Camel market value hits SAR 492 million at Crown Prince Camel Festival finals

A total of 114 camels will compete tomorrow in the four final races of the 2026 Crown Prince Camel Festival, with an estimated market value ranging from SAR 270 million to SAR 492 million, according to camel racing experts. This reflects the significant investment value of the camels vying for the “Sword and Rifle” trophies.

The participants are distributed as follows: 35 camels in the first race, 13 in the second, 46 in the third, and 20 in the fourth, featuring elite camels from Saudi Arabia and the Gulf region.

Camel owner and racing expert Abdullah Al-Sharif explained that the market value of a single camel in the “Heil” races ranges between SAR 3 million and SAR 6 million, while in the “Zamoul” races it is between SAR 1.5 million and SAR 2 million. He noted that some camels exceed SAR 7 million or SAR 8 million, depending on their record, achievements, and lineage.

He added that reaching the final symbol races further increases a camel’s market value, highlighting that previous achievements, production value, and pedigree are among the main factors influencing prices, alongside the level of competition and the prizes on offer.

The eighth edition of the Crown Prince Camel Festival concludes tomorrow at the historic Taif Camel Racing Track, under the patronage of Crown Prince and Prime Minister Mohammed bin Salman, and organized by the Saudi Camel Federation, with total prizes exceeding SAR 50 million.