24,250,000
Est. Payment  157.1K/mo
Al Zahraa, North Jeddah, Jeddah
840 Sq. M.

Residential Building For Sale in Al Zahra

Investment Opportunity – Apartment Building Under Construction for Sale | Al Zahra District

This apartment building is located in Al Zahra District, directly opposite Souq Al Shati, on two streets in a prime strategic location. It presents an excellent opportunity for investors looking to sell the units as individually owned apartments or retain them as a long-term rental investment.

Ground Floor:
Includes 16 parking spaces, 3 storage rooms, 14 driver's rooms with private bathrooms, a security guard room with bathroom, and two reception lounges with restrooms.

Typical Floors:
The project consists of 4 typical floors, each with 3 apartments:

Apartment 1: 207.85 sqm – 4 bedrooms
Apartment 2: 216.60 sqm – 4 bedrooms
Apartment 3: 194 sqm – 3 bedrooms

Penthouses:
The project includes 2 penthouses measuring 260.10 sqm and 270.30 sqm, each featuring a 54 sqm terrace. Each penthouse offers 5 rooms (4 bedrooms and a majlis), in addition to a private roof on the same level and another rooftop on the upper level.

Project Summary:
The land area is 840 sqm, and the development comprises 14 residential units (12 apartments and 2 penthouses), served by two elevators. The project is being constructed in accordance with the Saudi Building Code under the supervision of a licensed engineering consultant. Specifications include a reinforced raft foundation, comprehensive waterproofing and insulation, a smart home system, ducted air conditioning, Turkish marble, German parquet flooring, modern façades, smart access to each apartment, and a dedicated parking space for every unit.

Warranties:

10-year structural warranty
5-year warranty on electrical works, plumbing, waterproofing, elevators, and HVAC equipment
15-year warranty on parquet flooring
Additional warranties covering aluminum works, doors, the smart home system, and water tanks

Expected Completion:
February 2027.

Estimated Sales Prices:
The average expected selling price per apartment is SAR 1,690,000:
Type 1: SAR 1,575,000
Type 2: SAR 1,725,000
Type 3: SAR 1,775,000
Each penthouse: SAR 2,650,000

Estimated Rental Income:
Large apartments (8 units): SAR 120,000 per year per apartment
Smaller apartments (4 units): SAR 100,000 per year per apartment
Each penthouse: SAR 220,000 per year

Asking Price:
SAR 24,250,000

A brokerage commission of 2.5% of the final sale price applies.

Property Information

  • TypeResidential Building
  • PurposeFor Sale
  • Bayut IDBayut - 88022423
  • Residence TypeFamily
  • CompletionReady
  • FurnishingUnfurnished
  • Added on29 June 2026
  • Property AgeNew

Features / Amenities

Guest Room
CCTV Security
Storage Areas
Private garage
+ 7 more amenities

REGA Verified Information

Validated Check Mark Icon

  • FAL License Number
    1100167490
  • License Issue Date
    29 June 2026
  • License Expiry Date
    24 July 2026
Click to go to URL

Ad Responsible Info

  • Responsible Nameابراهيم خالد سيف الدين عاشور
  • Responsible Number0544431416

Location

  • Regionمنطقة مكة المكرمة
  • CityJeddah
  • DistrictAl Zahraa
  • Street Nameابو لبابه الرفاعي
  • Postal Code23425
  • Building No2837
  • Additional No7979
  • Latitude21.590092566282852
  • Longitude39.13230163290024

Property Specs

  • Advertisement TypeFor Sale
  • Listing Usage-
  • Listing TypeResidential Building
  • Price24250000
  • Area Size840
  • Number of Rooms6

Utilities

  • ElectricityYes
  • SewerageYes
  • Fixed PhoneYes
  • Fiber OpticsYes

Additional Information

  • Listing AgeNew
  • Street Width15
  • Plan Number3 / 468 / ع
  • Deed Number381608004752
  • Listing FaceSoutheasterly
  • Borders and Lengths-
  • Guarantees and Duration-
  • ChannelsLicensed platform, Social media platforms, Other, Bulletin board
  • Obligations on Listingلايوجد
  • Compliance with Saudi Building CodeYes
  • Is Listing PawnedYes
  • Is Listing ConstrainedNo
  • Land Number273
  • Notes-

Property Borders

    North

    • Nameشارع
    • Descriptionعرض 12م
    • Lengthثمانية و عشرون متر

    East

    • Nameقطعة
    • Descriptionرقم 271
    • Lengthثلاثون متر

    West

    • Nameشارع
    • Descriptionعرض 15م
    • Lengthثلاثون متر

    South

    • Nameقطعة
    • Descriptionرقم 274
    • Lengthثمانية و عشرون متر

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Location & Nearby

The location is fetched and verified by REGALocation Description as per Deed:حي الزهراء بمدينة جدة .
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