For sale, serviced apartments with an annual income of 1,600,000
"Rana House" is a luxury residential building located in the heart of the Al-Manar neighborhood in Jeddah, on Al-Manar Street. It consists of 36 fully furnished residential units. The project aims to provide a luxury hotel-like experience for daily and monthly rental clients, with a modern design and upscale services.
Details of the Residential Units
Number of Units: 36 hotel units
Interior Composition: Bedroom + Living Room + Kitchen + Bathroom
Unit Design: Modern and contemporary with luxurious hotel furniture
Location: Al-Manar neighborhood, Al-Manar Street, Jeddah
Daily Rent: 200 Saudi Riyals per unit
Monthly Rent: 3,500 Saudi Riyals per unit
Features
Strategic Location: "Rana House" is located on Al-Manar Street in Jeddah, making it easy to access highways and vibrant areas.
Modern Design: A contemporary interior design that provides a comfortable and upscale living experience suitable for individuals and families.
Flexible Rental Options: The units offer multiple options for daily and monthly rentals, enhancing the project's appeal to various clients.
Hotel-Quality Furniture and Facilities: The units are fully furnished with hotel-grade furniture that provides exceptional comfort and attracts a large segment of tenants.
Financial Figures
Monthly Revenue
Number of Units: 36 units
Monthly Rent per Unit: 3,500 Saudi Riyals
Total Monthly Revenue:
36 × 3,500 = 126,000 Saudi Riyals
Annual Revenue
Total Annual Revenue:
126,000 × 12 = 1,512,000 Saudi Riyals
Daily Rent
If the units are rented out daily, the approximate calculation for daily revenues:
Daily Rent per Unit: 200 Saudi Riyals
Occupancy Rate of 70% (year-round):
36 × 200 × 30 (days in a month) × 0.7 = 151,200 Saudi Riyals monthly
Annual Daily Revenue:
151,200 × 12 = 1,814,400 Saudi Riyals
Profit Analysis
Monthly Rental Revenue: With monthly rentals, an estimated annual revenue of 1.5 million Saudi Riyals can be achieved.
Daily Rental Revenue: With a 70% occupancy rate, annual revenues may reach 1.8 million Saudi Riyals.
Attraction Factors for Investors
Opportunity for Stable Returns: Whether through daily or monthly rentals, the project offers a long-term investment opportunity with good and stable returns.
High Demand for Hotel Units: Jeddah is a vibrant hub attracting tourists, workers, and businesses, ensuring continuous occupancy.
Increase in Property Value: The units are located in an area experiencing continuous growth, enhancing investment value over time.
Ease of Management: The units are fully furnished and equipped with hotel furniture, making them ready for immediate rental without the need for additional preparations.
Details of the Residential Units
Number of Units: 36 hotel units
Interior Composition: Bedroom + Living Room + Kitchen + Bathroom
Unit Design: Modern and contemporary with luxurious hotel furniture
Location: Al-Manar neighborhood, Al-Manar Street, Jeddah
Daily Rent: 200 Saudi Riyals per unit
Monthly Rent: 3,500 Saudi Riyals per unit
Features
Strategic Location: "Rana House" is located on Al-Manar Street in Jeddah, making it easy to access highways and vibrant areas.
Modern Design: A contemporary interior design that provides a comfortable and upscale living experience suitable for individuals and families.
Flexible Rental Options: The units offer multiple options for daily and monthly rentals, enhancing the project's appeal to various clients.
Hotel-Quality Furniture and Facilities: The units are fully furnished with hotel-grade furniture that provides exceptional comfort and attracts a large segment of tenants.
Financial Figures
Monthly Revenue
Number of Units: 36 units
Monthly Rent per Unit: 3,500 Saudi Riyals
Total Monthly Revenue:
36 × 3,500 = 126,000 Saudi Riyals
Annual Revenue
Total Annual Revenue:
126,000 × 12 = 1,512,000 Saudi Riyals
Daily Rent
If the units are rented out daily, the approximate calculation for daily revenues:
Daily Rent per Unit: 200 Saudi Riyals
Occupancy Rate of 70% (year-round):
36 × 200 × 30 (days in a month) × 0.7 = 151,200 Saudi Riyals monthly
Annual Daily Revenue:
151,200 × 12 = 1,814,400 Saudi Riyals
Profit Analysis
Monthly Rental Revenue: With monthly rentals, an estimated annual revenue of 1.5 million Saudi Riyals can be achieved.
Daily Rental Revenue: With a 70% occupancy rate, annual revenues may reach 1.8 million Saudi Riyals.
Attraction Factors for Investors
Opportunity for Stable Returns: Whether through daily or monthly rentals, the project offers a long-term investment opportunity with good and stable returns.
High Demand for Hotel Units: Jeddah is a vibrant hub attracting tourists, workers, and businesses, ensuring continuous occupancy.
Increase in Property Value: The units are located in an area experiencing continuous growth, enhancing investment value over time.
Ease of Management: The units are fully furnished and equipped with hotel furniture, making them ready for immediate rental without the need for additional preparations.
Property Information
- TypeBuilding
- PurposeFor Sale
- Bayut IDBayut - 87693618
- CompletionReady
- FurnishingUnfurnished
- Added on16 July 2025
Features / Amenities
Electricity
Fiber Optics
Water Supply
Sewerage
+ 1 more amenities
REGA Verified Information
- 1200020816FAL License Number
- 7200601028Advertising License Number
- 16 July 2025License Issue Date
- 8 August 2025License Expiry Date
Location
- Regionمنطقة مكة المكرمة
- CityJeddah
- DistrictAl Manar
- Street Nameالمنار
- Postal Code23644
- Building No2288
- Additional No123
- Latitude21.604327172891278
- Longitude39.24192904983771
Property Specs
- Advertisement TypeFor Sale
- Listing Usage-
- Listing TypeBuilding
- Price15000000
- Area Size206.49
- Number of Rooms6
Utilities
- ElectricityYes
- SewerageYes
- Fiber OpticsYes
Additional Information
- Listing AgeNew
- Street Width52
- Plan Number435 / ج / س / المعدل
- Deed Number823205000258
- Listing FaceSoutheasterly
- Borders and Lengths-
- Guarantees and Duration-
- ChannelsOther
- Obligations on Listingلا يوجد
- Compliance with Saudi Building CodeYes
- Is Listing PawnedNo
- Is Listing ConstrainedNo
- Land Number25
- Notes-
Property Borders
- Name:
- Description ارتداد عرض2م ثم قطعة رقم 26
- Lengthتسعة متر و أربعون سنتيمتر
- Name:
- Description ارتداد عرض2.58م ثم شارع عرض 15 م
- Lengthثلاثة و عشر ون متر و ستون سنتيمتر
- Name:
- Description الوحدة رقم 2 / 1 و منور و درج و ممرات
- Length6.5 + 0.5 + 4.2 + 2 + 5.3 + 2.5 + 7.6
- Name:
- Description ارتداد عرض4.20م ثم شارع عرض 32 م
- Lengthتسعة متر و أربعون سنتيمتر
North
East
West
South
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Location & Nearby
The location is fetched and verified by REGALocation Description as per Deed:الشقة الشرقية رقم 1 / 1 فى الدور الأول من العقار رقم 4142 المقام على قطعة الارض 25 من المخطط رقم 435 / ج / س / المعدل حى المنار بمدينة جدة مساحة الوحدة من الأرض 58.18 متر وتختص من المنافع والأجزاء المشتركة بمساحة 98.87 متر
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