Dar Al Arkan Real Estate Development Company has launched its campaign for the sale of Altial Project land in Madina. The campaign targets those who are interested in purchasing or investing. Dar Alarkan has placed for sale a collection of residential and commercial lands at Altilal project with different areas furnished with infrastructure and superstructure facilities. The land lies in a project furnished with all key services and spaces for public utilities.
Mr. Yousef Al-Shalash, Chairman of the company, said that "Offering Altial project land for sale constitutes one of the company's sources of income beside residential units and lease properties" adding "Altilal project is furnished with all necessary services in compliance with the standards approved by competent government authorities. The project resembles one of the best investment opportunities in Madina owing to its strategic location and integrity and preparedness of services and facilities, in addition to being crossed over by Prince Sultan main road. Mr. Al-Shalash cited that the placement of Altilal project land for sale meets the demands of different social strata and provides the real estate solutions which secure residential and commercial needs. He said that each plot of land ranges between 610 and 1,819 square meters for residential use, and 662 to 1,898 square meters for commercial use. All land is developed and ready for transfer of ownership.
Altilal project is located south west of Madina, with a total area of 2.2 million square meters within Alharam area, 9 kms from the Holy Prophet Mosque and 8 km. from Qiba mosque. The project lies across Prince Sultan road, one of the main pivotal roads in Madina. Currently it accommodates 499 residential villas with different areas and designs occupied by their owners. The company will commence establishing commercial stores along King Sultan road to serve the project inhabitants. The project, developed by Dar Al Arkan on a comprehensive urban development vision, is characterized with an integrated infrastructure and superstructure including grid, light poles, water , irrigation and telephone networks, in addition to flood drainage channels, paved roads of 32 and 64 meter width, and plantations. Moreover, the project is distinctively furnished with optical fiber service in Madina. The project plan allows for spaces for building public utilities including schools, mosques, parks, municipal services, trading centers and parking area.
Mr. Al-Shalash explained that Dar Al Arkan has developed Altilal project on a comprehensive urban development concept going beyond provision of main services to comprehensive development and utilization of all elements which serve the project, linking up all services on land that becomes ready for the end-user to just build on it. He added "We gave a special care to the final product which combines all elements of the project that make it unique to other projects".
It is worth noting that Dar Al Arkan is known as the largest real estate developer in the Kingdom. It develops projects on the basis of a comprehensive urban development approach. Beside its completed projects of Alqasr in Riyadh and Altilal in Medina, the company is busy nowadays to complete the implementation of Alqasr Mall and shams Alriyadh projects in Riyadh beside Qasr Koazam in Jeddah.
© Press Release 2012
