Dec 18, 2025
Al Narjis has emerged as one of the most rapidly developing neighborhoods in North Riyadh in recent years. It has transformed from a quiet area on the outskirts of the capital into a premier residential destination, renowned for its quality planning, abundance of services, and modern residential projects. With the accelerated urban expansion in North Riyadh, the neighborhood is now a primary choice for those seeking villas for sale in Al Narjis, Riyadh, whether for family living or long-term investment.
Thanks to its pivotal location, thriving service sector, and diverse real estate options, Mada Properties offers buyers access to the best projects and residential units in the neighborhood, based on precise market research and expert negotiation, making the ownership process safer and more transparent.
In this article, we will take you on a detailed tour of the neighborhood, exploring its location, streets, services, villa prices—Al Narjis villa prices—as well as the price per square meter in Al Narjis 2025. We will include a detailed comparison between 2024 and 2025, alongside a showcase of distinguished projects marketed by Mada Properties.
Al Narjis district is located in the heart of North Riyadh, within a strategic location connected to the city's main arteries. The neighborhood is bordered by several major roads: to the north by King Salman Road, to the south by Anas bin Malik Road, with Abu Bakr Al-Siddiq Road forming its western border and Prince Faisal bin Bandar Road its eastern border.
This central location provides residents with swift connectivity in all directions, especially as the neighborhood is just minutes away from:
This central positioning makes villas for sale in Al Narjis, Riyadh an ideal choice for those seeking to live in a high-growth environment with proximity to vital facilities and services.
Al Narjis has witnessed intensive development in recent years, becoming one of the most organized neighborhoods in North Riyadh in terms of street planning and the distribution of urban blocks.
Key features of the neighborhood's street network:
This organized structure contributes to increasing the value of villas for sale in Riyadh's Al Narjis and enhances the investment feasibility of the neighborhood, especially as North Riyadh areas are at the forefront of the city's future expansion plans.
The neighborhood boasts an integrated educational system, ranging from international, private, to public schools, alongside its proximity to prestigious universities. Notable options include:
Neighborhood Schools:
These schools cover all stages: kindergarten, primary, intermediate, and secondary, making the neighborhood perfect for families seeking stability without needing to leave the area.
Nearby Universities:
These major educational institutions are only minutes away from the heart of the neighborhood.
The area provides an integrated network of specialized clinics and nearby hospitals, enhancing residents' quality of life. Key medical facilities include:
The prevalence of these facilities increases the appeal of residential projects, like the Al Narjis Villas Project, which Mada Properties markets among diverse options in the area.
Al Narjis is one of the most diverse neighborhoods in North Riyadh for shopping options, featuring:
Residents can also quickly access:
These major commercial centers have significantly boosted demand for villas for sale in Riyadh Al Narjis.
An Narjis disrtict enjoys a distinctive environment suitable for families and outdoor activity enthusiasts, with modern parks and public facilities, including:
Residents can also enjoy nearby facilities like:
The neighborhood is known for its diverse residential options, especially villas, which are the most in-demand. Mada Properties works to market the best units through careful analysis of offers suitable for each client.
Villas in Al Narjis vary between:
Villas with relatively economical prices on the neighborhood's fringes.
The neighborhood also features both ready and under-construction projects, giving buyers flexibility in choosing their move-in date.
Al Narjis villa prices continue their upward trajectory, supported by high demand and the expansion of modern projects in North Riyadh. This has made the neighborhood one of the most attractive areas for investors and those seeking upscale living. Looking at 2025 data, the market has seen noticeable price jumps compared to the previous year. The cost of modern villas in the neighborhood starts from 1,850,000 Saudi Riyals, reaching up to 3,800,000 Saudi Riyals in some prime locations and luxury projects.
This price variation reflects several influencing factors, such as:
The market shows a clear distinction between building and land prices, with averages as follows:
These figures reflect the rapid growth level the neighborhood is experiencing, especially with the increase in housing projects and the rising standard of services.
Comparing prices over two consecutive years highlights the strength of real estate growth in Al Narjis:
This increase shows the market experienced growth of approximately 8% to 15% in just one year—a natural and expected growth rate given the massive urban expansion in North Riyadh.
This development makes investing in or buying a home in Al Narjis a strategically winning move, especially as the neighborhood is still in a phase of accelerated growth, indicating that prices are poised for further increases in the coming years.
Al Narjis is currently the most popular choice within North Riyadh areas for several reasons:
Whether you are looking for a family home or a long-term investment, villas in the North in general, and villas for sale in Riyadh Al Narjis in particular, are among the highest-value and most stable real estate assets.
Mada Properties markets a selection of upscale residential projects within Al Narjis. These combine strategic location, modern design, and construction quality to create ideal options for those seeking to live or invest in one of North Riyadh's most in-demand and fastest-growing neighborhoods. Below are the most prominent available projects with their full details:
Al Atraa project stands as one of the most luxurious addresses in Al Narjis, with a starting price from 4,462,000 SAR. It comprises only 10 residential units, enhancing privacy and exclusivity, with scheduled delivery in Q4 2026. It offers units with 4 to 5 bedrooms.
Al Atraa is an award-winning project, having received the award for Best Luxury Residential Project in the Kingdom. It combines stunning design with a luxurious living experience. Every detail is crafted to make daily life an experience filled with tranquility and beauty. Luxury here is not an add-on but a lifestyle upon which every project detail is built, allowing you to live in a quiet, elegant environment that reflects your taste and personality.
The Al Mutakamilah Project is an ideal choice for those seeking modern living at accessible prices within Al Narjis. Prices start from 1,720,000 SAR. It contains only 4 units, offering a sense of privacy and tranquility, and provides residential floors with 3 to 4 bedrooms.
The project features modern designs and well-planned spaces that balance comfort and practicality, making it a perfect choice for families seeking a stable environment close to services and main roads. Al Mutakamilah combines execution quality with an attractive price, making it one of the best residential choices in the neighborhood.
The Maqam kwrtyard Project introduces a new concept for modern apartments in Al Narjis, with a starting price from just 891,000 SAR. The project contains 61 residential units, with 57 currently available, offering apartments with 2 to 3 bedrooms.
The project is distinguished by its strategic location surrounded by vital services and its modern architectural design focusing on comfort and privacy. The apartments feature high-quality finishes and diverse spaces suitable for small families and those seeking a home that combines practicality and elegance. Maqam Courtyard is a distinctive opportunity for those looking for a home in an integrated environment without compromising on price or location.
Because Mada Properties offers you more than just a property listing; it provides you with an easy and clear ownership journey, backed by high expertise and a deep understanding of your needs. The company selects the best projects for you in terms of location, value, and quality, offering multiple options that suit your budget and aspirations. With its commitment to transparency and continuous follow-up, Mada has become a trusted partner for anyone seeking an upscale home or an investment opportunity that guarantees real growth.
Al Narjis today represents one of the most important investment hotspots in North Riyadh, thanks to its location, rapid development, diverse real estate offerings, and the availability of all modern lifestyle essentials. If you are searching for villas for sale in Al Narjis for living or investment, Mada Properties is your gateway to the best options with the highest level of accuracy and professionalism.
Whether you want a modern villa, a project within Al Narjis Villas, or are looking for the best Al Narjis villa prices or to know the price per square meter in Al Narjis 2025, you will find the answers and solutions with Mada Properties to help you make your decision confidently.
Al Narjis is distinguished by its vital location near King Salman Road and Abu Bakr Road, in addition to the diversity of modern housing projects and developed infrastructure, which have made it one of the most in-demand neighborhoods.
Villa prices in Al Narjis for 2025 range between 1,850,000 and 3,800,000 Saudi Riyals, depending on area, finishing, and location within the neighborhood.
The price per square meter for construction ranges between 3,300 – 4,100 SAR, while the price per square meter for land ranges between 3,800 – 5,200 SAR.
Yes. The neighborhood includes reputable schools, healthcare centers, markets, parks, and a modern environment, making it an ideal choice for families.
Highly profitable, due to the high demand and annual price increases ranging between 8% and 15%, in addition to the expanding developmental projects in North Riyadh.
Stay informed with expert-written articles and the latest trends in the real estate market.
August 27, 2026
Mortgage lending in Saudi Arabia operates inside a defined regulatory framework set by the Saudi Central Bank (SAMA), with each lender layering its own credit policy on top. The practical consequence is that eligibility, and the amount you can borrow, are not a verdict handed down at the branch. They are figures you can work out in advance.
That matters, because most property purchases in Riyadh today are financed over fifteen years or more, and the size of the financing available is what sets the range you can realistically shop in, not the other way round.
Real estate financing is an amount advanced by a bank or a finance company licensed by SAMA to buy a residential property, repaid in monthly instalments that typically run from fifteen to thirty years. The property is registered as security in the lender’s favour until the balance is settled in full.
One point of terminology worth clearing up early: in the Saudi market, "home loan," "mortgage" and "real estate financing" all describe the same thing. The meaningful difference is structural, most products offered in the Kingdom are built on Sharia-compliant contracts rather than interest-bearing lending, which is why you will see profit rates quoted rather than interest rates.
The contract structure varies between lenders. Three are common:
The difference between these is not just nomenclature. It affects when title passes to you, how early settlement is treated, and how insurance is handled. Ask which structure applies to your offer before you sign, not after.
Requirements are broadly consistent across lenders in the Kingdom; what varies are the thresholds:
Four of these decide the outcome more than the rest. They are worth taking in turn.
A complete, internally consistent file shortens the assessment and reduces the chance of rejection. Most lenders ask for:
Check that the details match across documents. A salary figure or employer name that reads differently on the salary certificate than on the bank statement is a routine cause of delay.
The Sakani programme, delivered with the Real Estate Development Fund (REDF), provides support to eligible Saudi nationals, including coverage of part of the profit margin up to a defined financing ceiling. General eligibility conditions:
The financing track adds further conditions: a minimum monthly income, a defined age band, the property being your first home, and an acceptable credit standing.
One point that is regularly missed: eligibility is determined through the Sakani platform, not by the bank. You can meet a lender’s commercial criteria and still fall outside the support criteria, or the reverse. Figures and ceilings are revised periodically, so use the official eligibility calculator rather than numbers quoted second-hand.
Financing is available to non-Saudis, on more conservative terms:
The wider ownership picture changed in 2026. Royal Decree M/14 took effect on 22 January 2026, consolidating non-Saudi property ownership under a single framework, and the Council of Ministers approved the executive regulations and the designated geographic zones in June 2026. Those zones include Riyadh. Because the rules are recent and documentation is still being published, confirm the current position before committing funds.
There is no single best lender, because the right one depends on your employment sector, where your salary is paid, and the type of property. The market offers three categories of provider:
Rather than looking for a ranking, compare offers on five points:
Because pricing and promotions shift, request written offers from more than one provider and compare them on the same day. That is the most reliable way to identify the best option for your particular position.
Most rejections come down to causes you can address before you apply:
A rejection is rarely final. Ask for the reason in writing — it tells you precisely what to fix before the next attempt.
Termination is governed by the terms of your contract and by SAMA regulation. Three situations account for most cases:
Termination is not the same as refinancing. Refinancing moves your existing facility to another provider on better terms while the obligation continues; termination ends the contractual relationship. Read the early settlement clause and its associated fees before you sign, and if you cannot reach a resolution with your lender, a complaint can be raised through SAMA’s official channels.
Mortgage requirements in Saudi Arabia are transparent and verifiable in advance, and the most common mistake is searching for a property before establishing borrowing capacity. The productive order is the reverse: calculate your debt burden ratio, review your SIMAH record, check your eligibility on Sakani, then search within the range that is actually open to you.
Once you're ready, speak with the Mada Properties team for expert guidance based on current market insights.
On a SAR 8,000 salary with no existing commitments, the maximum monthly instalment could reach roughly SAR 4,400 at a 55% debt burden ratio. The corresponding financing amount depends on the repayment term and profit rate offered, which is why the result differs between lenders.
Yes, on more conservative terms — a higher down payment and a repayment term tied to your iqama and employment contract. Sakani and REDF support is not available to non-citizens. Ownership itself now falls under Royal Decree M/14, in force since 22 January 2026, within designated zones that include Riyadh.
Indicative limits run between 55% and 65% of monthly income depending on borrower category and lender policy, and all existing commitments count towards it. Check SAMA’s responsible lending principles for the current position, as they are updated periodically.
SAMA raised the maximum loan-to-value ratio on a first home for Saudi citizens to 90%, putting the minimum down payment at 10%. It falls further on subsidised tracks for properties below a defined value ceiling.
Most products offered in the Kingdom are structured on Sharia-compliant contracts — commonly Murabaha or Ijara Muntahia Bittamleek — rather than interest-bearing lending, which is why lenders quote a profit rate rather than an interest rate.
August 27, 2026
Riyadh Metro has changed how the capital’s property market is priced. Distance to the nearest station now sits alongside district and unit size in what buyers weigh, and the effect is already measurable: within a single district, homes near stations have grown in value at a different rate from those on its outer edges.
The station itself does not create value. Three mechanisms do.
A King Saud University study of the KAFD station recorded a 15 to 30 percent rise in vertical residential density, alongside a shift toward mixed-use.
Knight Frank’s 2025 analysis identified what it called a metro premium, comparing price growth near stations with growth in the same district’s outer areas.
Source: Knight Frank, 2025 (Q2 2023 – Q2 2025).
The same research estimates that 1.5 million of Riyadh’s 8.3 million residents live within a 15-minute walk of a station. King Saud University puts the uplift at 10 to 25 percent in market and rental value within 400 to 800 metres. The pattern is consistent: the gap widens in districts that were poorly connected before the metro, and narrows in established ones.
Dubai is the closest comparable market. Its metro has run since 2009, and its transaction data has been studied academically. The findings are less uniform than the headlines suggest.
JLL puts the walking-distance premium at between 5 and more than 25 percent, with high-density communities gaining far more than villa communities. The lesson for Riyadh: proximity pays, but sitting on top of a station does not.
CBRE recorded a premium of around 20 percent on homes near Elizabeth Line stations — and it materialised after the project was approved, well before services began in 2022. Over a longer window, prices near stations rose 80 percent between 2008 and 2023 against 74 percent in the surrounding areas: a net premium of six percentage points.
The takeaway is about timing. Most of the gain lands between announcement and opening, not after. That puts announced Riyadh Metro extensions, including the Red Line expansion toward Diriyah, in the window investors are watching now.
The districts that gain the most share three traits: density with room to grow, proximity to employment hubs, and weak connectivity before the metro.
Low-density villa communities gain less, since residents there still commute by car. Sitting on a metro line is not enough on its own — what matters is genuine walking distance to a station.
Evidence from comparable markets points one way: the metro effect is stronger on commercial property. Stations generate concentrated daily footfall, which serves retail and offices far more directly than a residential unit. That shows up in three places.
Residential remains less volatile and easier to exit. There, the metro effect shows as faster letting and firmer rents rather than a sharp price jump.
Expo 2030 will run on a six-million-square-metre site north of the capital, next to King Salman International Airport, with more than 40 million visits expected. Expo 2030 Riyadh Company estimates a GDP contribution of around SAR 241 billion during construction and roughly 171,000 direct and indirect jobs.
Both forces push the same way. Metro access determines how easily a district is reached; Expo determines how many people need to reach it. North Riyadh corridors close to both carry the strongest case. The usual caution applies to any event-led cycle: judge an asset on net yield and clear title, not projected price.
Riyadh continues to grow on the back of Vision 2030 and Expo 2030, and demand has followed into districts served by the network. Currently available through Mada Properties:
The Riyadh Metro effect on property values is real, but selective. It widens in mid-priced districts, narrows in established ones, and favours commercial over residential. Most of the growth arrives before a line opens, which makes timing the decisive variable.
Speak to the Mada Properties team for a recommendation built on market data rather than assumptions.
August 27, 2026
Milan hosted Expo 2015 for just six months. A decade later, the effect is still visible in its property prices and transaction volumes. For anyone watching Riyadh prepare for Expo 2030, that makes Milan worth a closer look.
Here is what happened in the Milan market before and after the event, and what Saudi investors can take from it.
Milan entered its hosting period still recovering from the 2008 crisis, with home prices around 30% below pre-crisis levels. Momentum built as the event approached: residential sales rose roughly 6.8%, and the city climbed from 24th to 12th in PwC's European city attractiveness ranking.
The fairground, northwest of the city in the Rho-Pero area, later became the Milan Innovation District, home to a hospital, research centres, a university campus and housing. Neighbouring areas felt it directly: in Cascina Merlata, beside the site, the average price per square metre rose from EUR 2,776 to EUR 3,993, up 44%, with transactions up 78%.
Activity moved before prices did. Between 2015 and 2021, residential transactions rose 48.2%, retail sales 60.5%, and offices jumped 179.7%. Rents in the city centre climbed around 40%. Prices rose 30% to 40% overall from 2015, and by 2022 sales volumes were double their pre-Expo level, with selling times halved.
Riyadh will host Expo 2030 in the north of the city, where the supporting infrastructure is already under construction. The early-entry window here is shorter than Milan's was.
A global event does not lift a market evenly. It lifts the locations the new infrastructure actually serves, which is where a professional broker earns their place.
At Mada Properties we track where value is forming and recommend accordingly. Let's talk about north Riyadh.