KAFD (King Abdullah Financial District) is a trophy-tier Class A submarket of Riyadh with average asking rent around SAR 2,400/sqm/yr · ≈ $59.5 PSF/yr USD.
Riyadh's trophy financial core. · Tier: trophy · Avg rent: SAR 2,400/sqm/yr · ≈ $59.5 PSF/yr USD
KAFD anchors Riyadh's trophy financial core — World Trade Tower, Central Tower, Capital Markets Authority HQ, Saudi Stock Exchange, and major banking tenancy.
Banking, capital markets, multinational HQs, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
KAFD (Metro Line 1), King Abdullah Road (Metro Line 4).
Multi-modal transit captures the metro's principal professional catchment.
KAFD walkable district, planned KAFD Conference Centre.
KAFD (King Abdullah Financial District) is one of 5 Class A submarkets we cover in Riyadh, classified as trophy tier with an average asking rent around SAR 2,400/sqm/yr · ≈ $59.5 PSF/yr USD. Compared with the broader Riyadh Class A stock, KAFD (King Abdullah Financial District) typically attracts Banking, capital markets, multinational HQs, professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside KAFD (King Abdullah Financial District): Olaya, King Fahd Road, Diplomatic Quarter, Airport Corridor (KKIA). The full Riyadh submarket atlas is at /cities/riyadh.
For an institutional Class A occupier evaluating KAFD (King Abdullah Financial District), the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Riyadh Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.