OFFPLAN NEWS

(09.07.2007 )
Real estate Saudi Arabia Dallah Albaraka launches $800m project in Riyadh, Saudi Arabia

The Chief Executive Officer at Dallah Albaraka announced that the company has launched $800.2 million Durrat AL-Riyadh project, one of Saudi Arabia's biggest real estate in Saudi Arabia.
The CEO pointed out that the project, which will occupy 3.2 million square meters of land, will provide 800 residential units for Saudi citizens. He added that the project will also include a five star hotel, fitness centers, tennis courses, malls, mosques and other facilities, while 70 percent of the landscape will be planted with trees and grass.
He also explained that Durrat Al-Riyadh will offer a high quality model for city suburb that provides all required services and facilities to residents, who will also enjoy a complicated level of security services which only allows residents and their visitors to have access into the Durra. He expected the project to be completed next year.

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