Under Construction

New Murabba

Saudi Arabia · Mixed-Use

New Murabba is a roughly $50 billion downtown district rising northwest of central Riyadh, Saudi Arabia, developed by the PIF-owned New Murabba Development Company with masterplanning by AECOM.

Official Website
Last verified Jul 14, 2026
14.4 yrs to delivery
43%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2024
Start
2040
Completion
9000
Keys
104000
Units
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The story so far
Announced 2024 est.
Broke ground 2024
Under construction
Expected opening 2040
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

New Murabba is a roughly $50 billion downtown district rising northwest of central Riyadh, Saudi Arabia, developed by the PIF-owned New Murabba Development Company with masterplanning by AECOM. Its centerpiece is the Mukaab, a 400-metre cube — one of the world's largest built structures — wrapping some two million square metres of retail, residential, hotel, cultural, and immersive digital-experience space around a vast interior atrium. The wider district is planned to add tens of thousands of homes alongside hotels, offices, a museum, a technology hub, and green public realm, anchoring a walkable, car-lite quarter aligned with Saudi Vision 2030.

Developer & design
The Saudi Arabia market 0 · Balanced supplyNorthwest Riyadh 4-project pipeline · 104,000 residences and keys Explore the market →
Common questions

Frequently asked

Where is New Murabba located?

New Murabba is located in Saudi Arabia.

When will New Murabba be completed?

New Murabba is under construction, with completion expected in 2040.

Who is developing New Murabba?

New Murabba Development Company is the developer behind New Murabba.

Who designed New Murabba?

New Murabba was designed by AECOM.

How big is New Murabba?

New Murabba features 104000 residences and 9000 hotel keys.