Dar Al Arkan, one of Saudi Arabia's leading real estate developers, has announced that it has officially secured the masterplan approvals for its flagship development, Shams Ar Riyadh. 

With these key milestones now in place, the company has confirmed that the project is on track for full completion before the end of 2026, said the Saudi developer in a statement.

Located in the north of Riyadh, Shams Ar Riyadh is a transformative master-planned community designed to elevate urban living in the capital. 

As one of the largest masterplans in the capital, Shams Ar Riyadh reflects Dar Al Arkan’s commitment to shaping integrated communities that combine modern living, green spaces, and essential amenities. 

The project will play a key role in meeting the growing demand for premium residential developments in Riyadh while contributing to the ongoing evolution of the city’s urban landscape, said the statement.

The granting of all regulatory approvals and the issuance of title deeds marks a decisive step forward in the project’s delivery and reinforces market confidence in both its vision and execution, it added.

Dar Al Arkan Chairman Yousef Bin Abdullah Al Shelash said: "Shams Ar Riyadh is a landmark development for us, and securing the masterplan approvals reflects the strength of our partnerships and the confidence of the authorities in our vision."

The approvals allow Dar Al Arkan to advance infrastructure works, sales processes, and development activities seamlessly, ensuring that investors and homeowners benefit from clear legal frameworks and timely project execution. 

"With this milestone, we are moving ahead with renewed momentum and a clear path toward completing the project before the end of 2026. Our focus remains on delivering a world-class community that embodies the future of urban living in Riyadh," he stated.

The company will continue to work closely with relevant government bodies to ensure that Shams Ar Riyadh is delivered to the highest standards of planning, design, and sustainability, he added.-TradeArabia News Service