‎Al Majdiah signs SAR 395.8M agreement to develop 2 residential towers at Masar Destination

‎Al Majdiah signs SAR 395.8M agreement to develop 2 residential towers at Masar Destination ‎Al Majdiah signs SAR 395.8M agreement to develop 2 residential towers at Masar Destination

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Logo ofDar Al Majed Real Estate Co. (Al Majdiah)

Dar Al Majed Real Estate Co. (Al Majdiah) signed a real estate development agreement with Alistithmar Real Estate Fund 9.
According to a statement on Tadawul, Al Majdiah will act as the lead developer for two residential towers in Zone 1 of the Masar Destination in Makkah, on a total land area of approximately 6,614 square meters.
The company stated that the agreement has an estimated value of SAR 395.8 million, excluding VAT, with a 30-month term starting from the issuance of the building permit.

 

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Logo ofDar Al Majed Real Estate Co. (Al Majdiah)

Dar Al Majed Real Estate Co. (Al Majdiah) signed a real estate development agreement with Alistithmar Real Estate Fund 9.
According to a statement on Tadawul, Al Majdiah will act as the lead developer for two residential towers in Zone 1 of the Masar Destination in Makkah, on a total land area of approximately 6,614 square meters.
The company stated that the agreement has an estimated value of SAR 395.8 million, excluding VAT, with a 30-month term starting from the issuance of the building permit.
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