6
⃁1,400,000
Est. Payment ⃁ 9.1K/mo
Al Malqa, North Riyadh, Riyadh
2 Beds
2 Baths
143 Sq. M.

Apartment For Sale in Al Malqa, Riyadh

High-Yield Investment Opportunity: Modern 143 sqm Apartment (3 Years Old) Rented at SAR 70K/Year + Mobily Tower Dividend for SAR 1.4M (Negotiable) – Riyadh | Al Malqa District

(An exceptional investment and homeownership opportunity offering a modern 143 sqm apartment in North Riyadh's ultra-prime Al Malqa district. Features a 3-year building age with premium finishes. The layout includes a formal majlis with installed central AC, living lounge, 2 bedrooms, 2 restrooms, and a fully fitted kitchen with a private lightwell. Represents an immediate turn-key investment: currently tenanted generating SAR 70,000/year, plus an additional annual dividend share (~SAR 2,500/year) from a Mobily telecom tower leased on the rooftop. Encumbered by a bank mortgage balance of SAR 989,000—offered direct from the owner at SAR 1,400,000 (negotiable))

Location: Riyadh Region – North Riyadh – Al Malqa District (Prime Position)

Property Type: Freehold Investment Residential Apartment

Total Unit Footprint: 143 sqm

Building Age & Condition: 3 Years Old (Modern Construction) ⏱

Private Amenities & Upgrades:

Installed Central Air Conditioning in the Majlis Lounge

Fully Installed & Fitted Kitchen Setup

Private Lightwell Vent Shaft Adjacent to Kitchen

Investment Yield Breakdown:

Currently Tenanted Annual Rental Income: SAR 70,000 / Year

Additional Mobily Telecom Tower Dividend Share: ~SAR 2,500 / Year

Financial & Mortgage Status: Encumbered by a Bank Mortgage Balance of SAR 989,000

Deal Structure: Direct Listing from Owner (Negotiable Pricing)

Occupancy Status: Ready for mortgage payoff processing and immediate title deed transfer

Financial & Pricing Breakdown:

Remaining Bank Mortgage Payoff Balance: SAR 989,000

Asking Selling Price: SAR 1,400,000 (Open for Negotiation)

Comprehensive Interior Layout Breakdown (143 sqm):

Formal Guest Majlis Lounge with Central AC

Main Family Living Lounge

Fully Fitted Kitchen with Private Lightwell Access

2 Comfortable Bedrooms

2 Finished Restrooms Shower Shower

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Bayut IDBayut - 87927546
  • Residence TypeFamily
  • CompletionReady
  • FurnishingUnfurnished
  • Added on29 March 2026
  • Property Age3 years

Features / Amenities

Air Conditioning
Guest Room
Electricity
Schools
+ 3 more amenities

REGA Verified Information

Validated Check Mark Icon

  • FAL License Number
    1200030988
  • License Issue Date
    30 January 2026
  • License Expiry Date
    27 January 2027
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Ad Responsible Info

  • Responsible Nameعبدالملك ابراهيم محمد الجمعان
  • Responsible Number0550041396

Location

  • Regionمنطقة الرياض
  • CityRiyadh
  • DistrictAl Malqa
  • Street Nameالحصير
  • Postal Code13521
  • Building No2916
  • Additional No6943
  • Latitude24.795021460866685
  • Longitude46.613345842648855

Property Specs

  • Advertisement TypeFor Sale
  • Listing Usage-
  • Listing TypeApartment
  • Price1400000
  • Area Size143.37
  • Number of Rooms3

Utilities

  • ElectricityYes

Additional Information

  • Listing Age3 years
  • Street Width0
  • Plan Number3360
  • Deed Number498507041917
  • Listing FaceEastern
  • Borders and Lengths-
  • Guarantees and Durationلايوجد
  • ChannelsLicensed platform, Bulletin board, Social media platforms
  • Obligations on Listingلايوجد
  • Compliance with Saudi Building Code-
  • Is Listing PawnedYes
  • Is Listing ConstrainedYes
  • Land Number29
  • Notesلايوجد

Property Borders

    North

    • Name:
    • Descriptionمنور 11 ومنور 12 ومنور 13 ووحدة 5 / 2
    • Length7.900 + 1.860 + 4.000 + 1.860 + 4.500 + 1.360 + 1.400 + 1.360 + 5.200

    East

    • Name:
    • Descriptionمواقف وشارع 30.00
    • Lengthستة متر و ستة و ثمانون سنتيمتر

    West

    • Name:
    • Descriptionوحدة 12 / 2
    • Length4.150 + 1.600 + 2.200

    South

    • Name:
    • Descriptionمنور 18 ومنور 19 وممر 2 ووحدة 10 / 2
    • Length20.050 + 0.500 + 1.350

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Location & Nearby

The location is fetched and verified by REGALocation Description as per Deed:حي الملقا بمدينة الرياض مساحة الوحدة من الأرض 60.02 متر وتختص من المنافع والأجزاء المشتركة بمساحة 44.57 متر
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