ZOOD Real Estate Launches SAR 2.5 Billion Élevée Mixed-Use Community in Riyadh

ZOOD Real Estate has officially launched Élevée, a new SAR 2.5 billion eight-tower mixed-use development situated in Riyadh's Al-Nakheel district. The project, designed by Spanish architectural firm Elia and developed in strategic partnership with Jadwa Investment, is slated for completion by the end of 2029.

Project Scope and Vision

Élevée is envisioned as an integrated urban community, moving beyond traditional real estate to combine residential, hospitality, office, and retail components with significant green spaces. According to Eng. Yasser Al-Qazlan, CEO of ZOOD Real Estate, the project aims to create a sense of belonging and quality of life by blending Saudi identity with contemporary architectural design.

Key Components and Amenities

The development features:

• Three residential towers
• Two hospitality towers (housing a hotel and hotel apartments)
• Three office towers
• Two standalone retail buildings

More than 40 per cent of the project area is dedicated to open space and landscaping, including a central park, planted areas between buildings, a rooftop garden, and wide walkways. Amenities vary by building but include a nursery, children's club, business lounge, swimming pools, cafés, restaurants, a gym, civil defense centre, and 24-hour reception and security services.

Connectivity and Location

The Al-Nakheel district location offers excellent connectivity via the Northern Ring Road, providing easy access to the King Abdullah Financial District and King Khalid International Airport. The surrounding area is well-established with homes, offices, services, and schools.