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Al Nakheel Property Prices

Riyadh, Saudi Arabia

Freehold Zone
Price/sqm (Buy) SAR 8 500 (~€2 125)
Price/sqm (Rent/yr) SAR 510 (~€128)
Gross Rental Yield 6.0%
YoY Change 6.0%

Estimates based on published market data as of June 2026. Not official valuations.

Disclaimer: All prices shown are market estimates based on published data sources. They do not represent official valuations or guaranteed transaction prices. This is not investment advice.

Price Breakdown

Buy Price (per sqm)

SAR 8 500 (~€2 125) 6.0% YoY

Rent Price (per sqm/yr)

SAR 510 (~€128) SAR 43/sqm per month

Gross Rental Yield

6.0% Before expenses and vacancy

Estimated Prices by Property Type

Property Type Price/sqm (Buy) Price/sqm (Rent/yr)
Apartment SAR 8 500
(~€2 125)		 SAR 510
(~€128)
Villa/Townhouse SAR 7 500
(~€1 875)		 SAR 450
(~€113)

Price Trend

Al Nakheel Price per sqm (SAR)

4 6505 7006 7507 8008 85020202021202220232024202520265 0005 5006 2007 0007 5008 0008 500

Historical estimated price trend. Not an official index. Data as of June 2026.

About Al Nakheel

Located in the northern part of Riyadh, Al Nakheel is an established upmarket residential area with tree-lined streets and well-maintained villas. It is close to the Diplomatic Quarter.

Property Types Available

  • villa
  • apartment

Amenities & Transport

  • Nakheel Mall
  • Diplomatic Quarter (nearby)
  • King Fahd Library

Ownership Status

Al Nakheel is a designated freehold zone where foreign nationals can purchase property outright. See our Saudi Arabia foreign ownership guide for details.

Nearby Areas in Riyadh

Compare Al Nakheel with other areas in Riyadh.

Area Price/sqm (Buy) Price/sqm (Rent/yr) Yield YoY vs Al Nakheel
Al Nakheel SAR 8 500
(~€2 125)		 SAR 510
(~€128)		 6.0% 6.0% --
Olaya SAR 9 700
(~€2 425)		 SAR 535
(~€134)		 5.5% 8.0% +14.1%
KAFD (King Abdullah Financial District) SAR 13 500
(~€3 375)		 SAR 675
(~€169)		 5.0% 13.0% +58.8%
Al Malqa SAR 8 000
(~€2 000)		 SAR 480
(~€120)		 6.0% 7.0% -5.9%
Hittin SAR 9 200
(~€2 300)		 SAR 506
(~€127)		 5.5% 8.0% +8.2%

Data Disclaimer

Market estimates based on published data. Not investment advice.

The property prices displayed for Al Nakheel are market estimates compiled from publicly available data sources. They are not official valuations, appraised values, or guaranteed transaction prices. Actual property values depend on exact location, unit condition, floor level, view, furnishing, and market timing. Always obtain a professional valuation before making a purchase decision.

Read full disclaimer →

Sources

Price estimates for Al Nakheel, Riyadh are compiled from government transaction registries (where available), real estate portal asking prices, and published market reports. Data last reviewed: June 2026.

  • Government transaction data (DLD, DMT, REGA, or equivalent)
  • JLL, Knight Frank, CBRE, ValuStrat market reports
  • Real estate portal listing data (Bayut, Property Finder, and equivalents)