Dammam dominates KSA residential property growth as quarterly sales values climb 71% to SAR3.6 billion – Cavendish Maxwell
Dammam is dominating Saudi Arabia’s residential property sector growth, with quarterly sales values rising 71% to reach SAR3.6 billion in Q1 2026, according to new insights from leading real estate advisory and property consultancy, Cavendish Maxwell. Around 2,900 homes were sold in Dammam from January to March this year, up 41% on Q4 2025, when sales values stood at SAR2.1 billion. Compared to Q1 last year, sales volumes in Dammam were 25% higher, with values up 48%. Despite regional tensions, March 2026 saw the highest monthly sales in Dammam with 1,265 transactions, reinforcing the resilience of the housing sector in the city, the company said. Cavendish Maxwell’s latest analysis of Saudi Arabia’s residential property market also reveals a quarterly rise in transaction volumes and values in Riyadh, with 8,800 sales worth a total of SAR13.4 billion in Q1 2026, representing an increase of nearly 12% and more than 4% respectively ...