New Murabba: A new vision for Riyadh

 

New Murabba: A new vision for Riyadh

New Murabba is a planned mixed-use real estate development in northwestern Riyadh and easternmost Diriyah, Saudi Arabia. It was announced in February 2023 by Saudi Crown Prince Mohammed bin Salman as the world's largest modern downtown project.

The project is expected to cost over $48 billion and will be built on a 19-square-kilometer site. It will include over 104,000 residential units, 9,000 hotel rooms, 1.4 million square meters of office space, and more than 980,000 square meters of retail space. The project will also feature over 80 entertainment and culture venues, including a new landmark called The Mukaab, which is a giant cube-shaped building that will be the world's largest immersive virtual reality experience.


New Murabba is expected to be completed in phases, with the first phase scheduled to open in 2026. The project is expected to be fully completed by 2030.

The project is part of Saudi Arabia's Vision 2030 plan, which aims to diversify the country's economy and create new jobs. New Murabba is expected to create over 100,000 jobs and contribute over $10 billion to the Saudi economy each year.

The project has been praised by some for its ambitious scope and potential to transform Riyadh into a global hub for business, tourism, and culture. However, others have criticized the project for its high cost and potential to displace existing communities.


Overall, the New Murabba project is a major undertaking that is expected to have a significant impact on Saudi Arabia. It remains to be seen whether the project will be a success, but it has the potential to transform Riyadh into a global city.

The following are some of the potential benefits of the New Murabba project:

  • Economic diversification: The project is expected to create a significant number of jobs and contribute to the diversification of the Saudi economy.
  • Global hub: New Murabba has the potential to become a global hub for business, tourism, and culture.
  • Improved quality of life: The project is expected to improve the quality of life for residents of Riyadh by providing new housing, jobs, and amenities.
  • Sustainable development: The project is designed to be a sustainable development that will use renewable energy and water conservation technologies.

The following are some of the potential challenges of the New Murabba project:

  • High cost: The project is expected to be very expensive.
  • Displacement of communities: The project could displace existing communities in Riyadh.
  • Social and cultural impacts: The project could have a significant impact on the social and cultural fabric of Riyadh.


It is important to weigh the potential benefits and challenges of the New Murabba project carefully before making a judgment about the project. The project has the potential to have a significant impact on Saudi Arabia, and it is important to ensure that the project is implemented in a way that benefits all stakeholders.

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