Residential Lands for Sale in Riyadh

Riyadh is the capital of Saudi Arabia. It was opened in year 1319 of Alhijra during the regime of King Abdul Aziz, God's mercy upon him. It is one of the most historical civilized cities; thus it is increasingly expanding year after year to accommodate its residents. Therefore, it is considered the largest city in the Kingdom. It is Located in the center of the kingdom, which makes it connecting not only the east and west of the Kingdom but also its north and south. Riyadhs population is exceeding more than five million people, this increased the number of people who want to own properties in Riyadh. Its nature is varied between greenery and desert as it is 600 meters higher than the level of the sea. It is a commercial, industrial, agricultural and touristic which provides all ways of life.

FAQs about residential lands for sale in Riyadh

What’s the total number of residential lands available for sale in Riyadh?

Bayut currently features 3,850 residential lands for sale in Riyadh.

How much does buying residential lands in Riyadh cost on average?

According to listings on Bayut, the average cost of buying residential lands in Riyadh is SAR 2,182,359. Listed prices can fluctuate above or below the average depending on the property’s size, exact location, condition, available amenities, and overall market activity.

Which locations in Riyadh are most preferred when it comes to buying residential lands?

The most sought-after locations for buying residential lands in Riyadh include:

• Az Zahir
• Open area under Al-Aziziya Municipality
• Al Ula

What are the prices of buying residential lands in Riyadh's preferred locations?

Average asking prices for residential lands in preferred locations in Riyadh are as follows:

• Az Zahir: SAR 858,328
• Open area under Al-Aziziya Municipality: SAR 11,082,910
• Al Ula: SAR 600,484

What are the lowest and highest prices for buying residential lands in Riyadh?

According to Bayut, the lowest price of residential lands listed for sale in Riyadh is SAR 395,560, whereas the highest is SAR 4,356,200.

What is the rental yield for residential lands in Riyadh?

An annual rental yield of up to 4.67% can be expected from residential lands in Riyadh. Potential ROI can be shaped by property size, location, amenities, condition, recent developments, and broader market movements.

The most important places in Riyadh:

Governmental places: all the ministries and embassies are existed there - King Khaled International Airport - Riyadh railway station. Universities: Prince Sultan University - Arab open University - Dar Al Olom University - Al Faisal University - Al Yamamh National University - Princess Nora bent Abdel Rahman University - King Saud bin Abdel Aziz University for Medical Science - Riyadh faculties for dentistry and Pharmacy - Alfaraby Faculties. Hospitals: hospital of King Khaled University - King Faisal Specialized hospital - King Abdel Aziz Specialized hospital - Armed Forces hospital - Prince Salman hospital - Dallah hospital - Saudi German hospital - King Fahd medical city - King Saud medical city. Hotels: Four Seasons hotel - Al Faisalia Rose wood hotel - Intercontinental hotel - Mariot hotel - Radison hotel. Tourist places: Almasmak Palace - National museum - King Fahad cultural center - Al Jazeera Palace for Aviation museum - Al Janaddria festival - Kingdom tower- Al Faisalia tower- Wady Laban Suspension bridge. Malls: Sahara mall- Al Azizia mall - Qortoba mall - Riyadh mall - Riyadh Gallery mall - Ghernata mall - Flamengo mall - Palace mall - Panorama mall. Land in Riyadh Parks: Al Khima park - Wady Hanifa park - Al Dira park - King Abdullah park - Al marwa park - Prince Salman park - Alsalam garden - Zoo - Fantasy Land - Al Hakir Land.

Overview About Lands in Riyadh:

Land market in Riyadh is flourishing as investment in the city is increasing despite of its congestion. Therefore, the land price depends on how far it is from the populated areas as well as the major roads. What also determines its price whether it is located in a neighborhood that has all provided services or not.