Est. Payment 9.1K/mo
Manfouhah Al Jadidah, Central Riyadh, Riyadh
10+ Beds
10+ Baths
229 Sq. M.
Residential Building For Sale in Manfouhah Al Jadidah, Riyadh
FOR SALE: Fully Code-Compliant Residential Investment Building (Corner Exposure) in New Manfuha District
Total Land Area: 229 sq. m
Orientation & Position: North-West Corner Plot
Street Widths: 10-meter wide street (West) + 10-meter wide street (North)
Property Age: 15 years
Utilities & Infrastructure: Fully permitted structure featuring 6 independent electricity meters
Investment Potential: Units are currently leased on annual contracts at historical below-market rates, presenting a immediate opportunity for rental yield optimization upon renewal
Listing Type: Direct listing from the Authorized Closing Power of Attorney (POA)
Units & Annual Rental Income Breakdown (SAR 86,000 Total):
Ground Floor (2 Apartments):
Rental Income: SAR 20,000 / year per apartment (Subtotal: SAR 40,000)
First Floor (2 Apartments):
Rental Income: SAR 18,000 / year per apartment (Subtotal: SAR 36,000)
Roof Annex (1 Apartment):
Rental Income: SAR 12,000 / year (Subtotal: SAR 12,000)
Price:
Highest Bid (Som): SAR 1,150,000
Selling Status: Seller is highly motivated; asking price is close to current bid
Total Land Area: 229 sq. m
Orientation & Position: North-West Corner Plot
Street Widths: 10-meter wide street (West) + 10-meter wide street (North)
Property Age: 15 years
Utilities & Infrastructure: Fully permitted structure featuring 6 independent electricity meters
Investment Potential: Units are currently leased on annual contracts at historical below-market rates, presenting a immediate opportunity for rental yield optimization upon renewal
Listing Type: Direct listing from the Authorized Closing Power of Attorney (POA)
Units & Annual Rental Income Breakdown (SAR 86,000 Total):
Ground Floor (2 Apartments):
Rental Income: SAR 20,000 / year per apartment (Subtotal: SAR 40,000)
First Floor (2 Apartments):
Rental Income: SAR 18,000 / year per apartment (Subtotal: SAR 36,000)
Roof Annex (1 Apartment):
Rental Income: SAR 12,000 / year (Subtotal: SAR 12,000)
Price:
Highest Bid (Som): SAR 1,150,000
Selling Status: Seller is highly motivated; asking price is close to current bid
Property Information
- TypeResidential Building
- PurposeFor Sale
- Bayut IDBayut - 88008800
- Residence TypeFamily
- CompletionReady
- FurnishingUnfurnished
- Added on15 June 2026
- Property Age10+ years
Features / Amenities
Electricity
Water Supply
Schools
Hospitals
+ 4 more amenities
REGA Verified Information
- FAL License Number1200030988
- License Issue Date14 June 2026
- License Expiry Date17 May 2027
Ad Responsible Info
- Responsible Nameعبدالملك ابراهيم محمد الجمعان
- Responsible Number0550041396
Location
- Regionمنطقة الرياض
- CityRiyadh
- DistrictManfouhah Al Jadidah
- Street Nameالعيفان
- Postal Code13336
- Building No3260
- Additional No6357
- Latitude24.60861562712563
- Longitude46.71156207319931
Property Specs
- Advertisement TypeFor Sale
- Listing Usage-
- Listing TypeResidential Building
- Price1400000
- Area Size229.23
- Number of Rooms15
Utilities
- ElectricityYes
Additional Information
- Listing Age10+ years
- Street Width10
- Plan Numberبدون
- Deed Number310121010745
- Listing Face-
- Borders and Lengths-
- Guarantees and Durationلايوجد
- ChannelsLicensed platform, Bulletin board, Social media platforms
- Obligations on Listingلايوجد
- Compliance with Saudi Building Code-
- Is Listing PawnedNo
- Is Listing ConstrainedNo
- Land Number1 / 1
- Notes-
Property Borders
- Nameشارع
- Descriptionعرض 10متر
- Lengthثمانية عشر متر و سبعة عشر سنتمتر
- Nameجار
- Descriptionقائم
- Lengthاحد عشر متر و اربعة و سبعون سنتمتر
- Nameشارع
- Descriptionعرض 10متر
- Lengthثلاثة عشر متر و خمسون سنتمتر
- Nameقطعة
- Descriptionرقم 1/ 2
- Lengthثمانية عشر متر و تسعون سنتمتر
North
East
West
South
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Location & Nearby
The location is fetched and verified by REGALocation Description as per Deed:حي منفوحة بمدينة الرياض .
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