Al Olaya

Riyadh's central business district, Kingdom Tower, Al Faisaliah Tower, and the city's densest concentration of premium residential, retail, and corporate.

Updated June 12, 20265 min read

About Al Olaya

Al Olaya is Riyadh's central business and lifestyle district, a north-south corridor anchored by Kingdom Centre, Al Faisaliah Tower, and the iconic Riyadh skyline. The district is the city's most cosmopolitan quarter, with premium hotels (Four Seasons, Mandarin Oriental), high-end retail (Kingdom Centre Mall), and a dense concentration of corporate offices. Residential prices run SAR 7,500-12,000 per square metre with gross yields of 6.0-7.0% (capped by the September 2025 rent freeze). The market is dominated by premium serviced apartments and modern condominiums catering to executives and expatriates. Lifestyle is corporate-driven: business hotels, fine dining, premium retail, easy access to Riyadh Metro Line 1 (under commissioning). Increasingly walkable as Saudi Vision 2030 invests in pedestrian infrastructure.

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Location

Al Olaya in Riyadh, Riyadh Province, Saudi Arabia

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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