Luxury Apartment for Sale in Al Salamah District | Independent Majlis
As Salamah Dist., Jeddah
Price
SAR680,000

New Listing
Property Description
Bedrooms
03Bathrooms
03Area
117 m²Furnishing
UnfurnishedAgent
عايض الحربي
Individual_broker
Verified Professional Agent
عايض الحربي
Individual_broker
Amenities
Parking
Elevator
Smart Home
Developer & Project Details
Our 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
7.13%
0%YOU · 7.13%15%
Expected Annual Rent
48,501.49SAR
Monthly rent
4,042SAR
Rent / m² / year
415SAR
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.
Status7.13% · Excellent
58/ 100Fair
Fair investment opportunity
Mixed signals — strong in some dimensions, weak in others.
Value vs MarketOverpriced! Price 5,812 SAR/sqm is 20% above market price. High risk — difficult to resell at this price.38 / 100
Income ReturnExcellent Yield! Predicted annual rent 52,099 SAR on 680,000 SAR purchase gives 7.66% gross yield. Top income return for KSA market.83 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 18 schools, 18 medical, 7 malls, 6 restaurants.84 / 100
Market SaturationVery High Competition. ~136 similar properties in this market. Difficult to sell/rent at full price.20 / 100
AI Investment Recommendation
HOLD· Score 58 / 100
- ▸Premium pricing: Overpriced! Price 5,812 SAR/sqm is 20% above market price. High risk — difficult to resell at this price.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 52,099 SAR on 680,000 SAR purchase gives 7.66% 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: 18 schools, 18 medical, 7 malls, 6 restaurants.
- ▸High competition: Very High Competition. ~136 similar properties in this market. Difficult to sell/rent at full price.
ML Prediction · 20266/22/2026
70Overall
🚶
Walkability
100%⚡
Area Activity
100%🧘
Wellness
86%🔇
Noise Level
81%🚲
Bikeability
55%🚌
Transport
0%