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.
Members’ access
A private view of everything Omnia.
Priority opportunities, private releases, our members’ network, saved properties and tailored intelligence, all in one place.
Enter the members’ areaSaudi Arabia · Riyadh · Al Janadriyah
A 468-home scheme sold through off-plan, with one home left.

One advisor, start to finish.
Speak with an advisorAl Mashriqya 2 is a 468-home apartment scheme in 35 buildings in Al Janadriyah, east Riyadh, sold off-plan under Wafi. One three bedroom home remained on 1 October 2026, at SAR 725,330.
Al Mashriqya 2 is close to finished as a sale. Al Majdiah planned the scheme as 468 apartments in 35 buildings in Al Janadriyah, east Riyadh, and sold it off-plan under Wafi. On 1 October 2026, 461 homes had sold, 6 were booked and 1 remained available.
That record is why the page is worth reading even with one home left. A scheme of 468 homes selling through on the map is a concrete measure of demand for family apartments in this part of the city, and a useful reference for anyone weighing Al Majdiah's newer launches. The mix was planned around families: 384 of the 468 homes are three bedroom apartments of 148 to 169 square metres, alongside 66 one bedroom homes of 74 to 77 square metres on the third floor and 18 four bedroom homes of 239 square metres.
The home that remains is a three bedroom apartment, listed at SAR 725,330 before the 5 percent real estate transaction tax. The scheme's three bedroom homes sit from the ground to the second floor and range from 148 to 169 square metres, so ask for the plan, floor and area of this one before you decide. With a single home there is no choosing between plans, only a yes or a no.
Al Majdiah places the scheme near Khurais Road and Dammam Road, and describes it with green spaces and facilities including mosques, parks, education and commercial facilities and recreation centres. Its renders show low-rise buildings with patterned lattice screens along streets planted with palms.
Omnia represents the buyer. If the last home goes before you do, we can introduce you to Al Majdiah's other schemes in east and north Riyadh, among them Al Majdiah 163 in Al Faruq, east Riyadh, which is already built, and Adeem Alfursan, north-east of the city.
However you're buying
Tell us which of these sounds like you, and an advisor will tailor the brochure, the numbers and the next step to your situation.
Considering this as an income or capital play? We model rental yield, the payment-plan cash flow and a clear exit before you commit.
Buying somewhere to live, summer or retire? We match the right residence and handle the purchase and the move end to end.
Investor residency can follow a qualifying purchase. We confirm eligibility and walk you through the route.
The residences
A scheme planned around three bedroom apartments of 148 to 169 square metres, with one home still available on 1 October 2026.
A three bedroom apartment listed at SAR 725,330 before the 5 percent transaction tax. Ask for its plan, floor and area before deciding.
The 66 one bedroom homes, the 18 four bedroom homes and every other three bedroom home are sold or booked.
Omnia can introduce you to Al Majdiah's other schemes in east and north Riyadh, including homes that are already built.

The setting
Apartment buildings lining the street.
Why this address
On 1 October 2026, 461 of the 468 homes had sold and 6 were booked, all off-plan under Wafi.
Listed at SAR 725,330 before tax, it is the last available home in the scheme.
384 of the 468 homes are three bedroom apartments of 148 to 169 square metres.
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
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
By residence type
3-bedroom apartmentsOwnership & how to 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.
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.
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
The immediate setting.
The wider picture

Own property in one of the Gulf's most ambitious real estate markets.

The capital is being rebuilt at the scale of a country, and its best addresses are being drawn now.
In detail
Al Janadriyah is in east Riyadh, and Al Majdiah places Al Mashriqya 2 near Khurais Road and Dammam Road. In straight-line terms the scheme sits at much the same distance from the city's three usual reference points: about 22.2 km from Kingdom Centre in Olaya, 22.6 km from King Khalid International Airport and 23.0 km from the King Abdullah Financial District. It suits a family whose work, schools and relatives are in the east of the city more than a daily commuter to the financial district.
The developer is Dar Al Majed Real Estate Co., trading as Al Majdiah, listed on the main market of the Saudi Exchange under the ticker 4326 since September 2025. The company states it has delivered more than 18,000 homes in more than 1,300 buildings, home to more than 70,000 residents. At 468 homes, Al Mashriqya 2 is one of the larger schemes in its current portfolio, and the extent of its sale is the clearest evidence on this page of how Al Majdiah's off-plan schemes are received.
A sell-through tells a buyer some things and not others. It shows that hundreds of families committed to these plans and this location on the map, under Wafi, with their stage payments held in a project escrow account and released against certified construction progress. It does not tell you what the homes will rent or resell for, and Omnia does not quote either. Nor does it replace the usual checks on the home that remains: its plan, its floor and its position in the scheme.
The remaining questions are practical. Al Majdiah has not published a completion date, so ask for the timetable attached to the Wafi licence before you commit. If you are not a Saudi national, eligibility depends on whether you hold residency in the Kingdom and whether the plot falls inside one of the designated zones REGA publishes, and non-Saudi buyers should budget roughly 10 percent in combined transaction taxes and fees, plus registration. Omnia confirms all of this before any money moves. If the last home has gone, we will tell you the same day and show you what Al Majdiah has available instead.
Questions & answers
A 468-home apartment scheme by Al Majdiah in 35 buildings in Al Janadriyah, east Riyadh, sold off-plan under Wafi and almost entirely sold.
The remaining three bedroom home was listed at SAR 725,330 on 1 October 2026, before the 5 percent real estate transaction tax.
Almost. On 1 October 2026, 461 of the 468 homes had sold, 6 were booked and 1 was available. Ask Omnia whether it is still free.
In Al Janadriyah, east Riyadh, near Khurais Road and Dammam Road as Al Majdiah describes it, about 22.2 km in a straight line from Kingdom Centre.
384 three bedroom apartments of 148 to 169 square metres, 66 one bedroom homes of 74 to 77 square metres on the third floor and 18 four bedroom homes of 239 square metres.
Al Majdiah has not published a completion date. The scheme is sold off-plan under Wafi, and the licensed timetable is shared on enquiry.
In stages under Wafi. Payments go into a project escrow account and are released against certified construction progress. Al Majdiah confirms the schedule when you reserve.
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.
Omnia will tell you the same day and introduce you to Al Majdiah's other schemes in east and north Riyadh, including Al Majdiah 163 in Al Faruq, which is already built.
Al Majdiah describes green spaces and facilities including mosques, parks, education and commercial facilities and recreation centres.
Tell us you want it. We confirm it is still available, send the plan, check eligibility and hold it with Al Majdiah's sales team while you review the Wafi contract.
Make an enquiry
Project and unit information, a guided presentation, or a viewing, with a named Omnia advisor from first question to final key.
Due diligence
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.
We prepare the current documentation for this development and send it to you as a single file.
Request the dossierEligibility, title, ongoing costs and the considerations. What overseas buyers should understand before reserving.
Read the guidesWhere value is moving across our markets, researched and written by Omnia.
Read the reportsWhy Omnia
We work with buyers who value discretion and reach across significant purchases, including residences released privately, before they are widely marketed.
We work on the buyer's side of the decision, from first viewing to completion and the years that follow.
Availability, documentation, ownership structure and unit selection, considered together, so the decision is made with the full view, not a brochure.
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
Saudi Arabia · Makkah · Masar
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.
Saudi Arabia · Riyadh · Hittin
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.
Saudi Arabia · Madinah · Al Hadra
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.
Explore our services
From the first set of numbers to handover and beyond, pick a thread and we'll pick up the conversation.
Speak with Omnia