Riyadh’s office market demonstrated strong underlying momentum in Q4 2025, supported by favourable economic conditions and sustained occupier confidence. Real GDP growth reached 4.8% in 2025, with 4.3% forecast for 2026.

Grade A occupancy remained at 98.5%, with rents increasing 1.0% quarter-on-quarter and 12% year-on-year. The five-year rent freeze contributed to greater rental stability across prime stock.

More than 700 multinational companies have established regional headquarters in Riyadh, while 75% of leasing enquiries originated from US and UK companies. Over 950,000 sqm of Grade A space is expected to enter the market by late 2026, supporting continued liquidity and balanced growth.

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