Buy-to-let & hold
Investors
Considering this as an income or capital play? We model rental yield, the payment-plan cash flow and a clear exit before you commit.
Yield modellingCash-flow planExit strategy
Request an appraisalNow selling
1/5
Saudi Arabia · Riyadh · Al Nada
Al Majdiah 174
Sand-coloured low-rise apartments in Al Nada, from under a million riyals.
One advisor, start to finish.
Speak with an advisor£193,244Priced in SAR 959,000
Guide price from
2 – 3 bedroom · 87–277 m²
Available now
Now selling
Overview
Al Majdiah 174 is a 226-apartment scheme in eight buildings in Al Nada, north Riyadh, with two and three bedroom homes from SAR 959,000 and 155 available on 1 October 2026, sold off-plan under Wafi.
Al Majdiah 174 is the largest of Al Majdiah's current north Riyadh apartment schemes and the most open to choice: 226 homes in eight buildings in Al Nada, with 155 still available on 1 October 2026. That is more than two-thirds of the scheme, which means a buyer here picks a floor, an aspect and a plan rather than taking whatever is left.
It is also the entry point. Two bedroom homes start at SAR 959,000 and three bedroom homes at SAR 1,219,000, both before the 5 percent real estate transaction tax. On 1 October 2026 it was the only Al Majdiah apartment scheme in north Riyadh with a starting price under SAR 1 million. All seven one bedroom homes have sold.
In Al Majdiah's renders the buildings are low and sand-coloured, set among palms and planting, with sculpted balconies turning the corners and balconies recessed into the entrance elevation. A landscaped pedestrian walk lined with palms runs through the scheme. Al Majdiah describes it as planned for privacy in a quiet residential setting, and the low massing supports that reading.
Homes have two or three bathrooms, and many include a maid's room. Plans face the front or the side, many have balconies, and selected homes carry private yards or private roof terraces, which is why a three bedroom home can measure anywhere from 100 to 277 square metres. Most homes, 175 of the 226, have basement parking; some add an outdoor bay, and a few park outdoors only.
Al Majdiah sells the scheme off-plan under Wafi, with payments held in a project escrow account, and has published a film of it that we can send you. Omnia represents the buyer: we narrow 155 homes to the handful that fit your brief, confirm your eligibility to own, and reserve the one you choose with Al Majdiah's sales team.
- Property type
- Residential development
- Bedrooms
- 2 – 3 bedroom
- Interior sizes
- 87–277 m²
- Residences
- 226
DeveloperAl Majdiah
Payment planSold off-plan under Wafi: each stage payment goes into the project escrow account and is released against certified construction progress. Al Majdiah confirms the schedule for each home when you reserve.
However you're buying
Start with the right conversation.
Tell us which of these sounds like you, and an advisor will tailor the brochure, the numbers and the next step to your situation.
Buying to live
Home & second-home buyers
Buying somewhere to live, summer or retire? We match the right residence and handle the purchase and the move end to end.
Right residenceEnd-to-end moveHandover support
Plan your purchaseVisa & residency
Relocating buyers
Investor residency can follow a qualifying purchase. We confirm eligibility and walk you through the route.
Eligibility checkInvestor residencyFamily sponsorship
Check your eligibilityThe residences
Interiors made for living.
Two and three bedroom apartments from the ground to the third floor, with two or three bathrooms, a maid's room in many plans, and private yards or roof terraces on selected homes.
Two or three bathrooms
Maid's room in many homes
Balconies
Private yard on selected homes
Private roof terrace on selected homes
Two bedroom homes
87 to 193 square metres on all four floors, from SAR 959,000, with 36 available on 1 October 2026.
Three bedroom homes
100 to 277 square metres on all four floors, from SAR 1,219,000, with 119 available, the largest pool in the scheme.
Yards and roof terraces
Homes with private yards or roof terraces carry the largest stated areas and are not on every floor. Ask for them by name.
The amenities
Around the buildings
Landscaped pedestrian walk lined with palmsBasement parking for 175 of the 226 homesOutdoor bays for the restEight low-rise buildings
The setting
The scheme from further back, among the palms.
Why this address
The case for it.
Under SAR 1 million to start.
Two bedroom homes from SAR 959,000 before the 5% tax, the lowest entry price among Al Majdiah's north Riyadh apartment schemes.
155 homes to choose from.
More than two-thirds of the 226 homes were available on 1 October 2026, on every floor from the ground to the third.
Sand-coloured, low and planted.
Low-rise buildings in a warm sand tone, set among palms, with sculpted balconies and a landscaped pedestrian walk.
Yards, terraces and maid's rooms.
Private yards and roof terraces on selected plans, a maid's room in many homes, and two or three bathrooms throughout.
The investment case
Bought early, held for value.
- 226
- Homes
- in eight buildings
- SAR 959,000
- Entry price
- two bedroom, before 5% tax
- 155
- Available
- on 1 October 2026
- 6.5 km
- To KAFD
- straight line
All figures are indicative and provided for orientation only, not investment, tax or legal advice. Omnia does not guarantee rental yield or capital growth. Confirm every figure against the developer's current price list before reserving.
Availability
Select your residence.
Last updated October 2026 · 155 of 226 residences available
Bedrooms
ResidencePrice from
Ownership & how to buy
How ownership works.
Who can buy
Saudi nationals buy outright. Since 22 January 2026 the Law of Real Estate Ownership by Non-Saudis (Royal Decree M/14) lets non-Saudis own inside the designated zones REGA publishes on the Saudi Properties platform, and a legally resident non-Saudi, including a Premium Residency holder, may own one home for personal use outside them. Omnia checks the plot against the published map before you reserve.
Off-plan protection
Al Majdiah sells the scheme under Wafi, the off-plan sales programme overseen by the Real Estate General Authority. Buyer payments are held in a project escrow account and released against certified construction progress.
Costs on top of the price
List prices exclude the 5 percent real estate transaction tax. Non-Saudi buyers should budget roughly 10 percent in combined transaction taxes and fees, plus registration, under the M/14 framework.
Figures are indicative. Your advisor prepares a full, itemised cost breakdown for your specific residence and jurisdiction before you commit.
The location
Part of Al Nada
Al Nada
24.81° N, 46.68° E
The immediate setting.
- King Abdullah Financial District
- 6.5 km
- Kingdom Centre, Olaya
- 10.9 km
- King Saud University
- 12.1 km
- At-Turaif, Diriyah
- 13.7 km
- King Khalid International Airport
- 16.6 km
In the masterplan
Eight buildings, 226 homesPalm-lined pedestrian walkGround to third floorBasement parking
The wider picture
The country
Saudi Arabia
Own property in one of the Gulf's most ambitious real estate markets.
The city
Riyadh
The capital is being rebuilt at the scale of a country, and its best addresses are being drawn now.
In detail
A closer reading.
Al Nada is a newer residential district in north Riyadh. In a straight line, the King Abdullah Financial District is 6.5 km from the scheme, Kingdom Centre in Olaya 10.9 km, King Saud University 12.1 km and At-Turaif in Diriyah 13.7 km. King Khalid International Airport is 16.6 km away, closer than from Al Majdiah's schemes in Al Rabi or Hittin, which suits a household that flies often.
Al Majdiah, formally Dar Al Majed Real Estate Co., traces its roots to a single villa built in Riyadh in 1969 by the late Sheikh Abdulrahman bin Nasser Al Majed, the family's first investment building. The company itself was founded in 2014 and listed on the main market of the Saudi Exchange in September 2025 under the ticker 4326, at SAR 14 a share. A scheme of 226 homes sits comfortably within its stated record of more than 18,000 homes and 1,300 buildings.
The two bedroom homes run from 87 to 193 square metres across all four floors, with 36 available on 1 October 2026. The three bedroom homes run from 100 to 277 square metres, also from the ground to the third floor, with 119 available. The bottom of the three bedroom range sits inside the two bedroom range, and the top of both is lifted by private yards and roof terraces, so compare internal areas on the floor plans before you compare prices. Of the 226 homes, 68 had sold and 3 were booked and paid.
With this much stock, the risk is not missing out but choosing badly. Ask for the plans by floor and aspect, and decide early whether a yard, a roof terrace or a basement space matters to you, because those features are not on every home. Al Majdiah has not published a completion date, so ask for the timetable attached to the Wafi licence. Non-Saudi buyers should also confirm eligibility, which depends on residency and on whether the plot sits in one of REGA's designated zones; Omnia does that before any reservation.
Questions & answers
What buyers ask us.
What is Al Majdiah 174?
A 226-home apartment scheme by Al Majdiah in eight low-rise buildings in Al Nada, north Riyadh, with two and three bedroom homes from the ground to the third floor.
How much does an apartment at Al Majdiah 174 cost?
On 1 October 2026 two bedroom homes started at SAR 959,000 and three bedroom homes at SAR 1,219,000, before the 5 percent real estate transaction tax.
Are there apartments for sale in Al Nada, Riyadh?
Yes. Al Majdiah 174 had 155 apartments available in Al Nada on 1 October 2026: 36 two bedroom homes and 119 three bedroom homes.
Where is Al Majdiah 174?
In Al Nada, north Riyadh, 6.5 km in a straight line from the King Abdullah Financial District and 16.6 km from King Khalid International Airport.
Are there one bedroom apartments at Al Majdiah 174?
No. All seven one bedroom homes have sold, so the choice is between two and three bedroom plans.
When will Al Majdiah 174 be completed?
Al Majdiah has not published a completion date. The scheme is sold off-plan under Wafi, and the licensed timetable is shared on enquiry.
How are payments made?
In stages under Wafi. Payments go into a project escrow account and are released against certified construction progress. Al Majdiah confirms the schedule for each home when you reserve.
Can foreigners buy property in Riyadh at Al Majdiah 174?
Possibly. Non-Saudis may own inside REGA's designated zones, and a legally resident non-Saudi may own one home for personal use outside them. Omnia confirms your eligibility and the plot's status before you reserve.
Does every home have parking?
Most do. 175 of the 226 homes have a basement space, some with an outdoor bay as well; a few have outdoor parking only, so check the plan you choose.
Is there a film of Al Majdiah 174?
Yes. Al Majdiah has published a film of the scheme, and Omnia sends it with the floor plans and current availability.
How do I reserve a home through Omnia?
Tell us your budget, the size you need and the floor you prefer. We shortlist the matching homes, confirm eligibility and hold your choice with Al Majdiah's sales team while you review the Wafi contract.
Make an enquiry
Speak with an advisor.
Project and unit information, a guided presentation, or a viewing, with a named Omnia advisor from first question to final key.
Omnia private client team
Private client desk
A named Omnia advisor replies within one business day, with no obligation.
Due diligence
Read deeper before you decide.
The render is the easy part. These are the documents and the reading that make for a considered decision, prepared by Omnia or shared on request.
Document
The development dossier
We prepare the current documentation for this development and send it to you as a single file.
Request the dossierGuides
Ownership, plainly
Eligibility, title, ongoing costs and the considerations. What overseas buyers should understand before reserving.
Read the guidesReports & intel
Omnia's reading of the market
Where value is moving across our markets, researched and written by Omnia.
Read the reportsWhy Omnia
The residence is the visible part. The access, the advice and the standing behind it are what make a purchase considered.
Access
We work with buyers who value discretion and reach across significant purchases, including residences released privately, before they are widely marketed.
Independent advice
We work on the buyer's side of the decision, from first viewing to completion and the years that follow.
The whole picture
Availability, documentation, ownership structure and unit selection, considered together, so the decision is made with the full view, not a brochure.
For the long term
We help clients acquire property to hold and pass on, with clear-eyed attention to cost, structure and the considerations that come with off-plan ownership.
More from Omnia
Other addresses of note.
Saudi Arabia · Makkah · Masar
Ma’ad Tower
Ma’ad Tower is a forthcoming residential tower by Al Majdiah in the Masar destination, Makkah, about 1.7 km in a straight line from the Grand Mosque. Prices and plans are not yet published.
StatusComing soon
Saudi Arabia · Riyadh · Hittin
Teraz
Teraz is Al Majdiah's coming-soon scheme in Hittin, north-west Riyadh, 2.8 km from At-Turaif in Diriyah. Prices, sizes and unit types are not yet published; register with Omnia for the price book.
StatusComing soon
Saudi Arabia · Madinah · Al Hadra
Meshraf Al Majdiah
Meshraf Al Majdiah is a 412-home scheme of villas and apartments in Al Hadra, east Madinah. Phase one, 304 homes, sold in full to non-Saudi investors. Register through Omnia for the next release.
StatusNow selling
Explore our services
However we can help, it's one team.
From the first set of numbers to handover and beyond, pick a thread and we'll pick up the conversation.
Speak with OmniaBuying
Payment plansAvailability & pricingBrochure & floor plansBook a viewing
Investment
Rental valuationCash-flow modellingCurrency & FXResale & exit
Visa & residency
Eligibility checkInvestor residencyFamily sponsorship
After you own
Handover & snaggingRental managementConcierge & serviceMortgage introductions