DAR Dubai to Initiate Operations with Three Major Investment Parks

DAR Dubai to Initiate Operations in Saudi Arabia with Three Major Investment Parks

[Dubai, UAE] – [Date] – DAR Dubai, the dynamic joint venture formed between RED House and Dubai Investments, is set to commence its operations in the Kingdom of Saudi Arabia with a groundbreaking initiative: the development of three contemporary mixed-use industrial parks. These ambitious projects are designed to mirror the success of Dubai Investments' flagship "Dubai Investments Park" in Dubai, which spans an impressive 23 million square meters.

The three new investment parks will be strategically located across the Kingdom, reinforcing DAR Dubai's commitment to comprehensive development:

• Riyadh Investment Park (Central Province): Anticipated to cover over 10,000,000 sqm.

• Jeddah Investment Park (Western Province): Expected to span over 5,000,000 sqm.

• Khobar Investment Park (Eastern Province): Also projected to encompass over 5,000,000 sqm.

These visionary developments will provide world-class infrastructure, state-of-the-art facilities, and integrated communities, aiming to attract significant local and international investment. DAR Dubai is poised to play a pivotal role in advancing Saudi Arabia's industrial and economic diversification, contributing substantially to the Kingdom's Vision 2030 objectives.