Research & Intelligence
Latest Publications
Grade-A office demand along Riyadh's prime corridors continues its upward trajectory in H1 2025, with vacancy rates compressing to 8.3% in KAFD and 11.2% in Al Olaya — their lowest levels since those districts were launched.
NOA Research Team
King Abdullah Financial District has reached effective full occupancy, with a vacancy rate below 5% across its Class-A tower inventory — an achievement that seemed aspirational as recently as 2021.
NOA Advisory
The fundamental constraint on institutional capital deployment in Saudi commercial real estate is not liquidity — it is the absence of standardised, auditable transaction data.
NOA Strategy
A family office holding legacy commercial assets in Al Malaz engaged NOA Advisory to assess highest and best use scenarios, following three consecutive years of below-market occupancy and yield compression to 4.2%.
North Riyadh dominated commercial land transaction volumes in Q1 2025, accounting for 41% of total deal count per Ministry of Justice data.
Commercial activity indices across Riyadh's key submarkets have undergone structural transformation since the announcement of Vision 2030's flagship projects.
A private investor holding six commercial assets across Al Malaz, Al Shrafiyah, and Al Batha engaged NOA Advisory to develop a comprehensive portfolio rationalisation strategy.
The Saudi national real estate price index closed Q4 2024 at 103.5 points, maintaining its position above the 100 baseline for the eighth consecutive quarter.
