Real estate and infrastructure occupiers in Riyadh typically cluster in KAFD (King Abdullah Financial District), plan ~215 sqft per seat at high-end fit-out ($5500–8200/sqft), and pay around 2200 SAR/sqft ($55 USD) on Class A.
Real estate and infrastructure occupiers in Riyadh typically cluster in KAFD (King Abdullah Financial District), plan ~215 sqft per seat at high-end fit-out">fit-out ($5500–8200/sqft), and pay around 2200 SAR/sqft ($55 USD) on Class A.
Real estate and infrastructure occupiers in Riyadh typically anchor in KAFD (King Abdullah Financial District). Banking, capital markets, multinational HQs, professional services.
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.
Typical real estate and infrastructure fit-out targets high-end specification at $5500–8200/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount real estate office in Riyadh typically targets 21,500 sqft of leasable area.
Sponsor and asset-management teams favor trophy CBD addresses with proximity to investment-banking and law-firm tenancy. 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.
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.
| city | Riyadh |
|---|---|
| industry | Real estate and infrastructure |
| naics | 531, 237 |
| preferredSubmarket | KAFD (King Abdullah Financial District) |
| preferredFitoutSpec | High-end |
| fitoutBand | $5500–8200/sqft |
| sqftPerSeat | 215 |
| classARentLocal | 2200 SAR/sqft/yr |
| classARentUsd | $55/sqft/yr |
| vacancyPct | 4.6% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 4 |
| talentIndex | 78 |
| corporateTaxPct | 20% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.