Rawajeh Development, a subsidiary of Rawajeh Group, announced that it will develop a residential tower in Zone Two of Masar Destination, comprising around 250 residential units, with a total investment estimated at nearly SAR 500 million. The announcement follows the signing of a land purchase agreement between Rawajeh Group and Umm Al Qura for Development and Construction, the owner, developer, and operator of Masar Destination.

The assignment of the project to Rawajeh Development reaffirms its role as the Group’s development arm, with full responsibility for delivering the project end to end — from design through to handover — reflecting its expertise in developing distinctive residential projects.

This step comes as part of the Group’s strategy to expand its real estate investment portfolio, and Rawajeh Development’s commitment to meeting the growing demand for high-quality residential units in Makkah and supporting the development momentum the Holy City is witnessing. The project will contribute to enriching the urban landscape and providing modern housing options within a fully integrated environment, in line with the goals of Saudi Vision 2030.

The (Masar Rawajeh) project marks a distinctive addition to Rawajeh Development’s portfolio. It is located within Masar Destination, one of the most prominent urban projects in Makkah — an integrated, modern destination combining residential, hospitality, retail, and services, supported by advanced infrastructure and modern facilities. The destination enhances quality of life and reinforces Makkah’s standing as a global destination for residents, visitors, and investors.