شركة الرمز للعقارات تدشن "مسار كورنر" في مكة بحجوزات قياسية تصل لـ178 مليون دولار Al-Romouz Real Estate Launches “Masar Corner” in Makkah with Record Bookings Reaching $178 Million
Al Ramz Real Estate Company officially launched the “Masar Corner” project in Mecca, achieving initial reservations for the off-plan units with a total value of about $178.7 million (670 million riyals) until the end of the launch day.
Al-Romouz Real Estate officially launched the “Masar Corner” project in Makkah, securing initial bookings for off-plan units with a total value of approximately $178.7 million (SAR 670 million) by the end of the launch day.
The company stated in a statement on “Saudi Tadawul” today, Thursday, that the launch of the project comes as an extension of an agreement that the company announced its signing in February 2026 with Ramz Al-Hejaz Fund Company, which is an investment fund in which “Al Ramz” owns a 50% stake and is managed by Al Rajhi Capital Company.
The company said in a statement on Saudi Exchange (Tadawul) on Thursday that the launch follows an agreement it announced in February 2026 with Ramz Al-Hejaz Fund Company, an investment fund in which Al-Romouz holds a 50% stake and which is managed by Al Rajhi Capital.
This is to develop the “Masar Corner” project located within the Masar destination in Makkah Al-Mukarramah. The project consists of two towers that include residential, commercial and service units, with a total of 541 units, on a total building area of about 125 thousand square meters. The company expects the project to be completed and delivered during the year 2029.
The agreement covers the development of the “Masar Corner” project, located within the Masar destination in Makkah. The project consists of two towers comprising residential, commercial, and service units, with a total of 541 units and a gross built-up area of approximately 125,000 square meters. The company expects the project to be completed and handed over in 2029.
The company revealed that the initial reservations for the project were distributed to clients from 51 countries, while the launch ceremony, which was held at the Mandarin Oriental Al Faisaliah Hotel in Riyadh on Wednesday, September 30, 2026, witnessed the presence of more than 400 personalities, including chairmen of boards of directors, CEOs, leaders of the real estate and banking sectors, asset managers, representatives of investment funds, and investors from inside and outside the Kingdom.
The company revealed that the project’s initial bookings came from customers in 51 countries. The launch ceremony, held at the Mandarin Oriental Al Faisaliah Hotel in Riyadh on Wednesday, September 30, 2026, was attended by more than 400 figures, including board chairpersons, CEOs, leaders from the real estate and banking sectors, asset managers, investment fund representatives, and investors from inside and outside the Kingdom.
