Staff Report,
Dubai, UAE
Dar Al Arkan, a leading real estate developer in Saudi Arabia, has entered into an agreement worth Dh210.48 million (SAR215 million) with ROSHN, the national property developer under Saudi’s Public Investment Fund (PIF). The contract will oversee the development of 200 luxury villas within the Sedra community in northern Riyadh. The project is the developers’ second collaboration and will span across 56,280 square metres.
Mohammed Al-Motawakil, Chief Operating Officer, Dar Al Arkan, said: “Together, we’re committed to shaping Saudi Arabia’s residential landscape. Our aim extends beyond delivering meticulously crafted villas to setting new standards for luxury living. Leveraging our expertise, we aspire to exceed expectations, pioneering quality, innovation, and sustainability in real estate.”
The Sedra project will blend modern amenities with Saudi heritage, catering to the lifestyle of Saudi citizens and residents.
Ends
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