Saudi Arabia freezes rent hikes in Riyadh for five years

In a landmark move, Saudi Arabia has introduced new regulations that prevent rent increases for both residential and commercial properties in Riyadh for the next five years.

The rules, issued under the guidance of Crown Prince Mohammed bin Salman, aim to stabilise rental prices and



ensure a fair and transparent property market in the capital.

The General Real Estate Authority (REA) confirmed that the measures, approved by the Council of Ministers through royal decree, are designed to protect tenants, support landlords, and promote sustainable urban development.