Diriyah Company has unveiled 239 premium homes at Cityscape Global 2025, marking the first residential release within its flagship Media and Innovation District.
The new Manazel AlHadawi properties form part of the $63.2bn (SR236.96bn) Diriyah masterplan, one of the world’s largest urban development projects.
The launch includes one-bedroom studio apartments, two-bedroom and three-bedroom homes, and four-bedroom duplex units, with prices starting from SR1.6m ($426,666).
Diriyah Company in Saudi Arabia
Diriyah Company said the homes blend traditional Najdi architectural themes with contemporary design, delivering living spaces that honour Saudi heritage while offering a modern, premium experience.
The properties are designed to meet the needs of media and technology professionals working in the new district, as well as families seeking high-quality homes in Diriyah.
Once completed, Diriyah will include more than 18,000 residential units for more than 100,000 residents, inspired by the architectural traditions of the birthplace of the first Saudi state.
Diriyah Company Group CEO Jerry Inzerillo said: “Manazel AlHadawi 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.
“This new chapter reaffirms that Diriyah is a testament to our history, and a living vision for the future: a future that continues to set new benchmarks for world-class, people-focused urban living.”
Cityscape Global 2025 deals
The homes will benefit from advanced infrastructure and smart city technologies that underpin Diriyah’s residential strategy, ensuring efficient, sustainable and future-ready living. The development will span two residential areas within the wider district.
Alongside the residential launch, Diriyah Company announced three major contract awards valued at $1.5bn (SR5.7bn) across residential, commercial and infrastructure development.
BEC Arabia Contracting Company secured two contracts within the Media and Innovation District:
- The South Offices project, which will deliver state-of-the-art office space for global media networks and creative agencies
- The Manazel AlHadawi plots, supporting the district’s growing community of professionals and families
Almabani General Contractors was awarded the King Khalid Road Main Works contract, a critical infrastructure project designed to enhance connectivity and support the integration of Diriyah’s districts.
Diriyah Media and Innovation District
Diriyah’s Media and Innovation District, announced at MIPIM in Cannes in March 2025, will serve as a new hub for global media networks, creative agencies and professionals seeking advanced infrastructure, sustainability-led design and high-quality community amenities.
Diriyah’s $63.2bn (SR236.96bn) urban development programme continues to progress at scale, with more than $27bn in construction contracts awarded to date.
Once operational, Diriyah will contribute approximately $18.6bn (SR70bn) annually to Saudi Arabia’s GDP and create more than 180,000 jobs.
The development will feature museums, shopping districts, a university, the Royal Opera House, the Diriyah Arena, a wide variety of food and beverage concepts and nearly 40 world-class hotels and resorts.
The district will also host the Royal Golf Club, Wadi Safar, home to a Greg Norman–designed championship course, and the Royal Equestrian and Polo Club, Wadi Safar.
