Mountain View Saudi Arabia has unveiled the particulars surrounding the launch of its latest endeavor, “One Mountain View,” marking the inaugural Signature Living project in the Saudi real estate market, with total investments amounting to SAR 1.2 bn and an aim for sales reaching SAR 1.5 bn, Invest-Gate reports.
The specifics of the project were disclosed by Amr Soliman, Founder and Executive Chairman of Mountain View, during his address at the second edition of Cityscape Global 2024, inaugurated on Sunday, November 11, at the Riyadh International Convention and Exhibition Center.
“One Mountain View” stands as a collaboration between Mountain View Saudi Arabia and Maya Real Estate Development and Investment, a prominent entity within the private sector of the Saudi real estate domain.
Nestled in the heart of Riyadh, the capital city, the project is conveniently situated 19 minutes from King Khalid bin Abdulaziz International Airport and a mere 5-minute drive from King Abdullah bin Abdulaziz Park in Al Malaz district.
Comprising 500 exclusive villas, “One Mountain View” is the pioneering Mountain View Saudi Arabia initiative to primarily focus on a villa-centric model, offering a variety of sizes to cater to the diverse requirements of customers in the Saudi market.
The Signature Villa boasts an expansive area of 622 sqm, the Grand Executive Villa spans 540 sqm, and the Executive Villa covers 423 sqm.
Additionally, the project features the Prime Villa, ranging from 349 to 387 sqm, along with the Duplex Villa, with dimensions ranging between 271 and 311 sqm.
This venture signals the commencement of a sequence of strategic land acquisitions in the Saudi market, forming part of an ambitious agenda aimed at fostering integrated and sustainable communities in alignment with the vision outlined in Saudi Arabia’s Vision 2030, thereby bolstering sustainable economic and social development initiatives.