Pearl Residential Complex

The complex contains 233 residential units of different designs and sizes. The complex is considered one of the most modern and efficient residential complexes equipped with the highest security systems. It also contains many integrated services, equipment and facilities, such as a health club with two sections for men and women, an outdoor swimming pool, and a multi-use hall. Ownership type: Freehold Lease term from the date of acquisition: Five years, bound by promissory notes

Plot Area

Plot Area

22,500
Ownership Type

Ownership Type

Free Hold
Annual Net Income

Annual Net Income

32,045,000
Ratio of Annual Return to Purchase Price

Ratio of Annual Return to Purchase Price

8.5%

Main Lessee

Address Gulf Real Estate Investment Company

Location

The complex is located in the strategic Al Rakah area in the city of Al Khobar, a few meters away from the main King Fahd Road, which connects the cities of Dammam and Al Khobar.