Modern apartments
Property parameters
Location
Detailed description
The project is located in Jabal Omar quarter, one of the most prestigious areas of Mecca, adjacent directly to Al-Masjid Al-Haram. In total, 88 residences have been sold in four towers - a small closed pool of lots, which makes each unit a piece asset rather than a mass product.
The layouts range from one to three bedrooms, and the area ranges from 87 to 324 sq. m. Some of the windows overlook the Haram, while the other part overlooks Ibrahim Al-Khalil Street, overlooking the urban dynamics of Mecca.The residences are managed by the Jumeirah network, which provides owners with access to the hotel infrastructure without having to maintain staff on their own: 24-hour concierge service, regular cleaning, professional facility management, eight restaurants and lounge areas, as well as meeting rooms. The specific lot is a two-room residence with an area of 113 sq. m. with partial views of Al-Haram, fully ready for occupancy. The distance to the mosque is about 5 minutes on foot, which practically eliminates the need for transport for daily visits to Haram. The ownership format involves both personal living within walking distance of the main shrine of Islam, and renting out through the Jumeirah operating platform. The pilgrimage flow to Mecca is year-round and consistently high, which creates a steady demand for short-term accommodation in the area.
The branded status of the facility, the limited number of units in the project and the location within walking distance from Haram form three key factors for the long-term liquidity of the asset in the premium real estate market in Saudi Arabia.