Al Taawun compound SAR 200 mln compound luxury compound in Riyadh
Ahmad Ibrahim Bin Saedan, GM for Real Estate Development at Al Saedan Real Estate talks about Al Taawun compound.
Al Taawun compound consists of 155 units, most of which are apartments. It also has 26 villas. It is a semi closed compound where only residents can access the compound however each villa has its own access to the outside of the compound. It has a swimming pool, a tennis court and small supermarket.
The investment is about 200 million Saudi riyals. It is located next to the new government developments on the East Ring Road of Riyadh. The units there are smaller so it is more for people who need less unit space and who don’t require the same levels of quality as the other compounds.
It is aimed at executives and middle management. Often Arabs like this kind of compound as they don’t normally like the closed, high security compounds. They like the facilities, the green areas and the swimming pools and as they have visitors more than the westerners do they are the target market of this kind of compound.
Ahmad Ibrahim Bin Saedan, GM for Real Estate Development at Al Saedan Real Estate talks about Al Taawun compound.