Residential Building For Sale in Al Malqa, Riyadh
Prime 1,500 sqm Investment Building (25 Title Deeds) Generating SAR 1.488M/Year Next to The Avenues – Riyadh | Al Malqa District
(An exceptional, high-yield commercial investment opportunity to acquire a 4-year-old modern residential building adjacent to The Avenues Mall in North Riyadh's prestigious Al Malqa district. Occupying a prime 1,500 sqm Southeast corner plot (36m & 20m streets), the property features 25 individually deeded apartments, full occupancy with active electronic leases generating SAR 1,488,000 annually, basement parking, 2 elevators, and fitted split ACs/kitchens—offered for SAR 24,500,000)
Location: Riyadh Region – North Riyadh – Al Malqa District (Adjacent to The Avenues Mall Project)
Property Type: Commercial Residential Investment Building for Sale
Total Land Footprint: 1,500 sqm
Property Age: 4 Years Only (Modern Condition)
Corner Exposure & Facing: Southeast Facing Frontage on 2 Streets (36m South Street + 20m East Street)
Unit Breakdown & Legal Structuring: 25 Subdivided Apartments with 25 Independent Title Deeds
Building Infrastructure & Amenities: Full Basement Parking Garage + 2 Building Elevators + Fully Fitted Split ACs + Fully Fitted Kitchens
Investment & Operational Profile: Fully Tenanted via Individual E-Lease Contracts (Turn-key passive income investment)
Financials & Rental Yield:
Total Annual Rental Income: SAR 1,488,000 / Year
Total Asking Price: SAR 24,500,000
Interior Layout Breakdown across 25 Units:
Majority Units (Family Apartments):
Reception Majlis Lounge
Family Living Lounge
2 Bedrooms
Fitted Kitchen Space
2 Modern Bathrooms
2 Special Units (Ground Floor / Courtyard Apartments):
1 Bedroom
Living Lounge
1 Bathroom
Private Outdoor Courtyard / Yard
(An exceptional, high-yield commercial investment opportunity to acquire a 4-year-old modern residential building adjacent to The Avenues Mall in North Riyadh's prestigious Al Malqa district. Occupying a prime 1,500 sqm Southeast corner plot (36m & 20m streets), the property features 25 individually deeded apartments, full occupancy with active electronic leases generating SAR 1,488,000 annually, basement parking, 2 elevators, and fitted split ACs/kitchens—offered for SAR 24,500,000)
Location: Riyadh Region – North Riyadh – Al Malqa District (Adjacent to The Avenues Mall Project)
Property Type: Commercial Residential Investment Building for Sale
Total Land Footprint: 1,500 sqm
Property Age: 4 Years Only (Modern Condition)
Corner Exposure & Facing: Southeast Facing Frontage on 2 Streets (36m South Street + 20m East Street)
Unit Breakdown & Legal Structuring: 25 Subdivided Apartments with 25 Independent Title Deeds
Building Infrastructure & Amenities: Full Basement Parking Garage + 2 Building Elevators + Fully Fitted Split ACs + Fully Fitted Kitchens
Investment & Operational Profile: Fully Tenanted via Individual E-Lease Contracts (Turn-key passive income investment)
Financials & Rental Yield:
Total Annual Rental Income: SAR 1,488,000 / Year
Total Asking Price: SAR 24,500,000
Interior Layout Breakdown across 25 Units:
Majority Units (Family Apartments):
Reception Majlis Lounge
Family Living Lounge
2 Bedrooms
Fitted Kitchen Space
2 Modern Bathrooms
2 Special Units (Ground Floor / Courtyard Apartments):
1 Bedroom
Living Lounge
1 Bathroom
Private Outdoor Courtyard / Yard
Property Information
- TypeResidential Building
- PurposeFor Sale
- Bayut IDBayut - 88065081
- Residence TypeFamily
- CompletionReady
- FurnishingUnfurnished
- Added on2 August 2026
- Property Age4 years
Features / Amenities
Air Conditioning
Guest Room
Electricity
Water Supply
+ 7 more amenities
REGA Verified Information
- FAL License Number1200025217
- License Issue Date14 June 2026
- License Expiry Date13 June 2027
Ad Responsible Info
- Responsible Nameفيصل محمد بن سليمان الضويحي
- Responsible Number0554113619
Location
- Regionمنطقة الرياض
- CityRiyadh
- DistrictAl Malqa
- Street Nameرقم 407
- Postal Code13524
- Building No7552
- Additional No2623
- Latitude24.81662280597909
- Longitude46.602190520739015
Property Specs
- Advertisement TypeFor Sale
- Listing Usage-
- Listing TypeResidential Building
- Price24500000
- Area Size137.64
- Number of Rooms75
Utilities
- ElectricityYes
- SewerageYes
Additional Information
- Listing Age4 years
- Street Width30
- Plan Number2460 / أ
- Deed Number317828001082
- Listing FaceSoutheasterly
- 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 ConstrainedYes
- Land Number1298 / أ
- Notes-
Property Borders
- Name:
- Descriptionممر ومنور 6 ومنور 7 والوحدة 2/4 والوحدة 2/6
- Lengthأربعة و عشر ون متر و ثمانون سنتيمتر
- Name:
- Descriptionمواقف 6 وشارع 15
- Lengthخمسة متر و خمسة و خمسون سنتيمتر
- Name:
- Descriptionارتداد 2 وقطعة 1299/أ وقطعة 1301/أ
- Lengthخمسة متر و خمسة و خمسون سنتيمتر
- Name:
- Descriptionمواقف 6 وشارع 30
- Lengthأربعة و عشر ون متر و ثمانون سنتيمتر
North
East
West
South
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Location & Nearby
The location is fetched and verified by REGALocation Description as per Deed:حي القيروان بمدينة الرياض مساحة الوحدة من الأرض 82.8 متر وتختص من المنافع والأجزاء المشتركة بمساحة 150.89 متر
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