{"id":101244,"date":"2026-02-19T10:56:49","date_gmt":"2026-02-19T07:56:49","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=101244"},"modified":"2026-02-19T11:13:14","modified_gmt":"2026-02-19T08:13:14","slug":"%d8%aa%d8%af%d8%b4%d9%8a%d9%86-%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1%d8%a7%d8%aa-%d9%81%d9%86%d8%af%d9%82%d9%8a%d8%a9-%d9%88%d8%b9%d9%82%d8%a7%d8%b1%d9%8a%d8%a9-%d8%b6%d8%ae%d9%85%d8%a9-%d9%81","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/101244\/","title":{"rendered":"Huge hotel and real estate investments launched in Makkah and Riyadh"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Between the sanctity of the place and the momentum of investment, Mecca and Riyadh are witnessing a new wave of <strong><a href=\"https:\/\/amlak.net.sa\/en\/72051\/\">Real estate projects<\/a><\/strong> The major hotel sector is led by national companies with long-term expansion plans. Projects worth billions of riyals are not only boosting capacity and services but are also reshaping the urban and investment landscapes of the two cities that have the greatest impact on the Saudi economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Mecca: 4 world-class hotels and a fully integrated urban community<\/strong><br>Suleiman Al-Rajhi Holding Company announced the launch of its endowment project, \u00abTallal Towers,\u00bb in Makkah, which includes four world-class hotels offering more than 2,500 hotel and residential rooms, with investments totaling 2 billion riyals. The project spans a construction area of 330,000 square meters, in addition to retail and rental spaces totaling approximately 135,000 square meters, in a move that reflects a clear shift toward developing mixed-use projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company\u2019s chairman, Ihsan Bafqih, explained that the project is part of a new expansion strategy for the Sulaiman Al-Rajhi Endowment in Mecca, which included the redevelopment of \u00abAl-Rajhi Center\u00bb to become an urban hub parallel to the central district. The project features residential apartments for sale next to the Aisha Al-Rajhi Mosque, the second-largest mosque in Mecca after the Grand Mosque, where the sales campaign is seeing remarkable demand, reflecting the high demand for housing in that area.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh: Rafal Expands Its Portfolio and Launches Two New Hotels<\/strong><br>In Riyadh, Rafal Real Estate is set to expand its residential and hotel operations this year through partnerships with the National Housing Company and the launch of two hotels in collaboration with ROVE and the InterContinental Group, with a total development value exceeding 8 billion riyals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This came on the sidelines of the announcement of an acquisition by a consortium led by <a href=\"https:\/\/rafal.com.sa\/our-communities\/burj-rafal\/\"><strong>Rafal <\/strong><\/a>The \u00abPavilions\u00bb office complex in Riyadh, valued at 360 million riyals, as part of a strategic deal with Capital Investment Company. Located along King Khalid Road, the complex offers Class A office space with a total leasable area of 40,000 square meters and is fully occupied, benefiting from its proximity to key destinations such as the New Square, Riyadh City Boulevard, and Al-Dir\u2019iya.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These massive projects in Mecca and Riyadh reveal a qualitative shift in the course of <strong><a href=\"https:\/\/amlak.net.sa\/en\/100610\/\">Real estate development<\/a><\/strong> The hospitality sector, based on strategic partnerships, mixed-use development, and the creation of integrated urban communities, supports economic growth and enhances the appeal of Saudi cities to both domestic and international investors.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>Makkah and Riyadh are witnessing a new wave of major real estate and hotel projects, led by national companies with long-term expansionist visions. Projects worth billions of riyals not only enhance capacity and services, but also reshape the urban and investment landscape in the two most influential cities in the Saudi economy. Makkah: 4 international hotels and an integrated urban communitySuleiman ... <a title=\"Huge hotel and real estate investments launched in Makkah and Riyadh\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/101244\/\" aria-label=\"Read more about the launch of major hotel and real estate investments in Mecca and Riyadh\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":93980,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"both","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[{"url":"","title":"","desc":"","thumbnail":"","duration":"","rating":"","view_count":"","tag":""}],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[118],"tags":[],"class_list":["post-101244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hospitality-entertainment"],"acf":{"amlak_post_excerpt":" 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