Average real estate prices in Mkhtt Alrashdya 2 Mjaz neighborhood, Makkah (2026)

Mkhtt Alrashdya 2 Mjaz Summary (2026): Median price per sqm in Mkhtt Alrashdya 2 Mjaz, Makkah is 1,125 SAR/m². Recorded transactions: 18 (cumulative · 2020 - 2024 (Q2)). Compound annual growth: +35.2%. Source: Raghdan Real Estate Platform (raghdan.sa).

Overview of Mkhtt Alrashdya 2 Mjaz District

Mkhtt Alrashdya 2 Mjaz is located in Makkah 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.

Mkhtt Alrashdya 2 Mjaz Market Data

Real estate data for Mkhtt Alrashdya 2 Mjaz, Makkah — Raghdan Real Estate 2026
MetricValue
Median Price per sqm1,125 SAR/m²
Recorded Transactions18 (cumulative · 2020 - 2024 (Q2))
Compound Annual Growth+35.2%

Mkhtt Alrashdya 2 Mjaz Compared to Other Makkah Districts

Mkhtt Alrashdya 2 Mjaz ranks 227 out of 292 residential neighborhoods in Makkah by median price per square meter. Its median of 1,125 SAR/m² is 58% below the average of Makkah's residential neighborhoods (2,665 SAR/m²). Prices across Makkah's residential neighborhoods run from 499 SAR/m² (bottom 5%) to 6,892 SAR/m² (top 5%).

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: 2020 - 2024 (Q2)
Back to Makkah
Limited MarketMakkahLast updated: August 7, 2026

Residential Property Index — Mkhtt Alrashdya 2 Mjaz

A visual read of the Mkhtt Alrashdya 2 Mjaz residential market and average prices, trading volume, value trend, and where it sits among the city's neighborhoods.

Median Residential Price per m²
1,125/ m²
Price per Square Meter Trend2020 - 2024 (Q2)
Key Indicators

Neighborhood Performance Overview

Compound Annual Growth
+35.2%
20202023·excludes partial 2024
Common Trading Range
1,050–1,219
Half of all deals fall inside this range
Recorded Transactions
18deals
cumulative · 2020 - 2024 (Q2)
Price Calculation Period
36months
last deal 2024-05-20
Market Position

Where does Mkhtt Alrashdya 2 Mjaz sit on Makkah's price map?

From the bottom 5% of neighborhoods (499) to the top 5% (6,892) — this is where Mkhtt Alrashdya 2 Mjaz lands.

Rank among 292 residential neighborhoods in Makkah
#227most expensive
Difference vs. city average
-58%below average
Priced above 65 neighborhoodsIn the top 78% of Makkah's residential neighborhoodsCity neighborhoods average2,665/m²
Visual Analysis

Market Insights in Numbers and Charts

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

Price per Square Meter Trend

2024 partial

Value in SAR per square meter

Average price per m²Incomplete period

Annual Transaction Volume

2024 partial

Documented transactions per period

Complete yearMay still rise

Sale transactions by property classification

Share of each classification of all sale transactions · 2020 - 2024 (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 Mkhtt Alrashdya 2 Mjaz costs 1,125 SAR — the median of 6 residential transactions over the last 36 months. That is 58% below the city districts average (2,665 SAR), placing the district 227th of 292 by price per square metre.

Value trend

Value trend: rising. The price per square metre rose 35% a year between 2020 and 2023 — that is a total rise of about 147% over 3 years. 2024 data is still partial and is excluded from the calculation. The reading is current to the last valid transaction on 2024-05-20.

Market activity

Market activity: low. The district has seen 18 transactions since 2020, and peaking at 7 in 2022 — the 216th of 292 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
6
transactions over a 36-month window
Median transaction area
400 m²
Median area of executed transactions in the same classification
Common price per sqm range
1,050 – 1,219 SAR/m²
About half of transactions fall within this range
Last documented transaction
May 20, 2024
Most recent executed sale within the data window
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 1,125 SAR/m², against the district median of 1,125 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 1,050 to 1,219, across 6 executed transactions.

Figures are statistical indicators from documented transactions and may differ from any individual property.2020 - 2024 (Q2)

Raghdan Real Estate Platform - a Saudi electronic real estate platform

Raghdan Real Estate Platform (منصة رغدان العقارية) is a Saudi electronic real estate platform operated by RAGHDAN HOLDING COMPANY and licensed by the Real Estate General Authority (REGA) under FAL electronic-platform licence no. 1200005574. We provide professional real estate marketing services, property management, brokerage contracts, and comprehensive real estate reports and analytics. More than 27,000 real estate marketers are registered on the Raghdan Real Estate Platform, with each marketer's individual FAL licence verified before they are approved as a marketer on the platform; a marketer's licence details and status are shown on their profile when available.

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