Expo 2030 Riyadh Partners for $853 Million Expo Village Development
Expo 2030 Riyadh and Saudi Arabia's Mohammed Al Habib Real Estate Company (MAHR) have signed a 3.2 billion Saudi riyal ($853 million) joint venture to develop the Expo Village residential project.
Expo 2030 Riyadh has partnered with Saudi Arabia's Mohammed Al Habib Real Estate Company (MAHR) in a 3.2 billion Saudi riyal ($853 million) joint venture to construct the Expo Village residential project. This development aims to provide accommodation for participants and delegations during the Expo, ultimately transforming into a permanent residential community post-event.
Project Scope and Features
The Expo Village will feature approximately 2,300 residential apartments, designed to house about 5,500 residents. In addition to living spaces, the development will include retail and dining outlets, various amenities, services, and operational facilities. The design and site preparation phases have been completed, with construction slated to commence as per the approved schedule.
Connectivity and Legacy
Connectivity is a key aspect of the Expo Village, which will be linked to the main Expo site via the Expo metro station. It will also have direct connections to King Khalid International Airport and the broader Riyadh transport network. This project represents the first residential joint venture for Expo 2030 Riyadh, with further residential developments anticipated as part of the Expo's legacy strategy.
Broader Infrastructure Development
Prior to this agreement, significant infrastructure contracts for Expo 2030 Riyadh have already been awarded. In April 2026, Al Yamama Company secured two packages for Main Utilities and Infrastructure Works, following an earlier award to Nesma & Partners in December 2025 for the first such package. Buro Happold, a global engineering consultancy, was appointed last year as the lead design consultant for the detailed master plan, public realm, landscape, infrastructure, and utilities of the Expo and its legacy components.
Expo 2030 Riyadh, spanning 6 million square metres, is scheduled to run from 1 October 2030 to 31 March 2031 under the theme 'Foresight for Tomorrow'. The six-month event expects to host 197 official participants and attract an estimated 42 million visits.
Questions, answered
- What is the total investment in the Expo Village project?
- The joint venture agreement for the Expo Village residential project is valued at **3.2 billion Saudi riyals**, equivalent to approximately **$853 million**.
- How many residential units will the Expo Village comprise?
- The development will include around **2,300 residential apartments**, designed to accommodate approximately **5,500 residents**.
- What is the timeline for Expo 2030 Riyadh?
- Expo 2030 Riyadh is scheduled to run for six months, from **1 October 2030 to 31 March 2031**, under the theme ‘Foresight for Tomorrow’.
- Who are the key partners involved in the Expo Village development?
- The Expo 2030 Riyadh authority has partnered with Saudi Arabia’s Mohammed Al Habib Real Estate Company (MAHR) for the joint venture.
- What is the long-term plan for the Expo Village after the event?
- After accommodating official participants and delegations during Expo 2030, the Expo Village is planned to transition into a permanent residential community.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.