OSUS Real Estate Launches $534M Mixed-Use Project in Riyadh

OSUS Real Estate Development Company has unveiled OSUS EYE, a major new mixed-use development in northern Riyadh. With an investment of over USD 534 million (SAR 2 billion), the project reflects Saudi Arabia’s commitment to urban sustainability and forward-thinking real estate aligned with Vision 2030.

Strategically Located and Thoughtfully Designed

Located at the intersection of Takhassusi Road and Abu Bakr Al Siddiq Road, OSUS EYE will span a gross floor area of more than 1.94 million square feet (180,000 square meters). The master plan integrates residential, commercial, hospitality, and public spaces, including:

• 627 residential units, comprising apartments and townhouses across 886,700 sq ft (82,370 sqm)
• A Hilton Garden Inn hotel and a Curio Collection by Hilton branded residences tower
• 504,300 sq ft (46,854 sqm) allocated for retail and office space
• 677,100 sq ft (62,893 sqm) of landscaped green spaces, dining venues, cafes, and pedestrian zones
• 1.67 million sq ft (155,400 sqm) of multi-storey parking to support residents and visitors

A 10-Minute City Concept

The development embraces the concept of a "10-minute city", promoting smart urban planning where essential services, leisure, and lifestyle amenities are all within a short walk or bike ride. OSUS EYE aims to foster a vibrant and inclusive community where convenience and quality of life go hand in hand.

OSUS Real Estate described the project as part of its strategy to shape urban destinations that prioritize sustainability, livability, and innovation. By integrating residential, commercial, hospitality, and green space, the development offers a comprehensive living and working environment.

Strengthening Saudi Arabia’s Urban Vision

Established in Riyadh in 2006, OSUS Real Estate has delivered 54 projects across the Kingdom, covering the residential, commercial, and hospitality sectors. The company is recognized for its role in driving modern urban development that aligns with national growth objectives.

With OSUS EYE, the company strengthens its commitment to building iconic, human-centric spaces and contributing to the Kingdom’s Vision 2030. The project not only enriches Riyadh’s urban offering but also reflects Saudi Arabia’s growing reputation as a destination for sustainable, world-class real estate.