Cheval Collection is strengthening its presence in Saudi Arabia, with the planned opening of its latest serviced-apartment project, Cheval Maison Sulaymaniyah, in Riyadh in 2028.
The UK-based hospitality company has partnered once again with Ladun Investment Company. Importantly, the move reinforces its commitment to the kingdom’s fast-growing tourism and real estate sectors.
A strategic project in Riyadh
Cheval Maison Sulaymaniyah will feature around 150 contemporary serviced apartments, including studios as well as 1- and 2-bedroom units tailored for long-stay guests. In addition, the property will offer a gym, swimming pool, public memberships and a curated selection of food and beverage outlets.
Construction is expected to begin in 2026. Significantly, the development’s location near King Salman Park positions it within one of Riyadh’s most dynamic urban areas.
The new project builds on Cheval Collection’s growing Middle East portfolio, which includes Cheval Maison The Palm Dubai and Cheval Maison Expo City Dubai.
Moreover, this second collaboration reflects strong confidence in Saudi Arabia’s hospitality growth. At the same time, it responds to rising demand for flexible, high-quality serviced-apartment offerings aligned with evolving traveler preferences and Vision 2030 objectives.
Mohammed Alawadhi, managing director, Cheval Collection, said: “We are delighted to partner with Ladun Investment Company again. Their decision to collaborate with us on a second property is a testament to the strength of our brands internationally. Furthermore, this agreement highlights the advantages of working with a company that brings decades of proven expertise. Saudi Arabia is experiencing remarkable growth and we are proud to support the kingdom’s Vision 2030 strategy.”
