On June 10, 2026, Dar Al Majed Real Estate Company announced the signing of an agreement with Jadwa Al Manzel Real Estate Fund on June 9, 2026, appointing the company as the exclusive developer of a real estate project in Riyadh. The SAR 211,612,500 contract involves developing a residential project with diversified apartments on approximately 27,000 square meters of land in Al Khuzama District under a Cost Plus development model over 24 months. The project is part of the company's strategy to expand high-quality residential and commercial developments in Riyadh, with positive financial impact expected progressively according to project completion rates during the execution period.

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