Asas Makeen Real Estate Development and Investment Company signed a partnership agreement with Al Rajhi Real Estate Investment and Development Company to develop a modern residential project in the Andalusia neighborhood in Riyadh, with an investment value of one billion Saudi riyals.<br /> <br /> The agreement was signed under the auspices of the Ministry of Municipalities and Housing, and in the presence of His Excellency the Undersecretary of the Ministry, Mr. Abdul Rahman Al-Tawil, emphasizing the importance of the project in supporting the urban development and enhancing quality of life in the capital.<br /> <br /> The project spans 17,800 square meters, with a total built-up area of approximately 137,000 square meters, comprising 665 residential units distributed across 20 residential towers, to be one of the prominent residential projects that provide an integrated environment and meet the aspirations of residents with modern standards. The project is strategically located just 100 meters from the metro station, offering smart mobility options and contributing to a fully integrated modern living environment, in alignment with Saudi Vision 2030's goals for developing sustainable residential communities.<br /> <br /> In this regard, Asas Makeen has expressed its commitment to developing integrated urban communities that align with real estate market developments by delivering high-quality and innovatively designed residential investments. The company affirmed that this project would be a significant addition to sustainable urban development in Riyadh.
<div style="text-align: left;"> <p>A glimpse of our annual celebration </p> <p></p> <p>A journey forged with commitment, embodied by team spirit, and crowned with excellence.</p> <p></p> <p>With this, we celebrate in Asas Makeen</p> </div>
<p>This award is one of the most prestigious prizes at the exhibition, and it reflects Asas Makeen’s commitment to providing genuine value to its visitors.</p> <p>We congratulate the winner \ Majed Almuturi on this unique residential opportunity and wish them a stable and fruitful start.</p> <p>Stay tuned for upcoming surprises!</p>
<p>Moment from our visitors' attendance on the last day of Cityscape, where we continue to welcome you to the Asas Makeen pavilion to learn about our projects and collaboration opportunities.</p>
<p>Asas Makeen were honored by the visit of His Excellency the Minister of Municipalities and Housing, Mr. Majid Al-Hogail, and the CEO of the General Authority for Real Estate, Eng. Abdullah Al-Hammad, at Cityscape. We value their presence and are proud of it.</p>
<p>A glimpse of the third day at Cityscape highlights the interaction of visitors and their interest in the Asas Makeen projects and its approach to developing integrated residential communities and quality investment options.</p>