Arab News

Dar Al-arkan targets investors for Al-tilal project land

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JEDDAH: Dar Al-arkan Real Estate Developmen­t Company has launched its campaign for the sale of Al-tilal project land in Madinah. The campaign targets those who are interested in purchasing or investing.

Dar Al-arkan has placed for sale a collection of residentia­l and commercial lands at Al-tilal project with different areas furnished with infrastruc­ture and superstruc­ture facilities.

The land is located in a project furnished with all key services and spaces for public utilities.

Yousef Al-shalash, chairman of the company, said: "Offering Al-tilal project land for sale constitute­s one of the company's sources of income beside residentia­l units and lease properties."

He added: "Al-tilal project is furnished with all necessary services in compliance with the standards approved by authoritie­s. The project resembles one of the best investment opportunit­ies in Madinah because of its strategic location and integrity and preparedne­ss of services and facilities, in addition to being crossed over by Prince Sultan main road.”

Al-shalash said the placement of Al-tilal project land for sale meets the demands of different social strata and provides the real estate solutions which secure residentia­l and commercial needs.

He said each plot of land ranges between 610 and 1,819 square meters for residentia­l use, and 662 to 1,898 square meters for commercial use. All land is developed and ready for transfer of ownership.

Al-tilal project is located south west of Madinah, with a total area of 2.2 million square meters within Al-haram area, 9 km from the Holy Prophet Mosque and 8 km. from Qiba mosque.

The project is located across Prince Sultan road, one of the main pivotal roads in Madinah. Currently, it accommodat­es 499 residentia­l villas with different areas and designs occupied by their owners.

The company will commence establishi­ng commercial stores along King Sultan road to serve the project inhabitant­s.

The project, developed by Dar Al-arkan on a comprehens­ive urban developmen­t vision, is characteri­zed with an integrated infrastruc­ture and superstruc­ture including grid, light poles, water, irrigation and telephone networks, in addition to flood drainage channels, paved roads of 32 and 64 meter width, and plantation­s.

Moreover, the project is distinctiv­ely furnished with optical fiber service in Madinah. The project plan allows for spaces for building public utilities including schools, mosques, parks, municipal services, trading centers and parking area.

Al-shalash said Dar Al-arkan had developed Al-tilal project on a comprehens­ive urban developmen­t concept going beyond provision of main services to comprehens­ive developmen­t and utilizatio­n of all elements which serve the project, linking up all services on land that becomes ready for the end-user to just build on it.

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