By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Ajdan Real Estate Development and Aljazira Capital to Launch SR2 Billion Mixed-Use Real Estate Project in Central Riyadh
Share
Notification Show More
Recent Saved
Workers in Bucharest face challenges as temperatures rise
World
Dress code guidelines for the Qatari government sector during office hours
Qatar
Court rules in favor of worker after company dismisses him for salary deductions over 6 years, awarding BD 27,000.
Bahrain
UAE to See Almost 30,000 New Millionaires in 5 Years
UAE
Proposed New Labor Law in Bahrain Targets Increasing Job Opportunities
Bahrain
Latest News
Ferrero’s Social Responsibility Project Kinder Joy of moving Beats Traditional PE Curriculum, Tapping into the Cognitive Functions, Motor Coordination and Life Skills of Students
Lifestyle
UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off
Sports
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech
Beat the Heat This Summer with a Chill Out on Dubai Marina
World
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World
Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World
Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide
Crypto
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Ajdan Real Estate Development and Aljazira Capital to Launch SR2 Billion Mixed-Use Real Estate Project in Central Riyadh
Business

Ajdan Real Estate Development and Aljazira Capital to Launch SR2 Billion Mixed-Use Real Estate Project in Central Riyadh

News Room
Last updated: 2024/09/18 at 2:50 PM
News Room
Share
5 Min Read
SHARE

Ajdan Real Estate Development has recently announced a strategic partnership with Aljazira Capital to establish a project worth approximately SR2 billion. This project will consist of building mixed-use towers and launching the Aljazira Ajdan Real Estate Fund, expanding on previous collaborations between the two entities. The project will be located in the heart of Riyadh, spanning over 21000 square meters in the Al-Rahmaniyah district, near key roads and major landmarks such as the Ministry of Municipalities and Housing, King Abdullah Financial District (KAFD), and Kingdom Tower. The prime location of the project will offer a vibrant and easily accessible environment for residents and businesses.

The development project will feature quality towers designed with the latest architectural standards and construction technologies to create a luxurious and modern living experience. It aims to become a prominent landmark in Riyadh, offering a large number of upscale residential units with various models, diverse spaces, and integrated services. Additionally, the project will include contemporary work spaces, commercial units, cafes, restaurants, shopping stores, green spaces, and family entertainment areas. This mix of offerings will make the project a dynamic destination that enhances the lifestyle of its residents and visitors while contributing to the growth of the real estate market in Saudi Arabia.

Mohammed Al-Otaibi, CEO of Ajdan Real Estate Development Company, expressed his enthusiasm for the collaboration with Aljazira Capital and the launch of the Aljazira Ajdan Real Estate Fund. He highlighted the company’s commitment to developing projects that meet the needs and expectations of customers and investors, as well as addressing the increasing demand for residential and commercial units. Similarly, Naif Al-Misnad, CEO and Managing Director of Aljazira Capital, emphasized the company’s strategy of offering diverse investment products and services, including real estate projects. The partnership with Ajdan Real Estate Development is part of Aljazira Capital’s dedication to providing comprehensive investment solutions to clients and partners.

Ajdan Real Estate Development Company, established in Al-Khobar in 2016, focuses on creating luxury real estate developments and quality of life projects. The company specializes in multi-use projects, including residential, commercial, hospitality, and entertainment facilities, to cater to a wide range of societal segments. Ajdan is dedicated to supporting the real estate development sector by delivering modern, vital projects in major cities such as Riyadh, Al-Khobar, and Jeddah. The company’s vision is centered on providing exceptional living experiences and enhancing the overall quality of life for residents in Saudi Arabia.

The partnership between Ajdan Real Estate Development and Aljazira Capital signifies a significant milestone in the real estate industry in Saudi Arabia. By combining their expertise and resources, the two entities aim to create a groundbreaking project that will set new standards for luxury living and commercial spaces in Riyadh. The Aljazira Ajdan Real Estate Fund will play a crucial role in funding the development project, ensuring its successful implementation and contributing to the growth of the real estate market. This collaboration highlights the commitment of both companies to providing innovative and high-quality real estate solutions to meet the needs of investors and residents in the Kingdom.

In conclusion, the partnership between Ajdan Real Estate Development and Aljazira Capital signifies a significant step towards the development of luxury real estate projects in Saudi Arabia. The new project in Riyadh promises to offer exceptional residential and commercial spaces, along with a range of amenities and services to enhance the lifestyle of its residents and visitors. By leveraging their strengths and expertise, both companies aim to create a landmark development that will contribute to the advancement of the real estate market in the Kingdom. The Aljazira Ajdan Real Estate Fund will play a key role in financing the project, ensuring its success and establishing a new standard of excellence in the industry.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room September 18, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article NZD/USD Price Analysis: Climbs to 0.6230 as Fed Policy Becomes Focus
Next Article UAE: Social media influencer Abdu Rozik cancels wedding over ‘cultural differences’ – News
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Ferrero’s Social Responsibility Project Kinder Joy of moving Beats Traditional PE Curriculum, Tapping into the Cognitive Functions, Motor Coordination and Life Skills of Students
Lifestyle July 14, 2025
UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off
Sports July 6, 2025
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech July 1, 2025
Beat the Heat This Summer with a Chill Out on Dubai Marina
World July 1, 2025

You Might also Like

Tech

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

July 1, 2025
Crypto

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
BusinessCrypto

Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025

May 20, 2025
BusinessGulfUAE

Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World

May 10, 2025
BusinessCrypto

RWA project FEXSE tokenises $600,000 Jacob & Co. luxury watch on the blockchain

April 14, 2025
Business

NTT DATA Business Solutions Expands Presence in UAE with Stronger Regional Leadership

March 28, 2025

Sustainable Moving Services: How Dubai’s Moving Companies Are Going Green

February 20, 2025
Tech

CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

February 14, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?