Destined to become a residential and holiday getaway for Saudi locals and tourist. Dannat Resort master plan designed to be a gated waterfront mixed-use project focused on building a unique and diversified residential, commercial and leisure elements in a harmonious layout.
Launch Year: 2008.
Investment Size: USD 660 million.
Project Type: water front mixed-use development.
Area: 1,000,000 square meters.
Component: offers private water-front residential units, buildings and commercial units.
Facilities: beachfront hotel with mooring and marina services.
Investors Returns: Estimated IRR of 27%.
Location: Half Moon Bay, Eastern Province, Kingdom of Saudi Arabia.
Exit: Asset is currently under management.
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