Following the leasing of all units in Phase 3, “Dour Al-Dhiyafa” announces the completion of leasing for Phase 4 of the “Daraq” project

Posted in

“Dour Hospitality” announced that all units in Phase 3 of the “Daraq” residential project, located in the Al-Safarat neighborhood of Riyadh, have been fully leased. which is designed for elite businesspeople, diplomats, and senior executives seeking a modern lifestyle for themselves and their families in a vibrant and strategic location that offers all the amenities of luxury, privacy, and security.

In this context, Mr. Sultan Al-Otaibi, Vice President of Assets and Properties at Dor Hospitality, said: “Given our extensive experience in hotel management and operations, we at Dor Hospitality have moved to develop and manage a number of high-end residential projects to offer integrated residential communities based on the concept of comprehensive hospitality.”

He added: “Darraq Homes is not just a residential project; it offers a comprehensive lifestyle, which has become an urgent need sought by our clients. Our project derives its competitive advantage from its strategic location within the Diplomatic Quarter and its innovative concept of luxury living, attracting those seeking a 5-star lifestyle in a fully serviced environment, while adhering to sustainable development practices.”

Mr. Sultan Al-Otaibi stated, ”Daraq is one of Dor’s most prominent hospitality projects in the residential sector, through which“Dour” aims to introduce distinctive features in the field of residential and urban development and to offer an innovative residential product aligned with the company’s strategic vision and future plans.”

Coinciding with the completion of leasing for all units in Phase Three, the leasing process for the luxury residential units in Phase Four of the ”Daraq” residential project has been launched. This phase features a collection of modern, fully furnished villas and apartments, It is worth noting that Phase 4 is seeing high demand, with most units already leased as the handover of Phase 4 nears completion; the phase is scheduled for completion during the first quarter of 2018.

Daraq homes have been developed in accordance with the latest internationally recognized engineering and urban planning standards, featuring modern designs, high-end finishes, and smart home systems. Daraq Homes also emphasizes the concept of comprehensive hospitality by offering a diverse range of high-end services and professional solutions for the management of facilities and residential complexes, including maintenance and security services. Daraq Homes allows its residents to take advantage of the distinctive public facilities, parks, model schools, sports clubs, and private recreation and entertainment centers available in the Diplomatic Quarter.