{
  "url": "https://classa.info/cities/riyadh",
  "title": "Riyadh Class A Office Market",
  "description": "Saudi Arabia's capital with deep Vision 2030 corporate HQ relocation tenancy.",
  "oneSentenceAnswer": "Riyadh Class A office rents around SAR 2,200/sqm/yr · ≈ $54.6 PSF/yr USD, with 4.6% vacancy and 4 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Tightest Class A market in MEA — vacancy under 5%.",
    "RHQ program drives structural multinational HQ relocation through 2024-2030.",
    "Trophy product in KAFD trades at SAR 2,000-2,800/sqm/year.",
    "20% corporate tax and Saudization talent regime structure tenant decisions."
  ],
  "keyFacts": {
    "city": "Riyadh",
    "country": "Saudi Arabia",
    "region": "EMEA",
    "classARentLocal": "SAR 2,200/sqm/yr · ≈ $54.6 PSF/yr USD",
    "classARentUsd": "$54.571298507046706/sqft/yr",
    "vacancyPct": "4.6%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 4,
    "submarkets": 5,
    "corporateTaxPct": "20%",
    "talentIndex": 78
  },
  "faqs": [
    {
      "question": "What is the RHQ program?",
      "answer": "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."
    },
    {
      "question": "What is KAFD?",
      "answer": "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."
    },
    {
      "question": "What is Saudization?",
      "answer": "Nitaqat is Saudi Arabia's labour nationalization program requiring employers to meet Saudi national employment quotas. Material for tenant workforce planning and compensation budgets."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/riyadh), updated 2026-04-15T00:00:00.000Z."
}