Al Diyar Arab Real Estate Development Company ranked seventh in the 2021 annual ranking of the 50 largest real estate developers in the Gulf Cooperation Council (GCC) countries.
Construction Week revealed the list of the top 50 developers in the Gulf region, as part of its ranking of the largest real estate developers that enhance the sector’s contribution to economic growth and development.
On this occasion, Engineer Muammar Al-Attawi, Chairman of the Board of Directors of Al-Diyar Al-Arabiya Real Estate Development Company, said that this victory achieved by “Al-Diyar Al-Arabiya,” is due to its status as a leading company in its field, which strives to be unique in the services it provides and to contribute its expertise to accelerating growth. In a short time, it has become a pioneer in the real estate development sector, thanks to its professional mindset, and organized work, operating on clear and systematic foundations, and offering innovative solutions and unique designs with high-quality buildings that help fulfill the aspirations and the aspirations of all stakeholders.
Mr. Nayef Al-Attawi, CEO, emphasized that “Al-Diyar Al-Arabiya” is working to introduce a new concept in real estate development, with the aim of delivering high-quality real estate products that satisfy all partners. Among its successful projects is “Shams Al-Diyar,” which is the result of a strategic partnership between the Ministry of Housing and the company, as well as the “Louloua Al-Diyar” project, where the project’s infrastructure was developed and implemented in an integrated manner, in accordance with the highest and most up-to-date specifications, making it a strategic and model neighborhood in Yanbu Al-Bahr. The “Louloua Al-Diyar” project is located in a quiet area by the sea, suitable for luxury residential use,and a love for tranquility and the charm and beauty of the sea. Additionally, there is "Bovardia City," which offers the experience of living in a healthy, active environment full of enjoyment, thanks to its proximity to all sports facilities and parks in the city of Jeddah.
He also highlighted the future projects that “Al-Diyar Al-Arabiya” is working to launch, including the “Diyar Al-Bahr” project in Jeddah, less than 500 meters from the seashore, which offers modern residential units of various sizes, as well as "Al-Diyar Tower" in Riyadh, located on King Fahd Road across from the Financial Center, which offers luxury residential units, a shopping center, and upscale restaurants, and will be an architectural icon in the capital city of Riyadh.
