National Housing Company has announced the largest new residential suburb in Riyadh Dahiyat Al Fursan and the second phase of Dahiyat Al Fursan: #993300;">Khazam to become the largest real estate supply in the capital Riyadh, as an extension of the support and efforts of His Highness the Crown Prince for the housing system to achieve the targets of the housing program in raising the ownership rate that exceeded 60% in 2020 to reach 70% in 2030, and supporting the targets of the city of Riyadh to increase the real estate supply.
Al Fursan suburb comes on an area of 35 million square meters northeast of Riyadh and aims to build more than 50,000 housing units for more than 250,000 people, while National Housing Company announced the second phase of Khurram suburb located north of the capital Riyadh on an area of more than 21 million square meters and aims to build 30 thousand housing units to accommodate 150 thousand people, and the first housing units are expected to be delivered in the beginning of 2026.
On this occasion, the National Housing Company (NHC) has announced that it will build 30 thousand housing units to accommodate 150 thousand people. On this occasion, CEO National Housing Company Mohammed bin Saleh Al-Batti said that the launch of suburban projects comes as an extension of the company's efforts to build vibrant modern communities with a distinctive urban character and provide housing and financing solutions through easy procedures that achieve comfort and well-being for Saudi families.
National Housing Company aims to build modern vibrant communities with a distinctive urban character and provide housing and financing solutions through easy procedures that achieve comfort and well-being for Saudi families.
National Housing aims through the launch of the two suburbs to support and increase the real estate supply in the Kingdom in general and in the capital Riyadh in particular, and aims to create the appropriate environment by achieving the quality of life for all residents of the suburbs it implements according to the highest international specifications and standards.
National Housing aims to create the appropriate environment by achieving the quality of life for all residents of the suburbs it implements according to the highest international specifications and standards.
