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Building For Sale in Al Wadi, Riyadh
Prime Residential Investment Opportunity: Renovated 28-Apartment Complex (3.5 Floors with Elevators) Generating SAR 1.6 Million Projected Yield in High-Demand Al-Wadi District – North Riyadh (SAR 20,000,000 Negotiable)!
Seize a premier, high-yield income-generating residential asset in one of North Riyadh's most established and high-demand rental corridors! Spanning a large 1,000 sqm land plot with 3,712 sqm BUA in Al-Wadi District, this fully renovated 3.5-story residential building comprises 28 turnkey 2-bedroom apartments equipped with fitted kitchens, installed ACs, and operational passenger elevators—projected to generate an impressive SAR 1,600,000 in annual gross income (~8% ROI) at an asking price of SAR 20,000,000 (Negotiable for serious buyers)!
Total Inventory: 28 Fully Renovated Residential Apartments (28 شقة)
Footprint Specs: Land Plot Area: 1,000 sq. m. | Built-Up Area (BUA): 3,712 sq. m.
Standard Unit Layout: 2 Bedrooms + Living Lounge + Fitted Kitchen + 2 Bathrooms
Building Structure: 3.5 Floors with Installed Passenger Elevators (٣ أدوار ونصف ومصاعد راكبة)
Location: Al-Wadi District (حي الوادي) – North Riyadh
Projected Gross Annual Yield: SAR 1,600,000 / Year (~8% Gross Yield / دخل متوقع 1.6 مليون)
Asking Price & Terms: SAR 20,000,000 | Slightly Negotiable for Serious Buyers (20 مليون ريال - قابل للتفاوض)
Detailed Building Features & Fit-Out Highlights:
/ Turnkey Unit Inventory: 28 identical units featuring 2 family bedrooms + central living lounge + fitted kitchen + 2 clean bathrooms.
/ Fit-Outs & Renovation: Completely renovated inside and out (مجددة بالكامل) + Pre-installed Kitchen Cabinetry + Pre-installed Air Conditioning Units across all 28 apartments.
/ Infrastructure & Location Advantage: Operational elevators serving all 3.5 levels + prime positioning in Al-Wadi District, ensuring high tenant occupancy rates and rapid turnover.
Prime 28-unit income-generating complex in Al-Wadi ready for acquisition! Click "Call" to reveal contact numbers and arrange your private inspection today!
Seize a premier, high-yield income-generating residential asset in one of North Riyadh's most established and high-demand rental corridors! Spanning a large 1,000 sqm land plot with 3,712 sqm BUA in Al-Wadi District, this fully renovated 3.5-story residential building comprises 28 turnkey 2-bedroom apartments equipped with fitted kitchens, installed ACs, and operational passenger elevators—projected to generate an impressive SAR 1,600,000 in annual gross income (~8% ROI) at an asking price of SAR 20,000,000 (Negotiable for serious buyers)!
Total Inventory: 28 Fully Renovated Residential Apartments (28 شقة)
Footprint Specs: Land Plot Area: 1,000 sq. m. | Built-Up Area (BUA): 3,712 sq. m.
Standard Unit Layout: 2 Bedrooms + Living Lounge + Fitted Kitchen + 2 Bathrooms
Building Structure: 3.5 Floors with Installed Passenger Elevators (٣ أدوار ونصف ومصاعد راكبة)
Location: Al-Wadi District (حي الوادي) – North Riyadh
Projected Gross Annual Yield: SAR 1,600,000 / Year (~8% Gross Yield / دخل متوقع 1.6 مليون)
Asking Price & Terms: SAR 20,000,000 | Slightly Negotiable for Serious Buyers (20 مليون ريال - قابل للتفاوض)
Detailed Building Features & Fit-Out Highlights:
/ Turnkey Unit Inventory: 28 identical units featuring 2 family bedrooms + central living lounge + fitted kitchen + 2 clean bathrooms.
/ Fit-Outs & Renovation: Completely renovated inside and out (مجددة بالكامل) + Pre-installed Kitchen Cabinetry + Pre-installed Air Conditioning Units across all 28 apartments.
/ Infrastructure & Location Advantage: Operational elevators serving all 3.5 levels + prime positioning in Al-Wadi District, ensuring high tenant occupancy rates and rapid turnover.
Prime 28-unit income-generating complex in Al-Wadi ready for acquisition! Click "Call" to reveal contact numbers and arrange your private inspection today!
Property Information
- TypeResidential Building
- PurposeFor Sale
- Bayut IDBayut - 88064762
- Residence TypeFamily
- CompletionReady
- FurnishingUnfurnished
- Added on2 August 2026
- Property Age10+ years
Features / Amenities
Electricity
Fiber Optics
Water Supply
Fixed Phone
+ 7 more amenities
REGA Verified Information
- FAL License Number1200019821
- License Issue Date13 June 2026
- License Expiry Date29 September 2026
Ad Responsible Info
- Responsible Nameعلي عبدالعزيز بن احمد الزهراني
- Responsible Number0559200109
Location
- Regionمنطقة الرياض
- CityRiyadh
- DistrictAl Wadi
- Street Nameوادي أبي عرب
- Postal Code13313
- Building No7082
- Additional No2797
- Latitude24.787303588893348
- Longitude46.68579316058297
Property Specs
- Advertisement TypeFor Sale
- Listing Usage-
- Listing TypeResidential Building
- Price20000000
- Area Size1000
- Number of Rooms5
Utilities
- ElectricityYes
- SewerageYes
- Fixed PhoneYes
- Fiber OpticsYes
Additional Information
- Listing Age10+ years
- Street Width30
- Plan Number2199/أ
- Deed Number1335361203500000
- Listing FaceEastern
- Borders and Lengths-
- Guarantees and Duration-
- ChannelsLicensed platform, Bulletin board, Social media platforms, Radio, Other
- Obligations on Listingلا يوجد
- Compliance with Saudi Building Code-
- Is Listing PawnedNo
- Is Listing ConstrainedNo
- Land Number15/أ
- Notes-
Property Borders
North
East
West
South
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Location & Nearby
The location is fetched and verified by REGALocation Description as per Deed:N/A
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