Dar Al Arkan, Saudi’s leading property developer has been awarded the contract to develop residential units in SEDRA, the project by the national developer, ROSHN.
SEDRA is designed around a work, live and play model that aims to foster a sustainable community, offering a diverse mix of housing types in terms of shape, size and density.
“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,” said ROSHN Group CEO, David Grover.
“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 Public Investment Fund (PIF) for collaborating with us and look forward to more such partnerships in the future,” said Yousef Al Shelash, Chairman of Dar Al Arkan.
ROSHN is backed by Saudi’s Public Investment Fund (PIF) and builds ‘living’ communities by placing key health, education, sports, retail and entertainment amenities within walking distance of homes. Social interaction is encouraged through public spaces including green areas and communal facilities.
To be completed over a period of three years, SEDRA is being developed in eight phases and will have more than 30,000 residential units constructed on over 20 million square metres.
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