Ownership Apartment in a Strategic Location – Al Marwah District
Al Marwah Dist., Jeddah
Price
SAR450,000
New Listing
Property Description
Bedrooms
03Bathrooms
03Area
91 m²Furnishing
UnfurnishedAgent
شركة البلادي للتمليك والتطوير العقاري
Developer
Verified Professional Agent
شركة البلادي للتمليك والتطوير العقاري
Developer
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
6.14%
0%YOU · 6.14%15%
Expected Annual Rent
27,640.51SAR
Monthly rent
2,303SAR
Rent / m² / year
304SAR
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.
Status6.14% · Good
57/ 100Fair
Fair investment opportunity
Mixed signals — strong in some dimensions, weak in others.
Value vs MarketFair Market Price. Price 4,945 SAR/sqm is 13% above predicted market price (4,358 SAR/sqm). Paying a slight premium.42 / 100
Income ReturnExcellent Yield! Predicted annual rent 32,000 SAR on 450,000 SAR purchase gives 7.11% 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: 2 schools, 2 medical, 16 malls, 4 restaurants.68 / 100
Market SaturationVery High Competition. ~37 similar properties in this market. Difficult to sell/rent at full price.30 / 100
AI Investment Recommendation
HOLD· Score 57 / 100
- ▸Premium pricing: Fair Market Price. Price 4,945 SAR/sqm is 13% above predicted market price (4,358 SAR/sqm). Paying a slight premium.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 32,000 SAR on 450,000 SAR purchase gives 7.11% 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: 2 schools, 2 medical, 16 malls, 4 restaurants.
- ▸High competition: Very High Competition. ~37 similar properties in this market. Difficult to sell/rent at full price.
ML Prediction · 20266/15/2026
67Overall
🚶
Walkability
100%⚡
Area Activity
100%🧘
Wellness
73%🔇
Noise Level
87%🚲
Bikeability
55%🚌
Transport
0%