Property in Saudi Arabia for sale | AL JAWHARAH, Jeddah, KSA
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Property in Jeddah for Sale

Jeddah, Saudi Arabian Real Estate

Jeddah's proximity to the holiest sites in Islam - Mecca is 70 kilometres inland, and Medina lies to the north - has helped its growth as a commercial centre. One million pilgrims pass through Jeddah during the annual Hajj to Mecca. The city's airport, King Abdul Aziz International, is one of the busiest in the world, and includes a Hajj terminal which can accommodate 80,000 pilgrims.

The navigable gap in the Red Sea reef that enabled pilgrims to travel to Mecca by sea became a trading post for rices, spices, silks, precious metals and perfumes. It is one of the oldest seaports on the Red Sea; its importance grew still further after the opening of the Suez Canal in 1869 enabled ships to access the city from the north and south.

Can you buy a property in Saudi Arabia with confidence and what is the Law of Saudi Arabia concerning foreigners owning property?

Regulation of Ownership and Investment in Real Estate by Non-Saudis issued Under:
Royal Decree No. M/15 dated 17/04/1421H Article (2) Non-Saudi natural persons enjoying normal legal residency status in Saudi Arabia may own real estate for use as a personal residence, subject to obtaining a permit from Ministry of Interior Article (5): With the exception of transfer through inheritance, Non-Saudis may not obtain the title, easement or use of the real estate located within the city limits of Mecca and Madina. Non-Saudi Muslims may, however, lease real estate property inside the boundaries of Mecca and Medina for a period not exceeding two (2) years. Such leases are renewable for similar periods.

IPD comment - unless you are a resident actually residing in Saudi Arabia as a Saudi National or as an Expat already present and working in Saudi Arabia the current Law is restrictive to buyers who live in other countries who are seeking to purchase a property in Saudi Arabia. 'Title' and permisssion to purchase property the property is hard to obtain but may be possible through the Saudi Embassy either in your own country or directly through application through the Saudi Ministry of Interior. We suggest buyers explore this before starting to look at property for sale.

IPD Advice

Buyer Note : If you are looking for a property in the Middle East with more relaxed ownership rights but still close to Saudi Arabia for personal or investment purposes please review IPD's Middle Eastern Property buyers section here.

There are, in the future, projects that are intended to be open to full tile ownership irrespective of the buyers location or nationality but these projects are not available currently.

Looking for a FREEHOLD property with resident title in the Middle East - view Middle East Property here.

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PROJECT FEATURES

The largest country in the GCC, the Kingdom of Saudi Arabia is strategically located between Asia and Africa

Spectacular 40-storey tower

Beautiful landscaped surroundings

Grand reception area with double height lobby

Guest lounge designed by one of the top-most interior designers

Luxurious 5 bedroom penthouses and 4, 3, 2 &1 bedroom apartments

Multi-level car park

 

Jeddah, Kingdom of Saudi Arabia

Located on the Jeddah Corniche and alongside the Red Sea, Al Jawharah.

Enter your home and you enter a world of exclusivity. Sophisticated interiors complement the spectacular exterior. Spacious and fully-appointed living room. Exquisite bedrooms that invite you to breakfast in bed. While wide balconies offer you private access to the magnificent outdoors. Enjoy stunning views of the Corniche and the red Sea.

Experience what luxury is all about. A superior living environment with every conceivable modern facility, including advanced smart home devices that ease home management.

Located on the Jeddah Corniche and alongside the Red Sea is a residential tower that’s just a few minutes drive from the Hilton Jeddah, Saudia Arabia.

 

Saudi Arabia Luxury Property for Sale



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