# Olaya, Riyadh tenant profile

> Olaya's tenant base is anchored by banking, family offices, multinational hqs, luxury hospitality, retail hqs.

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

## TL;DR
- Tier: trophy.
- Tenant character: Established trophy and luxury core.
- Average rent: SAR 2,300/sqm/yr · ≈ $57.1 PSF/yr USD.

## Key facts
- **city**: Riyadh
- **submarket**: Olaya
- **tier**: trophy
- **averageRentLocal**: SAR 2,300/sqm/yr · ≈ $57.1 PSF/yr USD
- **cityClassARentUsd**: $55/sqft/yr
- **cityVacancyPct**: 4.6%

## FAQ
### What kind of tenants lease in Olaya?
Banking, family offices, multinational HQs, luxury hospitality, retail HQs.

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