{"id":66237,"date":"2024-06-09T13:19:52","date_gmt":"2024-06-09T10:19:52","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=66237"},"modified":"2025-11-26T03:30:31","modified_gmt":"2025-11-26T03:30:31","slug":"%d9%86%d8%a7%d9%8a%d8%aa-%d9%81%d8%b1%d8%a7%d9%86%d9%83-%d8%a7%d8%b1%d8%aa%d9%81%d8%a7%d8%b9-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%a5%d9%8a%d8%ac%d8%a7%d8%b1%d8%a7%d8%aa-%d8%a7%d9%84%d9%85","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/66237\/","title":{"rendered":"Knight Frank: Saudi Arabia's office rents rise on increased demand"},"content":{"rendered":"<p>Revealed <strong><a href=\"https:\/\/www.knightfrank.com\/\">Knight Frank<\/a> <\/strong>a global real estate consultancy, announced that the<a href=\"https:\/\/amlak.net.sa\/en\/65536\/\"><strong> prices<\/strong> Rentals<\/a> Grade A offices grew by 8% in Riyadh, 3.8% in Jeddah, and 3.5% in the Dammam metropolitan area over the past 12 months, supported by a growing Saudi economy driven by Vision 2030 that has boosted demand for office space and units across the Kingdom, according to the firm's Saudi Commercial Market Review Summer 2024.<\/p>\n<p>Faisal Durrani, Partner and Head of Research in the MENA region, said<strong><a href=\"https:\/\/amlak.net.sa\/en\/64301\/\"> Commercial office market<\/a> <\/strong>is one of the biggest beneficiaries of Vision 2030, with local demand for office space on the rise. He pointed to a significant shortage of prime office options, with vacancy rates reaching 97% in Riyadh, forcing some companies to settle for less than ideal spaces, resulting in a significant increase in rental rates for Grade B offices by 26% compared to the same period last year. Jeddah witnessed a similar phenomenon, with Grade A office rents rising by 19.3% since Q1 2023, driven by increased demand from the public sector.<\/p>\n<p>In the Dammam region, the office market continued to expand over the last 12 months until the end of Q1 2024, due to increased demand for office space. The rise in<strong><a href=\"https:\/\/amlak.net.sa\/en\/63114\/\"> Office rentals<\/a> <\/strong>Grade A rents increased by 3.5% to SAR 1,025 per square meter, while Grade B rents saw a slight increase of 1.6% to SAR 625 per square meter between Q1 2023 and Q1 2024. Average occupancy across Grade A office space increased by 5 percentage points to 85%, and Grade B occupancy levels increased by 3 percentage points to 73% during the same period.<\/p>\n<h4><span style=\"color: #000000;\">Rising rental prices<\/span><\/h4>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>\u0643\u0634\u0641\u062a \u0634\u0631\u0643\u0629 \u0646\u0627\u064a\u062a \u0641\u0631\u0627\u0646\u0643 \u0627\u0644\u0645\u062a\u062e\u0635\u0635\u0629 \u0641\u064a \u0627\u0644\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629\u060c \u0639\u0646 \u0627\u0631\u062a\u0641\u0627\u0639 \u0623\u0633\u0639\u0627\u0631 \u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0627\u0644\u0645\u0643\u0627\u062a\u0628 \u0645\u0646 \u0627\u0644\u062f\u0631\u062c\u0629 \u0627\u0644\u0623\u0648\u0644\u0649 \u0628\u0646\u0633\u0628\u0629 8\u066a \u0641\u064a \u0627\u0644\u0631\u064a\u0627\u0636\u060c \u06483.8\u066a \u0641\u064a \u062c\u062f\u0629\u060c \u06483.5\u066a \u0641\u064a \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u062f\u0645\u0627\u0645 \u0627\u0644\u062d\u0636\u0631\u064a\u0629 \u062e\u0644\u0627\u0644 \u0627\u0644\u0640 12 \u0634\u0647\u0631\u0627\u064b \u0627\u0644\u0645\u0627\u0636\u064a\u0629\u060c \u0628\u062f\u0639\u0645 \u0645\u0646 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f \u0627\u0644\u0633\u0639\u0648\u062f\u064a \u0627\u0644\u0645\u062a\u0646\u0627\u0645\u064a \u0648\u0627\u0644\u0645\u062f\u0639\u0648\u0645 \u0628\u0631\u0624\u064a\u0629 2030 \u0648\u0627\u0644\u0630\u064a \u0639\u0632\u0632 \u0645\u0646 \u0627\u0644\u0637\u0644\u0628 \u0639\u0644\u0649 \u0627\u0644\u0645\u0633\u0627\u062d\u0627\u062a \u0648\u0627\u0644\u0648\u062d\u062f\u0627\u062a \u0627\u0644\u0645\u0643\u062a\u0628\u064a\u0629 \u0641\u064a \u062c\u0645\u064a\u0639 \u0623\u0646\u062d\u0627\u0621 \u0627\u0644\u0645\u0645\u0644\u0643\u0629\u060c \u0648\u0641\u0642\u0627\u064b &#8230; <a title=\"Knight Frank: Saudi Arabia&#039;s office rents rise on increased demand\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/66237\/\" aria-label=\"Read more about \u0646\u0627\u064a\u062a \u0641\u0631\u0627\u0646\u0643: \u0627\u0631\u062a\u0641\u0627\u0639 \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0627\u0644\u0645\u0643\u062a\u0628\u064a\u0629 \u0641\u064a \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0628\u062f\u0639\u0645 \u0645\u0646 \u0632\u064a\u0627\u062f\u0629 \u0627\u0644\u0637\u0644\u0628\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":53670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[97],"tags":[],"class_list":["post-66237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-office-commercial"],"acf":{"amlak_post_excerpt":"\u0645\u0639\u062f\u0644\u0627\u062a \u0627\u0644\u0625\u0634\u063a\u0627\u0644 \u0644\u0644\u0645\u0643\u0627\u062a\u0628 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629 \u0648\u0635\u0644\u062a \u0625\u0644\u0649 85%\u060c \u0648\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0627\u0644\u062f\u0631\u062c\u0629 \u0627\u0644\u062b\u0627\u0646\u064a\u0629 \u0641\u064a \u0627\u0644\u0631\u064a\u0627\u0636 \u0642\u0641\u0632\u062a \u0628\u0646\u0633\u0628\u0629 26%.","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":"\u0645\u0639\u062f\u0644\u0627\u062a \u0627\u0644\u0625\u0634\u063a\u0627\u0644 \u0644\u0644\u0645\u0643\u0627\u062a\u0628 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629 \u0648\u0635\u0644\u062a \u0625\u0644\u0649 85%\u060c \u0648\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0627\u0644\u062f\u0631\u062c\u0629 \u0627\u0644\u062b\u0627\u0646\u064a\u0629 \u0641\u064a \u0627\u0644\u0631\u064a\u0627\u0636 \u0642\u0641\u0632\u062a \u0628\u0646\u0633\u0628\u0629 26%."}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1-300x216.jpg",300,216,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",18,12,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/01\/\u0639\u0642\u0627\u0631\u0627\u062a-\u0627\u0644\u0631\u064a\u0627\u0636-768x553-1.jpg",768,553,false]},"author_info":{"info":["\u0623\u0645\u0644\u0627\u0643 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