Al-Majidiyah Launches Granada Project
Dar Al-Majid Real Estate Company signed an agreement with Jadwa Housing Fund to develop a residential project in Granada Neighborhood, Riyadh, covering an area of 27,000 square meters, with a value of 211.6 million riyals. The project aims to build and sell residential apartments through off-plan sales, with a 24-month implementation period, and is expected to have a positive impact on the company’s results. This move is part of the company's expansion strategy into residential and commercial projects in Riyadh to strengthen its presence in the real estate development sector.
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