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Alesayi Holding launched the Abraj Omar Hotel and Residences by MGallery, a SAR 2 bn luxury development in Makkah, according to a press release. Designed in collaboration with global firms Gensler, Dar Engineering, and Housing and Development Properties (HDP), the project will be managed by Accor under the MGallery brand.
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The expansive 60k sqm property will feature 200 luxury residences and 280 hotel rooms, accommodating up to 2k guests. Construction is expected to conclude in 2027, with operations set to begin in 2028. Upon completion, Abraj Omar is projected to generate over SAR 3.8 bn in returns.
