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Saudi-based Jiwar Real Estate Management, Marketing and Development Company has announced the launch of its Rawabi Abraj Al Bait residential and commercial project in Mecca, Saudi Arabia.
The project, which comprises 21 towers, stands out due to its prime location overlooking one of the holiest sites of Islam, Al Masjid Al Haram.
Dr Saleh Habib, chief executive officer, Jiwar, said: "The sought-after location of the project in Mecca and the various facilities it offers, make it highly appealing to investors in the Islamic world."
Jiwar's Rawabi Abraj Al Bait project covers a total area of 2,722,593 square metres and will boast amenities including wireless connectivity, 24/7 security, high-speed elevators, restaurants, ample parking, medical facilities, prayer rooms and shopping malls.
Jiwar is also the exclusive marketing agent for the prestigious Saudi Riyal Saudi riyal six billion Abraj Al Bait project (King Abdul Aziz Endowment Project), being built close to the holy mosque in the holy city of Mecca.
Last year the company announced the sale of Hajer Tower - one of the seven towers of the project - to a group of investors from Kuwait and Saudi Arabia in a deal worth SR2.2 billion.
