In a landmark attempt to control and oversee landlord-tenant relations, Saudi Arabia has put a five-year halt to annual rent hikes for residential and commercial properties in Riyadh. This came after Crown Prince Mohammed bin Salman gave the order, the state-run press agency SPA announced Thursday.
With effect from September 25, 2025, the ruling is a component of a larger regulatory package intended to curb the capital's recent surge in rental prices and encourage a more balanced real estate market.
In order to inform prospective future changes and preserve sector equilibrium, Mohammed bin Salman also oversaw routine reporting on market conditions, including price indices.
According to the orders, the Real Estate General Authority must work with the appropriate agencies to implement and oversee the new regulatory measures. To maintain compliance and the flexibility to implement additional measures if necessary, the authority will keep an eye on rental pricing and market activity.
