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Saudi Arabia · Riyadh · Al Izdihar
Al Majdiah 192
Thirty-five homes in two quiet buildings in north Riyadh.
One advisor, start to finish.
Speak with an advisor£213,395Priced in SAR 1,059,000
Guide price from
2 – 3 bedroom · 111–223 m²
Limited availability
Now selling
Overview
Al Majdiah 192 is a 35-home apartment scheme in two buildings in Al Izdihar, north Riyadh, with two and three bedroom homes from SAR 1,059,000, sold off-plan under Wafi.
Al Majdiah 192 is the smallest scheme in Al Majdiah's current Riyadh programme, and that is the point of it. Thirty-five apartments sit in two buildings in Al Izdihar, a settled family district in north Riyadh, each building four floors high from ground to third. There is no podium, no tower and no shared corridor running to a hundred front doors. Building A holds twenty homes and Building B holds fifteen.
The architecture borrows from modern European apartment houses. Pale stone elevations, framed windows and slate mansard roofs with dormers give the street a calm, residential face, which is unusual in a city where new apartment stock tends toward flat render and glass. Inside, the plans are arranged for families: most homes have three bathrooms, many add a storage room, and selected homes carry a maid's room.
The ground and top floors are where the scheme earns its keep. Several ground-floor homes open onto a private yard, and the third-floor homes take private roof terraces, which is why the largest two bedroom homes reach 223 square metres. Parking is in a basement for most homes, with outdoor bays for the rest.
On 1 October 2026, 27 of the 35 homes were available. Two bedroom homes start at SAR 1,059,000 and three bedroom homes at SAR 1,549,000, both before the 5 percent real estate transaction tax. The single one bedroom home has sold. Al Majdiah is selling the scheme off-plan under Wafi, the Real Estate General Authority's off-plan sales programme, so stage payments go into a project escrow account rather than straight to the developer.
Omnia represents the buyer. We hold the current price book, check each unit against the Saudi ownership rules before you reserve, and handle the reservation with Al Majdiah's sales team in Riyadh.
- Property type
- Residential development
- Bedrooms
- 2 – 3 bedroom
- Interior sizes
- 111–223 m²
- Residences
- 35
DeveloperAl Majdiah
Payment planSold off-plan under Wafi: stage payments go into the project escrow account and are released against certified construction progress. Al Majdiah confirms the schedule for each home at reservation.
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.
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Check your eligibilityThe residences
Interiors made for living.
Two and three bedroom apartments across four floors, most with three bathrooms, with private yards on selected ground-floor homes and roof terraces on the top floor.
Three bathrooms in most homes
Storage room in many plans
Maid's room in selected homes
Private yard on selected ground-floor homes
Private roof terrace on third-floor homes
Two bedroom homes
Twenty-eight homes from 111 to 223 square metres, from SAR 1,059,000. Most have three bathrooms and a storage room; the top-floor plans add a private roof terrace.
Three bedroom homes
Six homes from 139 to 179 square metres on the first and second floors, from SAR 1,549,000, with three or four bathrooms. Five were available on 1 October 2026.
Ground and top floors
Ground-floor homes with a private yard and third-floor homes with a roof terrace are the scarcest plans in the building. Ask for them first.
The amenities
In the buildings
Basement parking for most homesOutdoor parking baysTwo buildings of four floorsMansard roofs with dormer windows
The setting
The European-inspired elevations, with dormers set into the roofline.
Why this address
The case for it.
Thirty-five homes, not three hundred.
Two buildings of four floors, twenty homes in one and fifteen in the other. Fewer neighbours, shorter corridors and a building you can know.
A European face on a Riyadh street.
Stone-toned elevations, framed windows and slate mansard roofs with dormers, a calmer register than the glass and render around it.
Yards below, terraces above.
Selected ground-floor homes open onto private yards and the third-floor homes take private roof terraces, which is where the largest plans sit.
A listed developer, under Wafi.
Al Majdiah trades on the Saudi Exchange, and the scheme is sold off-plan under REGA's Wafi programme with payments held in escrow.
The investment case
Bought early, held for value.
- 35
- Homes
- in two buildings
- SAR 1,059,000
- Entry price
- two bedroom, before 5% tax
- 27
- Available
- on 1 October 2026
- 111–223 m²
- Two bedroom sizes
- largest with roof terraces
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 · 27 of 35 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 Izdihar
Al Izdihar
24.78° N, 46.71° E
The immediate setting.
- King Abdullah Financial District
- 7.5 km
- Kingdom Centre, Olaya
- 8.9 km
- King Saud University
- 11.9 km
- King Khalid International Airport
- 19.3 km
In the masterplan
Building A, 20 homesBuilding B, 15 homesGround 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 Izdihar sits in north Riyadh, which puts Al Majdiah 192 about 7.5 km in a straight line from the King Abdullah Financial District and under 9 km from Kingdom Centre in Olaya. King Khalid International Airport is about 19 km north. It is a district of established villas and low-rise apartments rather than a new masterplan, so the schools, mosques and daily shopping are already in place rather than promised.
The developer is Dar Al Majed Real Estate Co., trading as Al Majdiah, which listed on the Saudi Exchange under the ticker 4326 in September 2025. The family behind it built its first investment property in Riyadh in 1969, and the company states it has delivered more than 18,000 homes and 1,300 buildings. For a buyer, the listing matters more than the history: Al Majdiah publishes audited accounts and discloses material contracts, which is a stronger position than most mid-market Riyadh developers offer.
The unit mix is concentrated. Twenty-eight of the 35 homes are two bedroom apartments, from 111 to 223 square metres, and six are three bedroom apartments from 139 to 179 square metres. The spread inside the two bedroom range comes from floor position: the compact plans sit on the middle floors, while the largest are the third-floor homes with roof terraces. Prices follow the same logic, from SAR 1,059,000 for a ground-floor two bedroom home to SAR 1,769,000 for a roof-terrace home on the top floor.
Because the scheme is sold off-plan, the practical questions are timing and paperwork. Al Majdiah has not published a completion date, so ask for the timetable attached to the Wafi licence before you commit. Floor plans are shared on enquiry. If you are not a Saudi national, the second question is eligibility, which depends on whether you hold residency in the Kingdom and whether the plot falls inside one of the designated zones REGA publishes. Omnia confirms both before any money moves.
Questions & answers
What buyers ask us.
What is Al Majdiah 192?
A 35-home apartment scheme by Al Majdiah in two buildings in Al Izdihar, north Riyadh, with two and three bedroom homes across four floors.
How much does an apartment at Al Majdiah 192 cost?
On 1 October 2026 prices started at SAR 1,059,000 for a two bedroom home and SAR 1,549,000 for a three bedroom home, before the 5 percent real estate transaction tax.
How many homes are still available?
Twenty-seven of the 35 homes were available on 1 October 2026: twenty-two two bedroom homes and five three bedroom homes. Availability changes weekly, so ask Omnia for the current list.
Where exactly is Al Majdiah 192?
In Al Izdihar in north Riyadh, about 7.5 km in a straight line from the King Abdullah Financial District and about 19 km from King Khalid International Airport.
When will Al Majdiah 192 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 at Al Majdiah 192?
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?
Yes. Most homes have a basement space, and the remainder have outdoor parking; a few homes have both.
Which homes have outdoor space?
Selected ground-floor homes have a private yard, and the third-floor homes have a private roof terrace.
How do I reserve a home through Omnia?
Tell us the size and floor you want. We send the current availability and floor plans, confirm eligibility, and hold the unit 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.
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StatusComing soon
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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.
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StatusNow selling
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