Is it profitable to do Airbnb in Madinah, Saudi Arabia?
What is the occupancy rate of Airbnb in Madinah, Saudi Arabia?
What is the average daily rate of Airbnb in Madinah, Saudi Arabia?
Saudi Arabia / Madinah
Madinah, Airbnb Market Statistics & Data, Saudi Arabia
A typical short-term rental listing in Madinah is booked for 161 nights a year, with a median occupancy rate of 44% and an average daily rate of SAR232. In 2023, a typical host income (annual revenue) was SAR36K. As of 12th September, 2024, there are 1,225 active Airbnb listings.
Average Revenue: SAR36K/yr
Occupancy Rate
44%
Avg Daily Rate
SAR232
Budget
No. of Listings
1,380
Medium
YoY Revenue Change
-27.17%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
SAR1,708
Average
SAR2,980
High
SAR5,253
Is Airbnb Profitable in Madinah?
No, there is good short-term rental demand. A 44% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Madinah
Short-term rental regulation is lenient in Madinah. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Madinah
A typical listing recorded a 44% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 79.15% of the guests are international guests, and visitors from Saudi arabia is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 44%
1,225 Active Listings
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Explore Madinah's Airbnb Data ⟶
Best Areas in Madinah for Airbnb
Are you wondering where to invest in Madinah? Look no further!
- Al Madinah
- Al Bada'i' Street
- Souk Al-Hamidiyah
- Masjid Quba
- Uhud Mountain
- The Seven Mosques
- King Fahd Glorious Quran Printing Complex
- Quba Mosque
- Al Noor Mall
- Al Haram
Top demand Airbnb in Madinah
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,225 listings.
See 1,225 listing Statistics
Professional Short-term rental property managers in Madinah
We've compiled a list of host profiles that manage the most Airbnb properties in Madinah. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Madinah
Here is a breakdown of short-let properties in Madinah. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type