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Elaf Business Center, Al-Yasmeen District

RMC7+Q83 Alyasmin, Riyadh Saudi Arabia, Riyadh

Project Description

The latest project by Madain Real Estate Development.

Designed as the ideal destination for businessmen and women seeking a headquarters that reflects their identity and success, located in a prime area of North Riyadh on Abu Bakr Road – Al Yasmeen District.

This unique business center harmoniously blends modern elegance with functional performance, meeting international design and construction standards.

It serves as the perfect choice for companies and entrepreneurs looking for an inspiring work environment, and a promising investment opportunity that supports Saudi Arabia’s Vision 2030.

Investment Opportunity Summary

Elaf Business Center presents an exceptional opportunity for investors seeking high returns and strong growth potential in the development of office complexes and business centers, addressing the increasing demand in one of the world’s most dynamic business capitals — Riyadh.

Design Concept

The building is designed with high flexibility and multiple layout options, allowing spaces to be sold or leased as individual buildings or as diverse small office units that meet the needs of various sectors.

Strategic Business Location

Located in North Riyadh on the Abu Bakr Al-Siddiq axis, within the vibrant Al Yasmeen District, one of the city’s fastest-growing and most sought-after areas for both residential and commercial developments.

Brochure

3,250 m² Green Spaces

Project Facilities

Project Specifications

Expected Return

Average rental price: 2,400 SAR per m²

Expected payback period: approximately 12 years

Expected return on investment: 8% annual rental yield

Location

Diriyah: 15 km — 15 minutes

King Abdullah Financial District: 5 km — 5 minutes

King Khalid International Airport: 15 km — 15 minutes

New Murabba: 10 km — 10 minutes

Train Station: 8 km — 10 minutes

Project Details

Basements: 3 levels covering a total area of 23,790 m²

Commercial (rental) spaces: up to 14,500 m²

Green areas: up to 3,251 m² of the total ground floor area

Number of buildings: 6 separate buildings with full privacy for elevators and staircases

Number of floors: 3 floors (ground, first, and rooftop) with a total built-up area of 21,197.5 m²

Number of offices: 45 separate offices

Parking spaces: 500 spaces

Private gardens: a dedicated garden for each building, totaling 400 m²

Private office balconies: total designated balcony area 460 m²

Private rooftops: total designated rooftop area reaching 2,225 m²

Project Features

High flexibility in dividing spaces to accommodate various professional activities.

Panoramic facades with contemporary designs providing open views and natural lighting.

Spacious parking areas and comprehensive facility services.

Unique architectural design blending modern elegance with functional performance, executed to global standards.

Project location

Virtual Tour

Disclaimer

Property ID - | 26523

All listings featuring the San Jose logo are provided by Association of San Jose. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

Data last updated 2:58 PM UTC, 12/5/2023