Modern Apartment for Sale in Majdiah 129, Al Narjis | Prime Opportunit
Al Narjis Dist., Riyadh
Price
SAR1,200,000

New Listing
Property Description
Bedrooms
02Bathrooms
03Area
97 m²Furnishing
UnfurnishedAgent
Abo Malik
Individual_broker
Verified Professional Agent
Abo Malik
Individual_broker
Amenities
Parking
Developer & Project Details
Our AI rates this priceMarket Price
ExceptionalFairMarketHighOverpriced
Exceptional
Fair
Market
High
Overpriced
Current Assessment: Market Price This property is priced in line with current market trends for similar properties in this area.
AssessmentMarket Price
Predicted annual gross yield
6.19%
0%YOU · 6.19%15%
Expected Annual Rent
74,255.92SAR
Monthly rent
6,188SAR
Rent / m² / year
766SAR
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.
Status6.19% · Good
72/ 100Good
Good investment opportunity
Solid pick across value, location, and income. Watch saturation.
Value vs MarketFair Market Price. Price 12,371 SAR/sqm is 3% above predicted market price (12,064 SAR/sqm). Paying a slight premium.57 / 100
Income ReturnExcellent Yield! Predicted annual rent 86,500 SAR on 1,200,000 SAR purchase gives 7.21% gross yield. Top income return for KSA market.81 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 17 schools, 17 medical, 9 malls, 8 restaurants.87 / 100
Market SaturationModerate Competition. ~7 similar properties in this market. Reasonable chances to sell/rent.69 / 100
AI Investment Recommendation
BUY· Score 72 / 100
- ▸Fair pricing: Fair Market Price. Price 12,371 SAR/sqm is 3% above predicted market price (12,064 SAR/sqm). Paying a slight premium.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 86,500 SAR on 1,200,000 SAR purchase gives 7.21% 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: 17 schools, 17 medical, 9 malls, 8 restaurants.
- ▸Balanced market: Moderate Competition. ~7 similar properties in this market. Reasonable chances to sell/rent.
ML Prediction · 20266/15/2026
61Overall
🚶
Walkability
83%⚡
Area Activity
100%🧘
Wellness
63%🔇
Noise Level
87%🚲
Bikeability
55%🚌
Transport
0%