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Riyadh Office Leasing Report

By OPM Research Team

Sep 18, 2025 – 6 min read

Projects that carry the OPM standard.

This edition covers occupancy rates and asking rents across Riyadh's leading business districts, with a direct Class A vs. Class B comparison.

  • Class A asking rents rise for a third consecutive quarter.
  • Vacancy edges down as limited new supply enters the market.
  • Multinational occupiers are driving demand for fitted, move-in-ready space.

Owners who reprice against this quarter's data — not last year's — are the ones securing the strongest renewal terms.

  • A benchmarked rent schedule for every major Riyadh district.
  • New-supply projections for the next 18 months.

Projects that carry the OPM standard.

Property Type Mix

48 assets analyzed

  • Residential42%
  • Commercial28%
  • Retail18%
  • Hospitality12%

Leasing Status

92% average occupancy

  • Leased72%
  • Vacant28%

The rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competencies

The rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competenciesThe rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competenciesThe rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competencies

The rise in wholesale prices, which leads to a rise in wholesale prices, which leads to a rise in wholesale prices, the prominent craft abroad that you get real estate, God willing, in real estate search requests inside the Kingdom, where it has a group of quality competencies

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