Select Property Launches Vita Living Circle Square North in Manchester for Saudi Investors

Select Property Manchester has announced the global launch of Vita Living Circle Square North, a completed residential development in Manchester city centre. The project follows the successful completion of One Port Street in January, a SAR 808 million residential project where Saudi investors accounted for 33% of ownership.

As the first UK-based developer to establish an office in Saudi Arabia, Select Property Manchester offers a fully managed investment experience supported by local and international market expertise. The company aims to make UK property investment accessible from the Kingdom while strengthening economic ties between Saudi Arabia and the United Kingdom.

The launch comes amid growing outbound investment activity from Saudi Arabia, driven by Vision 2030 and its focus on economic diversification. Select Property Manchester reports increasing demand from Saudi investors for international real estate assets that support long-term financial planning. Total revenue from GCC investors has reached approximately SAR 444 million over the past five years.

Project Details and Features

Vita Living Circle Square North comprises 417 apartments across 35 storeys with panoramic city views in Manchester’s M1 postcode. The development is fully furnished and fully tenanted, positioned to meet demand from Saudi investors seeking stable, long-term returns. The scheme is located within Circle Square, a neighbourhood that has attracted international brands including Puma.

The development reports rental yields of up to 7.8% and occupancy of 98.5%. Buyers can complete immediately or structure purchases with a 10% initial payment and no further payments required until June 2027, with mortgage options also available. This flexibility allows investors to manage capital across domestic and international portfolios.

Manchester’s 51% graduate retention rate supports sustained local demand, with the development located within a five-minute walk of the University of Manchester, which has a significant number of Saudi students. The location also offers proximity to Middle Eastern cafés and restaurants, providing a familiar lifestyle experience for Saudi residents.

Saudi Investment Demand and Vision 2030

Richard Lonsdale, Regional Director in KSA at Select Property Manchester, said the company is seeing a clear evolution in investor behaviour as Vision 2030 continues to shape financial priorities. “There is increasing demand for high-quality, professionally managed international assets that provide both income and long-term security,” Lonsdale stated.

“There is increasing demand for high-quality, professionally managed international assets that provide both income and long-term security.”

Richard Lonsdale, Regional Director in KSA, Select Property Manchester

Mohammad Al-Dabaan, Business Development Manager at Select Property Manchester in KSA, noted a clear shift among Saudi investors toward hands-off opportunities that allow access to international real estate without day-to-day management involvement. “Select Property Manchester manages every aspect of the investment on behalf of investors, from acquisition through leasing and ongoing asset management,” Al-Dabaan said.

Company Expansion and Local Operations

Select Property Manchester confirmed continued investment in its local Saudi operations. The company has recruited a local business development team and appointed a Saudi marketing executive, with ongoing recruitment to expand its Riyadh-based team. With over 20 years of experience in international real estate and a UAE office since 2005, the company maintains offices in Manchester, Dubai, Shanghai, Hong Kong, and Saudi Arabia.

The developer’s track record includes the One Port Street brand, Affinity Living, Vita Living, and its Prestige Collection. Select Property Manchester also played a role in the development of Vita Group’s student portfolio through Vita Student and operates Manchester’s largest apartment-hotel operation, CitySuites. This network enables the company to provide locally informed advisory support while connecting clients across Asia and the Middle East with residential opportunities in the UK’s leading cities.

Future Outlook

The project launch reflects Select Property Manchester’s commitment to supporting Saudi investors seeking accessible, fully managed opportunities in globally recognised cities. The company continues to contribute to broader goals of portfolio diversification and international investment engagement under Vision 2030, positioning UK real estate as a stable long-term investment destination for Saudi capital.