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Olaya Property Prices

Riyadh, Saudi Arabia

Freehold Zone
Price/sqm (Buy) SAR 9 700 (~€2 425)
Price/sqm (Rent/yr) SAR 535 (~€134)
Gross Rental Yield 5.5%
YoY Change 8.0%

Estimates based on published market data as of June 2026. Not official valuations.

Disclaimer: All prices shown are market estimates based on published data sources. They do not represent official valuations or guaranteed transaction prices. This is not investment advice.

Price Breakdown

Buy Price (per sqm)

SAR 9 700 (~€2 425) 8.0% YoY

Rent Price (per sqm/yr)

SAR 535 (~€134) SAR 45/sqm per month

Gross Rental Yield

5.5% Before expenses and vacancy

Estimated Prices by Property Type

Property Type Price/sqm (Buy) Price/sqm (Rent/yr)
Apartment SAR 9 700
(~€2 425)		 SAR 535
(~€134)

Price Trend

Olaya Price per sqm (SAR)

5 0806 3407 6008 86010 12020202021202220232024202520265 5006 0007 0007 8008 2009 0009 700

Historical estimated price trend. Not an official index. Data as of June 2026.

About Olaya

Riyadh's traditional commercial backbone, Olaya Street is lined with offices, hotels, and upscale retail. The surrounding residential area features a mix of older villas being replaced by modern apartments and towers.

Property Types Available

  • apartment
  • penthouse

Amenities & Transport

  • Kingdom Centre
  • Al Faisaliah Tower
  • Centria Mall
  • Panorama Mall

Ownership Status

Olaya is a designated freehold zone where foreign nationals can purchase property outright. See our Saudi Arabia foreign ownership guide for details.

Nearby Areas in Riyadh

Compare Olaya with other areas in Riyadh.

Area Price/sqm (Buy) Price/sqm (Rent/yr) Yield YoY vs Olaya
Olaya SAR 9 700
(~€2 425)		 SAR 535
(~€134)		 5.5% 8.0% --
KAFD (King Abdullah Financial District) SAR 13 500
(~€3 375)		 SAR 675
(~€169)		 5.0% 13.0% +39.2%
Al Malqa SAR 8 000
(~€2 000)		 SAR 480
(~€120)		 6.0% 7.0% -17.5%
Al Nakheel SAR 8 500
(~€2 125)		 SAR 510
(~€128)		 6.0% 6.0% -12.4%
Hittin SAR 9 200
(~€2 300)		 SAR 506
(~€127)		 5.5% 8.0% -5.2%

Data Disclaimer

Market estimates based on published data. Not investment advice.

The property prices displayed for Olaya are market estimates compiled from publicly available data sources. They are not official valuations, appraised values, or guaranteed transaction prices. Actual property values depend on exact location, unit condition, floor level, view, furnishing, and market timing. Always obtain a professional valuation before making a purchase decision.

Read full disclaimer →

Sources

Price estimates for Olaya, Riyadh are compiled from government transaction registries (where available), real estate portal asking prices, and published market reports. Data last reviewed: June 2026.

  • Government transaction data (DLD, DMT, REGA, or equivalent)
  • JLL, Knight Frank, CBRE, ValuStrat market reports
  • Real estate portal listing data (Bayut, Property Finder, and equivalents)