Villa for Sale in Riyadh Al Wadi

# investment villa for sale | al-wadi district – riyadh 📍 **strategic and highly distinctive location** located in al-wadi district on saud bin muhammad bin muqrin street, parallel to prince mohammed bin salman road, between al-jazeera and the sports boulevard project, and opposite the arts district. 🔴 **important notice:** the ground floor has been sold. currently available for sale are the **first and second floors only**. --- ## 🏡 property details: ### first floor – two apartments 🔹 **apartment one:** living room + 1 bedroom + kitchen + 2 bathrooms 💰 rented for **34,000 sar/year** 🔹 **apartment two:** 3 bedrooms + living room + kitchen + 2 bathrooms 💰 rented for **47,000 sar/year** --- ### second floor – one apartment - open-plan living area connected to the kitchen - master bedroom with en-suite bathroom - small room - bathroom - large sitting room (majlis) - outdoor garden 💰 rented for **42,000 sar/year** - plus a driver's room 💰 rented for **10,000 sar/year** --- 💰 **total annual income from available units: 133,000 sar** --- ## 📈 investment opportunity the current yield on the asking price is approximately **5.3% per year**. there is also potential to develop the property by adding an additional studio unit, which could generate an estimated income of up to **22,000 sar/year**. with the completion of the sports boulevard project and the ongoing development of the area, there is potential for future yield growth, with estimates suggesting it could **exceed 7%** following development and increased revenues. --- ## ⭐ key features - property faces two streets: 20m (north) × 15m (west) - direct view of the sports boulevard project - side entrance - smart access system - all utilities available - close to uthman bin affan metro station near prince mohammed bin salman road - station is approximately 750m away – **6-minute walk** - imam university: approximately **5 minutes by car** - princess nourah university: approximately **8 minutes by car** --- 💵 **asking price: 2,500,000 sar** an investment opportunity in a strategic location in al-wadi district, with an existing rental income and direct views of the sports boulevard project.