HomeEconomySaudi Arabia's Ambitious Vision: Introducing Marafy - The Iconic Waterfront Megacity

Saudi Arabia’s Ambitious Vision: Introducing Marafy – The Iconic Waterfront Megacity

Saudi Arabia continues to redefine the future with another groundbreaking project, following the grandeur of Neom. Marafy, the newly announced megacity, is set to grace the northern outskirts of Jeddah, offering an iconic waterfront reminiscent of London’s charm. This ambitious endeavor, driven by ROSHN Group and backed by Saudi Arabia’s Public Investment Fund (PIF), is set to transform the landscape and lifestyles of the region.
Marafy’s vision encompasses a mixed-use land development that blends urban living with a serene marine environment. The city’s core is adorned with a spectacular man-made canal, stretching over seven miles (11 kilometers), designed to accommodate 130,000 residents. This navigable canal, a hundred meters wide, will connect and extend Obhur Creek, forming the heart of Marafy and serving as a focal point for multiple distinctive districts.
The inspiration behind Marafy is to infuse the essence of a maritime environment into the historical city of Jeddah. This city, known for its centuries-old tradition of welcoming traders, travelers, and pilgrims, is now poised to embrace the future with a modern and innovative twist.
Marafy isn’t just another real estate venture; it’s a gamechanger in the region’s development landscape. David Grover, Group CEO of ROSHN Group, expressed, “Marafy will be a gamechanger in the real estate development sector, raising the bar of development in the region, boosting the quality of life, and creating a huge impact in Jeddah.” He believes that Marafy is an iconic project that will catapult Jeddah onto the global stage as a world-class destination.
The city’s waterfront districts will be seamlessly connected to each other and the broader Jeddah area through an inter-modal transport system, offering water taxis, buses, and a subway system. Additionally, Marafy will enjoy a direct link to the King Abdulaziz International Airport, enhancing accessibility and convenience for its residents.
Marafy is yet another testament to Saudi Arabia’s visionary approach to urban development. This project follows in the footsteps of Neom, the mega-city under construction on the Red Sea coast. Crown Prince Mohammed bin Salman (MBS) has positioned Neom as a transformational city that will redefine the Saudi economy and serve as a technological testing ground. With a colossal budget of $500 billion, Neom is set to introduce groundbreaking features like flying elevators, an urban spaceport, and architecturally stunning structures.
The Kingdom of Saudi Arabia’s continued commitment to such bold and visionary projects demonstrates its unwavering dedication to shaping a vibrant and innovative future. As the world watches in anticipation, Marafy and Neom represent the Kingdom’s resolute journey towards a new era of progress, technology, and prosperity.
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