Residential Building For Sale in Al Olaya, Riyadh
Discover a prime investment opportunity in the heart of Riyadh. This residential building is positioned in the sought-after Al Olaya district, offering potential for strong returns in a vibrant, commercial-friendly area. Key details are concise and focused on the asset itself, aligned with the expectations for a straightforward property listing.
Property Overview:
- Property Type: Residential Building
- Purpose: Sale
- City / Location: Riyadh, Al Olaya
- Price: 40,000,000 SAR
- Area: Not specified in the listing data; the listing notes Square Meters as the unit, but no explicit total area is provided
- Furnished: No
- Bedrooms: Not listed for this property type; as a residential building, it may contain multiple units with varying bedrooms (not specified here)
- Bathrooms: Not specified
- Year Built: Not provided
- Floor Count: Not provided
- Condition: Not specified
- Parking: Not described
Key Features and Infrastructure:
- Fixed Phone connectivity available
- Electricity and Fibre Optics infrastructure
- Water Supply and Sewerage services
- Utilities are in place to support residential units or a mixed-use development
Amenities and Accessibility:
- Located in Al Olaya, a central district known for business, dining, and retail options
- Proximity to major roads and public transit (implied by central location; please verify)
- Nearby amenities include shopping centers, offices, clinics, and schools typical of Al Olaya’s urban environment
Investment Considerations:
- The listing emphasizes a high-potential, centrally located asset suitable for redevelopment, expansion, or conversion depending on regulatory approvals and market demand
- The absence of a specified total area suggests that the property may comprise multiple parcels or a building with segmented units; buyers should request detailed floor plans, unit layouts, and a certified survey to inform valuation and development plans
- The current data notes essential utilities are available, which reduces initial capital expenditure for structural modernization related to basic services
- Given Al Olaya’s status as a premier business and commercial hub, opportunities may include converting the building into office suites, serviced apartments, or lifestyle residences, subject to zoning and permits
What to Expect During Due Diligence:
- Request a comprehensive title search to confirm ownership, encumbrances, and any covenants
- Obtain a current structural assessment and any available architectural drawings or as-built plans
- Acquire detailed utility verification reports for electricity, water/sewer, and telecommunications readiness
- Review local zoning regulations, permissible land uses, occupancy restrictions, and any planned district development plans that could impact value
- Assess potential for redevelopment, including floor area ratio (FAR), setbacks, and parking requirements
Next Steps:
- Contact the listing agent to schedule a viewing and to obtain the full due diligence package, including legal documents, property sketches, and recent tax or maintenance records
- Engage with a real estate counsel to review the sale agreement, transfer process, and any required permit applications for redevelopment if applicable
- Prepare a financial model to evaluate acquisition costs, potential rental income, redevelopment costs, and projected return on investment
This property represents a strategic opportunity for investors seeking a central Riyadh asset with solid utility infrastructure in a premier district. For more information and to arrange a property tour, please reach out to the listing agent today.
Property Overview:
- Property Type: Residential Building
- Purpose: Sale
- City / Location: Riyadh, Al Olaya
- Price: 40,000,000 SAR
- Area: Not specified in the listing data; the listing notes Square Meters as the unit, but no explicit total area is provided
- Furnished: No
- Bedrooms: Not listed for this property type; as a residential building, it may contain multiple units with varying bedrooms (not specified here)
- Bathrooms: Not specified
- Year Built: Not provided
- Floor Count: Not provided
- Condition: Not specified
- Parking: Not described
Key Features and Infrastructure:
- Fixed Phone connectivity available
- Electricity and Fibre Optics infrastructure
- Water Supply and Sewerage services
- Utilities are in place to support residential units or a mixed-use development
Amenities and Accessibility:
- Located in Al Olaya, a central district known for business, dining, and retail options
- Proximity to major roads and public transit (implied by central location; please verify)
- Nearby amenities include shopping centers, offices, clinics, and schools typical of Al Olaya’s urban environment
Investment Considerations:
- The listing emphasizes a high-potential, centrally located asset suitable for redevelopment, expansion, or conversion depending on regulatory approvals and market demand
- The absence of a specified total area suggests that the property may comprise multiple parcels or a building with segmented units; buyers should request detailed floor plans, unit layouts, and a certified survey to inform valuation and development plans
- The current data notes essential utilities are available, which reduces initial capital expenditure for structural modernization related to basic services
- Given Al Olaya’s status as a premier business and commercial hub, opportunities may include converting the building into office suites, serviced apartments, or lifestyle residences, subject to zoning and permits
What to Expect During Due Diligence:
- Request a comprehensive title search to confirm ownership, encumbrances, and any covenants
- Obtain a current structural assessment and any available architectural drawings or as-built plans
- Acquire detailed utility verification reports for electricity, water/sewer, and telecommunications readiness
- Review local zoning regulations, permissible land uses, occupancy restrictions, and any planned district development plans that could impact value
- Assess potential for redevelopment, including floor area ratio (FAR), setbacks, and parking requirements
Next Steps:
- Contact the listing agent to schedule a viewing and to obtain the full due diligence package, including legal documents, property sketches, and recent tax or maintenance records
- Engage with a real estate counsel to review the sale agreement, transfer process, and any required permit applications for redevelopment if applicable
- Prepare a financial model to evaluate acquisition costs, potential rental income, redevelopment costs, and projected return on investment
This property represents a strategic opportunity for investors seeking a central Riyadh asset with solid utility infrastructure in a premier district. For more information and to arrange a property tour, please reach out to the listing agent today.
Property Information
- TypeResidential Building
- PurposeFor Sale
- Bayut IDBayut - 87884919
- Residence TypeFamily
- CompletionReady
- FurnishingUnfurnished
- Added on31 January 2026
Features / Amenities
Electricity
Fiber Optics
Water Supply
Fixed Phone
+ 2 more amenities
REGA Verified Information
- FAL License Number1200021404
- License Issue Date31 January 2026
- License Expiry Date11 January 2027
Ad Responsible Info
- Responsible Nameاحمد محمد صالح الدبيخي
- Responsible Number0555700650
Location
- Regionمنطقة الرياض
- CityRiyadh
- DistrictAl Olaya
- Street Nameرقم 58
- Postal Code12213
- Building No3004
- Additional No8285
- Latitude24.699528308966265
- Longitude46.68174771789785
Property Specs
- Advertisement TypeFor Sale
- Listing Usage-
- Listing TypeResidential Building
- Price40000000
- Area Size1626.84
- Number of Rooms70
Utilities
- ElectricityYes
- SewerageYes
- Fixed PhoneYes
- Fiber OpticsYes
Additional Information
- Listing Age10+ years
- Street Width40
- Plan Number1854
- Deed Number360658000485
- Listing FaceNortheast
- Borders and Lengths-
- Guarantees and Duration-
- ChannelsLicensed platform, Bulletin board, Social media platforms, Radio, Other
- Obligations on Listingرهن عقاري بجزء من قيمة العقار
- Compliance with Saudi Building Code-
- Is Listing PawnedYes
- Is Listing ConstrainedNo
- Land Number578
- Notes-
Property Borders
- Nameشارع
- Descriptionعرض20م
- Lengthثلاثة و أربعون متر و ثمانية و خمسون سنتمتر
- Nameشارع
- Descriptionالعلياء الرئيسي عرض40م
- Lengthسبعة و ثلاثون متر و ثلاثة و ثلاثون سنتمتر
- Nameممر
- Descriptionمشترك عرض5م
- Lengthسبعة و ثلاثون متر و ثلاثة و ثلاثون سنتمتر
- Nameممر
- Descriptionمشترك عرض5م
- Lengthثلاثة و أربعون متر و ثمانية و خمسون سنتمتر
North
East
West
South
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