Base. Scenario and session assumptions update this selected asset only.
Decision Summary
21.9%
HBU option: Mixed Use · Base
Risk: Moderate · 31/100Confidence: High · 89%
Project Definition
- HBU option
- Mixed Use
- Land area
- 4,523 m²
- Gross floor area (GFA)
- 9,001 m²
- Gross leasable area (GLA)
- 7,381 m²
- Units
- 51
Baseline
Cost Assumptions
- Acquisition / land
- SAR 32,531,000
- Hard construction cost
- SAR 29,253,000
- Soft costs
- SAR 4,388,000
- Financing
- SAR 4,064,000
- Contingency
- SAR 2,523,000
Total project cost = land + hard cost + soft cost + contingency + financing. Development margin = profit / revenue; return on cost = profit / total project cost.
Revenue Assumptions
- Expected revenue
- SAR 93,221,000
- Sales price
- Baseline
- Occupancy
- Not applicable to this asset archetype.
- Exit / terminal value
- SAR 93,221,000
Timeline
- 1AcquisitionSept 2026 – Oct 2026 · 1 monthDelays the entire programme and financing drawdown.
- 2DesignOct 2026 – Feb 2027 · 4 monthsPushes approvals and contractor mobilisation.
- 3ApprovalsDec 2026 – May 2027 · 5 monthsDefers construction start and increases holding cost.
- 4ConstructionMay 2027 – Nov 2028 · 18 monthsRaises financing cost and postpones revenue.
- 5CommercialisationApr 2028 – Oct 2028 · 6 monthsSlows collections and extends payback.
- 6ExitMay 2029 – Jun 2029 · 1 monthDefers terminal proceeds and reduces present value.
Delivery delay: 0 months
Financial Results
- Total project cost
- SAR 72,759,000
- Expected revenue
- SAR 93,221,000
- Gross profit
- SAR 20,462,000
- Net profit
- SAR 20,462,000
- Development margin
- 21.9%
- Internal rate of return (IRR)
- 14%
- Net present value (NPV)
- SAR 5,455,000
- ROI
- 28.1%
- Equity requirement
- SAR 30,559,000
- Debt funding
- SAR 42,200,000
- Payback
- 32 months
- Break-even
- SAR 72,759,000