Apartments for Sale in Jeddah

Advantages of Owning and Living in Jeddah

Jeddah, one of the major cities in Saudi Arabia, offers numerous benefits for both residents and investors. Here are the top five advantages:

• Strategic Location: Situated on the coast of the Red Sea, Jeddah provides breathtaking views and opportunities for marine activities. It also serves as a gateway for pilgrims heading to Mecca, enhancing its cultural and spiritual value.
• Cultural Diversity: Jeddah is known for its cultural diversity, hosting a large expatriate community from around the world, making it a multicultural and multi-religious city.
• Advanced Infrastructure: The city boasts advanced infrastructure, including modern road networks and public facilities, which enhance travel and mobility within the city and improve quality of life.
• Events and Activities: Jeddah is bustling with cultural, artistic, and recreational events throughout the year, such as the "Jeddah Ghair" festival, providing residents and visitors with numerous entertainment options.
• Economic Growth and Real Estate Development: Jeddah is a leader in economic growth within the Kingdom, with major developmental projects that increase property values and offer excellent investment opportunities.

Benefits of Investing in Jeddah Apartments

Investing in Jeddah apartments is a rewarding choice for many investors for the following reasons:

• High Demand: The real estate market in Jeddah experiences consistent and increasing demand from both locals and expatriates, ensuring a steady need for apartments.
• Excellent Appreciation of Property Value: Properties in Jeddah continuously appreciate due to urban development and infrastructure expansion, enhancing long-term profit opportunities.
• Attractive Rental Yields: Jeddah offers attractive rental yields due to persistent demand, allowing investors to enjoy relatively high rental incomes compared to other cities.
• Government Support: The Saudi government provides multiple incentives for real estate investors, including loan facilities and financing options, making the investment process more appealing.
• Diverse Investment Options: Jeddah offers a variety of real estate options suitable for different investors, from luxury apartments to mid-range residential units, providing investment opportunities for all.

Investing in Jeddah apartments can yield returns ranging from 5% to 8% annually, depending on factors like location, property type, and effective property management. Partnering with reliable real estate developers like Imtilak Global ensures the best outcomes in this market.

Best Areas in Jeddah to Buy Apartments

When looking for apartments for sale in Jeddah, choosing the right area is crucial for successful investment and comfortable living. Here are the top five areas in Jeddah for purchasing apartments:

1. The Corniche: As Jeddah’s waterfront area and hub for recreational and cultural activities, apartments here offer stunning views of the Red Sea, appealing particularly to those seeking a sophisticated lifestyle.
2. Al-Faisaliyah: Popular among families due to its schools, medical centers, and shopping complexes. Properties vary in size and price, accommodating various budgets.
3. Al-Shati: Known as one of Jeddah’s upscale neighborhoods, close to embassies and consulates, making it ideal for expatriates and diplomats. Apartments usually come as part of gated residential complexes offering maximum security and privacy.
4. Al-Nahda: Offers competitive prices compared to other neighborhoods, making it attractive for young investors and families looking for value for money.
5. At-Tahlia: One of Jeddah’s most modern and developed areas, filled with upscale cafes, restaurants, and hotels, perfect for those seeking a vibrant, urban lifestyle.

Average Prices of Apartments in Jeddah

Apartment prices in Jeddah vary based on factors like location, size, amenities, and construction quality. Here's an overview of average prices in some of the city’s prominent areas:

• The Corniche: Prices range from SAR 1,000,000 to SAR 3,000,000, depending on the area and view.
• Al-Faisaliyah: Prices vary between SAR 600,000 and SAR 1,200,000, influenced by available facilities and proximity to key centers.
• Al-Shati: This premium area has prices ranging from SAR 800,000 to SAR 2,500,000, based on specifications and services.
• Al-Nahda: More economical options are available here, with prices ranging from SAR 400,000 to SAR 700,000.
• At-Tahlia: Offers luxury apartments with prices ranging from SAR 1,000,000 to SAR 3,000,000, depending on luxury and location.

Apartments for Sale in Jeddah by Imtilak Global

Imtilak Global offers a diverse array of residential and commercial apartments in Jeddah, thanks to its partnerships with top real estate developers. These partnerships enable Imtilak Global to provide properties that meet the needs and budgets of all clients, whether they are searching for luxurious homes or cost-effective apartments. Here’s a glimpse at five of the projects that Imtilak Global is marketing in Jeddah:

1. Paradise Al Fayhaa: Offers apartments ranging from two to four bedrooms, with prices starting from $75,000.
2. Al Rawdah Scene: Features luxurious two-bedroom apartments starting at $166,000.
3. Rutile Project Al Faisaliyah: Provides two-bedroom apartments starting from $86,000.
4. Opal Residence Al Hamra: Available are apartments from two to three bedrooms, with prices beginning at $130,000.
5. Al Awali Homes Al Taysir: Offers three-bedroom apartments starting from $187,000.

Book a Free Real Estate Tour with Imtilak Global

Imtilak Global offers its clients a unique opportunity to explore real estate through free property tours, where clients can visit some of the most significant projects to choose the most suitable one for them. These tours include site visits, and consultations with real estate experts, and provide all the necessary information to make a confident purchasing decision.

With extensive experience in the real estate market, Imtilak Global is your ideal choice for searching for apartments for sale in Jeddah. Whether you are looking for a profitable investment or a new home for your family, Imtilak Global provides the support and services necessary to make the purchasing process smooth and comfortable.