ROSHN Phases Timeline

The Public Investment Fund's announcement of a national real estate development company called ROSHN Real Estate.

The announcement of the first residential neighborhood in the south of King Khalid International Airport in Riyadh, with an area of 20 million m, with up to thirty thousand housing units, in addition to signing the contracts of the first phase valued at SAR1.6 billion.

The establishment of a partnership with Shapoorji Pallonji and Siemens to build three thousand housing units in the first phase of the first neighborhood in Riyadh.

Launching SEDRA as the first integrated neighborhood developed by ROSHN Real Estate in Riyadh with a Salmani architectural style. The name is derived from the Sidr plant (Ziziphus spina-christi) which is largely spread on its land, and reflects endurance, a concept that is consistent with the project's goals.

A Memorandum of Understanding was signed between the Ministry of Communications and Information Technology and ROSHN Real Estate Company.

A Memorandum of Understanding was signed between the Real Estate General Authority and ROSHN Real Estate Company.

A partnership was established with Retal Urban Development Company to build 103 housing units in the first phase of the SEDRA project.

The launch of al-Arous project, the first integrated neighborhood in the north of Jeddah, with an area of 4 million m2, and eighteen thousand housing units.