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Al Khobar Villas

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  • 5 Bedroom Villa for Sale in Qurtoba, Al Khobar - Villa For Sale in Qurtoba, Al Khobar
    Osama Abdullah
    TruBroker

    1,500,000

    Villa
    57
    Area:

    250 Sq. M.

    Villa For Sale in Qurtoba, Al Khobar

    Qurtoba, Al Khobar

    Abdullah Suleiman Al Sharekh Trading Contracting Company and Partners Ltd
  • 6 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    1,350,000

    Villa
    63
    Area:

    363 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 6 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    960,000

    Villa
    66
    Area:

    275 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 5 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    1,350,000

    Villa
    53
    Area:

    363 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 6 Bedroom Villa for Sale in Al Lulu, Al Khobar - Villa For Sale in Al Lulu, Al Khobar

    1,500,000

    Villa
    63
    Area:

    437 Sq. M.

    Villa For Sale in Al Lulu, Al Khobar

    Al Lulu, Al Khobar

  • 7 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    1,350,000

    Villa
    76
    Area:

    363 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 5 Bedroom Villa for Sale in Al Lulu, Al Khobar - Villa For Sale in Al Lulu, Al Khobar

    1,200,000

    Villa
    53
    Area:

    375 Sq. M.

    Villa For Sale in Al Lulu, Al Khobar

    Al Lulu, Al Khobar

  • 6 Bedroom Villa for Sale in Al Sawari, Al Khobar - Villa For Sale in Al Sawari, Al Khobar

    1,350,000

    Villa
    67
    Area:

    427 Sq. M.

    Villa For Sale in Al Sawari, Al Khobar

    Al Sawari, Al Khobar

  • 5 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    1,350,000

    Villa
    53
    Area:

    363 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 5 Bedroom Villa for Sale in Al Lulu, Al Khobar - Villa For Sale in Al Lulu, Al Khobar

    1,200,000

    Villa
    53
    Area:

    375 Sq. M.

    Villa For Sale in Al Lulu, Al Khobar

    Al Lulu, Al Khobar

  • 5 Bedroom Villa for Sale in Ash Shifa, Al Khobar -  New Duplex Villas for Sale – Al-Buhaira District (Aziziyah), Al-Shifa – Al Khobar
    Roshn Al Sharq Real Estate
    TruBroker

    1,400,000

    Villa
    55
    Area:

    350 Sq. M.

    New Duplex Villas for Sale – Al-Buhaira District (Aziziyah), Al-Shifa – Al Khobar

    Ash Shifa, Al Khobar

    Roshn Al Sharq Real Estate
  • 11 Bedroom Villa for Sale in Al Lulu, Al Khobar - Villa For Sale, Al Lulu , Al Khobar
    Adel bin Abdul Rahman bin Ahmed Al Said Real Estate Establishment
    TruBroker

    2,500,000

    Villa
    117
    Area:

    866 Sq. M.

    Villa For Sale, Al Lulu , Al Khobar

    Al Lulu, Al Khobar

    Adel bin Abdul Rahman bin Ahmed Al Said Real Estate Establishment
  • 9 Bedroom Villa for Sale in Al Lulu, Al Khobar - Villas for sale in Al Lulu, Al Khobar

    1,360,000

    Villa
    97
    Area:

    437 Sq. M.

    Villas for sale in Al Lulu, Al Khobar

    Al Lulu, Al Khobar

    Abdullah Mohammed Al Tabeeshi Real Estate Development and Investment Company
  • 6 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa for sale in al-amwaj neighborhood, modern finishing, very prime location

    1,200,000

    Villa
    66
    Area:

    316 Sq. M.

    Villa for sale in al-amwaj neighborhood, modern finishing, very prime location

    Al Amwaj, Al Khobar

    Sakn Al Maali Real Estate
  • 5 Bedroom Villa for Sale in Qurtoba, Al Khobar - 5 Bedroom Villa For Sale in Qurtoba, Al Khobar

    2,300,000

    Villa
    55
    Area:

    320 Sq. M.

    5 Bedroom Villa For Sale in Qurtoba, Al Khobar

    Qurtoba, Al Khobar

    Al Sukouk Al Dhahabiya Real Estate Office
  • 6 Bedroom Villa for Sale in Al Aqiq, Al Khobar - Duplex Villa for Sale in Al Aqiq, Al Khobar

    1,200,000

    Villa
    65
    Area:

    316 Sq. M.

    Duplex Villa for Sale in Al Aqiq, Al Khobar

    Al Aqiq, Al Khobar

    Al-Ajami Real Estate Company
  • 7 Bedroom Villa for Sale in Al Lulu, Al Khobar - Villa For Sale in Al Lulu, Al Khobar

    1,100,000

    Villa
    77
    Area:

    302 Sq. M.

    Villa For Sale in Al Lulu, Al Khobar

    Al Lulu, Al Khobar

  • 7 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    1,550,000

    Villa
    75
    Area:

    480 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 4 Bedroom Villa for Sale in Al Lulu, Al Khobar - Villa For Sale in Al Lulu, Al Khobar

    900,000

    Villa
    41
    Area:

    211 Sq. M.

    Villa For Sale in Al Lulu, Al Khobar

    Al Lulu, Al Khobar

  • 5 Bedroom Villa for Sale in Al Lulu, Al Khobar - Duplex Villas for Sale – Al-Lulu District, Aziziyah – Al Khobar

    900,000

    Villa
    57
    Area:

    236 Sq. M.

    Duplex Villas for Sale – Al-Lulu District, Aziziyah – Al Khobar

    Al Lulu, Al Khobar

  • 7 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    960,000

    Villa
    75
    Area:

    275 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 7 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    960,000

    Villa
    75
    Area:

    275 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 7 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    1,350,000

    Villa
    76
    Area:

    363 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 7 Bedroom Villa for Sale in Al Amwaj, Al Khobar - Villa For Sale in Al Amwaj, Al Khobar

    1,550,000

    Villa
    75
    Area:

    480 Sq. M.

    Villa For Sale in Al Amwaj, Al Khobar

    Al Amwaj, Al Khobar

  • 5 Bedroom Villa for Sale in Al Lulu, Al Khobar - Villa For Sale in Al Lulu, Al Khobar

    1,200,000

    Villa
    53
    Area:

    375 Sq. M.

    Villa For Sale in Al Lulu, Al Khobar

    Al Lulu, Al Khobar

Drop In Villas’ Sales Due To High Prices

Experts in the real estate market in the eastern region confirmed that the real estate market is witnessing a remarkable and clear reluctance by customers to buy villas; and that is because of the continuous rise in prices. Some investors said that the revenues of building villas are 200 to 300 thousand Riyals, and from 50 to 100 thousand Riyals for each freehold apartment. They added that the prices of the villas and the duplexes became extremely high making it very difficult for the people to try to buy villas. A villa's area is 400 square meters, and its price can reach two to three million Riyals and that depends on its place and area, they also mentioned that the villas and duplexes' market witnessed a noticeable sales decline by 20% compared to the last period.

Are Apartments The Solution?

"Demand and supply" controls every real-estate market worldwide and this is also the case in the Saudi market. In both the land sector and varied housing unites like villa, duplexes and freehold apartment. Most people in the eastern region "Al-Sharqiyah" prefer Al-Khobar to the other cities and villa provinces when buying and consequently, the prices of lands increased to 10-30% because of its geographical location, its modern infrastructure, and the needed facilities and services available in it. There is a huge disparity in the prices of the housing units, many Saudis find it cheaper to buy apartments than villas for many reasons, first and foremost: the lack of money and the lack of companies specializing in financing those of low-income. The eastern province still needs more than 20 to 30 thousand housing units a year, and this number is increasing as a result of the significant shortage of the development companies and the lack of creating and introducing new systems that contribute to encourage companies specializing in finance and development. Villas' prices in khobar are about 30% higher than their prices in Al-Dammam, knowing that the real estate market is mature now so the traditional thinking is not acceptable. Moreover the market doesnt meet the needs and desires of most of the buyers; that's why the development companies should innovate products that suit the current stage of the real estate market.The sufficient funding is also very necessary since the current period is considered a great opportunity for funding. Development companies always demand and ask to focus on houses and the economical units that don't cost much but at the same time meet the demands and needs of the society, especially those of low-income. The freehold apartments and the economical houses are more suitable for the Saudi citizen because of their reasonable prices and because they are available in different areas and prices. Let's not forget that there are people who always look for villas of large areas and excellent finishing, so their needs should be met properly as well.