Saudi’s ROSHN launches MARAFY mixed-use project in Jeddah

Saudi’s ROSHN launches MARAFY mixed-use project in Jeddah

ROSHN Group, Saudi Arabia’s most trusted multi-asset class real estate developer, and PIF giga-project, today announced MARAFY, a transformative, mixed-use development in north of Jeddah that will accommodate over 130,000 residents with a 11-kilometre-long manmade canal at its centre.

MARAFY will provide a new waterfront around its manmade canal which will add a new destination to the north of Jeddah. The 11-kilometre long and 100-metre-wide navigable canal will connect to and extend Obhur Creek, will be surrounded by multiple unique districts, it is the first canal ever to be built in Saudi Arabia, and ROSHN’s first fully mixed-use development.

David Grover Group CEO of ROSHN Group commented on the announcement: “It is core to us as a giga project to introduce such huge development to the kingdom, MARAFY will be a gamechanger on the real estate development sector, raising the bar of development in the region, boosting the quality of life, and creating a huge impact in Jeddah.” He added: “It is a pride moment to announce the launch of MARAFY, our huge development in north of Jeddah. It’s one of the iconic projects that will put Jeddah on the map of the world class destination on all aspects, and one of