For sale: luxury apartment _ Okaz _ South Riyadh
Okaz Dist., Riyadh
Price
SAR550,000
New Listing
Property Description
Bedrooms
03Bathrooms
02Area
83 m²Furnishing
UnfurnishedAgent
شركة الهدي للخدمات العقارية
Broker
Verified Professional Agent
شركة الهدي للخدمات العقارية
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
5.03%
0%YOU · 5.03%15%
Expected Annual Rent
27,663.83SAR
Monthly rent
2,305SAR
Rent / m² / year
333SAR
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.
Status5.03% · Good
83/ 100Excellent
Excellent investment opportunity
Strong fundamentals across value, location, and income return.
Value vs MarketGood Value! Price 6,627 SAR/sqm is 14% below the predicted market price (7,734 SAR/sqm). Reasonably priced.79 / 100
Income ReturnExcellent Yield! Predicted annual rent 77,522 SAR on 550,000 SAR purchase gives 14.09% gross yield. Top income return for KSA market.100 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 5 schools, 5 medical, 10 malls, 21 restaurants.70 / 100
Market SaturationLow Competition. ~4 similar properties in this market. Good opportunity to sell/rent.77 / 100
AI Investment Recommendation
STRONG BUY· Score 83 / 100
- ▸Strong value: Good Value! Price 6,627 SAR/sqm is 14% below the predicted market price (7,734 SAR/sqm). Reasonably priced.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 77,522 SAR on 550,000 SAR purchase gives 14.09% 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: 5 schools, 5 medical, 10 malls, 21 restaurants.
- ▸Balanced market: Low Competition. ~4 similar properties in this market. Good opportunity to sell/rent.
ML Prediction · 20266/15/2026
62Overall
🚶
Walkability
100%⚡
Area Activity
100%🧘
Wellness
57%🔇
Noise Level
75%🚲
Bikeability
55%🚌
Transport
0%