Saudi Arabia has halted annual rent increases for residential and commercial properties in Riyadh for five years, in a landmark move that aims to govern and regulate landlord-tenant relations, following directives from Crown Prince Mohammed bin Salman, state-run press agency SPA said on Thursday.
The decision, effective September 25, 2025, is part of a wider set of regulatory measures designed to address the capital’s rising rental prices in recent years and promote a more balanced real estate market.
Mohammed bin Salman also directed regular reporting on market conditions, including price indices, to inform potential future adjustments and maintain equilibrium in the sector.
The directives stipulate that the Real Estate General Authority is mandated to activate and monitor the new regulatory measures in coordination with relevant agencies. The authority will continue to track rental prices and market activity to ensure compliance and maintain the ability to introduce further measures as needed.
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