Element List	Explanation
Introduction	Hamad Mohammed Bin Saedan Real Estate Company announces the award of the contract for the Dar Hamad 3 Residential Units Project in Namar Suburb to Raya Al Omran One Person Company. The contract includes the construction of 32 residential units, with a total contract value of SAR 13,760,000 (inclusive of Value Added Tax (VAT).
Date of the Award	2026-07-21 Corresponding to 1448-02-07
Counterparty	Raya Al Omran One Person Company
Contract Value	The total contract value amounts to of SAR 13,760,000 (inclusive of Value Added Tax (VAT).
Expected Date for Signing the Contract	2026-08-13 Corresponding to 1448-02-30
Contract Details	Dar Hammad 3 is a residential development within the portfolio of Hammad Mohammed Bin Saedan Real Estate Company. The project spans 9,600 sqm and features 32 modern residential units designed to combine quality, privacy, and efficient use of space. It is thoughtfully planned to meet the needs of a wide range of homebuyers while reflecting the company's vision of developing sustainable residential communities in promising locations.
Related Parties	There is no relation