geographic Explorer
  14. Saudi Arabia regions, cities and districts (national address boundaries)
  15. OpenStreetMap
  16. TTN — JLL Saudi hotel market, Q2 2026
  17. SPA — Madinah leads hotel occupancy, Q1 2026
  18. GASTAT — visitors to Madinah, Q1 2025
  19. GDN — PEP annual report 2025 (Umrah pilgrims)
  20. AGBI — Rua Al Madinah
  21. Argaam — Dar Al-Hijrah master plan, 2025
  22. Al-Eqtisadiah — Dar Al-Hijrah, 2014
  23. ECZA — Knowledge Economic City
  24. TradeArabia — Knowledge Economic City, September 2026
  25. PEP — Madinah airport, phase II
  26. Egis — Madinah bus rapid transit
  27. SPA — the Quba pedestrian path
  28. SPA — Sayyid al-Shuhada investment opportunity
  29. NHC — Shams
  30. NHC — Al-Mukaimman
  31. Alukah — the boundary of Madinah’s Haram

These are observations, not forecasts. Every price above is an asking price counted off a public listing or a deal registered with the Ministry of Justice; the other figures are computed from those listings or quoted from GASTAT and REGA, each with its sample or source beside it. No yield is derived from any of it, and none of it is investment or legal advice.

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