Abstract:
The purpose of this study is to try to predict the prices of real estate. specifically, villas
in different areas of Riyadh by creating simple equations that help estimate the price
based on a number of variables the most important of which is the required space for
villa. Data were collected from 2019 to the first quarter of 2022, which were 3469 deals.
we used the method of simple and multiple linear regression and the use of the statistical
program SPSS to find the required equations and deals.
In Riyadh most of the deals were in the north, and the least was in the south, which
accounted for 13% of the total transactions, and the availability of services in the
neighborhood makes a significant difference in the number of deals in it and demand,
also the proximity of the neighborhood to new projects makes a difference but less.
It was also noted that prices in the north of Riyadh are constantly increasing and that
the area factor is insignificant in the west and south, which shows that the trend of buyers
of small spaces in the north in particular is caused by the rise in prices that vary in the
south and west where the area variable becomes minor, and the correlation weakens