Alramz says the project spans more than 219,000 square meters
Alramz Real Estate Co. (Alramz) has begun construction on the first phase of its new residential project in south Al Rabwa district in Riyadh, Saudi-based Sabq reported. 
The project spans more than 219,000 square meters and is part of a five-phase masterplan comprising over 1,300 villas.
The development includes shared facilities and amenities such as parks and green spaces, sports walkways, schools, a mosque and smaller mosques, in addition to commercial areas.
According to Argaam data, Alramz signed an agreement in December 2025 with SNB Capital and Aouj Real Estate Co. to establish a Sharia-compliant real estate investment fund to develop the Rabwat Alramz residential project, with targeted investments of SAR 2.5 billion.
Alramz will contribute SAR 105 million to the fund as the landowner.
Alramz says the project spans more than 219,000 square meters
Alramz Real Estate Co. (Alramz) has begun construction on the first phase of its new residential project in south Al Rabwa district in Riyadh, Saudi-based Sabq reported.
The project spans more than 219,000 square meters and is part of a five-phase masterplan comprising over 1,300 villas.
The development includes shared facilities and amenities such as parks and green spaces, sports walkways, schools, a mosque and smaller mosques, in addition to commercial areas.
According to Argaam data, Alramz signed an agreement in December 2025 with SNB Capital and Aouj Real Estate Co. to establish a Sharia-compliant real estate investment fund to develop the Rabwat Alramz residential project, with targeted investments of SAR 2.5 billion.
Alramz will contribute SAR 105 million to the fund as the landowner.
