Building for Sale in Jeddah Ar Rayan





§7,650,000
Would you like to own the property?
Financing options**ready-to-income investment opportunity – rise j17** a new residential building completed in 2026, featuring modern design and high quality in construction, materials, and finishes — fully ready for investment and operation. 🏢 **property details** - 12 apartments with areas of approximately 155 m² - 2 rooftop units with areas of approximately 190 m² - high-quality finishes and materials - building is fully leased and ready to generate income ⭐ **an investment that generates income from day one** the building is fully leased to a company under a documented electronic lease contract for 3 years: - **year 1:** 550,000 sar - **year 2:** 575,000 sar - **year 3:** 600,000 sar **total income over 3 years: 1,725,000 sar** the most significant advantage is that the tenant bears the costs of water, electricity, maintenance, and operations as per the contract — providing the owner with a clear income investment with minimal operational requirements. the tenant is a company linked to long-term projects in the airport area, with the possibility of lease renewal and continuation according to the contract terms. **why rise j17?** new building + fully leased + income from day one + documented contract + corporate tenant + no operational hassle. 📄 **all documents are available for the buyer's review, including:** occupancy certificate, electronic lease contract (ejar), property deed, as well as building documents and warranties. **direct sale from the owning company.** for those wishing to visit the property, you are welcome at any time — our team will be ready to receive you and take you on a full building tour, with all documents available for review.
Listing Details
Street direction
North
Street width
15m
Age
New
Rooms
1
Area
600m²
Features
Advertiser Info
مؤسسة معاذ محمد احمد مشاط للتطوير والاستثمار العقاري
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