ZOOD Launches SAR 2.5bn Élevée Project in Riyadh

ZOOD Real Estate has launched Élevée, a mixed-use community in the Al-Nakheel district of Riyadh with an investment value exceeding SAR 2.5 billion. The project is scheduled for completion by the end of 2029.

Élevée comprises eight towers: three residential, two dedicated to hospitality, and three for offices, along with two separate buildings for retail. The residential component offers one- to three-bedroom apartments, as well as duplexes and penthouses.

The development is designed around roughly 25,000 square metres of landscaped green space. Announced amenities include swimming pools, a fitness centre, cafés and restaurants, a nursery and children's facilities, a business lounge, 24-hour reception, and security services.

Indicative Pricing

Publicly listed indicative prices start at around SAR 800,000 for one-bedroom units, approximately SAR 1.1 million for two-bedroom units, and about SAR 1.5 million for three-bedroom units. No official service fees, reservation fees, payment schedules, or unit-specific prices have been published in the available information.

For Riyadh residents and investors, the project adds to the growing supply of integrated communities in the capital that combine housing, offices, retail, and leisure in a single location. Al-Nakheel is one of the city's established residential areas, and the development is positioned to serve families and professionals looking for an all-in-one living environment ahead of its planned 2029 handover.

---

Stay updated with the latest news, events, sports updates, business insights, real estate and lifestyle stories on Saudi Living — the leading online platform for residents, expats, and visitors in Saudi Arabia.

Follow Saudi Living for daily updates:

• Instagram - @saudiliving
• X - @saudiliving
• Facebook - @saudiliving
• YouTube - @saudiliving