Arjan for Real Estate and Investment, Saudi Arabia has announced its appointment as the developer of the AlAhli Arjan Bin Saedan Fund project, with a total investment value of SAR 500 million.
The large-scale residential development will feature approximately 900 housing units strategically distributed across two key locations in Riyadh — Al Rimal district in eastern Riyadh and Al Arid district in the northern part of the capital.
The project will be developed over a land area exceeding 60,000 square meters, with total built-up areas surpassing 125,000 square meters, reflecting the scale and ambition of the development in supporting Riyadh’s growing residential demand.
Sales under the off-plan model are scheduled to launch by the end of 2026, while the handover of residential units to homeowners is expected to be completed during the second quarter of 2028.
The project aligns with the Kingdom’s ongoing urban development goals and increasing demand for integrated housing communities across Riyadh, one of the region’s fastest-growing real estate markets.
