Real Urban Development Company has announced that it has given a SAR374 million ($100 million) contract to its subsidiary, Building Construction Company, to build a large project in Riyadh, Saudi Arabia.
Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel
The project will include 285 new homes in the Murcia area of the Khozam neighborhood in Riyadh. Retal said that the Building Construction Company will handle all the construction work for these homes.
The money for this project will come from funds the company already has, and also from sales of homes that have not yet been built. This plan will make sure the project stays financially secure.
Rental believes this project will have a positive impact on the company’s results when construction starts, expected to begin between 2025 and 2027. The entire project is set to be completed in 30 months.
In short, Retal’s plan to build more homes in Riyadh will help provide more housing and contribute to the growth of the city.
#trending #latest #RetalUrbanDevelopment #RiyadhProject #BuildingHomes #ConstructionContract #ResidentialUnits #SaudiArabia #RealEstateDevelopment #RiyadhConstruction #HousingProject #InvestmentInRiyadh #BuildingTheFuture #UrbanGrowth #ConstructionNews #OffPlanSales #RetalCompany #SaudiRealEstate #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #bestnewschanneldubai #bestnewschannelUAE #bestnewschannelabudhabi #bestnewschannelajman #bestnewschannelofdubai #popularnewschanneldubai
The programme ensures housing units are affordable yet high-quality, emphasizing a commitment to creating vibrant and inclusive communities...Read More.
Explore the Lasting Impact of Rituals and Ceremonies in Modern Life...Read More.
Dubai-Mumbai underwater rail could revolutionize regional connectivity
The Dubai-Mumbai underwater rail project could greatly enhance regional connectivity.
Belgian actress Emilie Dequenne passes away at 43 after rare cancer battle
Belgian actor Emilie Dequenne has passed away at 43 after battling cancer, her family confirmed
Rory McIlroy, J.J. Spaun set for Monday playoff at The Players
World No. 2 Rory McIlroy and leader J.J. Spaun will face a Monday playoff at The Players after finis
Baidu launches 2 free AI models to rival DeepSeek in China
Baidu announced that its new X1 reasoning model and Ernie 4.5 foundation model are now on Ernie Bot
ITC Abu Dhabi converts Bus Service No. 65 into eco-friendly green service
This underscores the need for eco-friendly transport solutions to serve many passengers while ensuri
Abu Dhabi Launches Value Housing Programme by Department of Municipalities
The programme ensures housing units are affordable yet high-quality, emphasizing a commitment to creating vibrant and inclusive communities
The Role of Rituals and Ceremonies in Today’s World
Explore the Lasting Impact of Rituals and Ceremonies in Modern Life
Rasha Thadani Shines in Budget-Friendly Black Dress for Birthday
Rasha Thadani slays in her birthday drip with ‘akhiyon se goli maare’ vibes, inheriting killer genes from mom Raveena Tandon
Dubai Police arrest 33 beggars in the first 10 days of Ramadan
The crackdown targets all types of begging, including both traditional and modern methods.
Dubai-Mumbai underwater rail could revolutionize regional connectivity
The Dubai-Mumbai underwater rail project could greatly enhance regional connectivity.
Tren De Aragua: The Venezuelan Gang Deported by Trump
Trump administration to pay $6 million to El Salvador to keep gang members in prison for a year
US airstrikes on Yemen's Houthis kill 53 in latest attack.
The US launched overnight airstrikes on multiple targets in Yemen starting at midnight Sunday.
Over 400 guests evacuated after fire breaks out at Australia's Hilton Hotel.
Firefighters arrived to find a rooftop blaze, with falling debris sparking a second fire below
Did Kim Kardashian Lose '$1 Zillion Diamond' at Ambani Wedding
Kim Kardashian reportedly lost a diamond from her huge necklace at the Ambani wedding in July 2024. A US jewelry influencer reveals its reported cost
Jade Plant Myths in Culture and the Science Behind Them
Unveiling the Truth Behind Jade Plant Myths and Science
3001E, 30 Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
+971 52 602 2429
info@dxbnewsnetwork.com
© DNN. All Rights Reserved.
