Total occupancy cost for Grade A office space in Riyadh: $66.49 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Riyadh Office Cost Breakdown (USD/sqft/yr)
Rent: $19.96/sqft/yr
Service Charge: $3.16/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $28.6/sqft/yr
Facilities Management: $5.25/sqft/yr
Utilities: $4.82/sqft/yr
Reinstatement / Dilapidations: $4.4/sqft/yr
Total Occupancy Cost: $66.49/sqft/yr
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