for investors seeking a strong rental yield, and for residents looking for apartments or penthouses in a quiet, low-density neighborhood.
apartments and penthouses for sale in al muhammadiyah district, currently under finishing, with a finishing contract and handover in april 2027, and the possibility of immediate title transfer upon payment.
the project benefits from high demand for apartments due to limited supply in al muhammadiyah, with an expected rental yield of 9% to 10%, a rare return for residential apartments.
the apartment area is 138 square meters and includes two entrances, a living room, an open american-style kitchen, a majlis, a bedroom, a master bedroom, a maid's room, 4 bathrooms, and a balcony, with a front facade overlooking the garden and a rear facade on al madinah road.
the penthouse area is 245 square meters and includes 4 bedrooms, two majlis rooms, a living room, an open american-style kitchen, a maid's room, 5 bathrooms, and a rooftop.
the project provides a water tank, an electricity meter, and a private parking space, an elevator leading to a private corridor for the apartment, and a private elevator leading directly to the penthouse. the building is located close to a mosque.
the project includes cooperative insurance (al tawuniya) coverage for 20 years, an owners' association for one year, and warranties of up to 20 years.
payment is in cash. in the case of bank financing, a reservation amount of 150,000 sar is paid, and the bank procedures begin upon handover.
