Dar Al-Arkan launches SAR 500 mln residential project in Bosnia

Dar Al-Arkan Real Estate Development Co. launched sales of its SAR 500 million luxury vacation and housing development in Bosnia, the developer said in a statement today, March 16, 2021.

The development will incorporate contemporary villas inspired by local architecture and onsite facilities will include a clubhouse, cafe, supermarket, gym, spa, children’s playground and a 5-star boutique hotel.

Work will begin on site this summer and is expected to be completed in 36 months. Potential buyers will be invited to select their preferred site and choose their model of villa from a range of options.

Sidra, the 500,000 square metre gated community, is the largest single real estate project in Bosnia and will be surrounded by 20,000 native trees.

“After launching our project in Dubai, we are now expanding into Bosnia which presents a golden opportunity to purchase a piece of prime real estate in a highly desirable European destination and we believe it will attract Bosnian, Saudi and international investors,” said Yousef Bin Abdullah Al Shalash, chairman of Dar Al Arkan.