We Are ROSHN

ROSHN Group is Saudi Arabia's leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, serving as a key enabler of Saudi Vision 2030. ROSHN is transforming the urban landscape with human-centric, integrated developments that elevate connectivity and enhance the quality of life across the Kingdom

Communities

Our residential communities are distinguished by their vibrant and fully integrated design, offering a diverse range of homes to suit all preferences and budgets—from elegant apartments to luxurious villas.

By ROSHN Group

As a national champion of destination real estate, ROSHN Group is redefining urban landscapes with a diversified multi-asset strategy. Beyond residential communities, ROSHN integrates commercial, hospitality, healthcare, education, retail, transport, logistics, and entertainment assets—creating dynamic, human-centric environments. With a holistic approach to development, ROSHN elevates quality of life, fuels economic growth, and aligns seamlessly with Vision 2030’s transformative aspirations.

Redefining Living Experience in North Jeddah

MARAFY is the first fully integrated, mixed-use destination developed by ROSHN Group, redefining lifestyle in North Jeddah and positioning it as a world-class waterfront destination. Centered around an impressive 11-kilometer water canal, the first-of-its-kind in the Kingdom, MARAFY features scenic pedestrian promenades, premium retail shops, floating restaurants, luxury hotels, and beautifully landscaped parks, all complemented by a vibrant mix of cultural and entertainment attractions.

Retail

Retail

Offices

Offices

Residential

Residential

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100+m

Wide urban water canal

130K+

Expected residents

9.4M+

Integrated mixed-use area

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The Next Chapter of Urban Living in North Jeddah

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Transformative Destination, Immersive Experiences

MARAFY is set to elevate Jeddah to new heights, contributing to the goal of becoming among the world’s global top 100 most livable cities. This mixed-use, transformative development will create a vibrant urban ecosystem, combining world-class retail, entertainment, hospitality, and residential spaces, making it a global destination that will attract attention from around the world.

Transformative Destination, Immersive Experiences

The First-of-its-kind Canal in the Kingdom

Stretching 11 kilometers long and 100 meters wide, MARAFY Water Canal is Saudi Arabia’s first-of-its-kind waterfront corridor fed by the Red Sea. This vibrant waterway serves as a key mobility hub, featuring a new marina and modern transit options like water taxis, jetties, and bridges that will create a vibrant and attractive waterfront and enhance walkability and connectivity across MARAFY.

The First-of-its-kind Canal in the Kingdom

Sustainable Development

MARAFY is a blueprint for the future, seamlessly blending cutting-edge technology with sustainable design principles. Prioritizing pedestrian and cycling pathways, multi-modal transport, and green spaces, MARAFY will set new standards for urban living in Saudi Arabia, offering a dynamic environment that promotes social interaction, well-being, and future-forward lifestyles.

Sustainable Development

A New Way of Living

MARAFY will offer a diverse and integrated mix of residential, commercial, cultural, and recreational spaces. From innovative work zones to vibrant retail, hospitality, and leisure facilities, this immersive destination will deliver an unparalleled, holistic living experience for both residents and visitors.

A New Way of Living

MARAFY & ALAROUS COMMUNITY

Expanding Horizons of Lifestyle

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Nestled along the vibrant waterfront canal, ALAROUS community seamlessly blends with its surroundings to offer a truly exceptional living experience that redefines modern lifestyles. From exhilarating water sports and waterfront dining to renowned retail brands, scenic walkways, and dedicated cycling tracks, MARAFY enriches daily life in ALAROUS, infusing it with energy, vibrancy, and a dynamic sense of community.

Will this development result in further property expropriation?

Property expropriation occurs only after detailed studies of the targeted project area to ensure alignment with the public interest. Projects are announced in compliance with laws and regulations, and no action is taken suddenly.

Why was a land freeze imposed in MARAFY project area?

The temporary freezing of the land is a standard practice in large-scale development projects. This step is implemented by authorized and specialized entities, following approved regulations and mechanisms that protect the rights of all stakeholders in alignment with the legal procedures. Property owners’ rights are fully safeguarded under the "Law of Eminent Domain and Temporary Taking of Property".

What is the current situation and what are the next steps?

Coordination is underway with the relevant authorities to ensure the protection of property owners' rights in the area, in full compliance with applicable local laws in such cases and in alignment with international standards.

Will I lose my investment in the land or the buildings on it?

All property owners will be fairly compensated for their properties, within the project boundaries, in accordance with the provisions of the "Law of Eminent Domain and Temporary Taking of Property".

What is the valuation mechanism?

Compensation and property valuation will be conducted according to the procedures outlined in the "Law of Eminent Domain and Temporary Taking of Property" as well as the relevant laws and decisions.

What is the compensation process?

Compensation and property valuation are carried out in accordance with the procedures outlined in the "Law of Eminent Domain and Temporary Taking of Property" as well as the relevant laws and decisions.

When will the expropriation take place and the compensation be received?

Expropriation begins once the project scope is officially announced and all required studies have been completed. Compensation will then be provided, based on a thorough valuation of the property in accordance with the "Law of Eminent Domain and Temporary Taking of Property".

How do I know if my land falls within the boundaries of MARAFY?

The project scope and details will be announced in the near future.

Roshn Group