City of Dates

Overview

The project will be consist of :

  • Develop the plot around agritourism, and attract tourists around date palm trees (20k sqm of land), with an open-air retail (incl. banks) and F&B outlets (12k sqm of GLA) offering
    local products
  • Offer a fully-immersive experience into the City of Dates history and Saudi heritage
  • Build an integrated City of Dates (incl. warehouses, processing and packing plants, FM/PM Buildings) (530k sqm of land) to position Medina as the main dates trading hub in KSA
  • Develop themed 5*/3* hotels (500 keys)
  • Build townhouses surrounded by date palm trees (900 units)
  • Attract all ages to live and visit the museum (24k sqm
    of land)

Opportunity Details

Emerging Sectors
Sector
Hajj & Umrah
Sub-sector
Madinah
Location
SR 2,371 Million
Investment size
Open to start the project as soon as possible
Timeline

Investment Model

Model: long term ground lease 40 years

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