Saudi's Cayan launches sales of $266m Riyadh project

Developer says ground works have started on site for Samaya mixed-use residential project
Saudi's Cayan launches sales of $266m Riyadh project
By Staff writer
Sat 01 Oct 2016 10:39 AM

Saudi-based developer Cayan Group has launched the official sales of its billion-riyal mixed-use residential project, Samaya.

The project being developed on a massive 1 million square metres is located in the prime area of Erga, north western Riyadh.

"We believe Samaya will provide the ultimate luxury and relaxation in modern residential living. As such, we are encouraged by the positive response the pre-launch and official sales launch has received. It bears good testimony to our brand's identity of quality and iconic designs," said Ahmed Alhatti, chairman of Cayan Group.

He said the Samaya residential project will offer integrated services for high-end living including commercial units, schools, mosques, sports clubs, parks, as well as many other entertainment facilities.

He added that ground works have begun at the site and is progressing according to plan. The contract for the excavation phase was awarded soon after Cayan received the official permits including the off-plan permit earlier this year.

"We are pleased to get Samaya off the ground. Of course there is a long way to go before we can deliver this project to the public but we remain excited by the scale and plans we have for Samaya," said Alhatti.

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