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Projects Monitor 
Covering major construction projects in the Middle East
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 Updated: 17Feb12
 
Al Oula Development Company - Al Shamiyah
Also Known As : North Haram Project
Country : Saudi Arabia
Project Value : USD 9,300,000,000 Estimated
Sector : Real Estate | Mixed Development
Infrastructure | Roads
Consultants : Dar Al Handasah Shair and Partners (Design) |  Millenium Development (Technical advisor)
Profile Type :  Standalone Project
Delayed
Last Activity:
Design - Execution
Initial Completion: 2016
 
 
Owner : Al Oula Real Estate Development Holding CompanyAl Oula Real Estate Development Holding CompanyLoading... - Saudi Arabia
Developer : Shamiyah Real Estate Company
Location :
Makkah , Saudi Arabia
Contract Type : Construction
Facility Type : Mixed Development
Capacity : Built up area: 1.5 million sq. m. 
250,000 people
Background Al Oula Development CompanyAl Oula Development CompanyLoading... plans to build Al Shamiyah, a mixed development located north of Makkah.

The project will cover an area of 1.5 million sq.m and will include villas, hotels, residential apartments, commercial centers, markets, car parks, schools, police stations and medical facilities.

The project is divided to 6 areas. Each area raging from 1,200 sq. m. to 3,100 sq. m.

The project is part of the Government's plan to develop and rehabilitate the region surrounding the holy sanctuary of Makkah to meet the needs of its visitors.

Once completed, the project will accomodate 250,000 residents.

Millennium from Lebanon is the technical adviser.
Dar Al HandasahDar Al HandasahLoading... are the design consultants.
Latest Events In February 2012, the project was still facing delays and no expected date to resume work.

In 2016, the project is expected to be completed.
Previous Events In 2009, the project was delayed due to changes in the master plan.

In 2008, the master plan was finalized.

In June 2006, the project was announced.
Scope of Work Infrastructure work includes leveling, piling, excavation works, water and irrigation networks and electricity.

Construction of villas, hotels, residential apartments, commercial centers, markets, car parks, schools, police stations and medical facilities.
Financing Source Swicorp is the financial adviser.

Project Schedule

ScheduleContract Phase/PhaseDescription
Jun 2006 PlanningProject announced
2008 DesignMaster plan finalized
2009 ConstructionProject delayed
2016 CompletionProject expected to be completed
 
Al Oula Real Estate Development Holding Company
Owner 
Al Oula Tower, Dhahran Street, P.O. Box 3588, Al Khobar 31952, Saudi Arabia, Al Sharqiyah
Tel: +966 3-899-6999 | Fax: +966 3-889-5999 | Email: info@aloula.com | Website: http://www.aloula.com
  • Name: Yehia Bamahriz
    Position: Project Manager
 
Dar Al Handasah Shair and Partners
Consultant - Design
Olaya Al Mass Centre Building, King Fahd Road, Riyadh, P.O. Box 612, Riyadh 11421, Saudi Arabia
Tel: +966 1-201-3001 | Fax: +966 1-201-2827 | Email: riyadh@dargroup.com | Website: http://www.dargroup.com
 
Millenium Development
Consultant - Technical advisor
Abboud Abdel Razzak Building, 5th floor, Riad El Solh Street, Beirut Central District, Beirut 2011-1104, Lebanon
Tel: +961 1-989090 | Fax: +961 1-989091 | Website: www.millenniumdev.com
 
Al Shamiyah Urban Development
Developer 
Al Shamiyah Urban Development Building, King Abdulaziz Street, P.O. Box 51793, Jeddah 21553, Saudi Arabia, Makkah
Tel: +966 2-699-2490 | Fax: +966 2-699-2493 | Email: info@alshamiyah.com | Website: www.alshamiyah.com
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