With the increasing demand for integrated destinations, the 'Maraf District' project by Refad Real Estate Investment and Development (https://www.refad.com.sa/ar) in Khobar, one of the main cities on the eastern coast of Saudi Arabia, stands out as a pioneering mixed-use project that combines residential, commercial, entertainment, and hospitality spaces in a vibrant environment.

The project aligns with a developmental vision that responds to evolving lifestyles and the increasing demand for communities offering a comprehensive living experience, thereby enhancing the appeal of cities and redefining the concept of integrated urban destinations in the Eastern Province.

Diversity and Integration of Components

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The Maraf District project spans a total area of 42,000 square meters, with a total built-up area of 200,000 square meters, making it one of the most densely populated and diverse projects in the Eastern Province. The project includes up to 29,000 square meters of leasable commercial space, more than 20,000 square meters of office space, along with 240 hotel keys, 152 residential units, and over 1,200 fully shaded parking spaces, reflecting its scale and integrated components.

A Vibrant Destination in the Heart of Khobar

The project is distinguished by its strategic location in the Corniche district of Khobar, an upscale neighborhood, close to prominent landmarks such as Downtown Khobar, Khobar Waterfront, Aramco Stadium, and major shopping centers, placing it at the heart of one of the city's most vibrant areas. The project hosts a variety of components, including the Indigo Hotel, Business Tower, Maraf Plaza, and Maraf Residence. Together, these components form an integrated ecosystem combining living, working, shopping, and entertainment spaces, catering to residents, visitors, and entrepreneurs. The project aims to provide a comprehensive living experience by offering a wide range of facilities and services that meet the needs of residents and visitors, including open outdoor spaces, restaurants, cafes, shops, clinics, cinemas, and sports and recreational facilities, enhancing the quality of life within the destination.

Execution Efficiency and Accelerated Completion

The project has completed its piles and supports work 100% two months ahead of schedule, demonstrating execution efficiency and rapid completion. This paves the way for the next construction phases, in line with the approved timeline for project delivery in 2029.

Global Partnerships

Maraf District relies on partnerships with various specialized international entities. The global firm Gensler is responsible for designing the project, adhering to the latest urban planning principles.

A Vision for an Urban Future

Abdul Hadi Al-Qahtani, CEO of Refad Real Estate Investment and Development, stated: 'The Maraf District project represents Refad's commitment to Saudi Vision 2030, by providing an integrated environment that enhances quality of life and supports community prosperity, through a meticulously designed mixed-use destination that reflects the concept of modern living.' This approach reflects the company's philosophy of developing projects that go beyond the traditional real estate model, striving to build more integrated and sustainable urban communities that place people at the core of development. Meanwhile, Engineer Khaled Al-Mubarak, Head of Development at the company, stated: 'We have been keen to build strategic partnerships with specialized entities to ensure the implementation of a project that meets the highest international standards in planning and development, and fulfills the requirements of the Saudi market, thereby enhancing Khobar's status as a leading investment destination.' Refad Real Estate Investment and Development was founded in 2016 in Khobar, as an extension of Al-Qahtani Holding Group, and the company specializes in developing integrated residential, commercial, and logistics projects in the Kingdom. Refad focuses on developing integrated communities and mixed-use projects by building smart and sustainable urban environments that improve quality of life and stimulate economic and tourism activity, in line with the goals of Saudi Vision 2030. Maraf District is part of this vision by offering an integrated destination that combines residential, commercial, entertainment, and hospitality services in one location, enhancing Khobar's position as a growing investment and urban destination in the Eastern Province. For inquiries: 920031839 Website: www.refad.com.sa