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Enter the members’ areaSaudi Arabia · Riyadh · Al Narjis
Seventy finished townhouses behind a sculptural gate in Al Narjis.

One advisor, start to finish.
Speak with an advisorDerwaza is Al Majdiah's completed compound of 70 three bedroom townhouses in Al Narjis, north Riyadh, with ochre facades, glazed internal courtyards and a final two homes from SAR 2,000,000.
Derwaza means gate, and the compound announces itself with one: a large sculptural arch at the entrance, with ochre and terracotta townhouses behind it. Al Majdiah built 70 homes here in Al Narjis, north Riyadh, and they are finished. The photographs show ribbed walls, deep balconies and arched entrances, a modern facade worked in warm earth colours.
The homes are three bedroom townhouses of 414 to 420 square metres over ground, first and roof levels, each with five bathrooms and balconies. The interiors are arranged around glazed internal courtyards, so the living rooms take light from the middle of the house as well as from the street. Most homes overlook the compound courtyard; a few sit on the front or rear corners. Every listed home has a private parking space and an outdoor bay.
Derwaza is nearly sold through. On 1 October 2026 Al Majdiah's listing showed 12 of the 70 homes: 2 available, 2 sold and 8 booked or booked and paid. The two available townhouses started at SAR 2,000,000, before the 5 percent real estate transaction tax, and Al Majdiah accepts bank mortgage finance on the scheme. Treat them as the last two.
If neither suits, Sadu, Al Majdiah's other completed townhouse compound in Al Narjis, sits under 2 km away, with larger stated areas and more homes to choose from. Omnia represents the buyer: we confirm what remains at Derwaza on the day, arrange the viewing, check eligibility under the Saudi ownership rules and take the purchase through to transfer of title with Al Majdiah's sales team.
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
Three bedroom townhouses over ground, first and roof levels, from 414 to 420 square metres, each with five bathrooms, and interiors arranged around glazed internal courtyards.

From 414 to 420 square metres, from SAR 2,000,000. Five bathrooms, balconies, a private parking space and an outdoor bay for every listed home.
Most homes overlook the compound courtyard; some sit on the front or rear corners. With two available, ask which position each one has.
Al Majdiah accepts bank mortgage finance at Derwaza. Arrange approval in parallel with the reservation, not after it.

The setting
Ribbed ochre walls and deep balconies.
Why this address
A large sculptural arch marks the entrance, with ochre and terracotta townhouses behind it.
Glazed internal courtyards sit beside the living rooms, bringing daylight into the centre of the plan.
Townhouses of 414 to 420 square metres over three levels, each listed home with a private parking space and an outdoor bay.
On 1 October 2026 two townhouses were available, from SAR 2,000,000. Al Majdiah accepts bank mortgage finance.
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 townhousesOwnership & 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.
Derwaza is built, so you inspect the actual townhouse before you commit and agree the payment terms with Al Majdiah at reservation. Title transfers to you at the notary or through the real estate registry once the price is paid in full. Al Majdiah accepts bank mortgage finance on the scheme.
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 Narjis is in north Riyadh, and Derwaza's position in it favours the airport over Olaya. King Khalid International Airport is 10.3 km away in a straight line, the King Abdullah Financial District 13.9 km, At-Turaif in Diriyah 18.1 km, King Saud University 19.2 km and Kingdom Centre 20.2 km. For a household that flies often or works in the financial district, those are workable distances; for one tied to Olaya, test the commute first.
The developer is Dar Al Majed Real Estate Co., trading as Al Majdiah, listed on the Saudi Exchange main market under the ticker 4326 since 10 September 2025. Founded in 2014 and headquartered in Riyadh, the company states it has developed 2,500,000 square metres and more than 1,300 buildings. Derwaza is one of two finished townhouse compounds it has built in Al Narjis. Its case rests on design: the arch, the ribbed walls and the glazed courtyards.
With one house type, the choice looks simple, but the details still differ. Stated areas run only from 414 to 420 square metres, so the variables are position and outlook. Courtyard-facing homes are the majority, while some sit on the front or rear corners; with two available, ask which position each one has and stand in it before deciding. Five bathrooms for three bedrooms is a generous ratio, and the glazed internal courtyards are the feature to judge in person.
With two homes available, timing is the whole question. A finished townhouse needs no construction timetable, so the checks are the house itself, the parking and the finance. Al Majdiah accepts bank mortgage finance, so arrange approval alongside the reservation rather than after it. Title transfers at the notary on completion of payment. If you are not a Saudi national, eligibility depends on your residency status and on whether the plot sits inside one of REGA's designated zones; Omnia confirms both before any money moves.
Questions & answers
Derwaza is a completed compound of 70 three bedroom townhouses by Al Majdiah in Al Narjis, north Riyadh, entered through a large sculptural arch.
From SAR 2,000,000 on 1 October 2026, before the 5 percent real estate transaction tax.
Two. Al Majdiah's listing showed 12 of the 70 homes on 1 October 2026: 2 available, 2 sold and 8 booked or booked and paid.
Yes. The compound is complete, and Al Majdiah publishes photographs of the finished townhouses and interiors.
In Al Narjis, north Riyadh, 10.3 km in a straight line from King Khalid International Airport and 13.9 km from the King Abdullah Financial District.
Yes. Al Majdiah accepts bank mortgage finance at Derwaza; arrange the bank's approval alongside the reservation.
Derwaza means gate. The compound entrance is marked by a large sculptural arch.
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.
Yes. Every listed home has a private parking space plus an outdoor bay.
Look at Sadu, Al Majdiah's other completed townhouse compound in Al Narjis, under 2 km away, where 24 townhouses were available on 1 October 2026. Omnia can arrange both viewings on the same day.
Ask us today. We confirm which of the two homes is still free, send the floor plan, arrange a viewing, confirm eligibility and hold the home with Al Majdiah's sales team.
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
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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.
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