Leading Saudi property developer Cayan Group has launched mixed-used residential project named Samaya, built at a cost of $ 266 million, reported Trade Arabia.

The villas and facilities are built on an area of one million square meters, and is located in Erga in northern Riyadh.

The project is expected to serve high-end buyers, and will include commercial units, schools, mosques, sports, clubs, parks, and entertainment facilities, stated Ahmed Alhatti, Chairman of Cayan Group.

The project is expected to provide modern residential living and buyers’ interest attests to the brand’s identity and its iconic quality designs, added Alhatti, according to Construction Week Online.

The Samaya project was awarded the Best Mixed Used Project Award in 2013 by the International Property Awards Arabia that was held in Dubai.