diff --git a/src/Microsoft.OpenApi/Properties/SRResource.Designer.cs b/src/Microsoft.OpenApi/Properties/SRResource.Designer.cs
index bd42672a5..eb88eab6f 100644
--- a/src/Microsoft.OpenApi/Properties/SRResource.Designer.cs
+++ b/src/Microsoft.OpenApi/Properties/SRResource.Designer.cs
@@ -383,7 +383,16 @@ internal static string Validation_RuleAddTwice {
                 return ResourceManager.GetString("Validation_RuleAddTwice", resourceCulture);
             }
         }
-        
+
+        /// <summary>
+        ///   Looks up a localized string similar to Schema {0} property {1} is null..
+        /// </summary>
+        internal static string Validation_SchemaPropertyObjectRequired {
+            get {
+                return ResourceManager.GetString("Validation_SchemaPropertyObjectRequired", resourceCulture);
+            }
+        }
+
         /// <summary>
         ///   Looks up a localized string similar to The schema reference &apos;{0}&apos; does not point to an existing schema..
         /// </summary>
diff --git a/src/Microsoft.OpenApi/Properties/SRResource.resx b/src/Microsoft.OpenApi/Properties/SRResource.resx
index b758ff89b..c2e953ec4 100644
--- a/src/Microsoft.OpenApi/Properties/SRResource.resx
+++ b/src/Microsoft.OpenApi/Properties/SRResource.resx
@@ -219,6 +219,9 @@
   <data name="Validation_SchemaRequiredFieldListMustContainThePropertySpecifiedInTheDiscriminator" xml:space="preserve">
     <value>Schema {0} must contain property specified in the discriminator {1} in the required field list.</value>
   </data>
+  <data name="Validation_SchemaPropertyObjectRequired" xml:space="preserve">
+    <value>Schema {0} property {1} is null.</value>
+  </data>
   <data name="Validation_StringMustBeEmailAddress" xml:space="preserve">
     <value>The string '{0}' MUST be in the format of an email address.</value>
   </data>
diff --git a/src/Microsoft.OpenApi/Validations/Rules/OpenApiSchemaRules.cs b/src/Microsoft.OpenApi/Validations/Rules/OpenApiSchemaRules.cs
index 826eaa031..81a4ab88f 100644
--- a/src/Microsoft.OpenApi/Validations/Rules/OpenApiSchemaRules.cs
+++ b/src/Microsoft.OpenApi/Validations/Rules/OpenApiSchemaRules.cs
@@ -5,12 +5,37 @@
 
 namespace Microsoft.OpenApi
 {
+    using System.Linq;
+
     /// <summary>
     /// The validation rules for <see cref="OpenApiSchema"/>.
     /// </summary>
     [OpenApiRule]
     public static class OpenApiSchemaRules
     {
+        /// <summary>
+        /// Validates Schema Property has value
+        /// </summary>
+        public static ValidationRule<IOpenApiSchema> ValidateSchemaPropertyHasValue =>
+            new(nameof(ValidateSchemaPropertyHasValue),
+                (context, schema) =>
+                {
+                    if (schema.Properties is not null)
+                    {
+                        foreach (var property in schema.Properties
+                                     .Where(entry => entry.Value is null))
+                        {
+                            context.Enter(property.Key);
+                            context.CreateError(nameof(ValidateSchemaPropertyHasValue),
+                                string.Format(SRResource.Validation_SchemaPropertyObjectRequired,
+                                    schema is OpenApiSchemaReference { Reference: not null } schemaReference
+                                        ? schemaReference.Reference.Id
+                                        : string.Empty, property.Key));
+                            context.Exit();
+                        }
+                    }
+                });
+        
         /// <summary>
         /// Validates Schema Discriminator
         /// </summary>
diff --git a/test/Microsoft.OpenApi.Tests/PublicApi/PublicApi.approved.txt b/test/Microsoft.OpenApi.Tests/PublicApi/PublicApi.approved.txt
index f8d83d291..5733eb735 100644
--- a/test/Microsoft.OpenApi.Tests/PublicApi/PublicApi.approved.txt
+++ b/test/Microsoft.OpenApi.Tests/PublicApi/PublicApi.approved.txt
@@ -1248,6 +1248,7 @@ namespace Microsoft.OpenApi
     public static class OpenApiSchemaRules
     {
         public static Microsoft.OpenApi.ValidationRule<Microsoft.OpenApi.IOpenApiSchema> ValidateSchemaDiscriminator { get; }
+        public static Microsoft.OpenApi.ValidationRule<Microsoft.OpenApi.IOpenApiSchema> ValidateSchemaPropertyHasValue { get; }
         public static bool TraverseSchemaElements(string discriminatorName, System.Collections.Generic.IList<Microsoft.OpenApi.IOpenApiSchema>? childSchema) { }
         public static bool ValidateChildSchemaAgainstDiscriminator(Microsoft.OpenApi.IOpenApiSchema schema, string? discriminatorName) { }
     }
diff --git a/test/Microsoft.OpenApi.Tests/Validations/OpenApiSchemaValidationTests.cs b/test/Microsoft.OpenApi.Tests/Validations/OpenApiSchemaValidationTests.cs
index 028913e37..f22806825 100644
--- a/test/Microsoft.OpenApi.Tests/Validations/OpenApiSchemaValidationTests.cs
+++ b/test/Microsoft.OpenApi.Tests/Validations/OpenApiSchemaValidationTests.cs
@@ -174,6 +174,44 @@ public void ValidateDefaultShouldNotHaveDataTypeMismatchForComplexSchema()
             // Assert
             Assert.NotEmpty(validator.Warnings);
         }
+        
+        [Fact]
+        public void ValidateNullProperty()
+        {
+            // Arrange
+            var components = new OpenApiComponents
+            {
+                Schemas = new Dictionary<string, IOpenApiSchema>
+                {
+                    {
+                        "schema1",
+                        new OpenApiSchema
+                        {
+                            Properties = new Dictionary<string, IOpenApiSchema>
+                            {
+                                ["property1"] = null,
+                            }
+                        }
+                    }
+                }
+            };
+
+            // Act
+            var defaultRuleSet = ValidationRuleSet.GetDefaultRuleSet();
+            defaultRuleSet.Add(typeof(IOpenApiSchema), OpenApiNonDefaultRules.SchemaMismatchedDataType);
+            var validator = new OpenApiValidator(defaultRuleSet);
+            var walker = new OpenApiWalker(validator);
+            walker.Walk(components);
+
+            // Assert
+            Assert.NotEmpty(validator.Errors);
+            Assert.Equivalent(new List<OpenApiValidatorError>
+            {
+                new OpenApiValidatorError(nameof(OpenApiSchemaRules.ValidateSchemaPropertyHasValue),"#/schemas/schema1/property1",
+                    string.Format(SRResource.Validation_SchemaPropertyObjectRequired,
+                        string.Empty, "property1"))
+            }, validator.Errors);
+        }
 
         [Fact]
         public void ValidateSchemaRequiredFieldListMustContainThePropertySpecifiedInTheDiscriminator()
diff --git a/test/Microsoft.OpenApi.Tests/Validations/ValidationRuleSetTests.cs b/test/Microsoft.OpenApi.Tests/Validations/ValidationRuleSetTests.cs
index e1414232e..50cf77a1f 100644
--- a/test/Microsoft.OpenApi.Tests/Validations/ValidationRuleSetTests.cs
+++ b/test/Microsoft.OpenApi.Tests/Validations/ValidationRuleSetTests.cs
@@ -53,8 +53,8 @@ public void RuleSetConstructorsReturnsTheCorrectRules()
             Assert.Empty(ruleSet_4.Rules);
 
             // Update the number if you add new default rule(s).
-            Assert.Equal(20, ruleSet_1.Rules.Count);
-            Assert.Equal(20, ruleSet_2.Rules.Count);
+            Assert.Equal(21, ruleSet_1.Rules.Count);
+            Assert.Equal(21, ruleSet_2.Rules.Count);
             Assert.Equal(3, ruleSet_3.Rules.Count);
         }