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Riyadh’s $2.1B Al-Ruba Project, Ritz-Carlton Red Sea Residences & More

Staff Writer
Staff Writer
Aug. 29, 2025
This week’s real estate highlights showcase the Middle East’s dynamic growth, from Saudi Arabia’s USD 2.1 billion Al-Ruba mega-development in Riyadh and the exclusive Nujuma Ritz-Carlton Reserve Residences on Ummahat Island, to the Gulf’s first Waldorf Astoria branded residences in Ras Al Khaimah. Adding to the momentum, Al Huzaifa debuts its first residential project on Al Marjan Island, while RAK Properties launches Solera, a 451-unit waterfront community starting from USD 209,000. Together, these launches reflect a market driven by scale, luxury, and innovation, reshaping the region’s property landscape.