“Wafi announces the completion of three off-plan projects in Riyadh and Jeddah

Off-plan sales projects

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The General Secretariat of the Off-Map Sale or Leasing Committee “Wafi” announced the completion of three off-plan sales projects in Riyadh and Jeddah, as part of the committee's efforts in supervising and following up on the progress of off-plan sales projects, which contribute to the quality of the housing supply to raise the percentage of residential ownership for Saudi families to 70 percent by 2030 to achieve the objectives of the housing program - one of the programs of the Kingdom's Vision 2030.

The General Secretariat of the Committee for Sale or Leasing on the Map “Wafi” indicated that the projects “Asila Tower”, ”Al-Ajlan Riviera 17” and “Sakina Residence 1” residential projects provide about 220 units, as these projects are among the projects for sale on the map, which are hosted by the regions of Riyadh and Mecca under the supervision of the "Wafi" program.

The General Secretariat of the Committee for Sale or Leasing on the Map "Wafi".

The committee's secretariat announced during the past period the completion of the “Nassaj Town 2” project - located in the suburb of the facade in Dammam in the Eastern Province - which provides 674 residential units of townhouse type in various models and designs for the beneficiaries of the housing program.

Wafi provides the necessary licenses for off-plan real estate projects “under construction”, and monitors their completion rates, quality of implementation and financial flows from buyers of the project, in addition to stimulating and qualifying real estate developers to create distinctive and integrated real estate projects that meet the aspirations of Saudi families, and grants licenses for the sale, marketing and leasing of real estate units on the map to enhance the supply of residential and commercial units and promote investment in the sector.

The General Secretariat of the Off-Map Sale or Leasing Committee “Wafi” announced the completion of three off-plan sale projects in Riyadh and Jeddah, as part of the committee's efforts to supervise and follow up on the progress of work in off-plan sale projects, which contribute to the quality of the housing supply to raise the percentage of residential ownership for Saudi families to 70% by 2030 to achieve the objectives of the housing program - one of the programs of the Kingdom's Vision 2030.

Wafi announced the completion of three projects for sale on the map in Riyadh and Jeddah.

The General Secretariat of the Committee for Sale or Leasing on the Map "Wafi" indicated that the projects “Asila Tower”, “Al Ajlan Riviera 17” and "Sakina Residence 1" residential projects provide about 220 units, as these projects are among the projects for sale on the map, which are hosted by the regions of Riyadh and Mecca under the supervision of the "Wafi" program.

The committee's secretariat announced during the past period the completion of the "Nassaj Town 2" project - located in the suburb of the facade in Dammam in the Eastern Province - which provides 674 residential units of townhouse type in various models and designs for the beneficiaries of the housing program.

Wafi provides the necessary licenses for off-plan real estate projects "under construction", and monitors their completion rates, quality of implementation and financial flows from buyers of the project, in addition to stimulating and qualifying real estate developers to create distinctive and integrated real estate projects that meet the aspirations of Saudi families, and grants licenses for the sale, marketing and leasing of real estate units on the map to enhance the supply of residential and commercial units and promote investment in the sector.