Where do asset management occupiers lease office space in Riyadh?

Most cluster in KAFD (King Abdullah Financial District). Rent runs ~2200 SAR/sqft ($55 USD) for trophy and prime stock.

What fit-out spec do asset management occupiers run in Riyadh?

Typically trophy at $8200–12000/sqft.

How much office space per seat should a asset management occupier plan in Riyadh?

Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.

What NAICS codes describe the asset management vertical?

Representative NAICS 2022 codes: 523930, 523920.

What is the talent index in Riyadh?

78/100. Use the city profile for full detail.

Asset management occupiers in Riyadh typically cluster in KAFD (King Abdullah Financial District), plan ~230 sqft per seat at trophy fit-out ($8200–12000/sqft), and pay around 2200 SAR/sqft ($55 USD) on Class A.

Preferred submarket: KAFD (King Abdullah Financial District).
Typical fit-out spec: Trophy ($8200–12000/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 2200 SAR/sqft ($55 USD).
Typical lease: 5 years with 4 months rent-free.
Talent depth in Riyadh: 78/100.

Asset management office space in Riyadh

Asset management occupiers in Riyadh typically cluster in KAFD (King Abdullah Financial District), plan ~230 sqft per seat at trophy fit-out">fit-out ($8200–12000/sqft), and pay around 2200 SAR/sqft ($55 USD) on Class A.

TL;DR

Preferred submarket: KAFD (King Abdullah Financial District).
Typical fit-out spec: Trophy ($8200–12000/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 2200 SAR/sqft ($55 USD).
Typical lease: 5 years with 4 months rent-free.
Talent depth in Riyadh: 78/100.

Where they cluster

Asset management occupiers in Riyadh typically anchor in KAFD (King Abdullah Financial District). Banking, capital markets, multinational HQs, professional services.

What they pay

Class A rent in Riyadh runs 2200 SAR/sqft ($55 USD) on a 5-year lease with 4 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical asset management fit-out targets trophy specification at $8200–12000/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 230 sqft per seat blended (workstation + circulation + amenity). A 100-headcount asset mgmt office in Riyadh typically targets 23,000 sqft of leasable area.

Talent angle

Portfolio teams cluster around private-banking corridors; family-office tenancy keeps boutique trophy stock tight. Growing tech, finance, and professional services talent. Strong Saudi national talent pipeline through Vision 2030 education programs. Saudization (Nitaqat) program requires meeting Saudi national employment quotas.

Tax and lease context

Headline corporate tax: 20%. Net leases. 5-year terms with renewal options standard. Free rent of 3-6 months on a 5-year Class A deal.

Key facts

city	Riyadh
industry	Asset management
naics	523930, 523920
preferredSubmarket	KAFD (King Abdullah Financial District)
preferredFitoutSpec	Trophy
fitoutBand	$8200–12000/sqft
sqftPerSeat	230
classARentLocal	2200 SAR/sqft/yr
classARentUsd	$55/sqft/yr
vacancyPct	4.6%
typicalLeaseYears	5
typicalRentFreeMonths	4
talentIndex	78
corporateTaxPct	20%

Frequently asked questions

Where do asset management occupiers lease office space in Riyadh?: Most cluster in KAFD (King Abdullah Financial District). Rent runs ~2200 SAR/sqft ($55 USD) for trophy and prime stock.
What fit-out spec do asset management occupiers run in Riyadh?: Typically trophy at $8200–12000/sqft.
How much office space per seat should a asset management occupier plan in Riyadh?: Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.
What NAICS codes describe the asset management vertical?: Representative NAICS 2022 codes: 523930, 523920.
What is the talent index in Riyadh?: 78/100. Use the city profile for full detail.

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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