Calculator

Lease Comparison Calculator

Compare up to three Saudi commercial leases side by side. Total cost, effective rent per sqm, NPV at an editable discount rate, free-rent absorption and the September 2025 rent freeze applied through 30 September 2030.

Lease inputs

Enter up to three options. All figures in SAR. VAT at 15%. Freeze applies through 30 September 2030 when toggled on, then escalation resumes.

Baseline

Option A

Base rent (SAR / sqm / year)

Leasable area (sqm)

Term (months)

Annual escalation (%)

Free months

Fit-out contribution (SAR / sqm, landlord pays in)

Treated as a negative month-1 cash flow on the tenant’s side.

Service charge (SAR / sqm / year)

Security deposit (months of base rent)

City (for rent freeze applicability)

Apply Royal Decree rent freeze (Riyadh, Sep 2025 – Sep 2030)

Lease start date

Option B

Include

Base rent (SAR / sqm / year)

Leasable area (sqm)

Term (months)

Annual escalation (%)

Free months

Fit-out contribution (SAR / sqm, landlord pays in)

Treated as a negative month-1 cash flow on the tenant’s side.

Service charge (SAR / sqm / year)

Security deposit (months of base rent)

City (for rent freeze applicability)

Apply Royal Decree rent freeze (Riyadh, Sep 2025 – Sep 2030)

Lease start date

Option C

Include

Base rent (SAR / sqm / year)

Leasable area (sqm)

Term (months)

Annual escalation (%)

Free months

Fit-out contribution (SAR / sqm, landlord pays in)

Treated as a negative month-1 cash flow on the tenant’s side.

Service charge (SAR / sqm / year)

Security deposit (months of base rent)

City (for rent freeze applicability)

Apply Royal Decree rent freeze (Riyadh, Sep 2025 – Sep 2030)

Lease start date

Global assumptions

NPV discount rate (% / year)

Editable. Monthly compounding, end-of-period convention.

VAT (%)

Saudi standard rate. Applied to rent and service charge.

VAT on service charge

Default on. Toggle off for triple-net structures.

Results

Side-by-side comparison. Cheapest by total cost shown with a gold left border. Lowest NPV shown with a gold badge in the header. The two need not coincide when free rent and escalation timing differ.

Saudi rules baked in

Sept 2025 rent freeze.Royal Decree rent freeze: when toggled on for Riyadh, base rent and service charge are capped at the lease-start level through 30 September 2030. Escalation resumes at the option’s input rate from 1 October 2030 onward.
15% VAT.VAT at 15% applied to rent. Service charge VAT defaults on; toggle off for triple-net structures where the landlord excludes svc-charge VAT.
VAT recoverability.VAT recoverability: if the tenant is VAT-registered and the activity is taxable, input VAT is generally recoverable. The headline total here is gross-of-VAT.
RETT non-applicability.RETT at 5% applies to property transfers, not commercial leases — included only for reference.
Ejar registration.Ejar registration fee: nominal flat fee per contract, paid separately at registration. Not included in the lifecycle cost figures here.
Fit-out as negative cashflow.Fit-out contributions from the landlord enter as a negative month-1 cash flow on the tenant’s side.
NPV monthly compounding.NPV uses monthly compounding of the annual discount rate, end-of-period convention.

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Assumptions. Rent paid monthly in advance; free months applied at the front of the lease; escalation compounds annually on each anniversary; service charge escalates in step with rent; security deposit returned at lease end (NPV impact only); Ejar fee paid month one. Figures rounded for display; raw values used in arithmetic.