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      Home / Developers / Midad Real Estate
      The Riyadh developer building Four Seasons on the Jeddah Corniche

      Midad Real Estate

      Midad Real Estate Investment Company is a Riyadh-based developer working in luxury hospitality and mixed-use. Its Jeddah project is the one that made the company's name: a Four Seasons hotel and private residences on the Corniche, four towers designed by Skidmore, Owings & Merrill, linked by suspended bridges that each span 60 metres and carry eight floors. The bridges finished in November 2024 and are the largest of their kind in the Middle East. The residential side is small on purpose, 76 homes served by Four Seasons.

      HQ Riyadh, Saudi Arabia
      76
      Residences
      SOM
      Architect
      Jun 2027
      Handover
      THE TRACK RECORD

      Midad Real Estate's record.

      Midad works with operators rather than alone. The Jeddah scheme is run with Four Seasons, which manages the hotel and the residential service, with architecture by Skidmore, Owings & Merrill and interiors by Richmond International. That is a hospitality team rather than a housing one, and it shows in what the building offers residents.

      Delivery record

      Four Seasons Private Residences Jeddah is under construction. The structural milestone worth knowing is the suspended bridges between the towers, completed in November 2024, which is the part of the build that could not be recovered from if it slipped.

      HQRiyadh, Saudi Arabia
      TypePrivate
      Active projects1
      SIGNATURE COMMUNITIES

      Midad Real Estate flagship destinations.

      Branded residences, 1 to 6 bedrooms
      Four Seasons Private Residences Jeddah
      76 homes on the Jeddah Corniche, from 167.7 m² to 1,162.5 m², above a 247-room Four Seasons hotel. Handover June 2027.
      WHAT SETS THEM APART

      What makes Midad Real Estate special.

      Property types Branded residencesPenthousesDuplexesHotel
      Price segment Ultra-luxury

      Signature style

      Everything Midad sells in Jeddah sits inside one building with a hotel underneath it, so the homes come with hotel service rather than a residents' committee: concierge, security, valet, property management, and a spa and hammam on the amenity floors.

      Payment plans

      Midad sells on a five-instalment plan after a 35% down payment, with instalments every two months and the last 15% at handover. A booking of SAR 50,000 holds the unit and is not refundable.

      THE HONEST VIEW

      Strengths & considerations.

      Where Midad Real Estate shines
      • Live availability. Midad publishes unit-level stock through its sales system, so what is free, reserved or sold is visible rather than asked for.
      • A hotel operator on site. Four Seasons runs the hotel below and the residential service above, which is a different proposition from a managed building with a service contract.
      • Scarcity by design. 76 homes across four towers, against 247 hotel rooms, keeps the residential density low.
      • The Corniche address. The building is on the Red Sea waterfront, with Jeddah Central nine minutes away and the airport twenty-seven.
      Worth considering
      • One project. Midad's Saudi residential offering is this building, so there is no second scheme by the same developer to compare it against.
      • Ultra-luxury entry. The cheapest home in the building is far above the Jeddah average, which puts it in a different market from the rest of the city's stock.
      • Under construction. Handover is June 2027, so this is an off-plan purchase with the usual dependency on the build programme.
      • Availability moves. Stock is live, and a unit that is free today can be reserved by the time paperwork starts.
      1 ACTIVE PROJECT

      All projects by Midad Real Estate.

      Live from the catalog — sorted cheapest first. Click any card for the full property page.

      Four Seasons Private Residences Jeddah
      OFF-PLAN
      Jeddah · Jeddah

      Four Seasons Private Residences Jeddah

      1–6 Handover 2027
      From
      6,716,214SAR
      GOOD TO KNOW

      Common questions about Midad Real Estate.

      Who is Midad Real Estate?+

      A Riyadh-based developer working in luxury hospitality and mixed-use property. In Jeddah it is building the Four Seasons Hotel and Private Residences on the Corniche, with Skidmore, Owings & Merrill as architect and Richmond International on the interiors.

      What is Midad building in Jeddah?+

      Four towers on the Corniche holding a 247-room Four Seasons hotel and 76 private residences of one to six bedrooms, 167.7 m² to 1,162.5 m². The towers are joined by suspended bridges spanning 60 metres and carrying eight floors each, the largest in the Middle East, completed in November 2024.

      How does Midad's payment plan work?+

      A booking of SAR 50,000, which is not refundable, then 35% on signing the sales agreement. After that, five instalments of 10% every two months, and the final 15% at handover. That puts 85% of the price behind you before you get the keys.

      Can I see which units are still available?+

      Yes. Midad runs a live sales system, so availability, floor, size, orientation and price are visible per unit rather than quoted on request. We read it directly, which means the answer you get from us is the answer the developer's own system is giving that day.

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