ROSHN achieves landmark sales, progress on ALAROUS

ALAROUS will ultimately deliver more than 18,000 homes, redefining modern living standards as Jeddah's first fully integrated community. RIGHT: Work in progress on site.

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ROSHN Group, Saudi Arabia's leading multi-asset developer and a Public Investment Fund (PIF) company, has announced a number of updates on its projects in Jeddah and Makkah, with progress being made across the board for its different community and mixed-use projects in the country's Western Region.

ALAROUS, ROSHN's first community project in Jeddah, encompasses approximately 4 million sq m across three phases and borders the group's iconic mixed-use MARAFY waterfront destination. The group has signed four land sale agreements within the large-scale integrated community in north Jeddah last month. Valued at a total of more than SAR448 million ($119 million), the agreements span more than 87,000 sq m earmarked for new residential and mixed-use developments.

The agreements were signed during Cityscape Global 2025 in Riyadh with four local developers. The first agreement, concluded with Miskan, is valued at SAR222.6 million and covers more than 40,500 sq m, while the second, signed with Arabian Dyar, is valued at SAR110.4 million and involves an area of over 27,400 sq m. Additional agreements with Abyatona and Sateaa Al Tameer are valued at SAR115.9 million and cover a total land area of approximately 19,300 sq m. Under the agreements, the companies will act as sub-developers delivering standalone residential projects within the ALAROUS masterplan.