Dar Al Majed Real Estate to Build SAR65 Million Apartments in Saudi Arabia

03:17 AM EST, 12/14/2025 (MT Newswires) -- Dar Al Majed Real Estate (SASE:4326) agreed to develop and market residential apartments on a 7,104-square-meter area in Riyadh, Saudi Arabia, owned by the Jadwa Al-Manzel Real Estate Fund. The estimated total development cost of the project in the Arqa district is 65.4 million Saudi riyals, according to a Sunday release. The real estate company will complete the project in 30 months.