{"id":112328,"date":"2026-11-03T11:34:30","date_gmt":"2026-11-03T08:34:30","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=112328"},"modified":"2026-11-03T11:34:32","modified_gmt":"2026-11-03T08:34:32","slug":"%d8%a7%d9%84%d8%ae%d8%a8%d8%b1-%d8%aa%d8%b9%d8%b2%d8%b2-%d8%ac%d8%a7%d8%b0%d8%a8%d9%8a%d8%aa%d9%87%d8%a7-%d8%a7%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1%d9%8a%d8%a9-%d8%a8%d8%a7%d9%81%d8%aa","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/112328\/","title":{"rendered":"Al-Khobar enhances its investment appeal with the opening of two projects on the waterfront"},"content":{"rendered":"

The Eastern Province opened the \u00abBayfront\u00bb destination on the Khobar Corniche, coinciding with the launch of the \u00abDowntown Khobar\u00bb project on the waterfront, in a move that demonstrates the expansion in the development of urban and tourist destinations, and the promotion of real estate and entertainment investments, which supports the quality of life and raises the attractiveness of the city for residents and visitors.<\/p>\n\n\n\n

Last Sunday evening, His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, inaugurated the \u00abBayfront\u00bb destination, which aims to transform public spaces into a vibrant destination that combines entertainment, hospitality and marine activities, as part of efforts to humanize cities, develop waterfronts and provide diverse options for residents and visitors.<\/p>\n\n\n\n

His Highness stressed that developing tourist and entertainment destinations contributes to diversifying the available options, supporting economic and tourism activity, and enhancing the quality of life in the cities of the Eastern Province, taking advantage of the natural resources and geographical location of the region on the Arabian Gulf.<\/p>\n\n\n\n

For his part, the Secretary of the Eastern Province, Engineer Fahd bin Mohammed Al-Jubair, explained that \u00abBayfront\u00bb offers an integrated experience that combines entertainment, tourism, hospitality and marine activities, noting the Secretariat\u2019s keenness to develop its municipal assets in partnership with the private sector, which contributes to attracting quality investments and creating destinations that meet the aspirations of residents and visitors.<\/p>\n\n\n\n

The project is owned by Al-Muhaidib Group and developed by Ajdan Real Estate Development Company, with support and facilitation from the Eastern Province Municipality and the Tourism Development Fund. The destination stretches for one kilometer along the Arabian Gulf and includes four zones featuring restaurants and cafes overlooking the sea, a sandy beach, pedestrian walkways, open spaces, and various recreational facilities.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Essam Al-Muhaidib, CEO of Al-Muhaidib Group, explained that the project takes into account the nature of its coastal location through a design based on open spaces and natural elements, and provides multiple facilities that allow visitors to enjoy diverse experiences on the waterfront, which enhances the appeal of Al-Khobar as a tourist and entertainment destination.<\/p>\n\n\n\n

\u00abDowntown Al Khobar: An urban project with more than 4,000 residential units<\/strong><\/p>\n\n\n\n

In a related context, Prince Saud bin Nayef bin Abdulaziz sponsored the launch of the \u00abDowntown Khobar\u00bb project, belonging to \u00abDowntown Saudi Arabia\u00bb, one of the companies of the Public Investment Fund, with the aim of developing an integrated urban destination that combines housing, work, shopping and entertainment on the waterfront of the governorate.<\/p>\n\n\n\n

The Governor of the Eastern Province affirmed that the development and investment projects taking place in the region are an extension of the leadership\u2019s interest in comprehensive development, urban development, and economic diversification, stressing the importance of investing in local resources and developing investment opportunities in a way that supports the local economy and meets the aspirations of the population.<\/p>\n\n\n\n

The CEO of Downtown Saudi Arabia, Engineer Fahd Al-Hammad, revealed that the project extends over an area of more than 829,000 square meters, and includes more than 4,000 residential units, and more than 500 hotel rooms, in addition to large office, commercial and entertainment spaces.<\/p>\n\n\n\n

The project's office spaces exceed 40,000 square meters, while the spaces allocated for shopping, restaurants and cafes exceed 139,000 square meters, in addition to more than 103,000 square meters of green spaces and public gardens, which supports the creation of an integrated urban environment that combines residential, commercial and recreational activities.<\/p>\n\n\n\n

Al-Hammad pointed out that the project provides opportunities for growth and investment partnerships, and supports the tourism, hospitality and retail sectors, in addition to providing direct and indirect job opportunities, which enhances sustainable economic development in the Eastern Province.<\/p>\n\n\n\n

He added that \u00abDowntown Al Khobar\u00bb represents a step towards developing an urban destination that reflects the city\u2019s identity and keeps pace with its future aspirations, within the framework of the efforts of \u00abDowntown Saudi Arabia\u00bb to take advantage of the competitive advantages of the Kingdom\u2019s regions and turn them into investment opportunities that enhance their economic attractiveness.<\/p>\n\n\n\n

Waterfront development supports quality of life and investment.<\/strong><\/p>\n\n\n\n

The opening of Bayfront and the launch of Downtown Al Khobar reveal a trend towards developing Al Khobar's waterfront through projects ranging from entertainment destinations and tourist facilities to integrated urban complexes. This also highlights the role of partnerships between government entities and the private sector in developing municipal assets and attracting investments, thereby expanding the options available to residents and visitors and supporting economic activities related to tourism, hospitality, and commerce.<\/p>\n\n\n\n

Both projects combine improving the urban landscape and taking advantage of the city\u2019s coastal location, but with different characteristics; \u00abBayfront\u00bb focuses on marine and recreational activities, while \u00abDowntown Al Khobar\u00bb aims to create a multi-use destination that includes housing, offices, hotels, shopping and green spaces.<\/p>\n\n\n\n

At the conclusion of the launch ceremony of \u00abDowntown Al Khobar\u00bb, the Governor of the Eastern Province honored the supporting entities, in the presence of Prince Saud bin Bandar bin Abdulaziz, Deputy Governor of the Eastern Province, and Engineer Ibrahim Mohammed Al Sultan, Chairman of the Board of Directors of \u00abDowntown Saudi Arabia\u00bb.<\/p>\n\n\n\n

Read also:<\/strong><\/p>\n\n\n\n

\u00abAl-Murabba\u00bb Al-Jadid\" Signs a 1 Billion Riyal Investment Partnership to Develop a Hospital in Downtown Riyadh<\/strong><\/a><\/p>\n\n\n\n

Tourism Fund signs MoU to develop Riyadh's newest International Downtown<\/strong><\/a><\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 3<\/span> Minutes<\/span><\/span>The opening of \u00abBayfront\u00bb and the launch of \u00abDowntown Al Khobar\u00bb will boost tourism, real estate investment, entertainment and quality of life on the waterfront.<\/p>","protected":false},"author":27,"featured_media":112329,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"\u0627\u0644\u062e\u0628\u0631 \u062a\u0639\u0632\u0632 \u062c\u0627\u0630\u0628\u064a\u062a\u0647\u0627 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a\u0629 \u0628\u0648\u062c\u0647\u062a\u064a\u0646 \u062c\u062f\u064a\u062f\u062a\u064a\u0646 \u0639\u0644\u0649 \u0627\u0644\u0648\u0627\u062c\u0647\u0629 \u0627\u0644\u0628\u062d\u0631\u064a\u0629","_seopress_titles_desc":"\u0627\u0641\u062a\u062a\u0627\u062d \u00ab\u0628\u0627\u064a \u0641\u0631\u0648\u0646\u062a\u00bb \u0648\u0625\u0637\u0644\u0627\u0642 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