Diriyah Company and Raffles Hotels and Resorts have announced the launch of Raffles Residences Diriyah, marking their first residential partnership. The announcement shows the two companies’ shared commitment to offering world-class luxury living in the “City of Earth.”

Launched during Cityscape Global 2024 in Riyadh, Raffles Residences Diriyah will offer 90 apartments and townhouses primarily featuring one-, two- or three-bedroom residences and seven spacious duplex accommodations. Residents will have full access to the world-class luxury facilities and amenities at the upcoming Raffles Diriyah hotel.

Raffles Residences Diriyah will bring together the elegance and spirit of enchanted glamor for which Raffles is known alongside Najdi architectural influences. This unique collection of residential homes is located in Diriyah South, close to the 3 km escarpment walk overlooking Wadi Hanifah, blending cultural legacy with modern luxury.

Announcing the release of the residences, Diriyah Company Group CEO Jerry Inzerillo said: “We are thrilled to unveil these exceptional luxury residences from a top-tier, esteemed hotel brand. Introducing these stunning Raffles Residences to Diriyah reinforces our commitment to world-class standards of excellence and quality that we are delivering at every step of our accelerating development journey.”

Omer Acar, CEO for Raffles Hotels and Resorts, added: “Raffles hotels and residences worldwide are located in destinations rich in history and heritage. With Raffles Residences Diriyah, we are offering residents an unparalleled living experience steps away from the 300-year-old UNESCO World Heritage Site of At-Turaif and overlooking the breathtaking natural landscape of Wadi Hanifah, putting homeowners in one of Saudi Arabia’s cultural centers. We look forward to welcoming residents from the Kingdom and wider region to enjoy these exceptional homes where they can experience the inspirational and glamorous lifestyle of Raffles while benefiting from the outstanding service and amenities at the forthcoming Raffles Diriyah hotel.”

Raffles Residences Diriyah is part of a comprehensive residential strategy by the Diriyah Company, which will create diverse living opportunities for more than 100,000 future residents. This wide-ranging plan underscores Diriyah’s vision to become a highly sought-after place for luxury living and community development.
 

As Saudi Arabia continues to make tremendous strides toward becoming one of the world’s most attractive tourist destinations, the Tourism Development Fund, the national enabler of the Kingdom’s tourism sector, has reaffirmed its commitment to advancing the industry. This was highlighted by signing an MoU with Dusit International, one of Thailand’s leading hotel and property development companies.
Officially announced at World Travel Market 2024 in London, the MoU will see TDF work closely with Dusit International to develop a range of world-class hospitality projects in the Kingdom.
In line with Saudi Vision 2030 and the National Tourism Strategy, the partnership is fully geared toward setting Saudi Arabia apart as a must-visit destination distinguished by a first-class array of luxury hotels and resorts.
The MoU marks the latest step taken by TDF to transform the Kingdom into a global hub of immersive tourism experiences, reiterating the fund’s focus on effective and truly aligned partnership-building to advance the Saudi tourism sector and fulfill the Kingdom’s potential as a leading player on the international tourism stage.
Renowned for its rich traditions, stunning landscapes, proud heritage and diverse range of spiritual landmarks and historic sites, Saudi Arabia is home to some of the most engaging tourist attractions in the world. Together with Dusit International, TDF will call attention to these places of interest and attract more visitors and travelers to embark on rewarding journeys and tourist experiences across the Kingdom.
Qusai Al-Fakhri, TDF’s CEO, said: “This MoU is a pivotal milestone in our strategy to attract world-class partners and create distinctive and sustainable tourism destinations in Saudi Arabia. We are pleased to be collaborating with Dusit International, whose expertise in hospitality aligns perfectly with our ambition to unlock the full potential of the Kingdom’s tourism sector. Together, we aim to shape extraordinary destinations that will have a lasting positive impact on the sector.”
SupHajjee Suthumpun, group CEO of Dusit International, said: “Dusit International is deeply honored to sign this MoU with Saudi Arabia’s Tourism Development Fund. This marks a significant milestone for us as we seek to bring our unique brand of Thai-inspired gracious hospitality to one of the world’s most dynamic tourism landscapes. Saudi Arabia is a key focus for our growth, and partnering with TDF provides invaluable opportunities to connect with high-potential investments across the Kingdom. We look forward to contributing to Saudi Arabia’s National Tourism Strategy and delivering hotel experiences that bring enduring value to all stakeholders.”
With more than 75 years of experience, Dusit International is an Asian hospitality group rooted in Thai heritage. It operates a diverse portfolio of brands, including luxury hotels and resorts, food businesses, hospitality schools, wellness centers, and hospitality-related services, with a presence in 19 countries across four continents.