New Apartment for Sale in Majdiah 147 Project - Al Narjis District
Al Narjis Dist., Riyadh
Price
SAR1,050,000

New Listing
Property Description
Bedrooms
04Bathrooms
04Maid Room
01Area
123 m²Furnishing
UnfurnishedAgent
Abo Malik
Individual_broker
Verified Professional Agent
Abo Malik
Individual_broker
Amenities
Gym
Parking
24/7 Security
Developer & Project Details
Our AI rates this priceFair Price
ExceptionalFairMarketHighOverpriced
Exceptional
Fair
Market
High
Overpriced
Current Assessment: Fair Price This property is priced slightly below the market average, offering a fair value for the location and features.
AssessmentFair Price
Predicted annual gross yield
6.27%
0%YOU · 6.27%15%
Expected Annual Rent
65,844.77SAR
Monthly rent
5,487SAR
Rent / m² / year
535SAR
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.
Status6.27% · Good
76/ 100Good
Good investment opportunity
Solid pick across value, location, and income. Watch saturation.
Value vs MarketGood Value! Price 8,537 SAR/sqm is 14% below the predicted market price (9,920 SAR/sqm). Reasonably priced.79 / 100
Income ReturnExcellent Yield! Predicted annual rent 75,000 SAR on 1,050,000 SAR purchase gives 7.14% gross yield. Top income return for KSA market.80 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 9 schools, 9 medical, 12 malls, 15 restaurants.73 / 100
Market SaturationModerate Competition. ~10 similar properties in this market. Reasonable chances to sell/rent.65 / 100
AI Investment Recommendation
BUY· Score 76 / 100
- ▸Strong value: Good Value! Price 8,537 SAR/sqm is 14% below the predicted market price (9,920 SAR/sqm). Reasonably priced.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 75,000 SAR on 1,050,000 SAR purchase gives 7.14% 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, 12 malls, 15 restaurants.
- ▸Balanced market: Moderate Competition. ~10 similar properties in this market. Reasonable chances to sell/rent.
ML Prediction · 20266/15/2026
51Overall
🚶
Walkability
85%⚡
Area Activity
66%🧘
Wellness
36%🔇
Noise Level
88%🚲
Bikeability
55%🚌
Transport
0%