Luxury Ground Floor Apartment for Sale - Project 17 - Dammam
Prince Muhammed Ibn Saud Dist., Dammam
Price
SAR740,000

New Listing
Property Description
Bedrooms
04Bathrooms
03Maid Room
01Area
188 m²Furnishing
UnfurnishedAgent
مرعي حسن الربعي
Individual_broker
Verified Professional Agent
مرعي حسن الربعي
Individual_broker
Amenities
Parking
Garden
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
2.41%
0%YOU · 2.41%15%
Expected Annual Rent
17,849.89SAR
Monthly rent
1,487SAR
Rent / m² / year
95SAR
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.
Status2.41% · Low
66/ 100Good
Good investment opportunity
Solid pick across value, location, and income. Watch saturation.
Value vs MarketFair Market Price. Price 3,936 SAR/sqm is 9% above predicted market price (3,611 SAR/sqm). Paying a slight premium.48 / 100
Income ReturnExcellent Yield! Predicted annual rent 55,617 SAR on 740,000 SAR purchase gives 7.52% gross yield. Top income return for KSA market.82 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 18 schools, 18 medical, 5 malls, 15 restaurants.87 / 100
Market SaturationHigh Competition. ~5 similar properties in this market. May take longer to sell/rent.46 / 100
AI Investment Recommendation
BUY· Score 66 / 100
- ▸Premium pricing: Fair Market Price. Price 3,936 SAR/sqm is 9% above predicted market price (3,611 SAR/sqm). Paying a slight premium.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 55,617 SAR on 740,000 SAR purchase gives 7.52% 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, 5 malls, 15 restaurants.
- ▸High competition: High Competition. ~5 similar properties in this market. May take longer to sell/rent.
ML Prediction · 20266/15/2026
67Overall
🚶
Walkability
100%⚡
Area Activity
100%🧘
Wellness
77%🔇
Noise Level
72%🚲
Bikeability
55%🚌
Transport
0%