Rafal Residence, the vertical luxurious residential tower in Riyadh, which encompasses 11,000 m2 area, is located at Olaya Street in AlSahafa neighborhood north of Riyadh. Rafal Residence consists of 28 high-end floors, featuring 172 elegant apartments, in addition to 234 5-stars hotel apartments located in the first ten floors under Ascott's management — regarded as the most important high-class hotel apartments managing company in the world.