{"id":82795,"date":"2025-11-20T13:45:25","date_gmt":"2025-11-20T11:45:25","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=82795"},"modified":"2025-11-20T13:47:45","modified_gmt":"2025-11-20T11:47:45","slug":"al-khomasiah-group-to-develop-two-residential-towers-in-masar-destination-in-makkah-worth-sar-1-billion","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2025\/11\/20\/al-khomasiah-group-to-develop-two-residential-towers-in-masar-destination-in-makkah-worth-sar-1-billion\/","title":{"rendered":"In Collaboration with Umm Al Qura and BLMEAl Khomasiah Group to Develop Two Residential Towers in Masar Destination in Makkah Worth SAR 1 Billion"},"content":{"rendered":"\n<p class=\"has-large-font-size\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/11\/WhatsApp-Image-2025-11-20-at-13.25.45-1024x682.jpeg?v=1763638603\" alt=\"\" class=\"wp-image-82796\" srcset=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/11\/WhatsApp-Image-2025-11-20-at-13.25.45-1024x682.jpeg?v=1763638603 1024w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/11\/WhatsApp-Image-2025-11-20-at-13.25.45-300x200.jpeg?v=1763638603 300w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/11\/WhatsApp-Image-2025-11-20-at-13.25.45-768x512.jpeg?v=1763638603 768w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/11\/WhatsApp-Image-2025-11-20-at-13.25.45-1536x1023.jpeg?v=1763638603 1536w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/11\/WhatsApp-Image-2025-11-20-at-13.25.45.jpeg?v=1763638603 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n[<strong>Riyadh, Kingdom of Saudi Arabia<\/strong>, <strong>20 November 2025]<\/strong>\u2013 <strong>Al Khomasiah Group <\/strong>announced the signing of a strategic agreement with Umm Al Qura for Development and Construction and BLME to develop two residential towers in Masar destination in Makkah, with investments exceeding one billion Saudi riyals. The announcement was made during Cityscape Global 2025 in Riyadh, in a step that reflects Al Khomasiah\u2019s expansion in high-quality urban development projects in Makkah and Madinah.<\/p>\n\n\n\n<p><strong>The project comprises 547 residential units i<\/strong>n the third zone of Masar destination, a zone distinguished by its proximity to the shopping mall and the Haramain High-Speed Railway station. The units are designed in a contemporary style that balances construction quality and layout flexibility, making the project a suitable option for the growing demand for modern housing in Makkah.<\/p>\n\n\n\n<p>Under the agreement<strong>, Al Khomasiah Real Estate<\/strong> Development will undertake the development of the project, reflecting the Group\u2019s aspirations to expand its portfolio of high-quality real estate assets within the Kingdom.<\/p>\n\n\n\n<p>Commenting on the agreement, <strong>Mr. Ammar Baroum, Chief Executive Officer of Al Khomasiah Group, <\/strong>said: \u201cMasar adds to our ongoing development initiatives in Makkah and Madinah, highlighting the trust our partners place in Al Khomasiah to deliver well-designed, high-quality projects for residents and investors.\u201d<\/p>\n\n\n\n<p><strong>Baroum added:<\/strong> \u201cThis partnership supports Al Khomasiah\u2019s presence in the real estate sector through projects that enhance the urban environment in Makkah and Madinah, while also strengthening investment returns. The Group continues to implement expansion plans that deliver more integrated and sustainable projects in line with urban development requirements in the Kingdom.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Riyadh, Kingdom of Saudi Arabia, 20 November 2025]\u2013 Al Khomasiah Group announced the signing of a strategic agreement with Umm Al Qura for Development and Construction and BLME to develop two residential towers in Masar destination in Makkah, with investments exceeding one billion Saudi riyals. The announcement was made during Cityscape Global 2025 in Riyadh, &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3469,2482,1085],"class_list":["post-82795","post","type-post","status-publish","format-standard","hentry","category-news","tag-global","tag-project","tag-riyadh"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In Collaboration with Umm Al Qura and BLMEAl Khomasiah Group to Develop Two Residential Towers in Masar Destination in Makkah Worth SAR 1 Billion - Gulf Tech News<\/title>\n<meta name=\"description\" content=\"Al Khomasiah Group to Develop Two Residential Towers in Masar Destination in Makkah Worth SAR 1 Billion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2025\/11\/20\/al-khomasiah-group-to-develop-two-residential-towers-in-masar-destination-in-makkah-worth-sar-1-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In Collaboration with Umm Al Qura and BLMEAl Khomasiah Group to Develop Two Residential Towers in Masar Destination in Makkah Worth SAR 1 Billion - 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