King Abdullah Financial District
King Abdullah Financial District (KAFD)
The King Abdullah Financial District (KAFD) is one of the largest financial and urban developments in the Middle East, located in the heart of Riyadh. The district was developed to serve as a global hub for business, finance, and modern lifestyle, and it represents a key pillar of Saudi Vision 2030 aimed at diversifying Saudi Arabia’s economy and strengthening Riyadh’s position as an international economic center.
Project Overview
Current Developer: Public Investment Fund (PIF).
Development & Management Company: King Abdullah Financial District Development and Management Company.
Launch Year: 2007.
Location: Northern Riyadh, near King Fahd Road and the Northern Ring Road.
Area & Master Planning
Total Land Area: Approximately 1.6 million sqm.
Total Built-Up Area: Approximately 3.2 million sqm.
Number of Buildings: More than 95 buildings and towers.
Architecture & Design: The project was designed by over 25 international architecture and design firms.
Leading Design Firms
Foster + Partners
Henning Larsen Architects
Gensler
Main Components of the District
Financial & Office Sector
Over 900,000 sqm of modern office space.
Headquarters for banks, financial institutions, and international companies.
Smart infrastructure supporting financial technology and business innovation.
Residential Sector
Around 2,900 residential units.
More than 5,000 apartments located in modern residential towers.
Units with views overlooking the district’s distinctive urban skyline.
Hospitality Sector
More than 6,100 hotel rooms and serviced apartments.
A collection of international five-star hotels and branded residences.
Retail & Entertainment Sector
Premium shopping destinations and global retail brands.
Restaurants, cafés, and lifestyle experiences.
Cultural events, art exhibitions, music concerts, and entertainment activities.
Towers & Landmarks
The district includes the tallest skyscraper in Riyadh, standing 385 meters high with 80 floors.
A network of air-conditioned Skywalks connects the buildings across the district.
Public plazas and pedestrian-friendly urban spaces.
Sustainability
KAFD is considered one of the most sustainable large-scale developments globally. The project has achieved LEED ND Platinum certification, and its sustainability strategy includes:
Clean and efficient energy systems
Smart transportation solutions
Energy-efficient architectural designs
Strategic Location
KAFD is strategically positioned in central Riyadh and is easily accessible via:
Northern Ring Road
King Fahd Road
Thumama Road
The district is also located just minutes away from:
King Khalid International Airport
Downtown Riyadh
Major commercial and business hubs in the capital.