Maximiliano Development Management Services (MDMS) has announced that more than 90% of the residential units at Ruwaa, a key development in capital Riyadh and Maylaa project in Jeddah, have been sold out. Â
The National Housing Company (NHC) the investment arm of the Saudi Ministry of Housing had launched Ruwaa and Maylaa projects with the aim to enhance its response to the increasing demand for housing in the kingdom, especially in the big cities.
Once completed, Ruwaa will offer more than 1,000 residential units spanning over 780,000 sq m area in Al Jawan suburb of Riyadh, while Maylaa will offer more than 800 residential units spanning 400,000 sq m area in the Khayala suburb of Jeddah.
Headquartered in Saudi Arabia, Maximiliano has branches in Egypt, Bahrain and Australia, with work underway to open new branches in strategic markets.