"Refad" Showcases Its Vision for Developing Integrated Urban Destinations at the "Sharqia Furas Forum"
“Refad Real Estate Investment and Development Company” is showcasing its vision for developing integrated urban destinations and mixed-use projects at the "Sharqia Furas Forum". The event, which started yesterday (Wednesday) at the Dhahran Expo in Khobar under the patronage of HRH Prince Saud bin Nayef bin Abdulaziz Al Saud, Governor of the Eastern Province, will end today (Thursday). It features a notable group of developers, investors, experts, and stakeholders involved in the country's real estate development sector.
During the forum, Refad is showcasing its latest integrated residential and commercial projects in the Eastern Province. Foremost among these is "Miraf District," a flagship mixed-use development in Khobar that brings together residential, commercial, leisure, and hospitality spaces to create a comprehensive urban destination. The project stands out for its wide range of services and amenities tailored to individuals and families, reinforcing Khobar’s status as an attractive destination for living, investment, and business while enriching the Eastern Province's urban landscape.
"Miraf District" comprises four key components integrated into a single destination: Miraf Residences, the Business Tower, the Miraf Plaza trade exhibition area, and Hotel Indigo.
"Miraf Residence" comprises 152 residential units across two 18-storey towers, while the "Business Tower" offers over 20,000 square metres of leasable office space across 18 floors. Additionally, "Miraf Plaza" features up to 29,000 square metres of leasable retail space, alongside Hotel Indigo, which offers 240 keys, creating an integrated ecosystem that meets the aspirations of residents, visitors, and entrepreneurs alike.
Abdulhadi AlQahtani, Managing Director of “Refad” Real Estate Investment and Development Company, stated: “Our involvement in the Sharqia Furas Forum offers a chance to engage with developers, investors, and real estate experts, highlighting Refad’s approaches for creating integrated projects that align with market demands and the Kingdom’s ongoing urban and economic changes. This helps develop urban destinations that improve quality of life and promote sustainable growth.”
The "Sharqia Furas Forum" aims to showcase major development and investment projects across the region, highlight the urban and economic momentum, and spotlight investment opportunities and initiatives that support sustainable urban development and enhance the quality of life. It also seeks to strengthen the Eastern Province's position as an attractive destination for development and investment.
Founded in 2016 in Khobar, "Refad Real Estate Investment and Development” is part of Al Qahtani Holding Group. It focuses on developing comprehensive residential, commercial, and logistics projects nationwide, aiming to build smart, sustainable urban spaces that enhance quality of life and boost economic and tourism growth, in line with Saudi Vision 2030.
