The luxury office market in Riyadh concluded 2025 approaching full occupancy, with Grade A offices recording an occupancy rate of approximately 98.5% during the fourth quarter. This came amid indicators of relatively stable rents, coinciding with Saudi Arabia’s five-year rent freeze, according to a report issued by Savills.

The average office rent in Riyadh reached SAR 2,333 per square meter in the fourth quarter, marking a 1% increase compared to the previous quarter and a 12% rise year-on-year, driven by the scarcity of premium office spaces and continued strong demand from companies.

Article Details

The “Riyadh Office Market Q4 2025” report highlighted that demand remains robust despite a slowdown in rent growth, especially with the impending entry of a large new supply into the market, which could reshape the balance between supply and demand.

Leasing activity maintained its momentum during the fourth quarter, with the technology, media, and telecommunications sector accounting for 60% of total executed deals. The engineering and manufacturing sectors, along with the pharmaceutical sector, each contributed 20% of total deals.

Regarding company relocations, they represented 60% of all contracts, while the banking, financial services, and insurance sector led inquiries, accounting for 50% of total demand.

In terms of space requirements, units smaller than 1,000 square meters accounted for 75% of total leasing inquiries, with demand concentrated on spaces ranging from 200 to 2,000 square meters, reflecting stable tenant confidence in the market.

The report also noted that 75% of inquiries came from American and British companies, demonstrating continued international interest in Riyadh’s office market.

Through reinvest Real Estate Website, you can find the best offices for rent in Saudi Arabia within a diverse selection that suits various business activities and budgets. Whether you are looking for a small office for a startup or a regional headquarters with premium specifications in strategic locations across major cities, the website offers multiple options with different sizes and facilities, along with clear information to help you make a well-informed investment decision quickly and easily.

The offerings are not limited to offices only; the website also provides a wide range of commercial properties for rent, including retail shops, showrooms, administrative headquarters, and multi-use spaces, meeting the needs of both entrepreneurs and large companies alike.