Average real estate prices in 1023 Mkhtt Rqm neighborhood, Al Quwaiyah (2026)

1023 Mkhtt Rqm Summary (2026): Median price per sqm in 1023 Mkhtt Rqm, Al Quwaiyah is 43 SAR/m². Recorded transactions: 17. Compound annual growth: +28.3%. Source: Raghdan Real Estate Platform (raghdan.sa).

Overview of 1023 Mkhtt Rqm District

1023 Mkhtt Rqm is located in Al Quwaiyah and is considered an active real estate area. This page provides comprehensive analysis of the property market in the district, helping investors and buyers make informed decisions.

1023 Mkhtt Rqm Market Data

Real estate data for 1023 Mkhtt Rqm, Al Quwaiyah — Raghdan Real Estate 2026
MetricValue
Average Price per sqm43 SAR/m²
Recorded Transactions17
Year-over-Year Change+28.3%

1023 Mkhtt Rqm Compared to Other Al Quwaiyah Districts

1023 Mkhtt Rqm ranks 23 out of 25 priced districts in Al Quwaiyah by average price per square meter. Its average of 43 SAR/m² is below the Al Quwaiyah average of 297 SAR/m² by 85.5%. For context, the most expensive district in Al Quwaiyah is Alkhlyj (1,220 SAR/m²) and the most affordable is As Salam (14 SAR/m²).

Available Data

  • Average price per square meter in Saudi Riyal
  • Total number of executed real estate transactions
  • Year-over-year price change percentage
  • Comparison with city average
  • Price trend analysis over the years
  • Historical data from 2018 to 2026
Back to Al Quwaiyah
Limited MarketAl Quwaiyah · Southwest of the CityLast updated: August 7, 2026

Residential Property Index — Subdivision 1023

A visual read of the Subdivision 1023 residential market and average prices, trading volume, value trend, and where it sits among the city's neighborhoods.

Median Residential Price per m²
43/ m²
Price per Square Meter Trend2022 - 2026 (Q2)
Key Indicators

Neighborhood Performance Overview

Compound Annual Growth
+28.3%
20222025·excludes partial 2026
Common Trading Range
3084
Half of all deals fall inside this range
Recorded Transactions
17deals
cumulative · 2020 - 2026 (Q2)
Price Calculation Period
24months
last deal 2026-06-04
Market Position

Where does Subdivision 1023 sit on Al Quwaiyah's price map?

From the bottom 5% of neighborhoods (37) to the top 5% (1,049) — this is where Subdivision 1023 lands.

Rank among 24 residential neighborhoods in Al Quwaiyah
#22most expensive
Difference vs. city average
-81%below average
Priced above 2 neighborhoodsIn the top 92% of Al Quwaiyah's residential neighborhoodsCity neighborhoods average222/m²
Visual Analysis

Market Insights in Numbers and Charts

Value trends, transaction volume, and comparison with neighboring districts.

Price per Square Meter Trend

2026 partial

Value in SAR per square meter

Average price per m²Incomplete period

Annual Transaction Volume

2026 partial

Documented transactions per period

Complete yearMay still rise

Sale transactions by property classification

Share of each classification of all sale transactions · 2022 - 2026 (Q2)

Market Analysis

Neutral data reading

A description of what the data shows, with no buy or sell recommendation.

Price tier

Price level: low. A square metre in Subdivision 1023 costs 43 SAR — the median of 11 residential transactions over the last 24 months. That is 81% below the city districts average (222 SAR), placing the district 22nd of 24 by price per square metre.

Value trend

Value trend: rising. The price per square metre rose 28% a year between 2022 and 2025 — that is roughly a doubling over 3 years. 2026 data is still partial and is excluded from the calculation. The reading is current to the last valid transaction on 2026-06-04.

Market activity

Market activity: low. The district has seen 17 transactions since 2022, and peaking at 6 in 2024 — the 21st of 24 by trading volume. Recent months' transactions arrive late from the Ministry of Justice, so their count rises later.

Professional Analysis

A Deeper Reading of Sale Market Movement

Indicators derived from executed sale transactions, measuring trading activity, price direction and liquidity over time.

Market status

Summary of executed sale transactions and market status in the current data window

PRO
Executed sale transactions
11
transactions over a 24-month window
Median transaction area
690
Median area of executed transactions in the same classification
Common price per sqm range
3084 SAR/m²
About half of transactions fall within this range
Last documented transaction
June 4, 2026
Most recent executed sale within the data window

Monthly sale transaction volume

Executed sale transactions per month across the last 6 published months through the end of Q2 2026

PRO
00111000001JanFebMarAprMayJun

1 sale transactions were recorded across the six months shown, averaging 0.2 per month. Peak activity was in June 2026 with 1 transactions. Window January 2026 — June 2026, the last 6 published months through the end of Q2 2026. Recent-month counts may increase as transaction registration is completed.

Decision tool

Is the price you were offered fair?

Enter the area and asking price to see where it sits against the market median for the same size segment.

Your figure is compared against this district's published common range within its classification — not the city average.

Within market range

Your price per sqm is 43 SAR/m², against the district median of 43 SAR/m² — a difference of 0.0%.

The price falls within the common range for this segment in the district. The district's common range is 30 to 84, across 11 executed transactions.

Figures are statistical indicators from documented transactions and may differ from any individual property.2022 - 2026 (Q2)

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