Luxury housing opportunity... 3-room apartment in 'Al-Rifai 111', Al-Salama district
As Salamah Dist., Jeddah
Price
SAR620,000
New Listing
Property Description
Bedrooms
03Bathrooms
03Area
115 m²Furnishing
UnfurnishedAgent
مؤسسة عبدالعزيز المالكي للتطوير العقاري
Developer
Verified Professional Agent
مؤسسة عبدالعزيز المالكي للتطوير العقاري
Developer
Amenities
Elevator
Smart Home
Yard
Developer & Project Details
Project
El REFAI 111
View DetailsLISTING PRICE
620,000SAR
→
AI PREDICTED
1.479MSAR
-58.1%
ExceptionalFairMarketHighOverpriced
Exceptional
Fair
Market
High
Overpriced
Listing / m²
5,391
Market / m²
12,864
Difference
-58.1%
Current Assessment: Exceptional Price This property is priced significantly below the average value of similar properties, indicating a potentially strong deal for buyers.
Assessment-58.1% · Exceptional Price
Predicted annual gross yield
10.77%
0%YOU · 10.77%15%
Expected Annual Rent
66,750SAR
Monthly rent
5,563SAR
Rent / m² / year
580SAR
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.
Status10.77% · Excellent
85/ 100Excellent
Excellent investment opportunity
Strong fundamentals across value, location, and income return.
Value vs MarketExcellent Deal! You're paying 5,391 SAR/sqm, which is 58% below the predicted market price (12,864 SAR/sqm). Outstanding buying opportunity.90 / 100
Income ReturnExcellent Yield! Predicted annual rent 66,750 SAR on 620,000 SAR purchase gives 10.77% gross yield. Top income return for KSA market.98 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 11 schools, 11 medical, 14 malls, 15 restaurants.73 / 100
Market SaturationModerate Competition. ~8 similar properties in this market. Reasonable chances to sell/rent.62 / 100
AI Investment Recommendation
STRONG BUY· Score 85 / 100
- ▸Strong value: Excellent Deal! You're paying 5,391 SAR/sqm, which is 58% below the predicted market price (12,864 SAR/sqm). Outstanding buying opportunity.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 66,750 SAR on 620,000 SAR purchase gives 10.77% 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: 11 schools, 11 medical, 14 malls, 15 restaurants.
- ▸Balanced market: Moderate Competition. ~8 similar properties in this market. Reasonable chances to sell/rent.
ML Prediction · 20266/15/2026
79Overall
🚶
Walkability
100%⚡
Area Activity
100%🧘
Wellness
86%🔇
Noise Level
81%🚲
Bikeability
55%🚌
Transport
45%