Ascott expands foothold in Saudi Arabia

Citadines Al Aziziyah Al Khobar

The Ascott Limited (Ascott) has signed for a brand-new property in Saudi Arabia, Citadines Al Aziziyah Al Khobar, which is set to open in late 2021.

Representing Ascott’s seventh residence in the Kingdom and the third in the city of Al Khobar, the 92-unit property is currently under construction on King Khalid Road in the popular Al Aziziyah district. The property will be made up of 36 studio apartments, 25 one-bedroom apartments and 30 two-bedroom apartments, as well as a 157m2 penthouse. Recreational facilities will include a residents’ lounge, swimming pool and gym, and a three-storey adjacent car park for visitors’ use.

Citadines Al Aziziyah Al Khobar will offer guests easy access to major transport links, as King Khalid Road itself is the city’s main arterial highway, while the nearby King Fahd Causeway links Saudi Arabia with Bahrain. Dammam railway station is a short drive away and connects the Eastern Province to the Saudi capital, Riyadh.

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Speaking on the signing was general manager – Middle East, Africa and Turkey, Vincent Miccolis: “We are very pleased to announce details of our latest serviced residence in Saudi Arabia, in partnership with Nebras Tourism Company. In the four years since we launched our first property in KSA, we’ve established a market-leading presence with an expanding portfolio of international-standard properties in key destinations.

“Citadines Al Aziziyah Al Khobar will appeal to both business and leisure travellers who seek modern comforts, business connectivity and customised services. Furthermore, the property’s impressive amenities will appeal to long- and short-term visitors who enjoy the convenience and flexibility of a centrally-located serviced apartment,” he concluded.