Islamic World District

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Overview

Part of TOD development, offering higher quality, affordable accommodations, as well as expanded amenities which includes diverse F&B offering, medical clinics, etc

 

The objective of the Islamic world district is to offer affordable, high-quality accommodation to pilgrims & visitors in adherence to 2030 kingdom vision which aims to increase the total number of Umrah & Hajj visitors to 30 million person. The development will provide more than 6500 hotel rooms  (2,3 & 4 stars) for phase one with the potential expansion up to 60,000 keys.

Opportunity Details

Emerging Sectors
Sector
Hajj & Umrah
Sub-sector
Madinah
Location
SR 2,600 Million
Investment size
Open to start the project as soon as possible
Timeline

Investment Model

Model: SPV with Long Term Ground Lease

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