At a total cost of SAR 1300 million, Anan Real Estate Company led an alliance with Al Tamimi Company to build the «Sea Banks» residential project in Al Khobar city next to King Fahd Bridge and close to the Arabian Gulf coast, with the aim of building 2500 residential units and villas on a total area of 984100 thousand square meters.

On this occasion, the General Manager of Anan Real Estate Company, Mr. Bandar Al-Dahik, explained that the project is considered a catalyst and support for the recovery of the real estate market in general; he described it as one of the largest projects in the Eastern Province and will promote urban development with the latest modern designs, and Al-Dahik revealed the distinguished and strategic location of the project on the Arabian Gulf coast and next to the most important landmarks of the region.

The General Manager of Anan Real Estate Company valued the advantages of real estate investment in the city of Khobar due to its several important aspects in the success industry such as tourist attractions, which made it the most beautiful areas overlooking the banks of the Arabian Gulf, in addition to the commercial and industrial aspects of the city, and expected that the project will attract many business owners, companies and families to find what suits their aspirations in this unique project in Khobar.

Dahik