Logo of Dar Al Arkan Real Estate Development Co.
Dar Al Arkan Real Estate Development Co. 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 Sidra project in Riyadh, Saudi Press Agency (SPA) reported.
Dar Al Arkan’s Chairman Yousef Al Shelash stated that Sidra project is one of the most prominent residential projects in the Kingdom, pointing to the opportunity of providing wonderful and fully equipped residential villas.
“This contributes to raising the standards of luxury housing in the Kingdom,” he highlighted.
It is noteworthy that all works related to Sidra development are scheduled to be completed within three years.
The project, divided into eight phases, will add more than 30,000 housing units to Riyadh’s housing market and above 20 million square meters (sqm) of integrated neighborhoods.
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