1,490,000
Est. Payment  9.7K/mo
Manfouhah Al Jadidah, Central Riyadh, Riyadh
3 Baths
239 Sq. M.

Residential Building For Sale in Manfouhah Al Jadidah, Riyadh

High-Yield Income-Generating Commercial Building for Sale – Riyadh
Rare Investment Asset – Guaranteed 11% ROI – Completely Remodeled (Over 500k SAR Invested)
An exceptional, turn-key residential building offering immediate, high-yield passive income in the established Al-Manfouhah Al-Jadeedah district. The property has just undergone a comprehensive, top-to-bottom premium renovation with a recorded capital expenditure exceeding 500,000 SAR (all documentation and invoices are available), making it completely maintenance-free for the incoming investor.
Location:
Al-Manfouhah Al-Jadeedah District, Riyadh
Total Land Area:
240 m²
Orientation:
Highly desirable Eastern Facade (
Wajhah Sharqiyyah
)
Asking Price:
1,490,000 SAR
Annual Rental Income:
160,000 SAR
Net Return on Investment (ROI):
11% Yield
---
Building Composition & Unit Layouts:
The property is efficiently split into
6 Generous Residential Apartments
, each offering an expansive family floor plan:
Apartment Size:
120 m² per individual flat.
Internal Apartment Specifications:
3 Large Bedrooms
designed for functional family occupancy.
1 Spacious central living lounge (
Salah Wasi'ah
).
1 Large independent kitchen.
2 to 3 Bathrooms per apartment (varies by unit placement).
Electrical Infrastructure:
Equipped with
5 Dedicated Electricity Meters
(
5 Addadat Kahraba
).
Comprehensive Top-to-Bottom Luxury Renovation:
Over
500,000 SAR
was recently deployed into a total structural and aesthetic overhaul, ensuring zero upcoming operational expenses:
Flooring:
Brand new, high-grade premium ceramic tiling throughout the entire building.
Infrastructure:
Completely replaced, modern heavy-duty electrical wiring and advanced plumbing/piping networks.
Finishes:
Fresh premium internal/external paint, brand new solid interior doors, and high-insulation modern windows.
Insulation:
State-of-the-art thermal and moisture barrier insulation (
Azl
) applied across the entire structure.

Certified Structural Guarantee:

25-Year Warranty:
Sold with a certified, officially stamped engineering consultant office guarantee covering the absolute structural integrity and framework safety of the building (
Daman Ala Salamat Al-Insha'at
).

Critical Investor Note:
All active tenant lease agreements across all apartments are perfectly synchronized to renew/mature on
April 1, 2026
, offering the new landlord total immediate control over management, lease transitions, or cash-flow scheduling from day one.

Property Information

  • TypeResidential Building
  • PurposeFor Sale
  • Bayut IDBayut - 87953721
  • Residence TypeFamily
  • CompletionReady
  • FurnishingUnfurnished
  • Added on14 April 2026
  • Property Age10+ years

Features / Amenities

Electricity
Water Supply
Schools
Hospitals
+ 4 more amenities

REGA Verified Information

Validated Check Mark Icon

  • FAL License Number
    1200012426
  • License Issue Date
    12 January 2026
  • License Expiry Date
    11 January 2027
Click to go to URL

Ad Responsible Info

  • Responsible Nameتركي عبدالكريم عبدالرحمن المنيعي
  • Responsible Number0558069000

Location

  • Regionمنطقة الرياض
  • CityRiyadh
  • DistrictManfouhah Al Jadidah
  • Street Nameالجوز
  • Postal Code12653
  • Building No6783
  • Additional No2778
  • Latitude24.611616716171984
  • Longitude46.71338846479709

Property Specs

  • Advertisement TypeFor Sale
  • Listing Usage-
  • Listing TypeResidential Building
  • Price1490000
  • Area Size239.46
  • Number of Rooms18

Utilities

  • ElectricityYes
  • SewerageYes

Additional Information

  • Listing Age10+ years
  • Street Width7
  • Plan Numberبدون
  • Deed Number160002738719
  • Listing FaceEastern
  • Borders and Lengths-
  • Guarantees and Duration-
  • ChannelsLicensed platform, Bulletin board, Social media platforms, Radio, Other
  • Obligations on Listingحسب الصك
  • Compliance with Saudi Building Code-
  • Is Listing PawnedNo
  • Is Listing ConstrainedNo
  • Land Numberبدون
  • Notes-

Property Borders

    North

    • Nameجار
    • DescriptionNorth
    • Lengthعشرة متر و عشرون سنتمتر+6.60م

    East

    • Nameشارع
    • Descriptionعرض مختلف من 5 الى 7
    • Lengthستة عشر متر و ثلاثة عشر سنتمتر

    West

    • Nameجار
    • DescriptionWest
    • Lengthخمسة عشر متر و ثمانون سنتمتر

    South

    • Nameقطعة
    • Descriptionرقم 2
    • Lengthاثنى عشر متر و ثمانون سنتمتر

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Location & Nearby

The location is fetched and verified by REGALocation Description as per Deed:حي منفوحة الجديدة بمدينة الرياض . تقسيم القطعة

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