Saudi Arabia’s Diriyah tenders Wadi Safar hotel contract
15 December 2025
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Saudi gigaproject developer Diriyah Company has issued a tender inviting firms to bid for a contract to build a Montage hotel and branded residences within its Wadi Safar masterplan in the Diriyah development.
The project comprises a 200-key hotel and 30 branded residences.
The tender was issued earlier in December with a bid submission deadline of 12 January.
Dubai-based SSH is the lead designer and the supervision consultant.
UK-headquartered Turner & Townsend is the project management consultant.
Wadi Safar is one of the original projects announced by Diriyah Company as part of the Diriyah project.
It is a mixed-use development featuring residential buildings, farm plots, hotels, branded hotel villas, a golf course, an equestrian and polo club and other leisure and entertainment facilities.
The main construction works on some of the other assets in Wadi Safar are under way.
In July last year, MEED exclusively reported that Diriyah Company had awarded an estimated SR8bn ($2bn) contract to construct assets in the Wadi Safar development of the Diriyah project in Riyadh to a joint venture of local firm Albawani and Qatari contractor Urbacon Trading & Contracting.
The joint venture is developing the following assets:
- The Aman Wadi Safar hotel and residences
- A Six Senses hotel
- A Chedi hotel and residences
- A Faena hotel and residences
- The Royal Diriyah Equestrian & Polo Club (excluding enabling works)
- The North and South Fairways retail facilities and a mosque
- The Grove retail facilities, mosque and clinics
So far this year, the company has awarded several main construction contracts worth over SR24bn ($6.5bn).
In November, Diriyah Company awarded two construction contracts with a combined value of over SR5.7bn ($1.5bn), as MEED reported.
The contracts were officially announced on the sidelines of the Cityscape Global event in Riyadh on 17 November.
The first contract was awarded to local firm BEC Arabia Contracting Company for the construction of offices in the Media and Innovation District of Diriyah.
MEED understands that the contract is valued at about $800m.
This project will deliver office spaces for media companies and creative agencies.
Within the same district, BEC Arabia will also build residential assets on the Manazel Al-Hadawi plots.
The other contract, estimated to be worth $900m, was awarded for the main construction works on King Khalid Road.
The deal was signed with another local firm, Almabani General Contractors.
The project involves constructing three interchanges connecting King Khalid Road with the northern and western ring roads.
The Diriyah masterplan envisages the city as a cultural and lifestyle tourism destination. Located northwest of Riyadh’s city centre, it will cover 14 square kilometres and combine 300 years of history, culture and heritage with hospitality facilities.
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> CONSTRUCTION: Aramco Stadium races towards completion
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