Excellent residential apartment for sale in a strategic location in Al Salamah district, Jeddah.
As Salamah Dist., Jeddah
Price
SAR450,000
New Listing
Property Description
Bedrooms
03Bathrooms
02Area
95 m²Furnishing
UnfurnishedAgent
الحلول العقارية
Broker
Verified Professional Agent
الحلول العقارية
Broker
Amenities
Parking
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
11.75%
0%YOU · 11.75%15%
Expected Annual Rent
52,866.38SAR
Monthly rent
4,406SAR
Rent / m² / year
556SAR
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.
Status11.75% · Excellent
74/ 100Good
Good investment opportunity
Solid pick across value, location, and income. Watch saturation.
Value vs MarketGood Value! Price 4,737 SAR/sqm is 9% below the predicted market price (5,190 SAR/sqm). Reasonably priced.72 / 100
Income ReturnExcellent Yield! Predicted annual rent 43,470 SAR on 450,000 SAR purchase gives 9.66% gross yield. Top income return for KSA market.93 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 21 schools, 21 medical, 5 malls, 6 restaurants.84 / 100
Market SaturationVery High Competition. ~37 similar properties in this market. Difficult to sell/rent at full price.30 / 100
AI Investment Recommendation
BUY· Score 74 / 100
- ▸Strong value: Good Value! Price 4,737 SAR/sqm is 9% below the predicted market price (5,190 SAR/sqm). Reasonably priced.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 43,470 SAR on 450,000 SAR purchase gives 9.66% 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: 21 schools, 21 medical, 5 malls, 6 restaurants.
- ▸High competition: Very High Competition. ~37 similar properties in this market. Difficult to sell/rent at full price.
ML Prediction · 20266/15/2026
70Overall
🚶
Walkability
100%⚡
Area Activity
100%🧘
Wellness
86%🔇
Noise Level
84%🚲
Bikeability
55%🚌
Transport
0%