What's a typical lease term in Riyadh?

5 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.

How is rent quoted in Riyadh?

In SAR/sqft/year. We also publish a USD-normalised view ($587/sqft/yr) for cross-market comparison.

Net leases.

Typical lease length: 5 years.
Typical rent-free: 4 months.
Vacancy: 4.6%; trend rising.
Net leases.

Riyadh office lease norms

Net leases.

TL;DR

Typical lease length: 5 years.
Typical rent-free: 4 months.
Vacancy: 4.6%; trend rising.
Net leases.

Structure

Net leases. 5-year terms with renewal options standard. Free rent of 3-6 months on a 5-year Class A deal.

Negotiating levers

Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).

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's a typical lease term in Riyadh?: 5 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Riyadh?: In SAR/sqft/year. We also publish a USD-normalised view ($587/sqft/yr) for cross-market comparison.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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