Master Plan Community Plot
XJ85+CJ An Narjis, Riyadh Saudi ArabiaProperty Information
- Date added: Added 5 days ago
- Category: Construction Project, Land, Plot
- Listing Managed by: Agent/ Agency
Description
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Description:
Presenting a massive, consolidated land portfolio of 322 acres (1,305,000sqm) in the prestigious An Nerjis area. An opportunity to acquire an asset in the capital poised for exponential growth as Riyadh continues its rapid expansion under Vision 2030.
Key Highlights:
Total Land Acquisition Price: 2,990,000,000 SAR
Price per Sqm: 2,300 SAR
Total Land Area: 1,305,000 sqm (Approx. 130 Hectares)
Portfolio Breakdown: Four contiguous plots (#83, #84, #97, #101) allowing for a single, master-planned mega-development or phased projects.
Prime Designation & Flexibility: The land is designated for future development, with its final usage to be defined upon approval of the design guidelines and building codes from the Riyadh Municipality. This provides immense flexibility to shape a project that aligns with future market demands.
Strategic Location: Situated in a key growth sector of Riyadh, ensuring high visibility and accessibility as the city's infrastructure expands.Strategic Development Upside:
Blank Canvas for Vision 2030: This parcel is a blank slate positioned to contribute to Riyadh's transformative goals. Potential uses include large-scale residential communities, integrated logistics hubs, commercial districts or mixed-use cities.
Financial Projection & Investor Returns:
Total Land Investment: 2,990,000,000 SAR
Projected End Value (Upon Master Plan Approval & Phased Development): Exceeding 10 Billion SAR
Value Creation Lever: The upside is driven by the significant land value appreciation upon securing detailed master plan approvals from the Riyadh Municipality. The subsequent phased development of residential, commercial and retail spaces unlocks multiples on the initial investment.
Return on Investment (ROI): Projected ROI stands to surpass 200%+ upon full development, representing one of the most substantial investment opportunities currently available in the Saudi market.This is not merely a land sale; it is an invitation to co-author the future of Riyadh's urban landscape. Securing this portfolio offers a strategic foothold in one of the world's most dynamic and fast-growing cities, with unparalleled potential for value creation.
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