Riyadh City, Saudi Arabia, has special importance in the Kingdom due to its political, economic and demographic weight. Riyadh is the capital of the Kingdom and the headquarters of its institutions and includes the most important official landmarks in Saudi Arabia. Riyadh is also the city with the largest population in the Kingdom. Riyadh is divided into several large regions between the east, the west, the north and the south.
One of the most promising areas for real estate investment in Saudi Arabia is the eastern Riyadh region, with its residential, commercial and administrative units that can be sold or rented to individuals and companies.
During recent years, the confidence of real estate investment has increased especially due to global economic crises, inflation, the Corona crises, and the Russian-Ukrainian wa. Real estate is capable of generating what is known as passive income.
What distinguishes real estate in eastern Riyadh is the proximity to important landmarks and main roads, most notably the ring road with its four axes: eastern, western, southern and northern.
Importance of Investing in Saudi Real Investment
What distinguishes real estate investment in general is providing a safe alternative that preserves your money in the face of inflation and at the same time guarantees you a good income. Likewise, Saudi real estate is known as an asset that increases in value, which makes real estate superior to bank savings, whose value remains constant.
Riyadh includes important and upscale neighborhoods with a high demand for residential, commercial and administrative areas. The most prominent neighborhoods recommended for real estate investment in Riyadh are:
- Al-Nahda neighborhood
- Al Narjis neighborhood
- Al-Ghadeer neighborhood
- Al-Rimal neighborhood
- Al Salam District
- Al-Falah neighborhood
- Hittin neighborhood
- Al-Wadi neighborhood
Whatever your goal from purchasing an investment property in eastern Riyadh, you will find distinctive properties that vary between villas, apartments, houses, shops, and administrative offices. Each of these properties has advantages, different income, and financial returns. For example, the financial rental return from administrative and commercial real estate is greater than the return from residential real estate.
Real estate investment most importantly provides financial investment income, which does not require continuous effort and work.
Therefore, real estate investment and buying properties with the aim of renting them out or flipping the property (i.e. buying the property, renovating it, maintaining it, then selling it at a higher price) are good activities for those with savings who fear taking risks in projects in which they do not have much experience.
Real Estate in East Riyadh, Infrastructure development
There are many distinctive and diverse neighborhoods in eastern Riyadh, the most prominent of which are: Al Rawdah, Al Naseem, Al Falah,As Sulay, Al Quds, Al Nazim, Al Hamra, Al Nahda, Granada, Al Mughrizat, Al Khaleej, Al Jazira, Al Rabwah, Al Rowad, Al Yarmouk, Cordoba, Al Shuhadaa, Al Rayyan, Al-Rimal, Al-Munisiyah, Al-Qadisiyah, Al-Saada, Al-Salam, Al-Andalus, Al-Rawabi.
East Riyadh includes very upscale neighborhoods that include spacious apartments, villas, and traditional Saudi homes, such as Yarmouk neighborhood, Rimal neighborhood, and Al-Qadisiyah neighborhood.
These neighborhoods have witnessed great development in services and facilities, infrastructure development, and an increase in the number of schools, hospitals, parks, as well as commercial markets.
The Most Important Services in Eastern Riyadh
Medical centers and hospitals
- Prince bin Abdulaziz Hospital
- Mouwasat Hospital
- Al Jazeera Hospital
- Family Care Hospital
Schools and educational institutions
- American International School
- Al Forsan International Schools
- Abdulaziz International Schools
- Kingdom schools
- Commercial malls
- Granda Mall
- East Plaza
- Hayat Mall Riyadh
- Olaya Mall