Calculate your total costs for buying residential, commercial, apartment, or Airbnb property in Saudi Arabia — including Real Estate Transaction Tax (RETT), closing costs, and mortgage expenses. See gross yield, net yield, cash-on-cash return, and a 10-year investment projection. Read the Saudi Arabia buying guide
Frequently asked questions
How is Real Estate Transaction Tax (RETT) calculated in Saudi Arabia?
Real Estate Transaction Tax (RETT) in Saudi Arabia is a flat rate of 5.0% of the purchase price. 5% Real Estate Transaction Tax on all property purchases, paid at the time of notarization via ZATCA. Replaced 15% VAT on residential property (April 2025). No progressive brackets — flat rate regardless of property value or buyer nationality.
What are the closing costs when buying property in Saudi Arabia?
When purchasing property in Saudi Arabia, typical closing costs include: Real Estate Transaction Tax (RETT), Title Deed Registration, Notary / Attestation Fee, Legal Fees, Municipal Administrative Fees, Mortgage Registration Fee, Bank Valuation Fee. These are paid by the buyer at or before completion, in addition to the purchase price and Real Estate Transaction Tax (RETT).
What ongoing costs should I budget for as a property owner in Saudi Arabia?
Ongoing costs for property owners in Saudi Arabia typically include: Property Insurance, Maintenance Reserve. These are annual costs that should be factored into your rental yield and cash flow calculations.
Is there capital gains tax on property in Saudi Arabia?
Saudi Arabia does not currently charge capital gains tax on property sales. Saudi Arabia does not impose capital gains tax on property sales for individuals. The 5% RETT on the sale transaction is the only exit tax. Note: foreign-owned companies pay 20% corporate income tax on gains; Saudi/GCC-owned entities pay 2.5% Zakat instead.
For a detailed breakdown, read the Saudi Arabia property buying guide.