Saudi developer plans Ski Dubai style project

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The Ski Dubai attraction in Dubai. (Getty Images)

The Ski Dubai attraction in Dubai. (Getty Images)

An agreement has been signed to create the first indoor snow village in Saudi Arabia, similar to the Ski Dubai attraction in the UAE.

Saudi construction giant Dar Al Arkan said on Sunday it had inked a deal with Al Othaim Investment and Real Estate Development Company to lease space for the project at Alqasr Mall in Riyadh.

The agreement, for fifteen years, will see a 10,693 sq m area developed by Al Othaim for "the first indoor snow village of its type", the companies said in a statement.

The indoor ski park will be part of a Safori Land recreation concept being developed at the mall, the statement added.

Yousef Al-Shalash, chairman of Dar Al Arkan, said the agreement "underlies Dar Al Arkan efforts to attract large companies to invest in Alqasr Mall... and boost the ambitions of shoppers and visitors".

Al-Shalash added: "We have accomplished the lease of more than 75 percent of the mall leasable area in the shortest period of time."

The Alqasr Mall is set to launch in the second quarter of 2012, the statement added.

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