Al-Ma'arifa City to develop Al-Multaqa Residence for 2.6B riyals

Al Madinah Knowledge Economic City Company has signed an agreement to develop the "Al-Multaqa Residence" project in Madinah, with a value reaching up to 2.6 billion riyals. The goal is to accelerate the development of the area and increase land returns. The project includes residential units, branded units, and commercial spaces on a land area of 149,520 square meters. It is planned to sell and purchase the units through a off-plan sales system. The project is expected to take 54 months to complete and involves significant investment that supports Saudi Arabia's Vision 2030 in the fields of tourism and urban development.

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