Park Group Signs Landmark Partnership with EHSAN AL QURASHI CHAIRMAN OF ABDUL SAMADAL QURASHI for Makkah Project

Dubai: UAE-based Park Group has announced a landmark partnership with EQ Holding, chaired by Ehsan Abdul Samad Al Qurashi of Abdul Samad Al Qurashi, to develop a high-rise studio service apartment tower in Makkah. The project, located in the Al Jummayzah district, aims to cater to the rising demand for premium accommodation among pilgrims and investors.

The ground-plus-18 tower will feature 126 studio service apartments, strategically positioned a short distance from Masjid Al-Haram. The development is being hailed as a spiritually significant investment that addresses the persistent demand for quality housing in Islam’s holiest city, especially during the Hajj and Umrah seasons.

Ehsan Abdul Samad Al Qurashi, Chairman of Abdul Samad Al Qurashi, expressed his pride in the collaboration, stating, “We have always been proud of our legacy in Saudi Arabia, and this collaboration with Park Group strengthens our mission to deliver world-class projects that enrich the Kingdom.” He added that the project reflects their commitment to meeting the needs of Makkah’s millions of visitors and setting new benchmarks for quality and service in the hospitality sector.

The tower is designed to provide essential facilities and services tailored for Makkah’s annual visitors. Its modern interiors, efficient layouts, and strategic service provisions are intended to offer a blend of comfort and convenience in a city where accommodation demand often exceeds supply.

Industry experts view the partnership as a sign of the growing trend of cross-border collaboration within the Gulf’s real estate sector. The alliance between a major Saudi entity and a leading UAE developer highlights the region’s shared ambition to expand its hospitality infrastructure to support the increasing religious tourism.