Ezdihar Real Estate Development has launched Ezdihar Park, a commercial project valued at over 1.1 Bn Saudi riyals (US$292.81 Mn) in Riyadh. Following the design phase completion, excavation work has commenced. The project will include more than 100,000 square meters of leasable office space and 70,000 square meters of landscaped surroundings across 23 buildings.
Alesayi Holding has announced the launch of “Abraj Omar Hotel & Residences by MGallery,” a luxury project redefining upscale hospitality near the Holy Kaaba. With an investment of US$533 Mn, the development spans 60,000 square meters and includes 200 luxury residential units and 280 hotel rooms, offering a sophisticated blend of comfort and convenience for visitors and residents.
Diriyah Company has launched 59 new luxury apartments and villas as part of the Signature Collection of The Ritz-Carlton Residences, Diriyah. This release follows the successful sell-out of the initial 106 residences and highlights Diriyah’s commitment to setting new standards in luxury living within this iconic development.
Aseer Development Authority has awarded the main contract for ‘The Point’ to Built Industrial Company, marking an investment of over US$266 Mn. The 75,000 square meter project will feature shops, restaurants, cafes, a cinema, luxury Hilton hotel apartments, and a Canopy Hotel by Hilton, creating a vibrant mixed-use destination in Abha city.
