Riyadh’s warehouse rental rates continued to grow across all major industrial submarkets in Q3 2025. Average annual growth across the city stood at 10.5%, with the highest rental growth registered in Taybah (21.7% annual rental growth) followed by Al Fawzan Industrial City (20.0% annual rental growth).

The market is expected to continue to exhibit strong demand for Grade A and Grade B properties, this is evident by the high occupancy levels seen across the capital. As Sulay, the largest industrial sub-market in Riyadh in terms of existing warehousing stock, has an average occupancy of approximately 95.0%. The city’s total occupancy is estimated at around 90.0%.

Most of Jeddah's submarkets recorded annual increases in rental rates, with Al Wadi registering the highest change of 14.0%, with rents reaching SAR 245 per square metre per annum. Jeddah Islamic Port continues to hold the highest rental rates of SAR 470 per square metre per annum, followed by Asfan Smart Town Industrial City, which commands SAR 425 per square metre per annum.