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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).

9648
HAMAD BIN SAEDAN REAL ESTATE
1.97 %
1448/02/07     21/07/2026 15:45:12

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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

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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