Saudi Arabia-based Liwan Real Estate Development has unveiled plans for Liwan Najd, a SR4.5bn ($1.2bn) mixed-use project in the Granada District of Riyadh.
The announcement was made on the opening day of Cityscape Global 2025.
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Currently in the design phase, Liwan Najd is set to become one of the country’s largest mixed-use developments, covering 151,308m² with a built-up area totalling 600,000m².
The scheme will deliver approximately 2,500 residential units, including apartments and studios, penthouses, villas, and townhouses, and allocate more than 60% of its footprint to landscaped and open spaces.
The site will also include a hotel, food and beverage outlets, office space, retail premises, and a mosque.
Liwan Najd’s location alongside Alhasan Ibn Hussein Ibn Ali Boulevard positions it near major transport routes and employment centres, said the company.
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By GlobalDataThe project targets Riyadh’s increasing demand for housing and integrated communities as the city’s population is forecast to exceed ten million by 2030.
According to consulting company Knight Frank, housing transactions in Riyadh surpassed SR120bn in the first half of 2025.
Liwan Najd is designed to address these trends by combining residential, commercial, and community elements.
The development also aligns with the country’s Vision 2030 objectives for housing supply alongside urban growth.
Liwan Real Estate Development CEO Abdulrahman bin Saud Aldhyem said: “Liwan Najd reflects our vision for the future of Saudi urban living. It’s where heritage and modernity meet, and where sustainable communities generate long-term value for residents and investors. We are especially proud to be unveiling this milestone at Cityscape Global 2025, which showcases the very best the kingdom has to offer.
“Liwan Najd is more than a real-estate project – it’s a statement about how Saudi cities are evolving. By aligning investment opportunity with sustainable urban growth, we’re creating destinations that deliver both community value and long-term growth.”
The company also reported construction progress on Livein Liwan, a separate 616-unit residential development on King Abdullah Road that has reached the halfway stage.
Overall, Liwan aims to deliver approximately 10,000 residential units in future projects.
