Residential Building For Sale in Al Arid, Riyadh

Introducing a prime residential building opportunity in Al Arid, Riyadh. This property presents a solid investment in a sought-after area, suitable for developers, investors, or end-users looking to acquire a building with excellent potential for future use and value appreciation. The following details provide a clear snapshot of the property and its practical attributes.

Key property details:
- Property type: Residential Building
- Purpose: Sale
- City/Location: Riyadh, Al Arid
- Price: SAR 15,000,000
- Bedrooms: Not specified (0 beds noted, typically interpreted as a non-bedroom structure; no explicit bedrooms listed)
- Bathrooms: Not specified (0 baths noted)
- Area: Not specified in square meters beyond unit reference; provided area field is 0, so size is not listed
- Area unit: Square Meter
- Furnished: No information indicating furnishing; defaults to unfurnished
- Amenities: Electricity, Water Supply
- Additional notes: The listing emphasizes the building as a development-ready asset in a strategic district for residential use, with essential utilities in place.

Property features and potential uses:
- Structural suitability: The property is a residential building, which can be repurposed, renovated, or expanded depending on zoning and planning permissions. Potential for converting spaces into multiple residential units, subject to regulatory approvals.
- Utilities: Access to electricity and water supply ensures immediate operability for conversion, leasing, or occupancy after any required renovations.
- Location advantages: Al Arid is a prominent district in Riyadh known for its accessibility, proximity to services, and potential for future development. The location can attract tenants or buyers seeking a central, established neighborhood.
- Investment considerations: The price point reflects a significant development opportunity in a high-demand urban area. Potential buyers may assess value through site development plans, floor area calculations, and permitted density.

What you should consider:
- Confirm the total built-up area and lot size to accurately assess density, usable space, and potential for partitioning or redevelopment.
- Verify zoning regulations, permissible uses for Residential Building assets, and any required permits for renovation or subdivision.
- Review the condition of the structure, including structural integrity, utilities compatibility, and compliance with current safety codes.
- Conduct a due diligence exercise for title status, encumbrances, and any easements affecting the property.

Closing and next steps:
If you are seeking a strategic property investment in Riyadh with substantial redevelopment potential, this Residential Building in Al Arid may be a suitable candidate. For more information, arrange a viewing, or discuss feasibility studies, please contact our sales team to schedule an appointment or to request additional documents and site details.