Saudi Real Estate • Closed Position
Al-Khair District Land Acquisition
Residential Land — North Riyadh, Plan 3540 | Saudi Arabia
Annualized Return
+12.03%
Asset Class
Residential Land
20 × 50
Frontage × Depth (m)
1Executive Summary
On July 10, 2025, a residential land plot in Al-Khair District (حي الخير), North Riyadh, was acquired through a direct deal with the landowner at a 22% discount to the asking price. The plot — measuring approximately 1,005 sqm in Plan 3540 — was strategically selected based on its north-facing orientation, 20-meter street frontage with 50-meter depth, and proximity to active infrastructure development in one of Riyadh's fastest-growing northern corridors.
The position was exited on January 20, 2026, generating a 6.40% absolute return over 194 days, translating to an annualized return of 12.03%. The deal was sourced through direct owner relationships, negotiated significantly below the initial asking price, and executed with full electronic title deed verification through the Real Estate General Authority (REGA).
2Investment Thesis
Vision 2030 Tailwind
Riyadh's population is projected to nearly double to 15-20 million by 2030, driving unprecedented demand for residential land in northern expansion corridors.
Infrastructure Catalyst
Active electricity, water, and road paving works in Plan 3540/3541 — concrete utility bases being installed, transforming raw land into serviced residential plots.
Below-Market Entry
Negotiated 22% below asking price through direct owner access, creating immediate margin of safety and upside optionality.
3Why Al-Khair District?
Al-Khair District (حي الخير) sits along the Salbukh Road corridor in North Riyadh, approximately 25-30 km from the city center. The district has emerged as one of the most compelling residential land investment zones in the capital, driven by several converging macro and micro factors:
Strategic Location
- Adjacent to King Khalid International Airport
- Connected via King Fahd Road and King Salman Road
- Near King Abdullah City for Atomic and Renewable Energy
- Proximity to the Princes' Plan (مخطط الأمراء) — a premium residential zone
Active Development
- Electricity infrastructure being installed (concrete bases for utility rooms)
- Water and sewage networks under construction
- Road paving and asphalting in progress across multiple plans
- ROSHN's Sedra Community nearby — flagship Vision 2030 housing project
Strategic Location — Riyadh Metropolitan Area
Al-Khair District sits ~30 km north of the city center along the primary growth corridor, positioned between the Princes' Plan and King Khalid International Airport.
4Vision 2030 & Riyadh Real Estate Context
"Riyadh will be among the 10 largest city economies in the world."
— Saudi Vision 2030 Strategic Framework
Saudi Arabia's Vision 2030 has placed housing at the center of its national transformation agenda. The Housing Program (Sakani) targets raising homeownership among Saudi nationals to 70% by 2030, supported by financial subsidies, land grants, and subsidized mortgages. Riyadh, as the Kingdom's capital and economic engine, is absorbing the lion's share of this development push.
The Saudi real estate price index rose 4.3% in Q1 2025, with residential demand in Riyadh surging 15% year-over-year in 2024. North Riyadh has become the primary expansion vector, with mega-projects like ROSHN's Sedra Community, King Salman Park, and the Riyadh Metro all converging to transform the northern corridor into a premium residential hub.
Al-Khair District specifically benefits from its position within this growth corridor. The area recorded 276 real estate transactions in 2025, demonstrating robust market activity. Land prices in the district have appreciated at a compound annual growth rate of roughly 13% over the past five years, driven by infrastructure deployment and rising residential demand.
5Deal Timeline
June 2025 — Sourcing
Plot identified through direct owner network. Due diligence initiated — verified electronic title deed via REGA, confirmed residential zoning, checked infrastructure development status.
Late June 2025 — Negotiation
Negotiated directly with the landowner. Secured a 22% discount from the asking price — entry price per sqm below the district average at the time of acquisition.
July 10, 2025 — Acquisition
Title transfer completed. Ownership registered electronically through the Real Estate General Authority (REGA). Full ownership: 100%.
Jul–Dec 2025 — Holding Period
Infrastructure development accelerated in Plan 3540/3541. Electricity utility bases installed, road paving commenced, water network construction progressed. Land values in the area appreciated as serviced plots commanded premium pricing.
January 20, 2026 — Exit
Position exited at a +6.4% premium to entry. Return: +6.40% absolute, +12.03% annualized over the 194-day holding period.
6Deal Economics
| Metric |
Value |
Notes |
| Discount to Asking Price |
-22% |
Negotiated directly with landowner |
| Gross Profit |
+6.40% of capital deployed |
Before transaction costs |
| Return on Investment |
+6.40% |
Absolute return |
| Annualized Return |
+12.03% |
Based on 194-day holding period |
| Entry vs. District Avg |
Below Average |
Entry price per sqm below district average at acquisition |
| Price / sqm Appreciation |
+6.4% |
Per sqm appreciation over holding period |
| Holding Period |
194 days |
July 10, 2025 — January 20, 2026 |
7Verification & Compliance
The plot was registered through Saudi Arabia's Real Estate General Authority (REGA) electronic title deed system, ensuring full legal verification and transparency. Ownership was confirmed at 100% with no encumbrances or restrictions. The title deed was verified electronically, and the transaction was recorded through the official REGA platform.
REGA Verified
Electronic title deed confirmed through the Real Estate General Authority — full ownership registered with no encumbrances.
Residential Zoning
Plot confirmed as residential zoning under Plan 3540, compliant with all municipal regulations and development guidelines.
Clean Title
No prior liens, disputes, or restrictions. Full 100% ownership transferred electronically with government-verified documentation.
8Key Takeaways
Sourcing Edge
Direct owner relationships enabled a 22% discount to asking price, creating immediate margin of safety and a favorable risk/reward profile from day one.
Macro Alignment
The investment was aligned with Vision 2030's housing expansion mandate and Riyadh's northward urban growth trajectory — structural tailwinds that de-risked the position.
Catalyst Timing
Entry was timed ahead of active infrastructure deployment (electricity, water, roads), allowing the portfolio to capture value created by government-funded development.
Disclaimer: This document is prepared for educational and portfolio documentation purposes only. It does not constitute investment advice. Past performance is not indicative of future results. Real estate investments carry inherent risks including illiquidity, market fluctuations, and regulatory changes. All figures are based on actual transaction records verified through REGA electronic title deed system.
Sources & References
[1] Saudi Real Estate General Authority (REGA) — Electronic Title Deed System, eservices.rer.sa
[2] Saudi Vision 2030 — Housing Program, vision2030.gov.sa
[3] General Authority for Statistics — Real Estate Price Index, Q1 2025
[4] Aqar.fm — "5 Key Facts About Al-Khair District Plan in North Riyadh," August 2025
[5] Ministry of Municipal, Rural Affairs and Housing — North Riyadh Infrastructure Development Updates
[6] ROSHN Group — Sedra Community Development, North Riyadh
