Riyadh, Saudi Arabia; April 16, 2024: Dar Al Arkan, a leading real estate developer in Saudi Arabia, has signed a sale and purchase agreement worth 215 million Saudi Riyals with ROSHN to embark on their second project within the prestigious Sedra community in northern Riyadh. Building on a successful collaboration with ROSHN, Dar Al Arkan has acquired land to develop 200 villas, reaffirming their dedication to delivering exceptional residential offerings.
Spanning an impressive 56,280 square meters, the project will introduce meticulously designed villas that epitomize luxury living in Saudi Arabia. Aligned with ROSHN’s vision for integrated, sustainable communities, Sedra will seamlessly blend modern amenities with Saudi heritage.
Commenting on this milestone, Mohammed Al-Motawakil, Chief Operating Officer, Dar Al Arkan, said: “Together, we’re committed to shaping Saudi Arabia’s residential landscape. Our aim extends beyond delivering meticulously crafted villas to setting new standards for luxury living. Leveraging our expertise, we aspire to exceed expectations, pioneering quality, innovation, and sustainability in real estate.”
This significant collaboration marks a pivotal moment in the realm of Saudi real estate, bringing together two industry leaders with a shared commitment to innovation and excellence. Dar Al Arkan and ROSHN are set to elevate the SEDRA community with luxurious living spaces, setting new standards for modern living in the Kingdom.
With an enviable portfolio of elegantly designed residences, Dar Al Arkan, has cemented its standing as a much sought-after real estate solution provider in the country. The unveiling of this masterplan further reinforces the commitment of the company to offering residential experiences that resonate with the lifestyle and aspirations of the citizens of Saudi Arabia.