Diriyah Company - Diriyah Project: Phase 2 (Diriyah 2)

General Information
Owner Diriyah Company
Masterplan Project (Parent Profile) DGDA – Diriyah Project – Ar Riyad
Location Riyadh, Riyadh Province, Saudi Arabia
Status --
Sector Construction, Mixed-Use, Mixed-Use
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 19
Estimated Budget Value ---
Contract Value 0
Net Value $39063m
Award Date December 2023
Completion Date December 2030
Last Updated On April 2025
ProjectId (Old, New) 410983, 410983


Diriyah Company (DC) is developing a new culture and lifestyle tourism destination megaproject known as the "Diriyah Gate Investment Program" on 7.1 million sqm located 20 minutes northwest of Riyadh’s city center, Saudi Arabia. The current profile is about Diriyah Gate 2 with total 5.2 million sqm GFA and 6.3 million sqm site area.

The US$27680 million project includes the following:

1. Construction of hotels (15 Luxury hotels & resorts)

2. Construction of residential zone (16,000 units)

3. Construction of retail units (268,000 sqm GFA)

4. Construction of road networks (60+ km)

5. Infrastructure works

6. Construction of 6 iconic landmarks

7. Construction of a gas farm (0.5 million liters)

8. Construction of car parking (46,000 spaces)

9. Construction of potable water network (50 km)

10. Construction of associated facilities

Second Section

07 April 2025

The JV of El Seif Engineering Contracting and Midmac Contracting Company has been appointed as the main contractor on the Boulevard Southwest: Royal Diriyah Opera House.

22 January 2025

The prequalification tender for the main contract has been issued on Northern Community: New Iconic Museum and the deadline for submission of prequalification documents is on January 22, 2025. Al Bawani and Trojan General Contracting amongst others were invited.

11 October 2024

Rider Levett Bucknall is working as the consultant on the project.

03 June 2024

Construction works are ongoing and the in-house division of Al Ayuni Investment & Contracting Company is working as the MEP contractor on the Diriyah Gate: Phase II: Infrastructure Package I project.

28 May 2024

Utilities Relocation Package: The main contract commercial bids submission has been further extended to June 3,2024 and techincal bids to June 29, 2024.

02 April 2024

Utilities Relocation Package: The main contract bid submission has been further extended to April 24, 2024.

29 February 2024

Utility Relocation Package: The main contract tender has been issued with bid submission due on March 27, 2024. (Source: MEED)

02 February 2024

Construction works have commenced on the project first packgae of the infastructre project.

06 December 2023

Al Ayuni Investment and Contracting Company has been appointed as the main contractor on the Diriyah Gate: Phase 2: Infrastructure Package 1.

14 November 2023

Diriyah Gate: Phase 2: Infrastructure Package 1 has not yet been awarded and the bids are under evaluation.

02 October 2023

Diriyah Gate: Phase 2: Infrastructure Package 1 has not yet been awarded and the bids are under evaluation.

19 September 2023

Binyah, Trojan & Al Ayuni amongst others have submitted the bids on the project and it is expected to be awarded soon.

03 August 2023

Binyah amongst others have submitted the bids on the Diriyah Company - Diriyah Gate: Phase 2: King Khalid Diversion Road project.

15 June 2023

The main contract bid submission date on DGDA - Diriyah Gate: Phase 2: King Khalid Diversion Road is on July 5, 2023 and the bid submission date on the Diriyah Gate: Phase 2: Infrastructure Package 1 is on July 14, 2023.