A Guide to Al Khobar Beautiful Saudi Arabia

Any visit to Saudi Arabia must include a stop at one of it’s most beautiful cities, Al Khobar

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The sun soaked sparkling city of Al Khobar is one of the most beautiful destinations in Saudi Arabia.&nbsp; Surrounded by a glistening coastline, this modern urban oasis is rich in culture and adventure, offering a superb location for residents, tourists and visitors from the Middle East and beyond.&nbsp; 
 
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What Makes Al Khobar Stand Out 
This vibrant city in the eastern province of Saudi Arabia has the ideal blend of old and new, as well as the added benefit of a gorgeous coastline with breath-taking views.&nbsp; Because of its unique offering in terms of natural vista and contemporary design, the city is fast-becoming one of the most in-demand for international investors, residents and visitors.&nbsp; This transition is having a significant impact on the local and regional economy, providing ample opportunities for savvy investors to take advantage of the growing real estate market with its commercial, hospitality and residential development projects.&nbsp;&nbsp;&nbsp; 
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Top Hotspots in Al Khobar 
Here are some of the top places that definitely should be on your must-see list during any visit to Al Khobar.&nbsp; 
The Corniche Promenade: Overlooking the Arabian Gulf, this seaside promenade is a stunning waterfront attraction with plenty of room for jogging, cycling or walking with friends.&nbsp; The vista is incredible and there are numerous cafes and restaurants to rest a while and enjoy some delicious Middle Eastern treats.&nbsp; You can also use the promenade as a viewing platform for the city’s famous Water Tower, a towering white vision on its own man-made island.&nbsp; 
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The Golden Belt Walk:&nbsp; Continuing with our theme of a beautiful stroll, it is well worth checking out the idyllic Golden Belt Walk in the centre of Al Khobar.&nbsp; A linear style park-inspired stretch that sits along King Salman Bin Abdulaziz Road, this stunning area faces the waterfront and is made up of well-manicured grassy spots, palm trees and serene water features.&nbsp; 
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Desert Designs: If shopping is on your Al Khobar bucket list, then you won’t want to miss Desert Designs on King Abdullah Street.&nbsp; It is a well-known family-owned retail outlet that stocks handpicked traditional Islamic products, ranging from tribal Bedouin arts to contemporary artistry.&nbsp; There is even a gallery to browse and a café to sample gourmet teas and coffees.&nbsp; 
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Sultan Bin Abdulaziz Science &amp; Technology Center (SciTech): This innovative destination was originally designed to promote cultural and scientific awareness amongst the younger generations in Al Khobar and Saudi Arabia.&nbsp; Today, in addition to its many education programmes and initiatives, it is one of the city’s, and the region’s, most popular tourist destinations.&nbsp; The venue also encompasses seven main exhibition halls, an IMAX scientific dome, a conference room, educational unit and an astronomical observatory.&nbsp; 
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If you would like to find out more about Al Khobar tourism, Al Khobar investment opportunities, KSA mega projects, luxury property in Saudi Arabia or other real estate investment opportunities, get in touch with one of our consultants at Saudi Arabia Sotheby’s International Realty today. 
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The sun soaked sparkling city of Al Khobar is one of the most beautiful destinations in Saudi Arabia.&nbsp; Surrounded by a glistening coastline, this modern urban oasis is rich in culture and adventure, offering a superb location for residents, tourists and visitors from the Middle East and beyond.&nbsp;

The Saudi Harbor project stands as the pioneering marine tourism platform worldwide.

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Saudi Arabia is dedicated to creating tourism and entertainment experiences that match the goals of Future Vision 2030. We aim to position Saudi Arabia as a top tourist destination globally. In introducing these projects, we prioritise sustainability and the use of environmentally friendly renewable energy sources.

The Offshore Harbor project is an exceptional entertainment destination. It's set to be the world's first offshore platform solely for tourism, blending old and new oil platforms. This underscores Saudi Arabia's deep-rooted reliance on its oil, gas, and natural resources sector.
The project is situated 40 kilometres from the eastern coast of Saudi Arabia, near Al-Jarid Island and the Beri oil field in the Arabian Gulf. It spans an area of about 300 thousand square metres and offers exceptional experiences for adventure and excitement enthusiasts. The project also aligns with the future vision of &nbsp;Saudi Arabia, which aims to develop the tourism sector and create new job opportunities.
The Harbor project is planned to include three hotels with a total of 800 rooms, 11 restaurants (including some underwater ones), airstrips, an international marina, and various other facilities. It's expected to attract about 900,000 visitors annually by 2032.
The Oil Park Development Company, a subsidiary of the Public Investment Fund, will oversee the project's development. Visitors can anticipate over 70 entertainment activities, including daring experiences like bungee jumping from great heights, a private diving centre, a recreational water park, an electronic sports centre, an interactive theatre, and a multi-course arena. Additionally, there will be a giant climbing wall, water skiing, and various other activities on offer.
The Harbor project is accessible from departure stations in Dammam and Jubail, with various transportation options including fast ferries, helicopters, and seaplanes. Additionally, the project will offer designated areas for tourist cruise ships to dock.
The project supports the vision and efforts made to achieve the greatest degree of sustainability and the utilisation of environmentally friendly resources, particularly water resources. Therefore, the developing company has signed several agreements with the National Centre for Wildlife Development to achieve sustainability and environmental protection in the project area. This includes the potential development of environmental activities related to marine organisms and working to exchange experiences and research related to that.{{ include_custom_fonts({"__BentonSans_2d01b9":["Light","Regular"]}) }}

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Saudi Arabia is dedicated to creating tourism and entertainment experiences that match the goals of Future Vision 2030. We aim to position Saudi Arabia as a top tourist destination globally. In introducing these projects, we prioritise sustainability and the use of environmentally friendly renewable energy sources.

King Salman Park

Destined to be a verdant haven of serene nature, King Salman Park is being developed into Riyadh’s green lung.  It will be a fully accessible, vibrant habitat that inspires visitors and residents to imagine, innovate, create and collaborate to reach for their dreams and explore a whole new world of opportunities.  As one of the Kingdom’s most exciting eco-friendly and nature-centred development projects, King Salman Park has a unique range of features that will appeal to tourists, residents and investors from around the world.  At Saudi Arabia Sotheby’s International Realty, we look forward to helping you explore behind the scenes of this megaproject oasis.

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An Overview 
 
The Park will span over 16 sq. km. and is designed to foster an environment of bold colour that plays host to an array of arts, culture, sports, entertainment and innovation, all in harmony with its nature-rich surroundings.&nbsp; Like many of the other mega projects currently under construction across Saudi Arabia, and in line with part of the goals of Vision 2030, King Salman Park will also be a destination that promotes ‘Saudi productivity, creativity and innovation for future generations’.&nbsp; 
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The project’s key objectives beyond acting as Riyadh’s green lung and inspiring the youth of tomorrow is to enrich the social setting of the city and unite communities as well as provide an accessible location that will increase public participation in sports and athletic activities, thereby enhancing the wellness and health of the surrounding population.&nbsp; The projected final Park will also include a series of sub projects – the Royal Arts Complex, the Visitors Pavilion, a Golf Course, Sports Facilities and an Equestrian Center.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
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Investment Details&nbsp; 
When evaluating the returns potential of any investment into a mega project like King Salman Park, it is important to look at the detail of the project and what elements will shape its performance and productivity.&nbsp; In the case of King Salman Park, the numbers to know regarding this development project are….&nbsp; 
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 <li style="text-align: left;">A site area of over 16 square kilometres</li> 
 <li style="text-align: left;">15,000 residential units&nbsp;</li> 
 <li style="text-align: left;">2,225 hotel rooms</li> 
 <li style="text-align: left;">6 museums</li> 
 <li style="text-align: left;">20 sports courts&nbsp;</li> 
 <li style="text-align: left;">11.6 square kilometres of greenery&nbsp;</li> 
 <li style="text-align: left;">250 square kilometres of retail space&nbsp;</li> 
 <li style="text-align: left;">390 square kilometres of office space&nbsp;</li> 
 <li style="text-align: left;">A 30 minute drive for 75% of Riyadh residents&nbsp; </li> 
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As one of the world’s largest urban parks, King Salman Park is all set to begin breaking records and shaping the way we see city engagement with nature.&nbsp; It will breath new life and a refreshing spirit in to the communities of Riyadh, providing a tranquil sanctuary and healthy habitat for visitors, tourists and residents, not to mention a wide variety of opportunities for luxury property real estate investors.&nbsp;&nbsp; 
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If you would like to find out more about King Salman Park, luxury property in Riyadh or other real estate investment opportunities, get in touch with one of our consultants at Saudi Arabia Sotheby’s International Realty today. 
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An Overview

Improved growth for the real estate investment in Saudi Arabia

Saudi Arabia is one of the most attractive countries in the Middle East for foreign investors and this is largely due to its booming real estate sector. In

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Saudi Arabia is one of the most attractive countries in the Middle East for foreign investors and this is largely due to its booming real estate sector. Investment in property is the second biggest contributor to the country’s GDP - it currently contributes around 7% of the country’s GDP – a figure officials hope to increase to 10% by 2030. 
 
The future vision 2030 pledge, which was announced in 2016, is seeking to increase diversification of Saudi Arabia economically, socially and culturally. One of the key sectors that will help achieve this goal is real estate; by providing support that will attract investments both locally and internationally. One of the ways this will be achieved is by lifting restrictions on foreign ownership of real estate, the result of this will be an influx of international companies and individuals investing in major Saudi cities. 
The Kingdom's recent decision to move the regional headquarters of major companies to Saudi Arabia has enabled the luxury real estate market to flourish further. It provided more investment opportunities across the spectrum of potential investments including both private residences as well as commercial spaces and land that can be developed in the future. 
The real estate market in the Kingdom of Saudi Arabia is expected to see an annual growth rate of 7.89%, from $64.43billion USD in 2023 to $94.19billion USD, by 2028 and this is largely thanks to the initiatives in The future vision 2030 pledge. The recent focus on sustainability and renewable energy solutions in Saudi Arabia has peaked international interest in investment opportunities further. The bold, innovative and pioneering NEOM project gives a small sample of the level of economic advancement the region is expected to see in the coming years. 
All these extremely positive trends exemplify the Saudi real estate market is going to prosper greatly over the next decade which will continue to attract investors, which will in turn, benefit the whole region. 
 
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Saudi Arabia is one of the most attractive countries in the Middle East for foreign investors and this is largely due to its booming real estate sector. Investment in property is the second biggest contributor to the country’s GDP - it currently contributes around 7% of the country’s GDP – a figure officials hope to increase to 10% by 2030.

The Best Luxury Residences in Saudi Arabia

Learn about The best luxury residences in Saudi Arabia

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The Kingdom of Saudi Arabia is one of the most exciting destinations in the region for luxury property, offering a variety of options in key Saudi cities. These include single-family homes and homes in private residential neighbourhoods that benefit from the highest design standards and access to high-quality facilities and services. 
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The capital, Riyadh, is a vital commercial and economic centre that has an abundance of opportunities for investment and employment. The city has plenty of residential options to cater to its increasingly diverse inhabitants, including high-rise apartment towers and gated villa communities. 
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Among the most luxurious offerings in Riyadh, there is the neighbourhood of Sulaymaniyah, which contains some of the city’s most expensive homes for sale and for rent. It is characterised by its premium amenities, a great selection of hotels and restaurants, and fantastic educational, health and entertainment options. 
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Al-Malaz district, which is sometimes referred to as ‘New Riyadh’, is a neighborhood of villas that feature exceptional design, set amidst streets with a distinctive and spacious layout. The most prominent addresses are the 60th and University Streets and Dhahran, known for their tranquil environment and for having an overall air of sophistication. 
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Looking further into the heart of Riyadh, we have Olaya, which is classified as one of the largest and most important residential neighborhoods in the city, and is highly sought-after by the most distinguished homebuyers and investors. It includes some of the finest villas in the city and is in close proximity to key landmarks in Riyadh. Al Sahab is another key area, whose importance comes from its proximity to government institutions and other vital urban centres. 
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Jeddah, the second largest city in the Kingdom, is distinguished by its view of the Red Sea and features some fantastic waterfront residential options. The most significant is Al Khalidiyah in northwest Jeddah, which is bordered by King Abdul Aziz Road and includes a great variety of residential options as well a large number of commercial offices and essential services. 
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Al Rawdah, which adjoins Al Khalidiyah, includes a selection of high-end homes and villas that are popular amongst affluent residents. It is also the site of many hotels, restaurants, commercial centers, service and entertainment facilities. Its distinguished location on the city's Corniche is a highlight of the neighbourhood that makes it highly desirable. 
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Further east, there are several high-end housing options in the city of Dammam, which overlooks the Arabian Gulf. It is unofficially considered to be the eastern capital of the Kingdom and has several prime neighbourhoods such as Al Shati, which is the finest and most expensive area in the city due to its distinguished location that extends about 3 kilometers into the sea. It is an important hub for real estate investment in Dammam, and overlooks the bustling King Abdul Aziz Port. 
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Al Faisaliah is another prominent and prestigious neighbourhood in Dammam that is characterised by its clusters of residential villas. 
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The geographical diversity of the Kingdom of Saudi Arabia, in addition to its investment initiatives and growing commercial activity, has helped transform Saudi Arabia into one of the most important residential and real estate investment destinations in the Middle East. This has resulted in a growing availability of high-end housing options within a competitive environment that are aimed at attracting large numbers of new residents over the short to medium term. 
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The Kingdom of Saudi Arabia is one of the most exciting destinations in the region for luxury property, offering a variety of options in key Saudi cities. These include single-family homes and homes in private residential neighbourhoods that benefit from the highest design standards and access to high-quality facilities and services. 
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The New Home of Entertainment

Intended to be an internationally disruptive destination, Qiddiya will make a giant splash on the world stage as the new capital of entertainment, sports and the arts. This epic entertainment and tourism megaproject spans over 334 sq. km. and is currently valued at $8 billion. It will be a self-sustaining catalyst for economic stimulation, ensuring that it will appeal heavily to local, regional and international investors, especially with the range of unique hospitality and residential opportunities available.

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Qiddiya: An Overview

Qiddiya will offer guests and visitors the most innovative and immersive experiences across five cornerstones - Sports and Wellness, Nature and Environment, Parks and Attractions, Motion and Mobility and Arts and Culture and five development nodes – Resort Core, Qiddiya Village, Motion Zone, Eco Zone and Golf Community. It will include “family-friendly theme parks, sports arenas suitable for international competitions, academies for sports and the arts, concert and entertainment venues, racetracks for motorsport enthusiasts as well as outdoor and adventure activities alongside nature and environment experiences”. Understandably, this thriving and vibrant community will also include a vast range of real estate options from luxury apartments to five-star hotels to VIP branded residences.
<h3>Empowering New Generations</h3>
Qiddiya will ultimately be a place that unlocks new opportunities, opens new professional pathways and fosters the youth of Saudi Arabia to pursue their dreams in a more prosperous and progressive society. The story of Qiddiya begins with a simple village that lay along one of the trade and pilgrimage routes that intersected the Arabian Peninsula. Today, this modern incantation of Qiddiya, announced in 2017, will draw heavily from its rich Saudi heritage whilst forging a new future in modern innovation for Riyadh and the surrounding communities. The Qiddiya Project will support several goals of the nation’s Vision 2030 including “driving economic diversification, job creation, fostering a start-up culture, driving youth and female empowerment and doubling household spending on domestic leisure and entertainment”.
<h3>Investment Opportunities</h3>
At the forefront of Qiddiya’s evolution is its numerous strategic investment opportunities. In line with Vision 2030, the project will significantly enhance Saudi Arabia’s positioning as a global tourist destination, which means that local, regional and international investors will be drawn to the possibilities for long-term growth and strong returns across a range of assets including hospitality units, residential accommodations, commercial outlets and more.
If you would like to find out more about Qiddiya and other real estate investment opportunities, get in touch with one of our consultants at Saudi Arabia Sotheby’s International Realty today.{{ include_custom_fonts({"__BentonSans_2d01b9":["Light","Regular"],"FreightBig":["Regular"]}) }}

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Qiddiya: An Overview

The technological reality in the Kingdom of Saudi Arabia and its role in the real estate market.

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Saudi Arabia is currently placing significant emphasis on the technological sector, particularly in line with its Vision 2030 initiative. This vision aims to bring about a comprehensive digital transformation across various aspects of society, aligning with the global trend of development, with a special focus on economic advancements. 
 
By endorsing the technological sector, Saudi Arabia strives to create an advanced digital society for its citizens and residents. This initiative aims to foster a more adaptable living environment, facilitated by advancements in various fields, with a special emphasis on e-government projects. The overall goal is to enhance efficiency and simplify transactions, ensuring a fast-paced and practical life for everyone. 
Given the role that technology plays in our lives today, and its important role in enhancing the reality of digital society and sustainability, the Kingdom aims to support technological industries within its territories by establishing a number of new factories that produce electronic parts for various uses, and this is what has been embodied on the ground by During Saudi Arabia’s signing of a number of agreements with major technology companies in the world. 
Artificial intelligence is considered a fundamental pillar as it is an important part of global technological development, which has prompted the Kingdom to take practical steps to enhance its role in various sectors such as education, health, energy and many other fields that contribute to improving decisions and making life more productive and accurate. 
The real estate sector has increasingly embraced technological advancements, with a notable reliance on artificial intelligence and modern technologies in building materials, decoration, and architectural construction. Emerging technologies include 3D construction technology, machine-assisted prefabricated construction, and the utilization of autonomous aircraft (drones) for construction and monitoring operations. These advancements reflect a commitment to integrating technology-driven techniques for enhanced efficiency and innovation within the industry. 
This reflects the remarkable development witnessed in the field of real estate investment, even through promotion and sale operations, as the means of searching, advertising, and purchasing real estate have become more advanced than they were previously, thus making the Saudi real estate market more vibrant and flexible, which increases growth opportunities and demand for real estate there. 
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Saudi Arabia is currently placing significant emphasis on the technological sector, particularly in line with its Vision 2030 initiative. This vision aims to bring about a comprehensive digital transformation across various aspects of society, aligning with the global trend of development, with a special focus on economic advancements.

Revitalising Historic Homes in Saudi Arabia

Traditional residences hold a special allure for locals in Saudi Arabia

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Acquiring and renovating historic homes in Saudi Arabia has emerged as a significant real estate investment trend in recent times, driven by various factors, with cost-efficiency and time considerations being at the forefront. Nowadays, Saudi residents actively seek out such properties in numerous regions across the country, embarking on projects to restore these houses to their former glory, often resulting in beautifully refurbished, vintage homes. 
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Traditionally, people sought out these types of houses primarily for stability rather than as investment opportunities. Key motivators included the soaring costs of land, steep wages for construction workers and engineering design firms, the exorbitant prices of construction materials, and the enduring appeal of the classic design of old houses among Saudis. Some even hold the belief that these older structures are more durable and constructed with superior materials compared to modern buildings. 
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Another contributing factor that has encouraged the shift towards these properties is the assistance offered by banks. They have started offering financial support and loans for the purchase and restoration of old homes, significantly boosting the demand for such properties when compared to the larger loans needed for modern buildings and residences. 
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Initially, the focus was primarily on limited purchases for personal housing and stability. However, it subsequently evolved into a form of investment, with numerous investors showing interest in acquiring old houses, refurbishing them, and reselling them at lucrative prices, thereby driving up demand and causing a recent surge in their market value. Nevertheless, old houses continue to be a favoured choice for many, especially within the capital city of Riyadh, where such properties remain readily available.{{ include_custom_fonts({"__BentonSans_2d01b9":["Light","Regular"]}) }}

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Acquiring and renovating historic homes in Saudi Arabia has emerged as a significant real estate investment trend in recent times, driven by various factors, with cost-efficiency and time considerations being at the forefront. Nowadays, Saudi residents actively seek out such properties in numerous regions across the country, embarking on projects to restore these houses to their former glory, often resulting in beautifully refurbished, vintage homes. 
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Aspects of life in the Kingdom of Saudi Arabia

Learn about Aspects of life in the Kingdom of Saudi Arabia

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The Kingdom of Saudi Arabia is considered to be one of the cornerstones of the Middle East, which has made it a magnet for global investors and job seekers, especially in recent years. The "Quality of Life" program, part of the Saudi Vision 2030 plan, supports this trend. The program is focused on improving the quality of life of the individual and the family by creating the necessary environment for the participation of citizens, residents and visitors in cultural, recreational, sports, tourism and many other activities. 
 
Saudi cities have also witnessed growth in the development of infrastructure, expanding on the provision of essential services such as water, electricity and public transportation as well as continued development of the Saudi road network. Large expanses of green space have been cultivated in cities with the aim of improving the quality of life, which has had a positive effect throughout the Kingdom. 
With regards to other services, the Kingdom of Saudi Arabia has adopted the same strategy for developing the healthcare sector, with the establishment of specialised hospitals and medical centres that service all parts of the country. 
The diversity of housing options is an important point of attraction, as Saudi cities offer residential units in a variety of options - apartments, townhouses and villas - with high design specifications. The largest and most significant residential communities are in the capital, Riyadh, where the government has launched projects such as the villas of Bawabat Al Sharq, apartments and townhouses in northern Riyadh’s Murcia, and several new additions in neighborhoods such as Al Yasmeen, Hittin, Al Rimal, and others. 
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In Jeddah, the second largest city in the Kingdom, the residential neighbourhoods have been divided amongst those that are in proximity to vital centres of infrastructure such as King Fahd Hospital and King Abdulaziz University in the north, the older neighbourhoods of central Jeddah, and the quieter areas of the south. 
For families seeking privacy, Dammam in the east of the Kingdom includes a diverse set of housing options that are, like those of Jeddah, also divided into three parts. The eastern neighborhoods of Dammam are linked to commercial and industrial activity due to the presence of the industrial zone and King Abdul Aziz Port, so it is more of a destination for those working in the industrial and commercial sectors. Central Dammam has the highest population density as it contains the city’s main commercial and tourist attractions, while western Dammam is more sparsely populated by comparison. 
There is a vast selection of housing options in all of the major cities within the Kingdom of Saudi Arabia, which provides excellent opportunities for everyone seeking a home to suit their lifestyle. The infrastructure to support these residential projects continues to grow, creating a high-quality living experience for individuals and families alike. 
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The Kingdom of Saudi Arabia is considered to be one of the cornerstones of the Middle East, which has made it a magnet for global investors and job seekers, especially in recent years. The "Quality of Life" program, part of the Saudi Vision 2030 plan, supports this trend. The program is focused on improving the quality of life of the individual and the family by creating the necessary environment for the participation of citizens, residents and visitors in cultural, recreational, sports, tourism and many other activities.

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