Refad Real Estate Investment and Development, a subsidiary of Al Qahtani Holding Group, has unveiled Miraf District, a groundbreaking urban development set to transform Al Khobar’s cityscape. Strategically positioned along King Faisal Road, the project represents a significant milestone in the Eastern Province’s urban evolution.
The AED-scale project encompasses four key components designed to create a holistic urban environment:
- Miraf Residences: Two residential towers with 152 units featuring lifestyle amenities
- Business Tower: An 18-storey office building offering over 20,000 square metres of premium leasable space
- The Plaza: A dynamic retail and entertainment hub with restaurants, cafés, clinics, and recreational facilities
- Hotel Indigo: A 240-unit hotel managed by IHG Hotels & Resorts
The development total construction area spans approximately 200,000 square metres, positioning it as a major catalyst for urban growth. Global design firm Gensler leads the master design, while JLL and Colliers provide strategic leasing and financial consultancy.
Abdulhadi Al Qahtani, Managing Director of Refad, emphasized the project’s alignment with Vision 2030: “Miraf District reflects our commitment to creating vibrant communities that enhance quality of life and support economic growth.”
The project underscores Al Khobar’s emerging status as a leading destination for investment, tourism, and modern urban living. By integrating residential, commercial, and leisure functions, Miraf District sets a new standard for holistic urban development in the region.
With its strategic partnerships and innovative design, the project is poised to become a benchmark for future urban developments across Saudi Arabia.
