We in Amaar started their investing in the Eastern Province, and never stopped there. We took the opportunity within our strategies for the benefit of our partners to expand our investing plan to reach the Eastern Province. Because we are in Amaar looking for the best investing opportunities for our partners, we have chosen Jeddah, the most dynamic and active city in Saudi Arabia, which is also considered to be the center of Saudi Arabian business and economy.
The project of Mawred contains 500 commercial and industrial units, to cover an area of 1,135,000 square meters. The total cost of the project was more than 1 billion Saudi Riyals, and had 15.13% of return on investment for our partners.