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Argaam Tools ×
Juman Complex
Overview
Establishment of mixed-use complex in the Eastern Province overlooking Tarout bay, spanning over an area of 8.2 million square meters.
The project includes residential buildings, villas and marine palaces built up over an area of 3.4 million square meters, and commercial spaces built up over an area of 656,000 square meters, in addition to developing and reclamation of semi-submerged land in the Arabian Gulf.
Project Information
- Real Estate > Landlords and developers
- In 2015, the company completed the pre-initial design for the project’s masterplan based on the market and economic feasibility studies conducted by GRMC.
- In April 2014, the company signed an agreement with the owners of the project’s land to be the developer of the project and get 18% of the land.
- In Q3 2021, The concept design was submitted to the Eastern Province Development Authority and is pending approval to proceed with the necessary permits.
- In its 2022 board report, the company revealed that in Q4 2022, concept design was submitted, and no objection letters were received from Notary Public and Ministry of Industry and Mineral Resources, while still awaiting from Aramco to start working on the project.
Owners
Related Parties
Project Developments
A review of Dar Al Arkan projects, investors, board ownership changesArgaam Special20/04/2022
A look at Dar Al Arkan’s projects, board ownership changesArgaam Special14/04/2020
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