economy

Arak Al-Mukaymin Project by NHC: Luxury Residences in Madinah

The National Housing Company (NHC) has announced a new and distinguished real estate offering: the “Arak Al-Mukaymin” project, located within the Al-Mukaymin destination in Madinah. This project boasts a unique and strategic location within the boundaries of the Prophet’s Mosque, making it one of the most prominent residential developments that combines spirituality with modern living, providing a comprehensive residential environment that meets the aspirations of Saudi families.

Project details and modern designs

The Arak Al-Mukaymin project spans a vast area exceeding 233,000 square meters, offering a variety of luxurious residential options including villas and townhouses. These units are designed in a modern architectural style that respects the urban identity of Medina, while ensuring maximum privacy and comfort for residents. The project is situated within a model urban environment that includes comprehensive service facilities such as health centers, shopping malls, green spaces, and mosques. Furthermore, the "schools without walls" concept is implemented, fostering a cohesive and open residential community.

Strategic dimension and keeping pace with Vision 2030

The launch of this project comes within the framework of the National Housing Company's ongoing efforts to achieve the objectives of the Housing Program, one of the programs of the Kingdom's Vision 2030, which aims to raise the rate of homeownership among Saudi families to 70%. Projects in Madinah play a pivotal role in this vision, given the city's religious and historical significance and the increasing demand for housing there from citizens wishing to live near the Prophet Muhammad (peace be upon him). As the primary enabler of the real estate sector, NHC is working to inject thousands of housing units to enhance the real estate supply in the region.

High investment value and spirituality

The Arak Al-Mukaymin project gains exceptional value thanks to its location within the Haram boundaries and its proximity to the Prophet's Mosque, giving it a strong competitive advantage for both residential and investment purposes. The site is also distinguished by its proximity to vital facilities such as government offices, educational institutions, and medical centers, facilitating residents' lives and providing them with all their daily needs within a convenient geographical area.

Easy financing solutions

To facilitate the ownership journey, the project offers units at competitive prices supported by an exclusive financing offer from the Saudi National Bank with a profit margin of 2.99%, which is a unique opportunity in light of the current economic conditions, reflecting the keenness of the company and its financial partners to provide flexible solutions that suit the capabilities of the beneficiaries.

NHC invites those interested in seizing this opportunity and registering their interest in the Arak Al-Makimin project to view all the details and reserve their units by visiting the official link:

https://nhc.sa/register-interest/arakalmukaimen/

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