ROSHN’s Landmark Development SEDRA Welcomes First Residents

  • A national real estate developer is marking a historic milestone as it hands customers the keys to their new homes. ahead of schedule – becoming the first Saudi giga-project to implement
  • SEDRA brings the north to life Riyadh with more than 30,000 homes in neighborhoods full of amenities and attractive public spaces
  • ROSHN’s vision for a new way of life is realized across the Kingdom and supports Vision 2030’s goal of increasing Saudi home ownership to 70%.

Riyadh, Saudi Arabia, November 21, 2022 /PRNewswire/ — Bringing a new, sustainable lifestyle to the Kingdom, national real estate developer ROSHN has begun the handover process ahead of schedule at its landmark development in the north, SEDRA. Riyadh. New homeowners receive keys and title deeds to villas and townhouses located in SEDRA Phase 1, making them the first customers to own properties in the ROSHN community.

“The handover of the first ROSHN house is a significant event not only for ROSHN, but for the Kingdom as a whole. While this marks another step in our journey to provide the Saudi people with high-quality homes, we are also driving change, creating a new concept of living and enhancing the quality of life for our citizens and residents. SEDRA will be the first project to see our vision for the future become a reality on the ground, and I’m excited for our first residents to experience the ROSHN lifestyle.” The CEO of the group said David Grover.”

ROSHN facilitates the shipping process for its customers by providing dedicated consultants who act as a single point of contact before, during and after delivery. New residents also have access to the ROSHN Contact Center, which can answer customer inquiries on a wide range of issues, from visitor access to take advantage of special offers provided by ROSHN’s partners.

SEDRA is ROSHN’s first project in the Kingdom and is being developed in eight phases of Riyadh vibrant northern corridor. The start of the handover process in the first phase makes it the first Saudi giga-project to deliver to customers. Upon completion, it will add more than 30,000 residential units to the capital’s housing stock and 20M sq.m consists of integrated neighborhoods supported by educational and healthcare infrastructure, retail outlets, restaurants, parks, shaded walkways, bike paths and carefully tended green spaces.

ROSHN is bringing its vision to the Kingdom’s west coast: ALAROUS, announced in May this year, will add more than 18,000 new homes to the north. Jeddah housing stock. It has the same winning amenities as SEDRA, including an “open living” design principle built around public spaces, green spaces, communal facilities such as the local council and “residential” streets characterized by pavementless roads and houses without perimeter walls. .

About ROSHN:

ROSHN is a national real estate developer of Saudi Arabia State Investment Fund (PIF). It is mandated to provide Saudis with high quality living standards and support the government’s efforts to increase the home ownership rate. ROSHN builds communities that address both Saudi heritage and the evolving aspirations of the Saudi people, acting as a master developer, property developer and operator across a wide range of asset classes and land uses, including residential, retail, commercial, hospitality and public sectors. civil facilities.

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