Kingdom of Saudi Arabia Office Market Dynamics, Q1 2025
Summary and analysis of the Kingdom of Saudi Arabia's current office real estate market conditions.
- Faraz Ahmed
- Muhammad Aijaz
- Taimur Khan
Corporations, particularly in the tech andfinancial sectors, are driving demand in Riyadh. Both Riyadh and Jeddah are experiencing increased leasing activity, with companies seeking larger, higher-quality spaces.
There's a noticeable shift towards premium office spaces in both Riyadh and Jeddah. Companies are willing to upgrade to buildings offering superior amenities, efficient layouts, and sustainable features.
Despite traffic challenges, demand for office space in central Riyadh remains strong. The introduction of the metro has alleviated some congestion, particularly in areas like KAFD.
Fitted and serviced offices continue to see strong demand in both cities, offering costeffective and ready-to-use solutions for businesses of various sizes.
