For Sale: Brand New Luxury Apartment in Al-Majdiah 147 Project, Al-Narjis District – Italian Kitchen & Full Amenities
Al Narjis Dist., Riyadh
Price
SAR1,250,000

New Listing
Property Description
Bedrooms
03Bathrooms
03Area
162 m²Furnishing
UnfurnishedAgent
Abo Malik
Individual_broker
Verified Professional Agent
Abo Malik
Individual_broker
Amenities
Gym
Parking
Yard
Developer & Project Details
Our AI rates this priceMarket Price
ExceptionalFairMarketHighOverpriced
Exceptional
Fair
Market
High
Overpriced
Current Assessment: Market Price This property is priced in line with current market trends for similar properties in this area.
AssessmentMarket Price
Predicted annual gross yield
6.27%
0%YOU · 6.27%15%
Expected Annual Rent
78,421.06SAR
Monthly rent
6,535SAR
Rent / m² / year
484SAR
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.
Status6.27% · Good
66/ 100Good
Good investment opportunity
Solid pick across value, location, and income. Watch saturation.
Value vs MarketGood Value! Price 7,716 SAR/sqm is below the market price. Reasonably priced.63 / 100
Income ReturnGood Yield. Predicted annual rent 75,283 SAR gives 6.02% gross yield. Solid income return for this property.70 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 9 schools, 9 medical, 12 malls, 15 restaurants.73 / 100
Market SaturationModerate Competition. ~33 similar properties in this market. Reasonable chances to sell/rent.55 / 100
AI Investment Recommendation
BUY· Score 66 / 100
- ▸Fair pricing: Good Value! Price 7,716 SAR/sqm is below the market price. Reasonably priced.
- ▸Strong rental returns: Good Yield. Predicted annual rent 75,283 SAR gives 6.02% 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: 9 schools, 9 medical, 12 malls, 15 restaurants.
- ▸Balanced market: Moderate Competition. ~33 similar properties in this market. Reasonable chances to sell/rent.
ML Prediction · 20266/24/2026
51Overall
🚶
Walkability
85%⚡
Area Activity
66%🧘
Wellness
36%🔇
Noise Level
88%🚲
Bikeability
55%🚌
Transport
0%