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Etoile by Elie Saad

From € 645,000
Saudi Arabia
Launch October 2023

Description

Etoile by Elie Saab is a real estate development in Riyadh, Saudi Arabia. For the first time, we are able to offer you a real estate project in which people of all nationalities are allowed to invest. Set in a huge area currently under development by the Public Investment Fund, Sedra by Rosh, the Etoile villas will benefit from all the knowledge of designer Elie Saab. With their superb design, the villas in this project are sure to appeal to investors looking for an opportunity. Investing in the first project open to all nationalities in this district of Riyadh not only has a strong symbolic value, but could also enable investors to generate handsome capital gains. Dubai Immo is pleased to offer you an analysis of the Etoile by Elie Saad project, including villa prices, payment terms, project photos and brochure. For further information or to reserve your villa, please do not hesitate to contact us.

The Sedra community in Riyadh

This is a huge community being developed by Roshn, a real estate development company financed by the Public Investment Fund, one of the financial arms of the Saudi Arabian government. Spanning nearly 20 million m2, this community north of Riyadh will offer villas in both modern and traditional styles. You'll find all the amenities you need right in the heart of this upscale community. International schools, supermarkets, restaurants, cafés, sports facilities, parks, clinics, mosques - everything has been provided for. This community is ideally situated to fit in with the huge renovation and development projects launched in recent years under the leadership of Prince Mohammed Bin Salman.

Elie Saab villas in Riyadh, capital of Saudi Arabia

These will be the very first residences to benefit from the "Elie Saab" signature in Saudi Arabia. Whether in Dubai, Qatar or London, Elie Saab residences are always among the most coveted and sought-after. The Lebanese-born designer Elie Saab now designs superb residences all over the world. Choose from 3-bedroom semi-detached or detached villas, or large 4-bedroom detached villas. The facades are both modern and traditional in style. Inside, you'll immediately recognize Elie Saab's inimitable style. From kitchens to bathrooms, the design will be particularly successful. As always with Dar Global, one of Saudi Arabia's leading developers, finishes will be impeccable. All villas will be built on 3 levels, with a garden and covered garage.

Prices for Etoile by Elie Saab villas in Riyadh

  • 3-bedroom villas (245 to 300m2) from AED 2.58M or €645,000
  • 4-bedroom villas (305 to 480m2) from AED 3.1M or €775,000

Payment plan and financing

The Dar Al Arkan developer offers you an interest-free payment schedule. It breaks down as follows:

  • 20% to be paid upon reservation
  • 10% to be paid from 20% of construction
  • 10% payable from 30% construction
  • 10% to be paid from 40% of construction
  • 10% to be paid from 50% of construction
  • 10% to be paid from 60% of construction
  • 20% payable from 80% construction
  • 5% payable on completion of work
  • 5% to be paid upon delivery of the keys

A 5% notary's fee will be payable at the same time as the final instalment, on completion of the work.

How to buy a villa in Saudi Arabia

The purchase process is very simple, and everything can be done remotely. Our agency has established links with the Saudi authorities, and we are able to offer you investment options, whatever your nationality.

To invest in real estate in Saudi Arabia, simply contact us using one of the forms on this page. Then, buying a villa or apartment can be a breeze:

  • Property selection
  • Down payment
  • Contract signature

You'll then have to meet your payment deadlines, right up to the handover of the keys.

Payment methods accepted by Dar Al Arkan

  • Bank transfer
  • Credit card
  • Bank cheque

Condominium charges

You'll have to pay condominium fees for upkeep and maintenance of the community. Co-property charges will be around €1,500 per year for smaller villas, and up to €4,000 per year for larger ones.

Expected delivery date

Completion is scheduled for the last quarter of 2025.

Financing simulation for the purchase of a villa in Étoile

3 rooms

3-bedroom villa
645.000 Financing included
  • 129,000€ at reservation
  • 64,500€ at 20% construction
  • 64,500€ at 30% construction
  • 64,500€ at 40% construction
  • 64,500€ at 50% construction
  • 64,500€ at 60% construction
  • 129,000€ at 80% construction
  • 32,250€ on completion
  • 32.250€ on handover
3 BEDS

4 rooms

4-bedroom villa
775.000 Financing included
  • 155,000€ at reservation
  • 77,500€ at 20% construction
  • 77,500€ at 30% construction
  • 77,500€ at 40% construction
  • 77,500€ at 50% construction
  • 77,500€ at 60% construction
  • 155,000€ at 80% construction cost
  • 38,750€ on completion
  • 38,750€ on handover
4 BEDS

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Characteristics of the property
Bar(s)
Barbecue
Electric charging stations
Stores
Kids Club
Club House
Secure community
Green spaces
Bicycle garage
gym
Jogging
Padel tennis
Parking
Secure parking
Pool
Shared pool
Bicycle path
Restaurant(s)
Rooftop
Games room
Sports hall
Tennis
Table tennis
Basketball court
Yoga

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