15% drop in real estate prices in Saudi Arabia since 2014

A general view of Dar Al-Arkan's Al Qasr construction project in Riyadh

    The decline in the fourth quarter of 2017 if compared to the fourth quarter of 2016 is 3.2%

    JEDDAH — There’s been 15 percent drop in real estate price from 2014 to 2017 is 15 percent said Abdullah Al-Batil, deputy governor of the General Authority for Statistics (GAS). The decline in the fourth quarter of 2017 if compared to the fourth quarter of 2016 is 3.2 percent.

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