Stella Stays Inks Contracts in Saudi Arabia

Two new branded residences are set to open in Riyadh later this year

PropTech company Stella Stays 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, and continues its growth trajectory with the signing of the two new buildings, marking them as the company’s third and fourth 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 branded residences are designed to offer a seamless blend of simplicity, technology, and convenience, setting a new standard for modern living.

Mohannad Zikra, CEO and Founder of Stella Stays

“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 recognized 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.

“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 equipped with smart home features that allow residents to control lighting, temperature, and security systems remotely. Its mobile app provides residents with access to a range of services, including concierge assistance, maintenance requests, and community events.