HIGHLIGHTS
- Trends in real estate prices in Al Olaya.
- Services, schools, and health care centers.
- Hospitals and clinics.
- FAQ.
INFORMATION ABOUT AL Olaya
Al Olaya is one of the most important neighborhoods in Riyadh with a lot of provided services, with a big number of Riyadh monuments such as Center Point, and Al Faisaliyah Center. There are also a number of vital ways such as King Fahad Road, and Makkah route which adds even more value to this neighborhood.
GENERAL OVERVIEW
- Al Olaya is considered the center of businesses, services, monuments, and main roads.
- You can find many prestigious housing complexes for both families and individuals.
- This district is located amid the capital and is linked to the rest of the cities’ regions by a transport network.
- It includes residential apartments, luxurious modern villas.
- The region has a number of international hotels in addition to hotel apartments all over its neighborhoods.
The neighborhood
About the region
Al Olaya is a residential & commercial region with all types of services and facilities. This region is also located in Riyadh’s city center, next to other neighborhoods such as Al Sulaymaniyah, Al Mathar Ash Shamali, Al Wurud, and Al Wizarat. You will also find a combination of different types of properties such as Lands for sale, villas for sale, apartments for rent, hotel apartments, and others.
Al Olaya district properties
This place is distinct with its fancy residential properties such as villas, and apartments of different sizes, in addition to commercial properties and complexes with great locations. This region has the greatest demands by tenants looking for apartments to rent or hotel apartments in the capital.
Almost any rental property has a great demand by employees, families, and individuals in Al Olayah to do business. There are also a big number of international chain hotels in the area which are considered top hotels in Riyadh and the kingdom.
Trends in real estate prices, Al Olaya district
Average purchase price SR | Property type |
|---|---|
Average purchase price SR 592,500 | Property type Residential apartment |
- The average price per square meter for an apartment for sale in Al Olaya is 3,027 SR. The rental apartments in this region have also witnessed a rise in demand, especially furnished apartments, as well as hotel apartments.
Property type | Average purchase price SR |
|---|---|
Property type Residential land | Average purchase price SR 2,384,283 |
Property type Commercial land | Average purchase price SR 32,806,571 |
Property type Agricultural land | Average purchase price SR 700,000 |
- The average price per square meter for residential land in Al Olaya is 3,351 SR, and the average price per square meter for a commercial property in Al Olaya is 13, 164 SR, while the average price per square meter for agricultural land is 4023 SR.
Most requested places and buildings in Al Olaya
Land properties were the most requested in 2020 in this district which was mostly residential lands, then comes commercial property such as stores and galleries.
Services schools and health care centers
Al Olaya has very high-quality services where residents can easily reach any of the facilities they need such as grocery stores, schools, and healthcare centers. Services are almost everywhere so people can freely choose the appropriate services for their needs.
Supermarkets and grocery stores
There are a number of supermarkets and grocery stores in Al Olaya where you can buy all that they need, the list includes:
- Abdullah AlOthaim Markets.
- Aldeem Supermarket.
- Tamimi markets.
- Sallet Al nakhat(سوبر ماركت سلة النكهات).
- Al Sadhan stores.
There is almost over 16 medium to large markets in Al Olaya such as Aljazera Hypermarket. Grocery stores and mini markets are almost evenly distributed all over the region among neighborhoods and residential areas.
Al Olaya universities and schools
Residents can register their kids in one of the prestigious schools in the region where educational facilities are available for different age groups, the long list of schools and preschools in the region includes the following:
- Time To Learn International School.
- Zaion and Zaina nursery.
- Upper elementary school.
- Learning Oasis International School.
- Saud International School.
- Luxury kids nursery.
- Ibtikar schools.
- Knowledge Fields School.
Students who want to be enrolled in universities can find one nearby. Top universities in Riyadh like King Faisal University, King Saud University, and Prince Sultan university are all minutes away from Al Olaya.
Hospitals and clinics
The area has many centers and medical facilities that include the following:
- Al Hammadi hospital.
- Sulaiman Al-Habib hospital.
- Olaya Medical Center.
- Olaya Polyclinic complex.
- Specialized Medical Center Hospital King Fahd Road.
King Fahad Medical City is only 8 minutes away from Al Olaya, which is considered the biggest and most known medical facility in the region with a big number of doctors, surgeons, and patient beds.
There are also a number of medical centers and complexes including all types of clinics like dental clinics, labs, and pharmacies such as Al Dawaa pharmacy and Fal Specialized Medical Laboratories.
Nearby mosques
Residents can get to any of the mosques around the area as there are a big number of mosques that are probably minutes away from your place of residence. There are over 20 mosques among residential complexes, main roads, and secondary roads like King Khalid Road, and Masjed Al Mosa.
Nearby areas
Al Olaya is one of the most upscale residential areas in Riyadh. It is also surrounded by other prestigious neighborhoods, and it is surrounded by monuments such as The Zoo, King Abdullah Park, and Alkhaimah Theme Park, as they are all near Al Sulaymaniyah, Al Mathar Ash Shamali, and Al Mutamarat.
LifeStyle
Shopping malls, restaurants, and cafes
The area includes a good number of shopping malls, restaurants, and recreational facilities to provide essential and non-essential services for residents thus they won’t have to leave the district looking for any services.
Al Olaya shopping malls
Kingdom Centre located in Al Olaya is 300,000 square meters, with 99 floors, and international brands. The first 3 floors are a shopping mall called Kingdom Centre Mall, with a big number of international brands shops selling fancy clothes, shoes, watches, jewelry, perfumes, and accessories.
There are also other malls in Al Olaya such as Akaria Mall, Al Othaim mall, and more than 180 shops selling different products to fulfill all the needs of residents and visitors. There is also Centria Mall and other luxury markets for electronics, home appliances, and items, furniture, and more.
Restaurants and coffee shops
There are also a number of international restaurants in Kingdom Centre like:
- The grill.
- Spazio Restaurant.
- The globe.
In addition to many other top restaurants in Riyadh. The district also has some of the most famous fast-food restaurants like Mcdonalds, and Al Baik.
Al Olaya has also a number of cafes and classic coffee shops all over the region for family and friends gatherings.
The list of cafes includes the following:
- Civia cafe.
- Ristretto Caffe
- CAN CAFFE
- Elite cafe.
Living in Al Olaya and trying different restaurants is a very unique experience for food lovers since you will find international restaurants serving food from different international cuisines. There are also a number of pastry shops such as ABUCCI and Kabbani sweets.
Recreational activities and monuments
Al Olaya is full of recreational facilities that suit all family members and individuals such as amusement parks where kids enjoy like:
- Fun Gate.
- Trampoline Park.
- Sparkys.
- Al Samar Amusement Center.
The district also has a number of parks to practice activities and sports such as Olaya Park, Thoghor Park(حديقة الثغر)، and Al Salem Park, in addition to more than other 6 parks in Al Olaya.
Visitors to Kingdom Centre can also relax and enjoy the view of the landscape around the skyscraper which is a favorite activity to many.
Outdoor activities, gyms, and beauty salons
Residents can become members of one of the gyms and sports centers available, such as:
- Fitness First.
- Body Masters.
- GlowFit.
- Spectrum Wellness for women.
- Champions Corner.
There are also many other equipped gyms for both men and women, in addition to courts and green areas suitable for activities such as bicycling, and football playing.
Al Olaya includes chalets and resorts for interested residents to spend weekends and vacations in a fancy and relaxing place. Beauty centers and salons can also be found anywhere in the region.
FAQ
What exit/road leads to Al Olaya?
You can reach Al Olayah via King Fahad Road which is almost in the middle of the district.
Does the region have residential projects?
The district has a number of luxurious residential properties such as Talat Al Olaya villas( مجمع فلل تالات حي العليا) with many residential options and different sizes.
What are the top hotels in Al Olaya Riyadh?
Some of the best hotels are located in Al Olaya, which are:
- Hyatt Regency Riyadh Olaya.
- Ascott Rafal Olaya Riyadh.
- Executives Olaya Hotel.
- Narcissus Hotel And Residence Riyadh.
- Four Seasons Hotel.
The region has an increasing demand for rentals, especially furnished rentals in Riyadh. There are also hotel apartments because of the demand of business travelers to Riyadh the capital city.
General view on living in Al Olaya
The neighborhoods of this region are upscale neighborhoods with great services and properties, in addition to the amazing family life residents could have in it which increases the demand for properties in the area.
Is Olaya the right place for investment?
It is one of the best neighborhoods for real estate and commercial investment because of its vital and continuous commercial activity, and the increased number of its population which makes it a favorite destination for investors. The return on investment is high in Al Olaya compared to other regions and neighborhoods.
What are the top streets in the region?
Al Olaya main public road( طريق حي العليا العام الرياض) which is the largest road of all with a big number of shops and markets, and a great location next to Kingdom Centre, Al Faisaliyah Center, and big hotels.
Location
- Olaya is located amid the capital Riyadh with a strategic location connecting main and secondary roads by a transportation network with great services.
- The region is 30 minutes away from King Khaled international airport.
- Olaya is the commercial center of the city with its skyscrapers, and luxury shopping malls.
