Dar Al Arkan, the leading real estate company in Saudi Arabia, has been awarded the contract to develop residential units in SEDRA, the landmark project by renowned national developer ROSHN in northern Riyadh.
SEDRA offers a diverse mix of housing typologies in terms of shape, size, and density, as well as it is designed around a ‘work, live and play’ model that aims to foster a sustainable community that supports full and rewarding lifestyles.
Combining the expertise of two of the sector’s most important players, this collaboration will bring even more variety to ROSHN’s housing offering at SEDRA, as per the statement.
“Our vision at ROSHN is to develop fully integrated, sustainable, modern communities that pay homage to the Kingdom’s rich architectural heritage and enrich the lifestyles of citizens and residents. Bringing the ROSHN concept to life requires novel ways of thinking, new partnerships with the top entities in their fields, and innovative solutions to address the challenges of the future. As a development sector enabler, ROSHN leverages its partnerships to ensure we bring the highest quality homes to markets, across the Kingdom.”
Slated to be completed over a period of three years, SEDRA is being developed in eight phases and will add more than 30,000 residential units to Riyadh’s housing stock, constructed over 20 million square meters of neighborhoods.
Mr. Yousef Al Shelash, Chairman of Dar Al Arkan, said that, “SEDRA is one of the Kingdom’s most anticipated projects, and we are confident that with our years of expertise and focus on quality, we will deliver beautiful and well-appointed villas in the community that will further raise the bar for luxury residences in Saudi Arabia. I’d like to thank ROSHN and PIF for collaborating with us and look forward to more such partnerships in the future.”