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71= Riyadh Ajmakan

Project Overview

This real estate project in the Al-Khozama

district of Riyadh covers 1.8 sq km and will include offices and other commercial buildings, more than 2,000 villas, a palace, a five-star and a three-star hotel, and a 120,000-sq-m shopping mall. A construction award is due to be made by the end of 2010.

News

Old buildings in Jed

Developers in Saudi call for action on mortgage law Subscription Required

26 September 2008, 18:11 GMT | By Christopher Sell

Firms say delays in introducing legislation are undermining plans to launch real estate developments.

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Key Facts

  • Client: Al-Rajhi Development; Al-Shoula Holding Group; Land Company for Property Development & Investment

  • Sector: Real Estate

  • Stage: Design

  • Budget: $6.2bn

  • Completion date: Q4 2020

  • Location: Saudi Arabia

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