Umm Al Qura and Rawajeh Group Sign Agreement for Residential Tower

Umm Al Qura for Development and Construction Company, the owner, developer, and operator of Masar Destination in Makkah, has signed a land sale agreement with Rawajeh Group. This agreement facilitates the development of a residential tower, Masar Rawajeh, with a total investment of approximately SAR 500 million. The project aims to expand the residential offerings within Masar Destination and contribute to an integrated urban environment in Makkah. The residential tower will be developed on the acquired land, providing additional residential units and supporting the destination's mix of hospitality, residential, commercial, and lifestyle offerings. This private-sector development is part of Masar Destination's ongoing expansion as a major urban development in Makkah. The agreement is expected to strengthen the residential component of Masar Destination and contribute to creating an integrated urban environment serving both residents and visitors to Makkah.