Month: August 2026

Reading time: 2 MinutesThe office market in Riyadh has experienced exceptional growth in recent years, becoming one of the top-performing real estate sectors in the Kingdom of Saudi Arabia. This growth reflects the major economic transformations the Kingdom is undergoing as part of Saudi Vision 2030, which aims to diversify the economy, attract foreign investment, and strengthen Riyadh’s position as a regional and global business hub. During the current period, … Read more

Reading time: 2 MinutesThe government’s focus on developing the Saudi real estate sector and strengthening its foundations—so that it can serve as a key contributor to the national economy—has been reflected in the construction sector, which has likewise received similar attention, to the point where it has become one of the Kingdom’s most important economic drivers, with its contribution reaching 7.6% of gross domestic product (GDP), thereby fulfilling one of the objectives of Saudi Vision 2030 to boost GDP from … Read more

Reading time: 4 MinutesWhen is the market value accepted in «Ejar,» and when does the most recent lease serve as the reference? Imagine that the owner of an office or retail space in Riyadh believes that the rent listed in the most recent lease has fallen below the prevailing market rate. He hires a certified real estate appraiser, who issues a report indicating a higher rental value. This raises the obvious question: Is it sufficient to submit the appraisal report to … Read more