A Bold Step Toward a New Residential Era in Madinah
Madinah, Saudi Arabia, is stepping into a new chapter of urban living as **Knowledge Economic City (KEC)**, the pioneering publicly listed developer shaping the city’s transformation, announces a **landmark joint-venture agreement** with *Maison Prive Holiday Homes Rental L.L.C.*. This strategic alliance creates a company dedicated to short-term residential rental (STR) management, setting a new standard for elegance and efficiency in accommodation.
From pilgrims seeking comfort near sacred sites to business travelers desiring convenience and style, this initiative will offer an experience beyond the ordinary. The STR management platform will not only provide fully furnished residences but also deliver a seamless guest journey—from smooth online booking to personalized concierge, wellness services, and curated travel coordination.
Transitioning from vision to reality, this partnership captures the heartbeat of modern tourism in Madinah while respecting its deep cultural heritage. It is more than a real estate project; it’s a hospitality evolution.
Introducing Al Alyaa – A City Within a City
The first gem in this venture’s crown is **Al Alyaa**, KEC’s flagship mixed-use community. This 226,000-square-meter development blends human-centered design with serene, landscaped gardens, vibrant retail spaces, and inspiring hospitality hubs. Its 1,490 residential units and 70,000 square meters of greenery create a sanctuary that fosters both community and comfort.
But Al Alyaa isn’t just about serene living—it’s also about smart investment. Through the unified hospitality and property-management model, homeowners gain more than a residence; they gain a financial opportunity. Flexible ownership and STR potential mean properties can serve as private retreats or income-generating assets, adapting effortlessly to market demand.
Maison Privee’s Grand Entry into Saudi Arabia
For Maison Privee, this partnership signals a powerful entry into the **Saudi market**. Managing Director Paul Mallee highlights their vision: a centralized management platform designed to maximize yields for investors while granting them unparalleled control. With the growing demand for flexible short- and long-stay options in Madinah, owners can now switch rental models at will—ensuring adaptability and profitability.
Ultimately, this joint venture is not just shaping buildings; it’s shaping lifestyles. In blending **Madinah’s timeless charm** with cutting-edge hospitality solutions, KEC and Maison Privee are reimagining what it means to stay, live, and invest in one of the world’s most revered cities.
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