Smart ownership opportunity in Al-Bawadi neighborhood – Al-Rifai Project 118
Al Bawadi Dist., Jeddah
Price
SAR490,000
New Listing
Property Description
Bedrooms
03Bathrooms
03Area
101 m²Furnishing
UnfurnishedAgent
مؤسسة عبدالعزيز المالكي للتطوير العقاري
Developer
Verified Professional Agent
مؤسسة عبدالعزيز المالكي للتطوير العقاري
Developer
Amenities
Elevator
Smart Home
Developer & Project Details
Project
Refai 118
View DetailsLISTING PRICE
490,000SAR
→
AI PREDICTED
452,000SAR
+8.4%
ExceptionalFairMarketHighOverpriced
Exceptional
Fair
Market
High
Overpriced
Listing / m²
4,851
Market / m²
4,477
Difference
+8.4%
Current Assessment: High Price This property is priced above the estimated market value compared to similar listings.
Assessment+8.4% · High Price
Predicted annual gross yield
11.02%
0%YOU · 11.02%15%
Expected Annual Rent
53,986.33SAR
Monthly rent
4,499SAR
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.
Status11.02% · Excellent
69/ 100Good
Good investment opportunity
Solid pick across value, location, and income. Watch saturation.
Value vs MarketFair Market Price. Price 4,851 SAR/sqm is 8% above predicted market price (4,477 SAR/sqm). Paying a slight premium.49 / 100
Income ReturnExcellent Yield! Predicted annual rent 53,986 SAR on 490,000 SAR purchase gives 11.02% gross yield. Top income return for KSA market.100 / 100
Location QualityExcellent Location! 50 amenities nearby. Great for living with everything you need at your doorstep. Key nearby: 9 schools, 9 medical, 6 malls, 22 restaurants.90 / 100
Market SaturationVery High Competition. ~56 similar properties in this market. Difficult to sell/rent at full price.27 / 100
AI Investment Recommendation
BUY· Score 69 / 100
- ▸Premium pricing: Fair Market Price. Price 4,851 SAR/sqm is 8% above predicted market price (4,477 SAR/sqm). Paying a slight premium.
- ▸Strong rental returns: Excellent Yield! Predicted annual rent 53,986 SAR on 490,000 SAR purchase gives 11.02% 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, 6 malls, 22 restaurants.
- ▸High competition: Very High Competition. ~56 similar properties in this market. Difficult to sell/rent at full price.
ML Prediction · 20266/15/2026
77Overall
🚶
Walkability
100%⚡
Area Activity
100%🧘
Wellness
80%🔇
Noise Level
78%🚲
Bikeability
55%🚌
Transport
45%