IssuerAnnouncementDetailsV2Portlet
Hamad Mohammed Bin Saedan Real Estate Company announces the award of the Dar Hamad 3 project for the construction of residential units in the Dahiat Namar neighborhood to Raya Al Omran Company (Single-Person Company).
| Element List | Explanation |
|---|---|
| Introduction | Hamad Mohammed Bin Saedan Real Estate Company announces the award of the contract for the Dar Hamad 3 Residential Units Project in Namar Suburb to Raya Al Omran One Person Company. The contract includes the construction of 32 residential units, with a total contract value of SAR 13,760,000 (inclusive of Value Added Tax (VAT). |
| Date of the Award | 2026-07-21 Corresponding to 1448-02-07 |
| Counterparty | Raya Al Omran One Person Company |
| Contract Value | The total contract value amounts to of SAR 13,760,000 (inclusive of Value Added Tax (VAT). |
| Expected Date for Signing the Contract | 2026-08-13 Corresponding to 1448-02-30 |
| Contract Details | Dar Hammad 3 is a residential development within the portfolio of Hammad Mohammed Bin Saedan Real Estate Company. The project spans 9,600 sqm and features 32 modern residential units designed to combine quality, privacy, and efficient use of space. It is thoughtfully planned to meet the needs of a wide range of homebuyers while reflecting the company's vision of developing sustainable residential communities in promising locations. |
| Related Parties | There is no relation |
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