Saudi Arabia Railways (SAR) has formed a partnership with Dedicated Housing Company (DHC) to construct a residential community next to the East Network railway station and metro in Riyadh‘s Al Malaz district.
The URBN Living development will occupy two plots totaling 13,000 square meters and will contain more than 450 residential units with over 1,600 beds.
The project will provide furnished suites, studio units, and shared serviced apartments for professionals, business travelers, and intercity commuters seeking short- and long-term accommodation.
Riyadh to get hospitality-inspired residential community in 36-month development
The development will include co-working lounges, shared kitchens, laundry facilities, fitness areas, and recreation spaces. The properties will be operated by URBN Living following international standards for design and operations.
The location provides access to rail and metro services, supporting Transit-Oriented Development (TOD) by connecting residential living with transportation infrastructure.
โThese projects represent a vision for the future of residential communities in the Kingdom of Saudi Arabia,โ said a spokesperson for Dedicated Housing Company (DHC). โOur partnership with Saudi Arabia Railways brings together infrastructure and global expertise to introduce a new residential model that responds to the growing demand within the hospitality sector.โ
Completion is scheduled within 36 months. Dedicated Housing Company (DHC) is a joint venture between Majd Investment, Sumou Global Investment, and Strategic Housing Group (SHG).
The development aims to create connected and sustainable urban communities in Riyadh, contributing to the city’s urban landscape evolution and supporting economic growth and community well-being.
