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Home » Companies » Saudico Secures $186 Million Contract To Construct The Ritz-Carlton Residences in Diriyah
Saudico Secures $186 Million Contract To Construct The Ritz-Carlton Residences in Diriyah
Saudico Secures $186 Million Contract To Construct The Ritz-Carlton Residences in Diriyah

Saudico, a leading construction firm in Saudi Arabia, has secured a $186 million contract from Diriyah Company to construct the luxurious  Ritz-Carlton Residences in Diriyah. The contract was awarded at the PIF Private Sector Forum held in Riyadh.

The Ritz Carlton Residences are to be located in the heart of the $63 Billion Diriyah Giga project in Riyadh, which is the birthplace of the Saudi Royal Family. 

The project comprises 106 luxury branded villas ranging from three to five bedrooms and featuring both traditional Najdi and contemporary designs, which aims to enhance luxury living in the Kingdom.

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The Ritz Carlton Residences

Image Credit Diriyah Company

The Ritz Carlton Residences are set to be an integral part of the immense Diriyah Giga project. The villas, totaling 106 in number, will embody a unique blend of Najdi heritage and architectural sophistication. 

These luxury residences will provide residents with an unrivaled living experience, perfectly balancing traditional charm and modern amenities.

Villa Design and Interior Aesthetics

Image Credit Diriyah Company

The villas at the Ritz Carlton Residences will come in six layout variations, offering three to five bedrooms to cater to different family sizes and needs. Each villa will feature a courtyard, providing an ideal relaxing and comfortable space. 

Image Credit Diriyah Company

The interior design choices will range from traditional Najdi to contemporary, allowing residents to create a personalized living space that reflects their unique tastes and preferences.

The Community Vision

Image Credit Diriyah Company

The Ritz Carlton Residences are designed to foster a vibrant, harmonious community. The cultural venues, plazas, and leisure facilities aim to promote social interaction and community bonding. 

The CEO of Diriyah Company, Jerry Inzerillo, expressed his excitement and honor to partner with Marriott’s Ritz-Carlton, stating that the collaboration would “forge what will be truly regarded as the pinnacle of branded luxury residences.”

Sustainability and the Kingdom’s Vision 2030

Image Credit Diriyah Company

The project aligns with the Kingdom’s Vision 2030, aiming to enhance the quality of life for the Diriyah community and the Riyadh region. Diriyah Co. has implemented an urban development strategy that places sustainability at the heart of the project. 

This is facilitated by scalable digital infrastructure and cutting-edge end-user services.

Luxury Living with Ritz-Carlton

Image Credit Diriyah Company

The Ritz Carlton Residences are set to redefine the concept of luxury living in Riyadh. 

Sandeep Walia, Chief Operating Officer (Middle East) at Marriott International, stated that launching these residences in Diriyah would “elevate the meaning of luxury living in the Kingdom’s foremost historic cultural destination.”

Image Credit Diriyah Company

The Ritz-Carlton’s legacy of excellence is set to become a lifestyle in the heart of Saudi Arabia’s most historical and cultural destination.

The Future of Saudi Arabia and Diriyah

Image Credit Diriyah Company

The launch of the Ritz Carlton Residences signifies a bright future for Saudi Arabia and aligns with the Kingdom’s Vision 2030. This development heralds a prosperous future for the region.

Diriyah Company aims to enhance the quality of life in alignment with the Kingdom’s 2023 vision. They have initiated these plans by opening the historic At-Turaif district, listed as one of UNESCO’s World Heritage Sites.

Nearby Attractions: Bujairi Terrace

Bujairi Terrace, unveiled on December 4th, 2022, is a premier high-end dining destination. Spanning 15,000 square meters and comprising 21 international and local top-tier Bujairi Terrace restaurants offering various cuisines.

Known for its distinctive dining, culture, and heritage, Bujairi Terrace is nestled in the historical birthplace of the Saudi state, Diriyah.

Image Credit Diriyah Company

The Ritz Carlton Residences in Diriyah, the first luxury branded residences in the Kingdom, represent a significant stride towards achieving Saudi Arabia’s Vision 2030. 

As Saudico embarks on this monumental construction venture, the world eagerly anticipates the result: a triumphant blend of heritage, luxury, and community that will redefine the meaning of luxury living in the Kingdom.

New Hotels To Open Soon In Diriyah 

The Ritz-Carlton Diriyah Hotel

Image Credit Diriyah Company

Marriott International has unveiled the start of the construction of the upcoming Ritz-Carlton hotel in Diriyah, which is scheduled to open in 2026. 

It is situated within the $63 Billion Diriyah Giga Project, the five-star establishment is set to include 195 guest rooms and 34 luxury suites. 

The hotel will also feature luxury dining venues, outdoor pools, and a fitness center, providing immersive guest experiences.

Marriott’s Bab Samhan

Image Credit Marriott International

Marriott’s Bab Samhan, a member of the prestigious Marriott’s Luxury Collection Hotels, is scheduled to open In 2024. This hotel, inspired by the traditional Najdi architecture, boasts a charming color scheme of warm mud bricks and is conveniently located within walking distance of At-Turaif. 

The hotel will offer 106 bedrooms, 28 suites, a lavish Royal Suite, a spa, an indoor swimming pool, and a restaurant curated by renowned chef Michael Mina.

Four Seasons Hotel

Image Credit Four Seasons Hotels and Resorts

Four Seasons Hotels and Resorts, a top-tier luxury hospitality company, has revealed its intentions to build Four Seasons Hotel Diriyah in Saudi Arabia. 

This exquisite hotel will feature around 150 lavish rooms and suites, spacious venues for meetings and events, a spa with seven treatment rooms, a fitness center, and two outdoor pools with private cabanas. 

Additionally, the hotel will provide four dining options, including a restaurant by the pool and a lounge with a view of the sunset.

The Wadi Safar Project

Image Credit Diriyah Company

The Wadi Safar project, introduced by the Diriyah Gate Development Authority, is set to shape Riyadh into a luxurious oasis resembling the famous ‘Bel Air’ of Saudi Arabia. 

The project aims to sell around 40 to 50 high-end houses in its Wadi Safar community, with each residence starting at a minimum price of $25 million, targeting a specific group of highly wealthy individuals, offering more than just luxurious homes.

Six Senses Wadi Safar Resort

Image Credit Diriyah Company

The well-known hotel chain Six Senses has revealed plans for a brand new hotel in the prestigious Six Senses Wadi Safar Resort in Diriyah. 

With its stunning hilltop position, Six Senses Wadi Safar will fascinate visitors with its remarkable valley views. 

Situated in the exclusive Wadi Safar Community, often called “Bel Air” of Saudi Arabia, the hotel spans 49 acres and guarantees to provide guests with exceptional experiences that blend the area’s cultural heritage with contemporary luxury.

Oberoi Wadi Safar

Image Credit Diriyah Company

The Oberoi is set to offer 60 rooms and ten branded residences. The brand’s consistent commitment to excellent hospitality in a peaceful ambiance and a deliberate focus on sustainability and wellness from Six Senses remains a hallmark of Oberoi.

The internationally renowned Oberoi brand will establish its enchanting presence on this captivating landscape, providing visitors with esteemed hospitality and luxurious experiences.

Keep Reading: The Ritz-Carlton Diriyah Due To Open in 2026

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