Ejar index records over 176,000 deals in April

Riyadh city

Ejar Index recorded more than 176,000 rental deals in April 2023.

 

The number of housing rental deals exceeded 152,000 in April, compared to 23,000 commercial deals.

 

The rental index in April included more than 160 cities and governorates that were added recently, to cover all of the Kingdom's regions.

 

Rental Index in April 2023

Rental deals

176,000

Housing rental deals

152,000

Commercial rental deals

23,000

Number of cities, governorates included in index

160

 

Riyadh led the list with the highest number of rental deals in April, recording 50,000 housing and commercials deals, or 28% of the total. It was followed by Jeddah with about 30,000.

 

Cities with Highest Number of Deals in April 2023

City

Number of Deals (‘000)

Percentage of Total Deals

Riyadh

50.0

28%

Jeddah

30.0

17%

Dammam

9.0

5%

Makkah

8.4

5%

Madinah

7.9

4%

Other cities

71.0

40%

Total

176.0

100%

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