PIF-Backed ROSHN Group Launches Fifth Phase of SEDRA in Riyadh
Saudi real estate developer ROSHN Group, supported by the Public Investment Fund (PIF), has started sales for the fifth phase of its SEDRA community in Riyadh. This phase will add more than 2,000 new homes to the project.
SEDRA Sales Launch
The new phase comes as demand for housing in SEDRA continues to rise. It supports ROSHN’s plan to build modern, fully serviced communities in line with Saudi Vision 2030.
The first batch of sales includes over 700 homes in 10 different designs, with two types of facades in multiple colors. The options include townhouses, duplexes, and standalone villas.
This phase covers 1.3 million square meters within the larger 20 million square meter SEDRA project. It is located near ROSHN Front, which features shopping, hotels, and office spaces.
SEDRA 5 is also well connected. It can be reached via the airport road and is close to metro stations F2 and A7, giving direct access to important places like Princess Nourah University, Imam Mohammed Ibn Saud University, and King Khalid International Airport.
The homes follow the Salmani architectural style, blending traditional Saudi design with modern building methods. The community also offers maintenance and management services for shared areas.
ALDANAH Project in Dhahran
In June, ROSHN also launched the first sales phase of ALDANAH, a new residential project in Dhahran. It includes different layouts and styles, such as villas and duplexes.
ALDANAH is in a prime location at the center of the Dammam Metropolitan Area, close to Dammam, Dhahran, and Khobar. It is near King Abdulaziz Road and only 35 minutes from King Fahd International Airport.
ROSHN’s Expansion Plans
To support its growth, ROSHN has raised large financing:
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In February, it secured a $533.2 million (SAR 2 billion) Shariah-compliant loan from Saudi National Bank to buy the ROSHN Front shopping mall, which attracts over 7 million visitors yearly. The loan will be repaid over seven years.
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In October 2023, ROSHN obtained a $2.4 billion (SAR 9 billion) syndicated loan from several Saudi banks. This five-year credit facility will be used for general expansion and growth.
Through these projects, ROSHN is expanding beyond housing into retail and commercial real estate, while continuing to develop large-scale communities across Saudi Arabia.
Published: 19th September 2025
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