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Element List	Explanation
Transaction Details	Acquisition of commercial/residential land designated for residential use in Al Malqa District, Riyadh, with a total area of (8,600) square meters and a total consideration of SAR (94,600,000), for the development of a residential project consisting of approximately (135) apartment units.
Transaction Amount	94,600,000 (SAR)
Transaction Conditions	Not applicable
Parties of the Transaction	Buyer: Alramz Real Estate Company Sellers: 1- Mohammed Abdulaziz Mohammed Al-Majed 2- Mohammed Ibrahim Saeed Al-Khalifa
Transaction Financing Method	This transaction will be financed through the Company’s internal resources.
Date of Entering Into The Transaction	2026-03-30 Corresponding to 1447-10-11
Description of Activity of The Asset Subject of The Transaction	Development of a residential project comprising approximately (135) residential units (apartments), in accordance with the highest quality standards, and in alignment with the Company’s strategy to develop integrated residential projects.
Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction	Not applicable
Transaction reasons	This transaction comes as part of the Company’s strategy to expand in prime locations, as the project is situated in an area characterized by high demand and limited supply, which enhances the prospects of the project’s success and the achievement of the targeted returns.
Expected Impact of the Transaction on the Company and Its Operations	This transaction is expected to contribute to enhancing the Company’s financial performance during the years 2026, 2027, 2028.
Related Parties	None
Additional Information	None

Alramz Real Estate Co. Announces the Purchasing of Commercial and Residential Land Located in Al Malqa District, Riyadh. in the amount of 94,600,000 (SAR)