Average real estate prices in Nawan neighborhood, Al Mikhwah (2026)

Nawan Summary (2026): Median price per sqm in Nawan, Al Mikhwah is 98 SAR/m². Recorded transactions: 1,642. Compound annual growth: +5.8%. Source: Raghdan Real Estate Platform (raghdan.sa).

Overview of Nawan District

Nawan is located in Al Mikhwah 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.

Nawan Market Data

Real estate data for Nawan, Al Mikhwah — Raghdan Real Estate 2026
MetricValue
Average Price per sqm98 SAR/m²
Recorded Transactions1,642
Year-over-Year Change+5.8%

Nawan Compared to Other Al Mikhwah Districts

Nawan ranks 7 out of 9 priced districts in Al Mikhwah by average price per square meter. Its average of 98 SAR/m² is below the Al Mikhwah average of 647 SAR/m² by 84.9%. For context, the most expensive district in Al Mikhwah is Almlh (2,230 SAR/m²) and the most affordable is Kharj Hdwd Alahya' (84 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 Mikhwah
Active MarketAl MikhwahLast updated: August 7, 2026

Residential Property Index — Nawan

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

Median Residential Price per m²
98/ m²
Price per Square Meter Trend2021 - 2026 (Q2)
Key Indicators

Neighborhood Performance Overview

Compound Annual Growth
+5.8%
20212025·excludes partial 2026
Common Trading Range
41206
Half of all deals fall inside this range
Recorded Transactions
1,642deals
cumulative · 2020 - 2026 (Q2)
Price Calculation Period
12months
last deal 2026-06-30
Market Position

Where does Nawan sit on Al Mikhwah's price map?

From the bottom 5% of neighborhoods (87) to the top 5% (2,187) — this is where Nawan lands.

Difference vs. city average
-79%below average
City neighborhoods average458/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 · 2021 - 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 Nawan costs 98 SAR — the median of 112 residential transactions over the last 12 months. That is 79% below the city districts average (458 SAR).

Value trend

Value trend: rising. The price per square metre rose 6% a year between 2021 and 2025 — that is a total rise of about 25% over 4 years. 2026 data is still partial and is excluded from the calculation. The reading is current to the last valid transaction on 2026-06-30.

Market activity

The district has seen 1,642 transactions since 2021, averaging about 350 a year and peaking at 624 in 2021. 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.

Sale market activityModerate activity

Nawan recorded an average of 9.3 executed sales per month over the twelve-month window (112 transactions), placing it in the top 50% of Al Mikhwah districts by trading activity. Compared across 1 eligible districts; city median 9.3 per month. This describes executed-transaction pace — not market share.

Price per sqm change — current vs previous period

Median price per sqm over the latest 12 complete months compared with the preceding 12 complete months.

PRO

Median price per sqm in the current period was 98 SAR/m² across 112 transactions, versus 103 SAR/m² in the previous period across 217 transactions — down 4.9%, within the same classification. Current period July 2025 — June 2026; previous July 2024 — June 2025. Based on executed sale transactions.

Market status

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

PRO
Executed sale transactions
112
transactions over a 12-month window
Median transaction area
465
Median area of executed transactions in the same classification
Common price per sqm range
41206 SAR/m²
About half of transactions fall within this range
Last documented transaction
June 30, 2026
Most recent executed sale within the data window

Executed price per sqm trend

Median price per sqm of executed transactions across the last 6 published months through the end of Q2 2026

PRO
8395107119131April 2026: 4 transactions — insufficient sample for a median price per sqmno sampleJanFebMarAprMayJun

Median price per sqm moved from 96 to 119 SAR/m² between January 2026 and June 2026 — up 24.0%, across the months with a sufficient sample of executed sale transactions in the same classification, within January 2026 — June 2026. No median was computed for April due to an insufficient number of transactions.

Monthly sale transaction volume

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

PRO
036101311864610JanFebMarAprMayJun

45 sale transactions were recorded across the six months shown, averaging 7.5 per month. Peak activity was in January 2026 with 11 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 98 SAR/m², against the district median of 98 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 41 to 206, across 112 executed transactions.

Figures are statistical indicators from documented transactions and may differ from any individual property.2021 - 2026 (Q2)

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