#Crown Prince Mohammed bin Salman
Saudi Arabia has introduced new rental regulations in Riyadh, freezing annual rent increases for both residential and commercial properties for five years starting 25 September 2025. The decision, issued by Crown Prince Mohammed bin Salman and enacted by royal decree, aims to curb soaring prices and bring greater fairness to the capital’s rental market. Under the new rules, landlords are prohibited from raising rents on existing or new contracts during the freeze. Vacant properties must be re-leased at the last…