Quick reference: Riyadh Class A rent is 2200 SAR/sqft ($587 USD), typical term 5 years, 4 months free.
Class A rent: 2200 SAR/sqft/yr ($587 USD).
Typical term: 5 years.
Typical rent-free: 4 months.
Vacancy: 4.6%.
Riyadh Class A office: frequently asked questions
Quick reference: Riyadh Class A rent is 2200 SAR/sqft ($587 USD), typical term 5 years, 4 months free.
TL;DR
Class A rent: 2200 SAR/sqft/yr ($587 USD).
Typical term: 5 years.
Typical rent-free: 4 months.
Vacancy: 4.6%.
Quick reference
Use this page as the fast-answer reference for Riyadh. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Riyadh
country
Saudi Arabia
region
EMEA
classARentLocal
2200 SAR/sqft/yr
classARentUsd
$587/sqft/yr
vacancy
4.6%
typicalLeaseYears
5
typicalRentFreeMonths
4
submarkets
5
primeYieldPct
6.8%
Frequently asked questions
What is the RHQ program?
Saudi Arabia's Regional Headquarters program requires multinational companies wishing to win government contracts to host their MENA headquarters in the Kingdom. Effective from January 2024. Material driver of Class A demand.
What is KAFD?
King Abdullah Financial District is Riyadh's master-planned trophy office cluster, anchored by Capital Markets Authority (CMA), Saudi Stock Exchange (Tadawul), and major banking tenancy. Major delivery 2023-2025.
What is Saudization?
Nitaqat is Saudi Arabia's labour nationalization program requiring employers to meet Saudi national employment quotas. Material for tenant workforce planning and compensation budgets.