Apartment for sale on Abu Al-Zubair Al-Asadi Street, Al-Manar neighborhood, Jeddah City, Makkah Region4
Al Manar Dist., Jeddah
Price
SAR480,000
New Listing
Property Description
Bedrooms
04Bathrooms
03Area
126 m²Furnishing
UnfurnishedAgent
Nayyaf Real Estate Company
Broker
Verified Professional Agent
Nayyaf Real Estate Company
Broker
Amenities
Elevator
Developer & Project Details
Our AI rates this priceFair Price
ExceptionalFairMarketHighOverpriced
Exceptional
Fair
Market
High
Overpriced
Current Assessment: Fair Price This property is priced slightly below the market average, offering a fair value for the location and features.
AssessmentFair Price
Predicted annual gross yield
6.03%
0%YOU · 6.03%15%
Expected Annual Rent
28,946.65SAR
Monthly rent
2,412SAR
Rent / m² / year
230SAR
What is Gross Rental Yield? Gross rental yield is the annual rent divided by the purchase price. Transaction costs, maintenance, and potential vacancy are excluded.
Status6.03% · Good
69/ 100Good
Good investment opportunity
Solid pick across value, location, and income. Watch saturation.
Value vs MarketGood Value! Price 3,810 SAR/sqm is 9% below the predicted market price (4,167 SAR/sqm). Reasonably priced.71 / 100
Income ReturnExcellent Yield! Predicted annual rent 40,400 SAR on 480,000 SAR purchase gives 8.42% gross yield. Top income return for KSA market.87 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 3 schools, 3 medical, 9 malls, 9 restaurants.67 / 100
Market SaturationVery High Competition. ~46 similar properties in this market. Difficult to sell/rent at full price.28 / 100
AI Investment Recommendation
BUY· Score 69 / 100
- ▸Strong value: Good Value! Price 3,810 SAR/sqm is 9% below the predicted market price (4,167 SAR/sqm). Reasonably priced.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 40,400 SAR on 480,000 SAR purchase gives 8.42% gross yield. Top income return for KSA market.
- ▸Great location: Excellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 3 schools, 3 medical, 9 malls, 9 restaurants.
- ▸High competition: Very High Competition. ~46 similar properties in this market. Difficult to sell/rent at full price.
ML Prediction · 20266/15/2026
68Overall
🚶
Walkability
100%⚡
Area Activity
100%🧘
Wellness
79%🔇
Noise Level
78%🚲
Bikeability
55%🚌
Transport
0%