RESIDENTIAL COMPOUND – KING FAHD DISTRICT

The residential compound is conceptualized as a community project, whereby the components will include a mix of Apartments (38 buildings) and Villas (109 villas).

The land designated for the Project is located near Jeddah-Makkah Expressway, which directly connects with Haram in 6km.

The proposed land is located in newly developed King Fahd District, which has all modern amenities including, Parks, Schools, Restaurants, Malls and other commercial establishments.

The site is well connected with other residential districts in Makkah through 3rd and 4th Ring Road and gives good access to all historical landmarks in the City.

Sector

Real Estate
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Investment Highlights

  • Expected investment size: SAR 303.6 M 
  • Investment model options: Build to Lease, Revenue Sharing with Minimum Annual Guarantee
  • Location: King Fahd District – Jeddah-Makkah Expressway, Makkah City
  • Estimated Project IRR: 14.6%

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