Distinctive Apartment for Sale in Al Rimal | Unit E3
Al Rimal Dist., Riyadh
Price
SAR1,057,616
New Listing
Property Description
Bedrooms
02Bathrooms
02Maid Room
01Area
171 m²Furnishing
UnfurnishedAgent
أكنان البناء للتطوير العقاري
Developer
Verified Professional Agent
أكنان البناء للتطوير العقاري
Developer
Amenities
Gym
Parking
Garden
Elevator
24/7 Security
Swimming Pool
Smart Home
Yard
Developer & Project Details
Project
Aknan 23
View DetailsOur AI rates this priceHigh Price
ExceptionalFairMarketHighOverpriced
Exceptional
Fair
Market
High
Overpriced
Current Assessment: High Price This property is priced above the estimated market value compared to similar listings.
AssessmentHigh Price
Predicted annual gross yield
4.27%
0%YOU · 4.27%15%
Expected Annual Rent
45,181.76SAR
Monthly rent
3,765SAR
Rent / m² / year
264SAR
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.
Status4.27% · Fair
61/ 100Fair
Fair investment opportunity
Mixed signals — strong in some dimensions, weak in others.
Value vs MarketOverpriced! Price 6,185 SAR/sqm is 16% above predicted market price (5,316 SAR/sqm). High risk — difficult to resell at this price.40 / 100
Income ReturnGood Yield. Predicted annual rent 70,000 SAR gives 6.62% gross yield. Solid income return for this property.76 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 4 schools, 4 medical, 16 malls, 14 restaurants.70 / 100
Market SaturationModerate Competition. ~7 similar properties in this market. Reasonable chances to sell/rent.69 / 100
AI Investment Recommendation
HOLD· Score 61 / 100
- ▸Premium pricing: Overpriced! Price 6,185 SAR/sqm is 16% above predicted market price (5,316 SAR/sqm). High risk — difficult to resell at this price.
- ▸Strong rental returns: Good Yield. Predicted annual rent 70,000 SAR gives 6.62% gross yield. Solid income return for this property.
- ▸Great location: Excellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 4 schools, 4 medical, 16 malls, 14 restaurants.
- ▸Balanced market: Moderate Competition. ~7 similar properties in this market. Reasonable chances to sell/rent.
ML Prediction · 20266/15/2026