Saudi Refad Expects to Deliver 200,000 sqm Mixed-Use Project in Al Khobar by 2029
2026-08-06 14:22
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en.Wedoany.com Reported - Refad Real Estate Investment and Development Company has announced that its mixed-use project, Miraf District, in Al Khobar in Saudi Arabia's Eastern Province, is progressing as planned, with a total site area of 42,000 square meters.

Designed by Gensler, the project has a total built-up area of 200,000 square meters and comprises four main functional zones. Miraf Residences consists of two residential towers offering 152 units, with leisure facilities providing direct access to the plaza; Miraf Business Tower is an 18-story office building with panoramic views and over 20,000 square meters of leasable space; The Plaza is positioned as a retail and entertainment hub, featuring restaurants, cafes, clinics, and leisure spaces; the hotel component is Hotel Indigo, managed by IHG Hotels and Resorts, offering 240 guest rooms that blend local character with international standards. The entire project integrates residential, commercial, leisure, and hotel functions, including 152 residential units, 240 hotel rooms, up to 29,000 square meters of leasable commercial space, and over 1,200 fully shaded parking spaces.

The project is located in the Corniche district of Al Khobar, near the city center and just minutes from the Corniche waterfront. The developer stated that the site is situated in one of the city's most vibrant areas, offering residents, visitors, and entrepreneurs a seamlessly connected urban experience. The construction phase is progressing as planned, with delivery expected in 2029.

Miraf District is part of Refad Real Estate's vision to enhance the quality of life and enrich the urban landscape in the Eastern Province. The company stated that this goal is achieved by creating an integrated destination that combines modern design, prime location, and diverse services, in alignment with Saudi Arabia's urban development and quality-of-life objectives.

A company spokesperson noted that the project brings together diverse functional components, including Hotel Indigo, Miraf Business Tower, The Plaza, and Miraf Residences, along with numerous facilities and services such as outdoor open spaces, an outdoor swimming pool, a gym, restaurants, cafes, a shopping center, a supermarket, specialized clinics, and a cinema. The spokesperson added that the project has recently completed 100% of the piling and shoring works, with foundation works now underway, preparing for the next phase of construction, reflecting the project's execution efficiency and accelerated progress.

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