Thabat Real Estate Development launches operations by developing residential project in Khobar

Logo of Thabat Real Estate Development Company

“Thabat Real Estate Development Company” which is owned by “Abdul Qadir Al Muhaidib & Sons Group” announced the launch of its operations in Khobar with "Aseeb" residential project at the beginning of June.

The company stated that the project consists of three plots of land, including 53 luxury villas, in a strategic location in the heart of "Tharwa" Town, the latest smart city in the Eastern Province.

For his part, the CEO of Thabat Real Estate Development Company, Mr. Ahmed bin Mohammed AlOsaimi pointed out that the "Aseeb" project is unique in its location, which combines luxury, sustainability, and stability, and is distinguished by its green spaces, integrated services, and modern construction standards near Khobar and Dammam, close to the most essential areas, a few minutes from the southern Dammam Corniche, Al-Rakah area, and Imam Abdulrahman bin Faisal University.

The company added that the launch of the "Aseeb" residential project comes to emphasize the significance of empowering the private sector and investing its capabilities in supporting and developing the sustainability of the local economy; to contribute to the prosperity of the various sectors of the Kingdom and unifies the joint endeavors that aim to raise the level of services provided to Saudi families.