Investing/Development for Sale Riyadh, Al Ulaya

$20,000,000 32.16 are
Show on map Property #2513 - Property Location on the Map
Investing/Development for Sale RASB7209. Photo#1
Property Location
City
Country
Address
RASB7209, 7209 Al Ulaya, 2740 Riyadh 13315, Riyadh, Riyadh Principality, Riyadh Province, Saudi Arabia
Near
Prince Salman Bin Muhammed Bin Saud St, As Sahafah, Riyadh 13315, Alyasmin, Riyadh Saudi Arabia, Riyadh Principality Saudi Arabia, Riyadh Province Saudi Arabia
Property Description

Saudi Arabia – Prime 3,150 m² Development Site (Up to 12 Floors) – Al‑Olaya, Riyadh Off‑market opportunity to acquire a 3,150 m² freehold development site in a high‑demand district of Riyadh, Saudi Arabia, suitable for a 12‑storey office tower, business hotel, or residential building (subject to final planning approvals). The site is held under an electronic title deed and currently income‑producing under a commercial lease, giving investors immediate cash flow while they design and entitle a higher and better use. Located in Al‑Olaya, one of Riyadh’s most established commercial and mixed‑use corridors, the land benefits from strong visibility, excellent access, and proximity to key business, retail, and hospitality hubs. Rectangular plot geometry and generous 60 m length allow for efficient floorplates, underground parking, and modern Grade‑A specifications tailored either to corporate tenants, hotel operators, or branded residences. The owners are seeking a developer and/or equity partner to unlock the full potential of the site through: A 12‑storey office building targeting blue‑chip tenants in Riyadh’s growing services and financial sector, or A business or lifestyle hotel capturing demand from corporate, government, and leisure travelers, or A mid‑ to high‑end residential building aligned with the city’s strong population and income growth. Key highlights: Plot size: approx. 3,150 m² (electronic title deed) Use: suitable for office, hotel, or residential development (subject to approvals) Structure: ideal for JV with experienced developer or forward‑funding investor Location: core Riyadh urban area with strong long‑term fundamentals under Vision 2030 Full documentation (title, layout, and current lease information) is available under NDA. Developers and investors interested in a Riyadh flagship project are invited to make contact to discuss JV structures, phased development, and exit scenarios.

Property Info
Ad Type
Investing/Development for Sale by Owner
Property Category
Commercial
Property Type
Investing/Development
Land Lot Area (as outlined on the map)
32.16 are
Price
$20,000,000
Last Update
1 day ago
Property Id
#2513
Contact Seller
Name
Abdulrahman Binghaith
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