Masar Destination
   HOME

TheInfoList



OR:

Masar Destination (), simply known as Masar, is a mixed-use real estate development project under construction in
Mecca Mecca, officially Makkah al-Mukarramah, is the capital of Mecca Province in the Hejaz region of western Saudi Arabia; it is the Holiest sites in Islam, holiest city in Islam. It is inland from Jeddah on the Red Sea, in a narrow valley above ...
,
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...
. The Masar Destination project is developed by Umm Alqura for Development and Construction (UAQ), one of the companies owned by the Saudi
Public Investment Fund The Public Investment Fund (PIF; ) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of billion. It was created in 1971 for the purpose of investing funds on be ...
. The project was officially announced by UAQ in June 2020. Masar will be 3.65 km long and 300 m wide, leading to the
Masjid al-Haram Masjid al-Haram (), also known as the Sacred Mosque or the Great Mosque of Mecca, is considered to be the most significant mosque in Islam. It encloses the vicinity of the Kaaba in Mecca, in the Mecca Province of Saudi Arabia. It is among the ...
. Masar will contribute to Saudi Arabia's Vision 2030 objective to increase the capacity to host pilgrims to 30 million by the year 2030. In addition, it is intended to diversify the
Saudi economy The economy of Saudi Arabia is highly reliant on its petroleum sector. Oil accounts for approximately 30% of Saudi GDP and 55% of government revenue, with substantial fluctuations depending on oil prices each year. The kingdom has the seco ...
away from
oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturate ...
by creating 16,000 jobs.


History

Masar, which means “path” in Arabic, was officially announced by Umm Alqura for Development and Construction Company on 28 June 2020 as part of Vision 2030. The destination is designed by architecture firms One Works and
RMJM RMJM (Robert Matthew Johnson Marshall) is one of the largest architecture and design networks in the world. Services include architecture, development management, engineering, interior design, landscape design, lead consultancy, master planning ...
. In October 2022, Masar Destination closed a $2 billion deal to construct 7 towers including 1,300 hotel rooms in the
Future Investment Initiative The Future Investment Initiative Institute, or FII Institute, is a non-profit organisation run by the Public Investment Fund, Saudi Arabia's main sovereign wealth fund. The Future Investment Initiative was announced in September 2017 by Saudi A ...
. According to the CEO, the project will include 24,000 hotel rooms and 13,000 residential units by the time of completion. In addition, it will host 158,000 visitors annually.


Gallery

File:Masar Destination March 2025.jpg, Masar Destination's construction progress as of March 2025


See also

* List of Saudi Vision 2030 Projects *
Saudi Vision 2030 Saudi Vision 2030 (, sometimes called Project 2030) is a government program launched by Saudi Arabia which aims to achieve the goal of increased diversification economically, socially, and culturally, in line with the vision of Saudi crown pri ...
* Rua Al Madinah * Jeddah Central *
Neom Neom (styled NEOM; , ) is an arcology and planned city being built by Saudi Arabia in Tabuk Province. Launched in 2017 by crown prince Mohammad bin Salman, the site is at the northern tip of the Red Sea, due east of Egypt across the Gulf of A ...


References

{{reflist Planned communities in Saudi Arabia Tourist attractions in Saudi Arabia


External links


Official Website

Virtual Exploration