Construction & Real Estate

Umm Al Qura sells four premium land plots in Masar Destination for $160m

Saudi-based Umm Al Qura for Development and Construction Company and Alinma Development II, a special purpose vehicle of Alinma Makkah Real Estate Fund, have signed sales agreements with Arabian Dyar Company for four prime land plots located within the Masar Destination project in Makkah for SAR603.76 million ($160 milllion). ...

Construction & Real Estate

Umm Al Qura inks deal to develop 250-unit residential project in Masar Destination

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....

Construction & Real Estate

Umm Al Qura, Osus join hands for $266m residential project in Makkah

Saudi-based Umm Al Qura for Development and Construction has signed a land sale agreement with Osus Real Estate for three plots with planned investments of about SAR1 billion ($266.3 million) in Makkah city. The project will involve the development of three residential towers featuring 690 apartments. ...

Construction & Real Estate

Umm Al Qura awards $1bn prime Makkah development package contracts

Saudi-based Umm Al Qura for Development and Construction Company has awarded major contracts worth SAR4.1 billion ($1.1 billion) to Mobco and BEC Arabia Contracting Company for the completion of two major development packages at its Masar Destination in Makkah city. ...

Construction & Real Estate

Umm Al Qura in deal to sell prime residential plot in Makkah

Saudi-based Umm Al Qura for Development and Construction Company has entered into a deal with Arabian Dyar Real Estate for the sale of a 3,061 sq m plot of land within Masar Destination in Makkah. This prime plot will be used for development of residential units. ...