Announced

Retal Heights

Skidmore, Owings & Merrill's Retal Heights rises as twin refined towers from a shared podium, one dedicated to an internationally operated luxury hotel and branded residences, the other to private apartments, their crowns dissolving into intricate illuminated latticework that responds to Riyadh's…

Official Website
TMW IntelligenceVerified Oct 11, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2026
Start
2029
Completion
176
Keys
366
Units
49
Floors
Scroll for details
Details

King Fahad Road, Riyadh. 49 floors, 366 residences and 176 hotel keys. Broke ground 2026, completing 2029. Financed with $500M from SAB Invest in June 2026.

The story so far
Announced 2026 est.
Financing secured Jun 3, 2026SAB Invest (Saudi Awwal Bank's investment arm) and Retal launched a SAR1.9bn ($500M) CMA-regulated real estate fund to build Retal Heights; Retal appointed exclusive development manager, earning SAR126M in fees; ~48-month build timeline from commencement
agbi.com
Expected groundbreaking 2026
Expected opening 2029
See the full story with Pro2 more dated, sourced milestones on this project, from announcement to opening.
Start free trial
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW Intelligence

The outlook for Retal Heights

Timing, similar projects and market pressure, read from every development in our database.

The Riyadh market 99 · Saturated supplyAl Malqa 26-project pipeline · 117,710 residences and keys · peak Late ’27 Explore the market →
Pro tools
Compare projectsSide by side with any projectAnalyze the marketSupply, pricing and timing
About the project

Skidmore, Owings & Merrill's Retal Heights rises as twin refined towers from a shared podium, one dedicated to an internationally operated luxury hotel and branded residences, the other to private apartments, their crowns dissolving into intricate illuminated latticework that responds to Riyadh's light and climate. The podium acts as a vibrant social hub with flexible event spaces, landscaped terraces, and a tranquil water garden binding the towers into a single lifestyle destination. Fine dining, international cafés, wellness, and leisure spaces orient toward panoramic city views, with a dramatic sky portal and infinity pool at the summit. The scheme was unveiled through a tactile timber model at Cityscape Global in Riyadh.

Common questions

Frequently asked

Where is Retal Heights located?

Retal Heights is located in Riyadh.

When will Retal Heights be built?

Retal Heights is an announced development that has not yet started construction, targeting completion in 2029.

Who is developing Retal Heights?

Retal Urban Development Company, Ajdan Real Estate Development is the developer behind Retal Heights.

Who designed Retal Heights?

Retal Heights was designed by Skidmore, Owings & Merrill.

How big is Retal Heights?

Retal Heights rises 49 stories with 366 residences and 176 hotel keys.