About the Project
A mixed-use urban development featuring up-scale hotels, high-end offices, thousands of residential units, leasable commercial spaces, and educational and healthcare facilities.
Dar Al Hijrah Project
Overview
Project Owner
Rua Al Madinah Holding (a PIF Company)
Asset Type
Up-Scale hotels and premium office towers
Location
Madinah, Saudi Arabia
Opportunities Description:
Partially built (shell & core) towers, consist of three up-scale hotels designed according to international standards and tailored to meet the needs of Madinah visitors. in addition to four premium office towers designed to serve the evolving business and administrative needs of the city, that could be considered for conversion to alternative uses e.g. residential units or polyclinics.
Hotel Towers (Shell & Core):
~380 keys, BUA +40,300 sqm, 3 basements + ground floor + 19 floors
Hotel Towers (Shell & Core):
~380 keys, BUA +40,300 sqm, 3 basements + ground floor + 19 floors
Hotel Towers (Shell & Core):
~614 keys, BUA ≈70,000 sqm, 2 basements + ground floor + 19 floors
Hotel Towers (Shell & Core):
~380 keys, BUA +40,300 sqm, 3 basements + ground floor + 19 floors
Hotel Towers (Shell & Core):
~380 keys, BUA +40,300 sqm, 3 basements + ground floor + 19 floors
Hotel Towers (Shell & Core):
~614 keys, BUA ≈70,000 sqm, 2 basements + ground floor + 19 floors
Commercial (Office) Towers (Shell & Core):
BUA +72,250 sqm, land +10,650 sqm, 3 basements + ground floor + 11 floors
Commercial (Office) Towers (Shell & Core):
BUA +72,250 sqm, land +9,500 sqm, 3 basements + ground floor + 11 floors
Commercial (Office) Towers (Shell & Core):
BUA +72,250 sqm, land +13,380 sqm, 3 basements + ground floor + 11 floors
Commercial (Office) Towers (Shell & Core):
BUA +56,300 sqm, land +8,850 sqm, 3 basements + ground floor + 16 floors
Commercial (Office) Towers (Shell & Core):
BUA +72,250 sqm, land +10,650 sqm, 3 basements + ground floor + 11 floors
Commercial (Office) Towers (Shell & Core):
BUA +72,250 sqm, land +9,500 sqm, 3 basements + ground floor + 11 floors
Commercial (Office) Towers (Shell & Core):
BUA +72,250 sqm, land +13,380 sqm, 3 basements + ground floor + 11 floors
Commercial (Office) Towers (Shell & Core):
BUA +56,300 sqm, land +8,850 sqm, 3 basements + ground floor + 16 floors
Why Invest?
Strategic Location
Only 10 minutes from the Prophet’s Mosque and 5 minutes from Quba Mosque, within a masterplan spanning over 1.1 million sqm
Building Specifications
High standard construction designed with in-depth understanding of both operational needs of international hotel chains, and the particular needs of visitors to Madinah, in compliance with international fire & safety standards.
Transportation Access
Direct connectivity to Madinah Bus public transportation network
Steady and Attractive Returns
Driven by the strong Madinah hospitality market and Vision 2030 realization.
Partially Ready Development
Leading to short time-to-market and early recovery of investment cost.
