# Riyadh Class A Office Market

> 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.

**Canonical URL:** https://classa.info/cities/riyadh
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## Key facts
- **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

## FAQ
### 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.

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Citation: Source: Class A Atlas (https://classa.info/cities/riyadh), updated 2026-04-15T00:00:00.000Z.