Tilal Real Estates recently announced the launch of their “Heart of Khobar” project, one of the largest real estate projects in the Eastern Province with a market value of SR 6 billion upon completion. This announcement was made during the company’s participation in the “Cityscape Global” exhibition in Riyadh, showcasing the project’s innovative and forward-thinking approach. The project aims to support Saudi Arabia’s Vision 2030 by providing sustainable and pedestrian-friendly urban living in Khobar.
Covering a total area of 268,813 square meters, the “Heart of Khobar” project will be located in the luxurious Al Rawabi neighborhood in Khobar. It will feature a mix of residential and commercial facilities, hotels, and recreational venues to create an integrated community known as an “urban village.” This community will offer residents a safe and flexible environment where they can live, work, and play in one convenient location.
CEO of Tilal Real Estate, Abdulrahman AlBassam, expressed his excitement for the project, stating that it will pave the way for smart and integrated cities in Saudi Arabia. The goal of the project is to provide residents and visitors with an exceptional quality of life through sustainable, comfortable, and luxurious living spaces. The “Heart of Khobar” project aims to be a role model for achieving Vision 2030 goals and enhancing Khobar’s reputation as a desirable destination for living and investment.
The unique design of the “Heart of Khobar” project prioritizes pedestrian-friendly spaces, with up to 89% of the area being accessible by foot. This design promotes public health, social interaction, and an integrated living environment in the heart of Khobar. The project will include a variety of facilities such as a shopping mall, business park, community center, cinema, hotels, serviced apartments, co-working spaces, and recreational venues to cater to the diverse needs of residents.
The project will be completed in three phases over the coming years, with each phase covering different aspects such as residential units, offices, hotels, and recreational facilities. By offering a range of amenities and services, the “Heart of Khobar” project aims to serve the needs of the local community and set new standards for urban development in the Kingdom. The completion of this project is expected to add qualitative value to the Eastern Province and contribute to the overall development of urban communities in Saudi Arabia.
Overall, the “Heart of Khobar” project by Tilal Real Estates is set to be a groundbreaking development that will not only support the goals of Vision 2030 but also provide residents with a vibrant and integrated community where they can live, work, and play. With its innovative design, sustainable approach, and focus on pedestrian-friendly spaces, the project is poised to be a model for future smart cities in Saudi Arabia.
