ROSAN Group Signs SR215 Million Deal with Dar Al Arkan for Residential Villas in Riyadh
In a groundbreaking move, ROSAN Group, Saudi Arabia’s top national real estate developer, has sealed a lucrative SR215 million ($57.3 million) sale and purchase agreement with partner developer Dar Al Arkan. This exciting development was reported by the Saudi Press Agency.
The agreement entails Dar Al Arkan acquiring and developing residential villas in SEDRA 1A, an exclusive area located in the northern region of Riyadh. This strategic partnership marks a significant milestone for both companies as they join forces to bring high-quality real estate offerings to the market.
By collaborating with Dar Al Arkan, ROSAN Group continues to demonstrate its commitment to working with top-tier entities across various specialized services. This latest venture underscores the company’s dedication to excellence and innovation in the real estate sector.