Lucid Air announces new prices and benefits for Saudi buyers

Lucid Air is America’s most awarded new luxury vehicle, selected to Car and Driver’s ‘10Best’ list for 2024.
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Updated 25 February 2024
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Lucid Air announces new prices and benefits for Saudi buyers

Lucid Group, Inc., the manufacturer of electric luxury sports cars and grand tourers, announced that it is making it easier than ever for people to buy and own a Lucid Air — America’s most awarded new luxury vehicle, selected to Car and Driver’s “10Best” list for 2024.

With an expanded ownership experience, Lucid is directly addressing the reasons people most commonly cite as barriers to purchasing or leasing electric vehicles: price and ease of ownership.

“We are optimistic about the future of EVs and believe strongly that increased adoption is a necessary path toward reducing the impact of climate change,” said Peter Rawlinson, CEO and CTO at Lucid. “We have worked tirelessly to enable the Lucid Air lineup to deliver unsurpassed range and performance from less energy, and so I’m delighted that today we are able to share this benefit with our customers.”

Now starting at SR299,000 ($79,720) — exclusive of 15 percent VAT — the Lucid Air Pure rear-wheel drive is priced as Lucid originally envisioned and represents extraordinary value. The Air Pure RWD features a sleek exterior design that reflects Air’s title as the most aerodynamic car currently on the market. It offers an exceptional WLTP-estimated driving range of up to 747 km — more than any other electric sedan on the market from any brand besides Lucid. On the inside, its luxurious and spacious interior features sustainably sourced quality materials.

The Lucid Air Touring adds all-wheel drive and even greater performance, with two motors making a combined 620 hp. The Air Touring is now priced from SR333,500.

The Lucid Air Grand Touring, with its 819 hp, all-wheel drive, and astounding performance, is the first and only fully electric vehicle to reach up to 839 km of WLTP-estimated range. The Air Grand Touring is now priced from SR503,000.

The Lucid AIR Dream Edition is priced at SR646,900, while the Lucid AIR Sapphire is available for SR966,500.

Although Lucid Air is among the very fastest charging vehicles on the market today, the majority of Lucid owners prefer the convenience of charging their vehicles at home. To help ensure that new customers enjoy the best possible home charging experience, Lucid now provides a SR3,750 allowance toward the installation of a home charging accessory by an approved Lucid provider in Saudi Arabia.

Free scheduled maintenance for two years or 40,000 km (whichever comes first) is also now included with every new Lucid Air purchase, providing additional peace of mind for customers and complementing Lucid’s existing comprehensive new vehicle warranty. 


Ajdan cements role in major projects by signing MoU with King Salman International Airport in Riyadh

Updated 14 February 2026
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Ajdan cements role in major projects by signing MoU with King Salman International Airport in Riyadh

Ajdan Real Estate Development Company signed an MoU with King Salman International Airport during the Public Investment Fund & Private Sector Forum 2026. 

The MoU aims to explore areas of cooperation and identify opportunities for mixed-use real estate and commercial development that will enhance project quality and meet the highest standards of efficiency and excellence.

Representing Ajdan at the signing ceremony was its CEO, Eng. Mohammed bin Abdulmohsen Al-Otaibi, while Dr. Mohammed Al-Jarallah, deputy chief executive for real estate development, signed on behalf of King Salman International Airport. The MoU establishes a strategic framework for future cooperation and paves the way for a long-term partnership on a number of flagship projects.

Under this memorandum, Ajdan collaborates with King Salman International Airport on the development of mixed-use spaces and commercial facilities within the airport’s premises, building on its role as a national real estate developer delivering innovative projects that advance sustainable development. The company will leverage its expertise in the planning, design, and management of integrated commercial destinations to ensure project execution meets the highest standards of quality and sustainability.

King Salman International Airport is one of the Kingdom’s largest strategic development projects in terms of area and operational ambition. The airport spans approximately 57 sq. km, of which about 12 sq. km are allocated for mixed-use real estate development, in addition to fully integrated economic and logistics zones covering more than 3 million square meters. 

These developments will enhance the integration of real estate, commercial, and service activities. The airport targets handling 100 million passengers annually by 2030, supported by comprehensive upgrades to facilities, infrastructure, and logistics services, positioning it as an advanced multi-sector investment platform and a driver of economic growth.

Eng. Mohammed bin Abdulmohsen Al-Otaibi, CEO of Ajdan, stated: “We take pride in our collaboration with King Salman International Airport, which reflects Ajdan’s commitment to developing integrated destinations in line with global standards. Through this partnership, we aim to leverage our expertise to deliver innovative solutions that create sustainable value for the airport and enhance the visitor experience.”

KSIA Acting CEO Marco Mejia said: “These seven partnerships reflect our ambitious vision to transform KSIA into a fully integrated urban and economic ecosystem that goes beyond the traditional concept of airports. We are proud to collaborate with a distinguished group of leading national real estate developers whose deep expertise and strong track records will help deliver high-quality projects, create sustainable economic value, and further position the airport as a leading investment hub.”

This step is part of Ajdan’s strategy to expand its strategic partnerships and develop sustainable urban and commercial destinations that help improve the quality of life and support economic growth across the Kingdom.