Safqah Capital Signs Agreement With Awaed to Develop 320 Villas and Apartments Across the Kingdom

During Cityscape Global 2024, Safqah Capital signed a financing agreement with Awaed Real Estate to develop 320 housing units, including villas and apartments, distributed across various regions of the Kingdom from 2025 to 2026. This project reflects Safqah Capital’s dedication to delivering innovative housing projects that address the needs of diverse community segments.

The project aims to provide a range of housing options, focusing on modern designs and integrated services that enhance residents’ quality of life. Awaed Real Estate stated that this partnership marks a significant step in the execution of its future projects, praising Safqah Capital’s role in offering innovative financing solutions that support the growth of the real estate sector.