ledar Investment is implementing 470 residential units for the Dar Al-Qadisiyah Project in Tabuk, with a total value of 220 million Saudi riyals.

Ledar Investment is implementing 470 residential units for the Dar Al-Qadisiyah Project in Tabuk, with a total value of 220 million Saudi riyals.

Ledar Investment signed a contract with Radial Construction and Building Co. to execute 470 housing units worth 220 million riyals for the Dar Al-Qadisiyah Project, in partnership with NHC (National Housing Company).

The company explained that the project, located in North Tabuk, covers an area of 144,960 square meters, with a total built-up area of 121,787.22 square meters, and includes 470 villas distributed across three different designs.

Ledar stated that the project is expected to be completed within a record period not exceeding 24 months, emphasizing that it aligns with its strategy to provide affordable residential units with modern designs that meet the needs and aspirations of Saudi families, contributing to the realization of Saudi Vision 2030 goals in the housing sector — particularly raising the homeownership rate to 70%.

Ledar’s Chief Executive Officer, Ahmed Al-Suhaim, said:

“We at Ledar are proud to present the Dar Al-Qadisiyah project, which represents a qualitative addition to the real estate market in the Kingdom. Through this project, we aim to offer an exceptional living experience that combines luxury, comfort, and contemporary design.”

The signing ceremony was attended by Ledar Investment’s Chairman of the Board, Mr. Mohammed bin Abdullah Al-Othaim, Ledar’s CEO, Mr. Ahmed Al-Suhaim, and Radial’s CEO, Eng. Sultan Mohammed Al-Rabah.