On July 23, 2026, Knowledge Economic City announced a sales update for its Al-Alya Project, a mixed-use development within the Knowledge Economic City masterplan in Al-Madinah Al-Munawarah. The project has achieved contracted sales of SAR 520,674,664 across 351 sold residential units, with an additional 231 units reserved by non-Saudi customers totaling SAR 547,651,875 in reservations, out of a total of 1,420 residential units in the project. Currently, 470 units remain available for sale from the licensed pool, with 368 units still undergoing the off-plan sales licensing process, and 838 units remaining for sale across the entire project. The project also includes 70 premium villas currently in the contractor procurement phase, and features hospitality agreements with Hyatt Hotels Corporation under the Hyatt Centric and Hyatt House brands, as well as a short-term rental partnership with Maison Privee Holiday Homes Rental LLC to enhance investment returns for unit owners.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.