The Duplex Namar Villa (Premium Custom-Built Investment) - Dwelleo | Dwelleo
The Duplex Namar Villa (Premium Custom-Built Investment)
Al Awaly Dist., Riyadh
Price
SAR2,500,000
New Listing
Property Description
General Description: A premium, custom-built residential villa designed by a top-tier engineering firm in Riyadh. Strategically located in the Al-Amni layout of Dhahrat Namar on Najm Ad-Din Street, the property offers excellent accessibility due to its close proximity to the Hamza Ibn Abdul Muttalib roundabout. Spanning a plot size of 399 square meters, this dual-facade (back-to-back) property features an eastern 14m street and a western 13m street opening onto a massive public square, ensuring maximum privacy and ample guest parking. Designed for high yield or multi-family living, the villa is divided into three distinct units—a ground floor, a first floor, and a penthouse apartment—all separated by a private side-staircase. The building is equipped with 3 independent electricity meters, a maximized underground water tank, and deluxe finishes. The property is currently fully rented, offering an immediate investment return.
Unit Specifications:
Ground Floor: Features dual entrances (guest and family). It consists of a guest majlis with a dedicated restroom, a spacious living room, a kitchen with a pantry, and an attached maid's quarter (bedroom, bathroom, and laundry area). The family wing includes 3 bedrooms (one master suite with a walk-in closet space and two bedrooms sharing a bathroom). Outside, it includes a 2-car garage and a provisioned space for a driver's room.
First Floor: Features dual entrances. It offers a guest majlis with amenities, a large living hall featuring an open buffet, a kitchen with a maid's quarter, an independent storage room, and 3 bedrooms (including one master suite and two bedrooms sharing a bathroom). It also includes a private 1-car garage.
Penthouse Apartment: Features dual entrances. It comprises a secluded guest majlis with its own restroom, a modern living room opening directly onto the rooftop terrace via a premium glass wall, 2 bedrooms with a shared bathroom, and a kitchen.
Current Assessment: Overpriced This property is priced significantly above market. Seller anchoring or high days-on-market risk — consider avoiding or negotiating strongly.