Stella Stays expands presence in Riyadh

 

The proptech brand has added two buildings—one on Malik Fahad Road and the other in close proximity

 
May 9, 2024 PropTech
 

Stella Stays expands presence in Riyadh
 

Stella Stays, the award-winning proptech company, offering customer-centric, technologically-supported living spaces, has recently inked contracts for two new buildings in Riyadh, Saudi Arabia, with the properties located in the vicinity of the prestigious Malik Fahad Road. While the addition of these buildings marks a significant milestone for Stella Stays, it also underscores the company's overarching mission; to provide enhanced user experiences and redefine the standards of modern living globally. 

Since its debut in Riyadh in June 2022, Stella Stays has welcomed over 100,000 guests, a testament to its compelling vision and operational excellence. The leading proptech company continues its impressive growth trajectory with the signing of the two new buildings, marking them as the company’s 3rd and 4th towers in Riyadh since launching in the Kingdom. The two new branded residences, set to open later this year, will offer guests Stella Stay's signature user-centric services, with modern sleek interiors and spacious, fully-equipped apartments, specifically designed to cater to guest’s needs. 

"Our journey since launching in Riyadh has been marked by significant achievements and learning. As we embark on the next chapter with our two new buildings, our mission remains steadfast: to innovate, excel, and satisfy our customers," said Mohannad Zikra, CEO and founder of Stella Stays. "This expansion is a strategic step towards our goal of becoming a globally recognised leader in branded residences."

The decision to expand Stella Stays' footprint in Riyadh aligns with the company's global vision of establishing a presence in key markets around the world. The two new buildings, located in Riyadh, offer a total of 162 units, further bolstering Stella Stays' presence in the region. Further, the towers represent the company’s “Show Up and Start Living” concept, offering modern, fully equipped apartments and co-working spaces, along with other recreational, commercial and community amenities.

"At Stella Stays, our mission goes beyond simply providing accommodation; we strive to create immersive living environments that cater to the evolving needs of our residents," added Mohannad. "Our branded residences are designed to offer a seamless blend of simplicity, technology, and convenience, setting a new standard for modern living."

Stella Stays' living spaces are distinguished by their emphasis on cutting-edge technology and personalized services. Each unit is equipped with smart home features that allow residents to control lighting, temperature, and security systems remotely. Additionally, Stella Stays' proprietary mobile app provides residents with access to a range of services, including concierge assistance, maintenance requests, and community events. By leveraging advanced technology, Stella Stays are able to offer residents greater convenience, security, and connectivity, ultimately enriching their daily lives.

Stella Stays' commitment to excellence and innovation has earned the company accolades from both residents and industry experts alike. With its further expansion into Riyadh, Stella Stays is poised to further solidify its position as a global leader in branded residences and set new benchmarks for tech-enabled living.

Riyadh proprty sector  Proptech  branded residences    

MORE FROM BUILT ENVIRONMENT

Optimising Asset Performance and Accelerating Decarbonisation
Optimising Asset Performance and Accelerating Decarbonisation

Graham Easton, UAE General Manager, ENGIE Solutions, speaks to Built Environment ME on how the company helps clients increase operational efficiency and reduce their energy costs through innovative solutions

November 6, 2024
How traditional building materials help preserve KSA’s heritage
How traditional building materials help preserve KSA’s heritage

Marco Fahd, Group Chairman and CEO of Versatile International explains what makes natural stones a sustainable choice for construction.

November 6, 2024
Green buildings and smart facilities are cornerstones of sustainable future
Green buildings and smart facilities are cornerstones of sustainable future

Adnan Jabri, General Manager, Ontegra

November 6, 2024
Sustainable and Green Developments
Sustainable and Green Developments

Zarah Evans, Co-owner & Managing Partner of Exclusive Links Real Estate Brokers speaks about sustainable developments in Dubai transforming the skyline and offering lucrative opportunities for developers and investors.

November 6, 2024
Enhancing holistic wellbeing
Enhancing holistic wellbeing

Jennifer Andal, Director – Owners’ Affairs speaks about how Better Communities Owner Association Management is leading the way in enhancing the quality of life for residents

November 6, 2024
DIFC continues to drive global action in shaping greener economies – Announces 2nd edition of the Future Sustainability Forum in Dubai
DIFC continues to drive global action in shaping greener economies – Announces 2nd edition of the Future Sustainability Forum in Dubai

DIFC’s forum aligns with vision of UAE’s leadership to fast-track the transition to greener economies through sustainable technology, banking and finance, renewable energy, and waste management.

November 4, 2024
Dubai Real Estate Sector Strategy 2033 poised to drive growth
Dubai Real Estate Sector Strategy 2033 poised to drive growth

The Dubai Land Department aims to strengthen Dubai’s position as a global innovation and sustainable growth leader

November 1, 2024 Real Estate
Giga-projects: Integrated technology solutions
Giga-projects: Integrated technology solutions

MRI Software explores the integrated approach and risk management strategies for successful project delivery

November 1, 2024
How Facilio is fueling growth of Saudi IFM
How Facilio is fueling growth of Saudi IFM

Prabhu Ramachandran, CEO of proptech firm, Facilio speaks to Fyna Ashwath regarding the huge potential of technology in scaling the growth of the FM industry in Saudi Arabia.

November 1, 2024
Engineering a New Era
Engineering a New Era

Paul Fraser, Director of Planning, Design and Engineering, Saudi Arabia at AtkinsRéalis speaks to Built Environment ME about the detailed planning behind Saudi Arabia’s strategic infrastructural shift

November 1, 2024
 
Subscribe to our newsletter