The MoU pertains to the proposed construction and development of a 93-storey landmark tower in Jeddah, Kingdom of Saudi Arabia. The project is envisioned as a distinctive 360-degree twisting tower featuring panoramic sea views. The development will include a five-star hotel comprising approximately 350 rooms across the lower 14 floors and a diamond-shaped rooftop restaurant on the 93rd floor.
Dream City Builders is expected to undertake the complete Engineering, Procurement and Construction (EPC) scope for the project, including construction, finishing and handover.
Project Details
- Location: Jeddah, Kingdom of Saudi Arabia
- Project Area: Approximately 1,53,451 square metres
- Expected Project Duration: Approximately five years from commencement
- Estimated Revenue Potential: Approximately ₹1,800 crore for Dream City Builders over the project period
- Conditions: Subject to requisite approvals and commencement of the project
The disclosure was signed by Pravin Kumar Brijendra Kumar Agarwal, Managing Director and Chairman (DIN: 00845482), on September 7, 2026.