
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
22,500Ownership Type
Free HoldAnnual Net Income
32,045,000Ratio 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.