Al-Arid district residential project (8,800 m² plot) – development and construction-supervision agreement
أساس مكين – اتفاقية تطوير مشروع سكني في حي العارض بالرياض بتكلفة 55.6 مليون ريال
Residential building contractors and finishing/MEP subcontractors in Riyadh can approach Asas Makeen, which is developing a SAR 55.6M housing project in Al-Arid over 10 months.
| Type | Contract award |
|---|---|
| Status | Contract awarded – subcontracting open |
| Country | Saudi Arabia · Riyadh |
| Client / owner | In Building Company (landowner) |
| Awarded to | Asas Makeen for Real Estate Development and Investment |
| Value | SAR 55.6M |
| Announced | 26 Oct 2026 |
| Project type | Residential towers & apartments |
Trades and packages needed
- Concrete works (in-situ) (main package)
- Masonry & blockwork (main package)
- Rebar cutting, bending & fixing
- Plastering & gypsum works
- Flooring, tiling & stone
- Plumbing & sanitary
- Electrical installation (LV)
- HVAC & ventilation
- Project management & construction supervision
- Ready-mix concrete, cement & aggregates
What to do
The contract has been awarded. The winner will now buy materials and subcontract packages – contact their procurement team.