- KSA Sotheby’s International Realty to be exclusive broker for nine branded residences: ‘Baccarat Residences, Diriyah’.
- Agreement signed at ceremony by George Azar, Chairman & CEO of Saudi Arabia Sotheby’s International Realty and Diriyah Company DevCo President Mohamed Saad
- Announcement builds on Diriyah’s world class community centric developments, delivering an unprecedented quality of life with a unique sense of place.
DIRIYAH: Diriyah Company has signed an exclusive partnership with Saudi Arabia Sotheby’s International Realty to broker sales for nine luxury branded residences, ‘Baccarat Residences, Diriyah’, with George Azar, Chairman & CEO of Saudi Arabia Sotheby’s International Realty and Diriyah Company DevCo President Mohamed Saad signing the agreement.
Baccarat Residences, Diriyah will be one of a number of luxury living experiences offered by the Diriyah project as it becomes one of the most sought-after residential districts in the Riyadh area and across Saudi Arabia.
The residences are part of a major residential housing program offering a wide diversity of properties that will ultimately provide homes for over 100,000 people.
Welcoming the new agreement, Diriyah Company Group CEO Jerry Inzerillo said: “We are delighted to be partnering with Saudi Arabia Sotheby’s International Realty to broker the outstanding living experience that the Baccarat Residences, Diriyah have to offer. Sotheby’s Realty is a recognized leader in the luxury residential market in Saudi Arabia and reinforces our commitment at Diriyah to partnering with world-class excellence.”
The Baccarat Residences, Diriyah, offers nine exclusive residences featuring premium amenities tailored for discerning homeowners. Key features include private dedicated garages, elevators, external garden/sky terrace areas, swimming pools, and exclusive access to neighboring Baccarat hotel amenities and services.
George Azar, Chairman & CEO of Saudi Arabia Sotheby’s International Realty commented: “Securing the exclusive brokerage for Diriyah Company’s Baccarat Residences is an honor. This partnership underscores the strength of our global network and the growing economy of Saudi Arabia. As we deliver this culture-led development, we look forward to showcasing luxury living in Saudi Arabia to a worldwide audience. Together with Diriyah Company, we are poised to redefine urban planning and celebrate Saudi Arabia’s rich heritage and legacy.”
Baccarat Residences Diriyah marks the debut of Baccarat-branded residences in Saudi Arabia and represents the latest addition to Diriyah’s plans for more than 350 units of branded residences in prime locations across Diriyah. Other luxury residences in development include the Ritz-Carlton Residences, Diriyah and Corinthia, Diriyah.
Diriyah Company is a dynamic mixed-use developer redefining urban planning to transform Diriyah, The City of Earth, into a thriving capital of culture, entertainment, education, and the arts. Diriyah links the Kingdom’s past, present and future introducing visitors to the charm and generosity of Najdi culture as well as the symbol of inspiration for generations of creatives, innovators, entrepreneurs, and educators to come.
About Diriyah:
Diriyah, Saudi Arabia’s premier historical, cultural, and lifestyle destination, is a key component of Saudi Arabia’s 2030 Vision. A short 15-minute drive from Riyadh’s city center, this 14-square-kilometer development holds historical significance as the birthplace of the Kingdom of Saudi Arabia, dating back to 1727. Currently being developed by Diriyah Company, Diriyah is undergoing a transformation into an authentic Najdi-style mixed-use urban community. Diriyah’s centerpiece is At-Turaif, the UNESCO World Heritage Site inscribed in 2010, showcasing the ancient adobe capital city of the First Saudi State, dating back to 1766.
Upon completion, Diriyah will host 100,000 residents, workers, students, and visitors, offering a diverse range of cultural, entertainment, retail, hospitality, educational, and residential spaces. The first of those spaces include Bujairi Terrace, Riyadh’s new premium dining hub with over 20 global and local restaurants and cafes that enjoy uninterrupted views of At-Turaif. Bab Samhan, a Luxury Collection Hotel is the first hospitality offering in Diriyah, with providing a tranquil experience with panoramic views of Wadi Hanifah. Diriyah’s development provides a dynamic environment that celebrates Saudi Arabia’s rich cultural history.
About Diriyah Company:
Diriyah Company was established in 2023 and joined the Public Investment Fund’s (PIF) portfolio of giga projects. The Company is responsible for developing the Diriyah project, the birthplace of the Kingdom of Saudi Arabia and its foremost historical, cultural and lifestyle destination. A dynamic mixed-use developer, Diriyah Company is redefining urban planning to develop Diriyah, “The City Of Earth”, while adhering to the highest design, development, and preservation standards. The company ensures Diriyah’s cultural landmarks are complemented by world-class retail offerings, fine-dining experiences and leading hospitality brands.
As a PIF company, its mission focuses on opportunities in development, hospitality, investment, retail and office leasing, along with strategic asset management, underscoring the commitment to ensuring successful business outcomes and sustainable growth under the strategic direction of Vision 2030. The Diriyah Company actively forges long-term partnerships to realize its vision of establishing Diriyah as one of the world’s greatest gathering places.
