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ETOILE Villas -SEDRA Master Plan
Overview
Establishing and developing three sets of villas as part of the Sidra project in north of Riyadh, spanning over 45,544 square meters. The project includes 163 villas to be developed on 163 plots over 7 design models, with sizes ranging from 200 to 350 square meters, under the brand name “Elie Saab”.
Sedra, being developed in eight phases, will add more than 30,000 residential units over 20 million square meters.
Project Information
- Real Estate > Landlords and developers > Other Properties
- In Q4 2022, the company obtained a contract from ROSHN Real Estate Co., which is wholly owned by the Public Investment Fund (PIF), to construct residential villas as part of the SEDRA project in Northern of Riyadh.
- In its 2022 board report, the company revealed that the villas design will be implemented in consultation with the local authorities and in line with Salmani architectural typology.
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In Q2 2023 investor presentation, the company revealed that the project’s construction works started in Q2 2023 and expected them to be completed in Q2 2025
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In Q3 2023 investor presentation, the company revealed that 46 units out of 104 units available for sale were sold/booked.
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In 2023 investor presentation, the company revealed that the project is 33% complete and 86 units, out of 141 units available for sale, were sold/booked.
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In 2023 board report, the company revealed that development phase was completed in 2023 and construction works commenced in H2 2023. The project is 33% complete and is estimated to be entirely complete in 2025.
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Project Developments
Roundup of Dar Al Arkan’s latest projects in 2023 Argaam Special30/04/2024
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