Saudi-based Umm Al Qura has signed an agreement with sustainable lifestyle real estate developer Numu for the construction of a SAR700 million ($185 million) serviced apartment tower within its Masar Destination in Makkah. The project will feature 460 hospitality units along with other amenities.
Saudi-based Umm Al Qura for Development and Construction Company, has announced that it has signed a land sale agreement with Rawajeh Group for the development of a residential tower in Zone 2 of its mega Masar Destination. The project will feature 250 residential units along with premium lifestyle amenities.
Saudi-based Umm Al Qura for Development and Construction Company has announced the extension of two reservation agreements with Mousa Abdulaziz Al Mousa & Sons Real Estate Holding Group for the sale of two plots within its premium Masar Destination in Makkah.
Saudi-based Umm Al Qura for Development & Construction Company has announced the launch of a unified digital platform for property ownership within its premium Masar Destination in Makkah through approved developers.
Saudi sovereign wealth fund PIF said it has sold out a part of its stake in Umm Al Qura for Development and Construction Company (Masar), through an accelerated bookbuild offering. It comprises 48 million shares, representing 3.3% of Masar’s share capital.
Saudi-based Alramz Real Estate Company has announced the official launch of its Masar Corner project in Makkah, featuring two towers with a total of 541 residential, commercial and service units and a gross built-up area of 125,000 sq m. The project, located within the Masar destination, is set for completion in 2029.
Saudi-based Umm Al Qura for Development & Construction Company has announced that its landmark urban project - Masar Development - in Makkah city has been awarded LEED Gold certification, one of the highest international certifications in sustainability and built environment.
