⃁3,700,000
Est. Payment ⃁ 24.0K/mo
Al Wizarat, Central Riyadh, Riyadh
10+ Beds
10+ Baths
225 Sq. M.

Residential Building For Sale in Al Wizarat, Riyadh

INVESTMENT OPPORTUNITY FOR SALE: Corner Residential Building Featuring 9 Apartments & 9 Electricity Meters with Rooftop Expansion Potential – Al-Wazarat District (Qanawat Real Estate Company)

Location: Al-Wazarat District – Central Riyadh (Vibrant high-demand commercial and residential area with fast access to city centers)

Total Land Area: 225 sq. m

Orientation & Access (Corner Building with Dual Street Frontage):

South-facing frontage on a 15-meter wide street

East-facing frontage on a 15-meter wide street

Utilities & Independent Meters: 9 Dedicated electricity meters (One meter per apartment unit)

Lease & Tenant Status: Current paper lease agreements (Formal eviction notices have been served to the current occupants)

Value-Add & Expansion Potential: Clear and unutilized rooftop space with potential capacity to construct 3 additional apartments to boost rental yields

Apartments Breakdown (Total 9 Units):
6 Large Apartments: Each unit consists of (5 Rooms + Living Lounge + Kitchen + 2 Bathrooms)

3 Medium Apartments: Each unit consists of (3 Rooms + Living Lounge + Kitchen + 2 Bathrooms)

Property Information

  • TypeResidential Building
  • PurposeFor Sale
  • Bayut IDBayut - 88108669
  • Residence TypeFamily
  • CompletionReady
  • FurnishingUnfurnished
  • Added on25 August 2026
  • Property Age10+ years

Features / Amenities

Electricity
Water Supply
Schools
ATM Facility
+ 3 more amenities

REGA Verified Information

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  • FAL License Number
    1100272315
  • License Issue Date
    24 August 2026
  • License Expiry Date
    31 October 2026
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Ad Responsible Info

  • Responsible Nameعبدالعزيز عبدالله رده المالكي
  • Responsible Number0510658258

Location

  • Regionمنطقة الرياض
  • CityRiyadh
  • DistrictAl Wizarat
  • Street Nameالحافظ الكبير
  • Postal Code12624
  • Building No7578
  • Additional No3130
  • Latitude24.67894380327131
  • Longitude46.710795980692275

Property Specs

  • Advertisement TypeFor Sale
  • Listing Usage-
  • Listing TypeResidential Building
  • Price3700000
  • Area Size225
  • Number of Rooms39

Utilities

  • ElectricityYes
  • SewerageYes

Additional Information

  • Listing Age10+ years
  • Street Width15
  • Plan Number1029
  • Deed Number8251037417800000
  • Listing FaceSoutheasterly
  • Borders and Lengths-
  • Guarantees and Duration-
  • ChannelsLicensed platform, Bulletin board, Social media platforms, Radio, Other
  • Obligations on Listingلايوجد
  • Compliance with Saudi Building CodeYes
  • Is Listing PawnedNo
  • Is Listing ConstrainedNo
  • Land Number322
  • 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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          Agent:Abdulaziz Abdullah Radd Al-Maliki
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