Al Malqa offers the lowest entry price for a yearly lease among the major northern districts: 59,400 SAR a year, with 39 units available and an average of 72,414 SAR. At the same time, it has a wider price range than its neighbours, with its most expensive units reaching 130,000 SAR — which makes it a district that accommodates very different budgets.
Prices and number of bedrooms in Al Malqa
| Bedrooms | Available units | Starting from | Average yearly rent |
|---|---|---|---|
| One bedroom | 35 units | 59,400 SAR | 67,560 SAR |
| Three bedrooms | 4 units | 108,779 SAR | 114,890 SAR |
No two-bedroom units are currently available in the district — the choice is between a small unit or a full family unit. Prices are from August 2026.
The lowest entry price among the big five
59,400 SAR a year is the lowest price for a one-bedroom unit among the five sought-after northern districts — 2,970 SAR less than Al Aqiq, and 6,120 SAR less than Al Nafal and Qurtubah. For perspective, that difference alone is close to a full month's rent.
But the picture changes when you look at the average: Al Malqa averages 72,414 SAR, which is higher than Al Aqiq, Al Nafal and Al Arid. The reason is that the district includes pricier units that pull the average up. What this means in practice: Al Malqa is an excellent district for anyone who searches seriously for its cheapest units, and not necessarily for anyone who books the first unit they find.
Al Malqa versus the neighbouring districts
- Al Arid — average 65,005 SAR, the cheapest of the group, and it offers a two-bedroom category.
- Al Aqiq — average 68,650 SAR, a narrow range, one-bedroom units only.
- Al Nafal — average 69,963 SAR with very tightly clustered prices.
- Qurtubah — average 75,528 SAR, but the widest choice for families (nine units with two or three bedrooms).
Where is Al Malqa and what is around it?
Al Malqa is one of the most prominent districts in north Riyadh, bounded by King Salman Road to the north, Imam Saud bin Faisal Road to the south and King Fahd Road to the east, and crossed by Anas Ibn Malik Road with its restaurants, cafés and shopping centres. For a settled family, the district and its surroundings hold a large number of private and international schools, which is what makes it one of the most sought-after northern districts for yearly leases even though its prices are higher than Al Nafal and Al Aqiq.
Daily life is easy: supermarkets and services on every main artery, Boulevard Riyadh City in the neighbouring Hittin district a few minutes away, and the major shopping centres in Al Nakheel and Al Aqiq close by. Private hospitals and medical centres are within easy reach. Getting around: King Abdullah Financial District (KAFD) in about 10 to 15 minutes via King Fahd Road, Al Olaya in about 20 minutes, and the airport in about 25 minutes via King Salman Road. Paying more in Al Malqa buys you time saved and proximity to schools and services — factors whose impact compounds over a full year.
Who is a yearly lease in Al Malqa right for?
- Tight budgets that want the north: the lowest entry price among the sought-after districts.
- Families: four three-bedroom units from 108,779 SAR — the second-best family availability after Qurtubah.
- Singles and couples: 35 one-bedroom units, which make up most of the supply.
- Not for anyone who needs two bedrooms: the category is not currently available — look at Qurtubah or Al Arid.
Tips before you sign in Al Malqa
- Compare several units in the same category: the range is wide (59,400 to 130,000), and the difference between two similar units can be large.
- Units near 59,400 SAR are limited: they are the cheapest in the whole group and go first.
- The jump to three bedrooms is big: about 49 thousand SAR a year above the one-bedroom average — make sure you actually need it.
- Ask about the payment schedule: a negotiable term in many leases, and it affects your cash flow.
Frequently asked questions
How much is yearly rent for an apartment in Al Malqa?
From 59,400 SAR for a one-bedroom unit, with a district average of 72,414 SAR a year.
Are family apartments available in Al Malqa?
Yes, four three-bedroom units starting from 108,779 SAR a year. No two-bedroom units are currently available.
Is Al Malqa cheaper than Qurtubah?
On entry price yes, by 6,120 SAR a year, and on average yes, by about 3,100 SAR. But Qurtubah offers wider family options.
What is the difference between yearly and monthly in Al Malqa?
The district also lists 38 units for monthly rental, averaging 8,438 SAR. See the monthly rental guide for Al Malqa.
Browse the available units
Browse apartments for yearly rent and select the Al Malqa district, or see the guide to yearly rent prices across all districts.
