Dar Al Majed Real Estate Lands SAR85 Million Real Estate Development Project in Saudi Arabia

03:41 AM EST, 12/14/2025 (MT Newswires) -- Dar Al Majed Real Estate (SASE:4326) secured a project worth 85.1 million Saudi riyals to develop, execute, manage, and market a residential project in Riyadh, Saudi Arabia. The 36-month agreement, entered into with the Jadwa Al-Manzel Real Estate Fund, will be done under the Cost-Plus model and will cover a 14,709-square-meter plot of land, according to a Sunday release.