Luxury Apartment for Sale in a Premium Residential Community
Al Narjis Dist., Riyadh
Price
SAR881,664
New ListingFeatured
Property Description
Bedrooms
02Bathrooms
03Area
91 m²Furnishing
UnfurnishedAgent
Maqam For Real estate
Developer
Verified Professional Agent
Maqam For Real estate
Developer
Amenities
Gym
Parking
Garden
Elevator
24/7 Security
Developer & Project Details
Project
Courtyard Al Narges 17 A Home That Suits You.
View DetailsOur AI rates this priceExceptional Price
ExceptionalFairMarketHighOverpriced
Exceptional
Fair
Market
High
Overpriced
Current Assessment: Exceptional Price This property is priced significantly below the average value of similar properties, indicating a potentially strong deal for buyers.
AssessmentExceptional Price
Predicted annual gross yield
6.06%
0%YOU · 6.06%15%
Expected Annual Rent
53,384.87SAR
Monthly rent
4,449SAR
Rent / m² / year
587SAR
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.
Status6.06% · Good
80/ 100Excellent
Excellent investment opportunity
Strong fundamentals across value, location, and income return.
Value vs MarketExcellent Deal! You're paying 9,689 SAR/sqm, which is 28% below the predicted market price (13,488 SAR/sqm). Outstanding buying opportunity.83 / 100
Income ReturnExcellent Yield! Predicted annual rent 70,500 SAR on 881,664 SAR purchase gives 8.00% gross yield. Top income return for KSA market.84 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 9 schools, 9 medical, 22 malls, 8 restaurants.67 / 100
Market SaturationLow Competition. ~3 similar properties in this market. Good opportunity to sell/rent.79 / 100
AI Investment Recommendation
STRONG BUY· Score 80 / 100
- ▸Strong value: Excellent Deal! You're paying 9,689 SAR/sqm, which is 28% below the predicted market price (13,488 SAR/sqm). Outstanding buying opportunity.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 70,500 SAR on 881,664 SAR purchase gives 8.00% 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: 9 schools, 9 medical, 22 malls, 8 restaurants.
- ▸Balanced market: Low Competition. ~3 similar properties in this market. Good opportunity to sell/rent.
ML Prediction · 20266/15/2026
64Overall
🚶
Walkability
96%⚡
Area Activity
100%🧘
Wellness
63%🔇
Noise Level
84%🚲
Bikeability
55%🚌
Transport
0%