Dar Al Arkan’s New Real Estate Investment in KSA
RIYADH, Mar, 2021: Dar Al Arkan, the leading real estate development company in Saudi Arabia and the Middle East, has announced the launch of a prime integrated real estate development in the heart of the holy city of Mecca.
Dar Al Mashaer will offer an exclusive opportunity to own a property in a prestigious neighborhood only 10 minutes’ drive from the Masjid al-Haram and Jamarat Bridge. The seven-tower development will cover an area of 6,300 square meters comprised of 314 top-tier two, three- and four-bedroom apartments, together with six penthouses, complete with private swimming pools.
The potential purchasers will also benefit from the option of a 12-year payment installment plan and an additional bonus of five years no service charges.
The development, with integrated leisure facilities, including a mosque on site and shuttle buses to and from Masjid al-Haram, will set a new benchmark in urban living as well as offering the opportunity to spend quality time in one of the holiest cities in the world where history, religion and culture meet.
Mr. Yousef Bin Abdullah Al Shalash, Chairman of Dar Al Arkan, said: “Dar Al Mashaer is part of the Kingdom’s Vision 2030 economic diversification mandate and the growing real estate development industry in Saudi Arabia. It also meets the high demand for housing designed to cater for modern Islamic lifestyles and will provide the opportunity to invest in an aspirational lifestyle within a thriving community.”
“The launch of Dar Al Mashaer offers an exclusive investment opportunity and the fulfillment of a dream for every Saudi to own a property in Islam’s holiest city,” he added.
Stand-out features of the development will include its proximity to Masjid al-Haram and a mosque within the complex. At the same time, residents of Dar Al Mashaer will be able to enjoy an array of shopping experiences, to exclusive stores and cafés.
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Dar Al Arkan Properties
Dar Al Arkan Properties is active in real estate development and headquartered in Riyadh, KSA. The company was founded in 1994. Its activity includes real estate development, general contracting and property management. Throughout its long history the company has executed several successful real estate projects and contributed to the development of efficient real estate solutions for the regional market, through more than 30 commercial, residential, and real estate projects.
Dar Al Arkan Real Estate Development Company is a major contributor playing an important role to help achieve the goals of Vision 2030 regarding real estate development.
For more information, please visit www.daralarkan.com/en