Aug 15, 2023
Your Guaranteed Future Asset, and the Pillar of Your Financial Foundation
Real Estate, The Investment of a Lifetime
Contents
The Best Neighbourhoods in Riyadh with Investment Value:
Malaz District
As Sulaymaniyah District
Al Olaya District
With the economic diversification that took shape in the past years in the Kingdom of Saudi Arabia, the investment movement grew in all fields, due to the interest in pioneering at a new market that has always bestowed its generosity and its high profit value to the investors. Following the proposition of Vision 2030 Agenda, investment aspirations in the Kingdom exceeded even the regional borders, enticing the most powerful investors and companies around the world. Unprecedented cost-effective properties Riyadh, and the Kingdom in general, are promised to those privileged to take share in building the new era of Saudi Arabia. Real estate sector has received the lion's share of this attention, due to its emergence as a need that must be covered as soon as possible to accommodate the investment crews coming from abroad, thus creating Riyadh property investment opportunities to be fulfilled by hundreds of companies. Consequently, many developers stood out to take their place on the real estate stage, urged to become creative in presenting innovative projects that generated competitive Riyadh property market bargains with various designs and concepts. All this led to the availability of reasonable Riyadh property sales offers, budget-conscious real estate Riyadh, and value-focused housing Riyadh. In addition, the increase in demand on real estate market has accelerated by far, also leading to an increase in the value of capital and the added value of real estate. Fortunately for the investors who hesitate to put large amounts of money in one investment fearing to lose their capital due to the fluctuating economic conditions around the world, real estate market is one of the few sectors that avoided falling under the domination of economic globalization. In other words, the network of real estate transactions is subject to the conditions of one country and is not related to the economic conditions outside the territory of this country. On the other hand, when intending to invest in real estate, the investor must study his aim of freezing his capital in this venture, and accordingly they search for the best areas that suit their investment.
In this article, Mada Properties presents for you the insight of its real estate consultants on this matter, to provide you with a summary of the best Riyadh areas for investment in terms of value, and we show you a glimpse of the advantages that make these neighbourhoods valuable.
Malaz District
It is one of the most luxurious and famous neighbourhoods in Riyadh, located in east Riyadh. This neighbourhood is called Banan due to the spirit of luxury that dominates it and the quality of buildings and designs. Being one of the oldest neighbourhoods in Riyadh, it has gained enough importance and attention to establish many government agencies in it, such as the Ministry of Justice, the Ministry of Finance, the General Authority of Customs, the Saudi General Authority for Sports, Prince Faisal bin Fahd bin Abdulaziz Stadium, King Abdulaziz University Hospital, and many other service and technical bodies.
Al-Malaz District also prevails an important historical space in Riyadh, manifested in the form of some historical buildings that confirm the authentic identity of this neighbourhood. The most important of these buildings are King Saud I University building, the City of Employees, and the Saudi Book House. Al-Malaz District occupies a strategic location in the capital, as it lies on the intersection of Omar bin Abdulaziz Road and Al-Dubbat District from the north, bordered by Omar bin Al-Khattab Road and Thalim District from the south, while Ali bin Abi Talib Road and Al-Safa District adjoin it from the east, opposite to King Abdulaziz Road and the square District from the west.
And most importantly for your investment, the neighbourhood contains best value homes Riyadh, Riyadh budget property investments, apartments for sale in Riyadh, villas for sale in Riyadh, lands for sale in Riyadh, and apartments for rent in Riyadh. The neighbourhood also contains service facilities of the highest quality, such as restaurants, cafes, entertainment, and health care centres. Among the most famous streets of Al-Malaz District are 60th Street, Al-Ahsa Street, University Street, and Dhahran Street. It is also distinguished by the multiplicity of entrances and exits to and from it.
As Sulaymaniyah
One of the neighbourhoods affiliated to Al Olaya Municipality in north Riyadh, As Sulaymaniyah District is considered the commercial centre of the capital as it contains the best chains of hotels, restaurants, commercial, and shopping centres. These establishments made it one of the most luxurious neighbourhoods in the capital, increasing, as such, its real estate prices and rents, singling out its lifestyle to the elite. As Sulaymaniyah District has gained its importance due to its premium location, as it is bordered by Al-Urouba Road and Al-Worood District from the north, while its southern side lies alongside Makkah Al-Mukarramah Road and Al-Wazarat neighbourhood. From the east, the neighbourhood borders Abu Bakr Al-Siddiq Road and King Abdul Aziz neighbourhood, and from the west, Al Olaya District in Riyadh. As for the most important landmarks in As Sulaymaniyah District, in addition to the aforementioned shopping centres and the most luxurious hotels, the neighbourhood includes the Saudi Telecom Company, the General Administration for Security and Safety at the Ministry of Health, the Ministry of Health - Medical Referral Centre, the Military Police, and King Fahd Medical City. Together, they turn As Sulaymaniyah District to an inclusive investment melting pot inviting investors to seize the best deals on Riyadh properties, as it contains villas for sale Riyadh, apartments for sale Riyadh, and lands for sale Riyadh.
Al Olaya District
A neighbourhood affiliated with the Municipality of the North, but it is one of the most important and oldest neighbourhoods in Riyadh, as it includes the most important landmarks of the capital, such as the Kingdom Tower and the Faisaliah Tower, increasing, as such, the value of the neighbourhood. In addition to hosting the Saudi Ministry of Interior, Al Olaya District is home to a variety of service establishments, including recreational, educational, medical, and governmental facilities, in addition to its proximity to King Khalid International Airport and King Fahd National Library. The place gained its importance from its location on the outskirts of Al-Urouba Road, Al-Rahmaniyah neighbourhood, and Al-Wurood neighbourhood from the north, opposite to Makkah Al-Mukarramah Road, King Saud Road, and Al-Murabba neighbourhood from the south, while bordering As Sulaymaniyah neighbourhood on the east, alongside Al-Takhasosi Street and Al-Ma’athar Al-Shamali neighbourhood from the west. Al Olaya neighbourhood is located in the middle of a road network which makes it open to different exits and directions that facilitate access into and out of it. As a result, the demand for real estate in Al Olaya District increased for residential purposes, as well as touristic curiosity to come and live the prestige experience offered by the two most famous towers in the capital. This invited the authorities to ascertain the sophisticated ambience in the neighbourhood to serve as a grand façade of Riyadh and the kingdom.
It is known that Riyadh property market value propositions have grown significantly in recent years, as developers are trying to provide reasonably priced homes Riyadh and maintain Riyadh property market affordability. This has created competitive Riyadh real estate promotions in response to the high demand. As a result, suitable Riyadh real estate deals surged in the market to present an attractive invitation to those looking for Riyadh property market value picks that would guarantee them steady high return on investment, secured from the fluctuations of other investment sectors. Nevertheless, while prioritizing value-for-money real estate Riyadh, we cannot stress any less the importance of the place where to make the investment. Hence, we presented three Riyadh neighbourhoods with the highest value efficiency for you in this article.
Thus, in order to ensure that your investment is leading the most feasible direction, all you have to do is contact Mada Properties, the leading Saudi real estate company, in order to help you obtain the best property in Riyadh and the Kingdom in general.
Stay informed with expert-written articles and the latest trends in the real estate market.