How much money does a person working in Real Estate make in Saudi Arabia?
18,525 SAR per month
Average Monthly Salary
A person working in Real Estate in Saudi Arabia typically earns around 18,525 SAR per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Real Estate jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries for specific jobs
|Acquisition Associate||12,791 SAR|
|Assistant Leasing Manager||17,231 SAR|
|Assistant Property Manager||16,825 SAR|
|Commercial Leasing Manager||23,346 SAR|
|Commercial Real Estate Manager||26,614 SAR|
|Community Development Manager||22,261 SAR|
|Compliance Specialist||14,915 SAR|
|Development Coordinator||13,166 SAR|
|Lease Administrator||16,312 SAR|
|Leasing Agent||14,135 SAR|
|Leasing Consultant||16,261 SAR|
|Leasing Manager||18,701 SAR|
|Lettings Assistant||10,158 SAR|
|Portfolio Analyst ||21,843 SAR|
|Portfolio Manager||24,080 SAR|
|Property Acquisition Agent||15,012 SAR|
|Property and Claims Specialist||16,265 SAR|
|Property Manager||20,413 SAR|
|Property Operations Manager||22,843 SAR|
|Property Tax Assistant||13,170 SAR|
|Real Estate Administrator||15,536 SAR|
|Real Estate Agent||13,801 SAR|
|Real Estate Analyst||18,240 SAR|
|Real Estate Appraiser||18,660 SAR|
|Real Estate Assistant||13,205 SAR|
|Real Estate Association Manager||17,628 SAR|
|Real Estate Broker||14,848 SAR|
|Real Estate General Manager||24,324 SAR|
|Real Estate Project Manager||19,604 SAR|
|Real Estate Sales Agent||13,286 SAR|
|Real Estate Valuer||17,674 SAR|
|Research Analyst||15,357 SAR|
|Residential Advisor||15,826 SAR|
|Residential Property Manager||18,413 SAR|
|Shopping Center Manager||22,184 SAR|
|Town Planner||24,945 SAR|
Real Estate Jobs Salary Distribution in Saudi Arabia
Abount These Figures: Salary Range, Median and Percentiles
The Real Estate salaries in Saudi Arabia range between 10,148 SAR per month (minimum salary) to 28,997 SAR per month (maximum salary).
The median salary is 17,969 SAR per month, which means that half (50%) of people working in Real Estate are earning less than 17,969 SAR while the other half are earning more than 17,969 SAR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Real Estate are earning less than 12,653 SAR while 75% of them are earning more than 12,653 SAR. Also from the diagram, 75% of people working in Real Estate are earning less than 22,074 SAR while 25% are earning more than 22,074 SAR.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Real Estate Salary Forecast and Trend in Saudi Arabia
How do Real Estate salaries change over time? Listed below is a chart that shows the average salary in recent years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +2% |
|Average Salary 2019|| +2% |
Percentage increase and decrease are relative to the previous value
Real Estate salaries in Saudi Arabia are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Real Estate Hourly Average Wage in Saudi Arabia
107 SAR per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Saudi Arabia for Real Estate is 107 SAR. This means that the average person in Saudi Arabia earns approximatly 107 SAR for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
Real Estate VS Other Jobs
We compared Saudi Arabia salaries for Real Estate and All Jobs and we found that Real Estate salaries are 10% more than those of All Jobs.
Salary Comparison By City
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