Layla Al-Khalifa

Dar wa Emaar signs major financing deals at Cityscape Global 2024

Dar wa Emaar Dominates Cityscape Global 2024 with New Projects and Strategic Partnerships

The leading real estate development company in Saudi Arabia, Dar wa Emaar, stole the show at the recent “Cityscape Global 2024” event in Riyadh. From November 11 to 14, 2024, the Riyadh International Convention and Exhibition Center (Malham) buzzed with excitement as Dar wa Emaar showcased its latest projects, including “Tala Al Khuzam”, “Saraya Al Fursan 2”, and “Al Narjis Residence”.

Strategic Partnerships and Financing Deals

Amidst the exhibition frenzy, Dar wa Emaar inked significant agreements with top banks in Saudi Arabia to bolster real estate financing services for its residential projects. The company sealed an exclusive deal with “Bank Aljazira” for off-plan sales requests at a profit rate of 3.30% for 20 years. Additional agreements were signed with “Banque Saudi Fransi”, “SAB Bank”, “Arab National Bank”, and “Riyad Bank” to finance residential units.

Moreover, Dar wa Emaar also signed memoranda of understanding with “DEAL” and “Wasalt” applications, along with an agreement with “In3” to spearhead digital transformation and leverage artificial intelligence in its operations.

Expanding Horizons with Mutual Partnerships

Highlighting its fruitful collaborations, Dar wa Emaar received an honor from “Al Bilad Bank” for their successful partnership. The company further solidified its ties by signing a joint agreement with “NHC” to develop commercial centers within the Khuzam Suburb, enhancing community life in Saraya Al Jewan communities.

Unveiling Remarkable Projects

The Dar wa Emaar pavilion witnessed a surge in interest from real estate enthusiasts, attracting thousands of visitors over the exhibition’s duration. The projects, especially “Tala Al Khuzam”, garnered admiration for their premium design, providing a modern living environment that blends comfort and luxury.

“Saraya Al Fursan 2” and “Al Narjis Residence” also drew attention for their innovative designs and strategic locations, catering to the needs of Saudi families and offering integrated facilities for a wholesome living experience.

Commitment to Excellence

Osama Al-Khunaizi, CEO of Dar wa Emaar, emphasized the company’s commitment to meeting the Saudi market’s needs through innovative real estate projects that align with customer aspirations. Mansour Al-Jufaili, the Kingdom’s Sales Director at Dar wa Emaar, expressed confidence in the company’s future projects following the success at Cityscape Global 2024.