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.
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
- FAL License Number1100167490
- License Issue Date29 June 2026
- License Expiry Date24 July 2026
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
- Nameشارع
- Descriptionعرض 12م
- Lengthثمانية و عشرون متر
- Nameقطعة
- Descriptionرقم 271
- Lengthثلاثون متر
- Nameشارع
- Descriptionعرض 15م
- Lengthثلاثون متر
- Nameقطعة
- Descriptionرقم 274
- Lengthثمانية و عشرون متر
North
East
West
South
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