Peyk
Back to news
Business

ZOOD Unveils SAR 2.5B Élevée Mixed-Use Project in Riyadh

ZOOD Real Estate has launched Élevée, an eight-tower mixed-use development worth over SAR 2.5 billion in Riyadh's Al-Nakheel district.

October 19, 2026Riyadh, Saudi Arabia
ZOOD Unveils SAR 2.5B Élevée Mixed-Use Project in Riyadh

ZOOD Real Estate has officially launched Élevée, an ambitious mixed-use urban community situated in the prestigious Al-Nakheel district of Riyadh. With an estimated development value surpassing SAR 2.5 billion, the project marks a significant addition to the capital city's expanding real estate landscape.

The large-scale development is designed around eight contemporary architectural towers that combine high-end residential living, premium commercial office spaces, and curated retail offerings. Aiming to establish a balanced urban lifestyle, the master plan integrates landscaped open areas, recreational amenities, and modern infrastructure designed to meet the evolving demands of Riyadh's growing population.

Strategically located in Al-Nakheel, Élevée benefits from direct access to the capital's primary transit corridors, financial centers, and cultural hubs. The mixed-use concept aligns closely with the objectives of Saudi Vision 2030, which emphasizes urban regeneration, increasing home ownership, and attracting private sector investments into the Kingdom's housing and commercial infrastructure.

Project planners stated that Élevée will feature sustainable architectural standards and energy-efficient building systems, underscoring modern building practices across the GCC. ZOOD Real Estate highlighted that the community is engineered to provide residents and visitors with a vibrant, pedestrian-friendly environment integrated with smart services and hospitality venues, addressing strong regional demand for integrated luxury living.

saudi arabia
riyadh
real estate
business
infrastructure
Source & Verification

This article was sourced from the following verified news outlet. Click to view the original publication for proof and reference.

Peyk

24/7 world freshest news

© 2026 Peyk. All rights reserved.