Shumool Real Estate has launched the first phase of sales for its residential project, the “Manar”—a home and investment opportunity—in the Al-Nada residential neighborhood north of Riyadh. The project features a variety of floor plans and interior designs, offering homeowners comfortable and distinctive living spaces while providing investors with complete privacy for both landlords and tenants.
The first phase consists of 10 residential villas, with lot sizes ranging from 315 m² to 420 m² and floor areas ranging from 492 m² to 620 m². The project boasts a prime location within a fully serviced neighborhood and is distinguished by its proximity to essential services and commercial centers. It is situated near the extension of Takhassusi Road and Othman bin Affan Road (may Allah be pleased with him), providing easy access to major centers and main streets, In addition to its proximity to the King Abdullah Financial Center and numerous universities—such as Imam Muhammad bin Saud Islamic University, Princess Noura bint Abdulrahman University, and the E-University, as well as its proximity to the King Khalid International Airport Road. The project also features numerous easy-to-access entry and exit points.
On this occasion, Mr. Turki bin Saad Al-Eid, Director of Marketing at Shomoul Real Estate—the project’s developer—emphasized that the “Manar” residential project underwent technical studies and designs to ensure quality throughout the various stages of construction, “Shamoul” has incorporated new and inspiring ideas into this project to provide its customers with modern, upscale housing featuring a high level of luxury, as well as comprehensive and integrated services and amenities in a prime location, all at affordable prices, along with a wonderful opportunity to generate additional income through a long-term investment, God willing, thereby transcending the traditional concept of housing and overcoming the challenges and obstacles associated with homeownership and the high cost of living. Shomoul Real Estate also offers distinctive warranties on the structural framework and on the electrical and mechanical work for the «Manar» residential project.
Mr. Al-Eid revealed that the company is working to launch unique residential projects designed to meet the needs and aspirations of Saudi families seeking their dream home. We at Shumool Real Estate also look forward to supporting the Ministry of Housing in achieving its vision of finding the best possible solutions to provide suitable housing products for citizens by involving the private sector in its projects and products.
