· apartment

New Luxury High-Rise Residences with Pools and Gardens in Jeddah

Saudi Arabiaid #24047

Key details

Type
Apartment

Amenities

  • Air conditioning
  • Kitchen cabinets

Location

The project is a 10-minute walk from the renowned Jeddah Corniche Circuit. The Formula 1 Grand Prix took place here in March.

Traditionally, 3–4 months before the race, rental demand for properties near the circuit grows significantly. Organizers plan to use the circuit through at least 2027.

Investment highlights

Saudi Arabia is a country with enormous potential for investors.

Investing in real estate in Saudi Arabia can be profitable due to the following factors:

  • Commercial real estate investment volume in Saudi Arabia in 2020 was 2.8 billion USD (JLL).
  • Saudi Arabia is implementing reforms and providing incentives for foreign investors.
  • Commercial real estate values in Saudi Arabia are expected to grow by 3–5% in the coming year.

On the map

Property details (price, area, specifications, photos) are provided by a partner or seller, or taken from their sources. They are for reference only and may be inaccurate or out of date. This is not a public offer. For current terms, check with your advisor · Learn more.

This property is featured in

Curated collections from the catalog
Price2,187,000 EUR
Inquire