Diriyah Company launched 239 premium homes in the new Manazel Al Hadawi residential area in Diriyah, alongside announcing major contract awards worth SAR5.7 billion ($1.5 billion), at the Cityscape Global in Riyadh last month (November).

This is the first release of properties planned within its flagship Media and Innovation District.

The new homes will include one-, two- and three-bedroom units and four-bedroom duplex properties, with the prices starting from SAR1.6 million. The new properties celebrate Saudi heritage and will benefit both media and technology professionals who will be working in the new district and families looking for a desirable home in Diriyah, said the developer.

The launch marks the first in what will eventually be more than 18,000 residential properties for over 100,000 residents in Diriyah’s City of Earth that have been inspired by the centuries-old Najdi architectural traditions of the birthplace of the first Saudi state.

Group CEO Jerry Inzerillo said: “Manazel Al Hadawi represents a pivotal milestone in Diriyah Company’s journey, as it is a fully in-house residential development that reflects the maturity of our capabilities and the strength of our integrated, urban ecosystem. It embodies our commitment to delivering premium homes that capture the authentic spirit of Diriyah while offering an elevated, modern living experience rooted in quality, design excellence, and a deep sense of place.”

Alongside the new residential offering launch, Diriyah Company also announced three major contract awards covering residential, commercial, and infrastructure developments, totalling $1.5 billion.

BEC Arabia Contracting Company has been awarded the contract for the Media and Innovation District – South Offices. Also, it has secured the contract for the Manazel Al Hadawi plots, which will further expand the district’s residential offering, supporting the growing community of professionals and families.