Dar Al Majdiah to develop 2 residential towers in Makkah | Buobe
Dar Al Majdiah to develop 2 residential towers in Makkah
Buobe IA context · why it matters
Dar Al Majdiah Real Estate Company has secured a significant development deal — This could boost their portfolio and market presence in Makkah.
The contract is valued at about US $105.5mn — It represents a substantial investment opportunity for the company.
Focusing on project management and marketing — This highlights potential job creation and economic activity in the area.
Saudi Arabia’s Dar Al Majdiah Real Estate Company has signed an agreement with Alistithmar Real Estate Fund 9 to develop 2 residential towers at the Masar Destination project in Makkah under a contract valued at about US $105.5mn.
