Olaya (trophy, ~SAR 2,300/sqm/yr · ≈ $57.1 PSF/yr USD) is one of 5 Riyadh Class A submarkets we track.

  • Olaya sits at trophy tier.
  • Average rent SAR 2,300/sqm/yr · ≈ $57.1 PSF/yr USD vs city average 2200.
  • Compared submarkets: KAFD (King Abdullah Financial District) (trophy), King Fahd Road (trophy), Diplomatic Quarter (prime).

Olaya vs other Riyadh submarkets

Olaya (trophy, ~SAR 2,300/sqm/yr · ≈ $57.1 PSF/yr USD) is one of 5 Riyadh Class A submarkets we track.

TL;DR

  • Olaya sits at trophy tier.
  • Average rent SAR 2,300/sqm/yr · ≈ $57.1 PSF/yr USD vs city average 2200.
  • Compared submarkets: KAFD (King Abdullah Financial District) (trophy), King Fahd Road (trophy), Diplomatic Quarter (prime).

Side-by-side with peers

**KAFD (King Abdullah Financial District)** (trophy, SAR 2,400/sqm/yr · ≈ $59.5 PSF/yr USD) — Riyadh's trophy financial core. **King Fahd Road** (trophy, SAR 2,100/sqm/yr · ≈ $52.1 PSF/yr USD) — Trophy expansion corridor. **Diplomatic Quarter** (prime, SAR 1,800/sqm/yr · ≈ $44.6 PSF/yr USD) — Embassy and consulate enclave. **Airport Corridor (KKIA)** (established, SAR 1,400/sqm/yr · ≈ $34.7 PSF/yr USD) — Aviation and logistics belt.

Key facts

cityRiyadh
submarketOlaya
tiertrophy
averageRentLocalSAR 2,300/sqm/yr · ≈ $57.1 PSF/yr USD
cityClassARentUsd$55/sqft/yr
cityVacancyPct4.6%

Frequently asked questions

What other submarkets compete with Olaya in Riyadh?
KAFD (King Abdullah Financial District), King Fahd Road, Diplomatic Quarter

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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