It is one of the endowments of The Late King Abdul Aziz and is located in Alhijra Street facing Hilton Hotel. It consist of 45 floors and contains 1608 different sizes distributed on both sides of the royal suites with a total flooring area of 1350 square meters.
Al Maqam Tower is distinguished from other towers of the project by featuring two entrances. With the main entrance over looking Al Hijra Street and second entrance providing accessibility from within the shopping centre. This faciliates ease enteries and exit especially during rush hours.
The investment period of the tower is 25 years starting from actual date of handover. A five star hotel management will manage the tower.
With increase in market demand, feasibility studies for investing in Al Maqam Tower conducted with absolute positive reserved assumption have shown that the return on investment is between 15% to 42% per annum depending on the operational option taken by investor.
The Al Maqam Tower is still made available for investor to purchase the whole building with right to manage the tower or owning part of it. The floors that the investor wishes to purchase may also be reinvested in many other various ways. Detail of this will be spelt out to investor during presentation.
It will be our honour for us to present to you this great opportunity, a secured investment in the holiest land of Islam and for the benefits of the two holy mosques. Where the heart yearns to pray in front of Kabah Baitullah and experience the moment of peace while paying our respect to our beloved Prophet Mohammad PBUH. Make this spiritual journey year to perform your religious duties to Allah the Almighty.
