NHC and Wartal launch Naseej Lazord to develop 1064 villas in Al Khobar

The project is located in the Lazurd suburb south of Al Khobar on 314,000 square meters and includes educational and health facilities and large green spaces

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Retal Urban Development has announced the launch of the Nassaj Lazord project in partnership with NHC, in a joint development partnership aimed at creating an integrated residential community with 1,064 residential villas, distributed in 6 different models, in the south of Khobar city, on an area of approximately 314,000 square meters. This project reflects the commitment of both parties to support the objectives of the housing program and the Saudi Vision 2030 in raising the rate of ownership of citizens and enhancing the quality of life.
The project is located in the suburb of Lazurd, which provides integrated facilities such as schools, mosques, health and commercial services with large green spaces of more than 770,000 square meters to provide a natural and architectural environment in which the details of daily life are in harmony with the beauty of nature. The project represents a modern model of high-quality affordable housing, designed to meet the needs of families looking for a residential environment that combines modernity, sophistication and tranquility, in a strategic location close to the most prominent landmarks of Al Khobar city such as King Fahd Bridge, Al Khobar Corniche, beaches and southern resorts, in addition to its proximity to vital road arteries such as Khalidiya Road, which gives the project a competitive advantage and enhances its market opportunities. Nassaj, a subsidiary of Retal Group, is the management consultant for the project.
Abdullah Al Barikan, CEO of Retal Urban Development, emphasized that the launch of Nassaj Lazord in partnership with NHC reflects Retal's commitment to its pioneering role in building integrated residential communities that enjoy the highest quality standards and provide a modern environment that suits the needs of the Saudi family. He added that the project reflects Retal's ability to translate the objectives of Saudi Vision 2030 into realistic projects that contribute to raising the ownership rate, enhancing the quality of life, and creating added value to the real estate market.
He added that the project's strategic location in Al Khobar, coupled with its modern architectural design, makes Nasaj Lazord a milestone in affordable housing projects with a sophisticated urban character.
The design of the project reflects a contemporary urban approach that meets the aspirations of Saudi families, where the development vision is based on creating elegant, durable and adaptable buildings with a focus on promoting sustainability, minimizing environmental impact, and highlighting green spaces as an integral element of the residential experience.

The project represents an extension of Retal's vision to create modern and sustainable urban communities that respond to citizens" aspirations for an integrated urban future