Nov.14, 2021

“Retal” signs an agreement with the National Housing Company to develop “Nesaj Town Al Narjis”

“Retal” signs an agreement with the National Housing Company to develop “Nesaj Town Al Narjis”

Retal Urban Development Company launched Nesaj Town Al Narjis project as part of Nesaj Town projects in partnership with the National Housing Company. This came under the generous patronage of His Excellency Majed Al-Hogail, Minister of Municipal and Rural Affairs and Housing, to attend the signing ceremony of the agreement, which was signed by Eng. Yousif bin Ibrahim Al-Hamoudi, Chief Operating Officer at Retal, and Mr. Mohammad Al-Buty, CEO of the National Housing Company.

The project is strategically located in the city of Riyadh and in one of the most prominent urban suburbs with integrated services and supported by state-of-the-art infrastructure and upscale lifestyle in line with the Saudi Vision.

Eng. Abdullah bin Faisal Al-Braikan, CEO of Retal, explained that this partnership and the great trust granted by the ministry, the executive authorities and Retal’s clients is a badge of pride and honor in Retal’s outputs and its technical and administrative personnel as well as its quality teams that seek to provide the appropriate product for the aspirations.

The project spans over an estimated area of 160,000 square meters and features 550 independent housing units of various sizes, designs and architectural distribution. These designs constitute modern architecture that keep pace with the Saudi family requirements, in addition to modern structure and spaciousness.

It is noteworthy that this project is a continuation of Retal Urban Development’s consecutive successes in Nesaj Town projects and the strategic expansion of its projects in Riyadh and across the Kingdom, with the aim of providing a suitable home for Saudi families and allowing Retal to complete its journey in providing comfort and luxury, with the highest standards of quality and perfection.



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