ROSHN unveils MARAFY, a groundbreaking mixed-use development in Jeddah

ROSHN unveils MARAFY, a groundbreaking mixed-use development in Jeddah

Image credit: ROSHN

In a significant stride towards enhancing Saudi Arabia’s real estate landscape, ROSHN Group and the Public Investment Fund (PIF) have jointly launched MARAFY, a modern mixed-use development poised to redefine urban living in the north of Jeddah.

The development is projected to accommodate over 130,000 residents. It boasts a groundbreaking 11-kilometre-long manmade canal at its heart.

MARAFY’s groundbreaking canal, 11 kilometers in length and 100 meters wide, is set to connect and extend the Obhur Creek. This navigable canal is the first of its kind in Saudi Arabia, will be flanked by a mixed-use districts.

The development aims to offer an exceptional living experience and represents ROSHN’s inaugural fully mixed-use endeavor.

David Grover, group CEO of ROSHN Group, highlighted the project’s significance, stating, “MARAFY will be a gamechanger in the real estate development sector, elevating the standards of development in the region and generating a substantial impact in Jeddah.”

MARAFY – a project of scale

The canal of MARAFY, comparable in size to waterfronts in global metropolises such as Chicago, Stockholm, Hamburg, and central London, will infuse Jeddah with a refreshing marine environment.

This historic city, renowned for its centuries-long hospitality to traders, travelers, and pilgrims, will witness the emergence of an urban water corridor