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Alramz launches 125,000sqm Masar Corner in Makkah; SAR 670m off‑plan sales on day one

Alramz and Masar launched the 125,000sqm Masar Corner development in Makkah, drawing SAR 670 million in off‑plan reservations from 51 countries on launch day; a SAR 251.8 million land sale was also signed.

Last updated: May changeBased on the sources listed at the end of this article.

Key facts

  • Alramz unveiled the 125,000 square‑metre Masar Corner project in Makkah (MEP Middle East).
  • The project recorded SAR 670 million in off‑plan reservations from buyers in 51 countries on launch day (EnterpriseAM).
  • Masar signed a SAR 251.8 million land sale agreement related to the development (Prop News Time).
  • The launch attracted strong international demand across 51 countries, signalling high pre‑sales for a Makkah real estate project.

Developers Alramz and Masar have publicly launched the Masar Corner project in Makkah: a 125,000 square‑metre mixed‑use development that recorded exceptionally strong pre‑sales on its first day. According to media reports, off‑plan reservations reached SAR 670 million from buyers in 51 countries on launch day, and Masar also signed a SAR 251.8 million land sale agreement tied to the scheme.

What changed

Alramz announced the Masar Corner project in Makkah as a 125,000sqm development intended to add new commercial and hospitality capacity in the city (MEP Middle East). EnterpriseAM reports that the launch generated SAR 670 million in off‑plan reservations from purchasers in 51 countries on the opening day (EnterpriseAM). Separately, Prop News Time covered a SAR 251.8 million land sale agreement signed by Masar in Makkah connected to the scheme (Prop News Time).

What it means for pilgrims from Germany and Europe

The Masar Corner project's size and early off‑plan demand suggest increased future hospitality and retail capacity in Makkah, which could support higher visitor volumes outside Hajj operational constraints. Pilgrims travelling from Germany and elsewhere in Europe may see more accommodation options close to Masjid al‑Haram as the development progresses.

Any impact on pilgrimage operations — for example crowd management near Tawaf and Sa'i routes, changes to access points, or alignment with the Nusuk platform and Nusuk services — will depend on later planning by developers and the Ministry of Hajj and Umrah. Broader transport and access considerations for pilgrims, including links with the Haramain High‑Speed Railway, Prince Mohammad bin Abdulaziz International Airport (Madinah) and King Abdulaziz International Airport (Jeddah), are matters for authorities and operators to coordinate as the project advances.

What happens next

Developers will continue sales and implementation phases; the SAR 670 million in off‑plan reservations and the SAR 251.8 million land sale mark a strong commercial start. Further operational details and timelines will be issued by the developers and public authorities in due course.

Sources

Frequently asked questions

What is the Masar Corner project?

Alramz describes Masar Corner as a 125,000 square‑metre development in Makkah (MEP Middle East).

How much was sold on launch day?

EnterpriseAM reports SAR 670 million in off‑plan reservations from purchasers in 51 countries on the first day of sales.

Was there a land transaction connected to the project?

Prop News Time reports Masar signed a SAR 251.8 million land sale agreement in Makkah linked to the development.

Will this affect pilgrims visiting Makkah and Madinah?

The project increases hotel and real‑estate capacity in Makkah; operational details such as access, crowd management, or Nusuk permit requirements remain under developer and authority planning.

Sources

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