Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

沙特:ROSHN签署5700万美元SEDRA住房合同

Saudi: ROSHN awards $57mn contract for SEDRA

The sale and purchase agreement follows a similar agreement from 2023 between ROSHN and Dar Al Arkan

ROSHN Group, a developer backed by Saudi Arabia’s wealth fund PIF, signed a deal last week with Dar Al Arkan to develop residential villas.

Worth around $57 million (SAR215 million), the sale and purchase agreement follows a similar agreement from 2023 and will see Dar Al Arkan acquire and develop residential villas in phase 1A of the SEDRA integrated community megaproject, located near Riyadh.

Founded in 1994, Dar Al Arkan is the largest developer by market value in Saudi Arabia, and has built 15,000 residential villas across eight countries.

In November 2023, the developer launched a series of co-branded residential villas, also in SEDRA.

Named Etoile by Elie Saab, the luxury villas are a collaboration with Lebanese couture house Elie Saab, and feature three- and four-bedroom villas, with the Wadi Villas offering uninterrupted views of immersive wadis.

Exteriors will feature window boxes done up in antique textures, while the interiors will have warm wood finishes, cool flawless marble, and a luxe cream palette, as well as spacious walk-in closets and en-suite bathrooms.

In the last year, ROSHN launched sales for WAREFA, in east Riyadh, ALAROUS, the community adjoining MARAFY in Jeddah, and phases 2 and 3 of SEDRA.