24
⃁1,069,999
Est. Payment ⃁ 6.9K/mo
Al Narjis, North Riyadh, Riyadh
2 Beds
2 Baths
93 Sq. M.

Apartment For Sale in Al Narjis, Riyadh

Ready Investment Apartment for Sale – Fixed Income & 5-Year Full Management (A1418)

If you are looking for a turnkey real estate investment "ready from day one," take a look here

2-Bedroom Apartment in Asaken 14 Project – Al-Narjis District

Yielding an annual ROI of approximately 7% (Rents out for around 70,000 SAR/year).

Key Investment Highlight:
Buy the apartment… and receive it with an active tenant + immediate revenue stream + complete hassle-free property management at zero extra fees.

Exclusive Investment Offer:
Some apartments come with active rental contracts already in place; remaining units are leased in under two weeks.

Guaranteed tenant sourcing for 5 years.

Full Property Management: Rent collection, contract drafting, follow-ups, and re-leasing.

5-Year Homeowners Association (Ittihad Al-Mullak) fees fully covered.

Direct maintenance and ongoing monitoring by the original developer.

Daily building cleaning service.

0% Management Fees: No administrative or service costs.

All costs associated with tenant acquisition, legal lease agreements, and collection follow-ups are completely covered.

Building Features & Specs:
Luxury finishes with high ceilings

Central air conditioning + fitted kitchen

Smart entrance access + CCTV camera network

Dedicated basement parking

Integrated fire safety and suppression system

(Major Advantage: The developer is also the property operator, ensuring top-tier maintenance and quality preservation).

Apartment Layout:
2 Bedrooms (including a Master Suite)

Spacious living room with large panoramic windows

2 Bathrooms

Private balcony

Dedicated parking space

Private roof area

Prime Location (Al-Narjis District – Riyadh):
1 Minute from King Abdulaziz Road

3 Minutes from Abu Bakr As-Siddiq Road

Close to Tamimi Markets and Panda Supermarket

14 Minutes from King Khalid International Airport (RUH)

Pricing:
Starting from 880,000 SAR to 1,149,999 SAR

Why Choose This Opportunity?
Near-instant ROI starting right from day one.

Zero property management hassle or tenant administration.

High occupancy rate (the entire development typically leases out fully within a month).

Ideal for investors seeking a stable, hands-off income stream.

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Bayut IDBayut - 88033566
  • Residence TypeFamily
  • CompletionReady
  • FurnishingUnfurnished
  • Added on7 July 2026
  • Property AgeNew

Features / Amenities

Balcony or Terrace
Air Conditioning
CCTV Security
Fireplace Utility
+ 16 more amenities

REGA Verified Information

Validated Check Mark Icon

  • FAL License Number
    1200026533
  • License Issue Date
    18 June 2026
  • License Expiry Date
    17 June 2027
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Ad Responsible Info

  • Responsible Nameمحمد عبدالله بن صالح الحجاج
  • Responsible Number0547117070

Location

  • Regionمنطقة الرياض
  • CityRiyadh
  • DistrictAl Narjis
  • Street Nameسليمان الحمدان
  • Postal Code13333
  • Building No8516
  • Additional No3381
  • Latitude24.86366560483366
  • Longitude46.6574781471241

Property Specs

  • Advertisement TypeFor Sale
  • Listing Usage-
  • Listing TypeApartment
  • Price1069999
  • Area Size93.64
  • Number of Rooms2

Utilities

  • ElectricityYes
  • SewerageYes
  • Fixed PhoneYes
  • Fiber OpticsYes

Additional Information

  • Listing AgeNew
  • Street Width0
  • Plan Number2737
  • Deed Number3147721289100001
  • Listing Face-
  • Borders and Lengths-
  • Guarantees and Duration-
  • ChannelsLicensed platform, Bulletin board, Social media platforms, Radio, Other
  • Obligations on Listingلا
  • Compliance with Saudi Building Code-
  • Is Listing PawnedNo
  • Is Listing ConstrainedNo
  • Land Number4553
  • Notes-

Property Borders

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          The location is fetched and verified by REGALocation Description as per Deed:N/A
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