Residential Building For Sale in Utaiqah, Riyadh
HIGH-YIELD INVESTMENT FOR SALE: Residential Building with ~10.8% ROI & Title Deed Registry on 2 Streets – Ateeqah District (Qanawat Real Estate Company)
Location: Ateeqah District – South-Central Riyadh (High-demand, strategic location with excelente accessibility and rental occupancy)
Total Land Area: ~213 sq. m
Orientation & Access (Corner Dual Frontage):
Frontage on a 10-meter wide street
Frontage on a 5-meter wide street
Property Age: 14 Years
Legal Documentation & Licensing:
Formally registered under the In-Kind Real Estate Registry System (Sijill Aini)
Complete with Official Building Permit & Certificate of Building Completion
Utilities: 8 Dedicated independent electricity meters
Value-Add Potential: Capacity to add an additional residential apartment unit to increase gross yield
Apartment Breakdown & Rental Income:
Current Residential Units: 7 Apartments
Apartment Layout: Each unit consists of (2 Bedrooms + Living Lounge + Kitchen + 2 Bathrooms)
Current Annual Rental Income: SAR 130,000 / year (Currently under paper lease agreements)
Pricing & Financial Details:
Asking Sale Price: SAR 1,200,000
Estimated Gross ROI Yield: ~10.8% annually
Location: Ateeqah District – South-Central Riyadh (High-demand, strategic location with excelente accessibility and rental occupancy)
Total Land Area: ~213 sq. m
Orientation & Access (Corner Dual Frontage):
Frontage on a 10-meter wide street
Frontage on a 5-meter wide street
Property Age: 14 Years
Legal Documentation & Licensing:
Formally registered under the In-Kind Real Estate Registry System (Sijill Aini)
Complete with Official Building Permit & Certificate of Building Completion
Utilities: 8 Dedicated independent electricity meters
Value-Add Potential: Capacity to add an additional residential apartment unit to increase gross yield
Apartment Breakdown & Rental Income:
Current Residential Units: 7 Apartments
Apartment Layout: Each unit consists of (2 Bedrooms + Living Lounge + Kitchen + 2 Bathrooms)
Current Annual Rental Income: SAR 130,000 / year (Currently under paper lease agreements)
Pricing & Financial Details:
Asking Sale Price: SAR 1,200,000
Estimated Gross ROI Yield: ~10.8% annually
Property Information
- TypeResidential Building
- PurposeFor Sale
- Bayut IDBayut - 88112421
- Residence TypeFamily
- CompletionReady
- FurnishingUnfurnished
- Added on31 August 2026
- Property Age10+ years
Features / Amenities
Electricity
Water Supply
Schools
ATM Facility
+ 3 more amenities
REGA Verified Information
- FAL License Number1100272315
- License Issue Date29 August 2026
- License Expiry Date31 October 2026
Ad Responsible Info
- Responsible Nameعبدالعزيز عبدالله رده المالكي
- Responsible Number0510658258
Location
- Regionمنطقة الرياض
- CityRiyadh
- DistrictUtaiqah
- Street Nameشهاب الدين العمادي
- Postal Code12671
- Building No7491
- Additional No2123
- Latitude24.59873856008998
- Longitude46.70431995079441
Property Specs
- Advertisement TypeFor Sale
- Listing Usage-
- Listing TypeResidential Building
- Price1200000
- Area Size213.13
- Number of Rooms15
Utilities
- ElectricityYes
- SewerageYes
Additional Information
- Listing Age10+ years
- Street Width10
- Plan Numberبدون
- Deed Number4326963322900000
- Listing FaceSouth Western
- Borders and Lengths-
- Guarantees and Duration-
- ChannelsLicensed platform, Bulletin board, Social media platforms, Other, Radio
- Obligations on Listingلايوجد
- Compliance with Saudi Building Code-
- Is Listing PawnedNo
- Is Listing ConstrainedNo
- Land Number1
- Notes-
Property Borders
North
East
West
South
Loan Calculator
Location & Nearby
The location is fetched and verified by REGALocation Description as per Deed:N/A
See location
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Agent:Abdulaziz Abdullah Radd Al-Maliki
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