May 2026
đź“Ł VC round data is live. Check it out!
Largest Real Estate Development Public Companies in Saudi Arabia
Benchmark revenue and EBITDA valuation multiples for public comps like
Umm Al Qura, Dar Alarkan Real Estate, Makkah Construction, Jabal Omar Devlopment and Taiba Investments.
 | Umm AlQura For Development And Construction Co specializes in developing the Masar Destination project and is responsible for supervising all technical, planning, administrative, and operational aspects of Masar Destination. The group is engaged in real estate activities represented in purchasing, selling and dividing of lands and real estate, off-plan sales activities, management and leasing of owned or leased (nonresidential) properties, in addition to the construction field of public works of residential buildings and non-residential buildings such as schools, hospitals, hotels, etc., and the construction of roads, streets, sidewalks, road supplies, and the construction of bridges and tunnels. | $4 | -35% | $6B | $8B | 9.6x | 26.9x | ||
| Dar Alarkan Real Estate Development Company along with its subsidiaries is engaged in the business of development, sale and leasing of real estate projects and associated activities. The company operates in reportable segments namely, Development properties, Leasing of properties and others. The majority of the revenue is generated from the development properties segment. | $5 | -14% | $5B | $7B | 6.8x | 17.0x | ||
| Makkah Construction & Development Co is engaged in developing construction projects such as developing facilities near the Holy Mosque of Makkah. The company's objectives are to Build up the areas around Makkah Holy mosque, own, develop, operate, and invest in the real estate around Makkah Holy mosque, and carry out all engineering works, survey, demolishing & construction works for the company projects. | $24 | -5% | $5B | $5B | 17.5x | 35.4x | ||
| Jabal Omar Development Co is engaged in the construction, management, and development of real estate properties located in the Omar Mountain area in Saudi Arabia. The company's segment includes, Operating Hotels; Commercial centers and Properties for development and sale. It generates maximum revenue from the Operating Hotels segment. | $4 | -28% | $5B | $7B | 12.1x | 7.6x | ||
| Taiba Investments Co is engaged in buying, selling, leasing, operating, and managing real estate, hotels, commercial centers, hospitals, recreational and other residential, non-residential and tourism facilities. It also include construction, development and maintenance of commercial, residential and other real estate facilities as well as contracting in architectural, civil, mechanical, electrical, agricultural, industrial, mining, credit and mortgage service. The company in engaged in four segments: Real estate sector, Tourism sector, Property management sector and Head office and others. Key revenue is generated from Tourism which includes the operation and accommodation of hotels, hotel suites and tourist resorts. | $5 | -44% | $3B | $3B | 8.5x | 18.5x | ||
| Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties. The company's reportable segments includes Residential business, Industrial development, Hospitality and leisure, Education services, and City operations. Key revenue is derived from its Residential business segment which includes revenue from sale/lease rental income of land and units for residential purposes. | $3 | -13% | $3B | $4B | 12.0x | 16.6x | ||
| Retal Urban Development Co is principally engaged in the purchase and sale of lands, investment in real estate, its division, and the off-plan sales, and general construction of buildings, and non-residential public building constructions, including schools, hospitals, and hotels. It operates in the Real estate development segment, Investment segment, and other segments. The company derives maximum segment from Real Estate Development Segment. | $3 | -15% | $2B | $2B | 3.1x | 15.3x | ||
| Saudi Real Estate Co is licensed to buy and sell land and real estate, subdividing them, conducting off-plan sales, and managing and leasing residential and non-residential properties, whether owned or rented. The company has six reportable segments Rental Sector, Property Sales Sector, Infrastructure projects sector, Construction projects sector, Facility management sector, and Head Office. The company generates the majority of its revenue from the Infrastructure projects sector. The company operates exclusively in the Kingdom of Saudi Arabia. | $4 | -21% | $2B | $2B | 4.1x | 9.4x | ||
| Arriyadh Development Co is functional in the Saudi Arabian real estate sector. The principal activities of the Company are the purchase and sale of lands and real estate, its division, off-plan sales activities, management and leasing of owned or leased out residential and non-residential properties, in addition to real estate development of residential and commercial buildings using modern construction methods, as well as the wholesale and retail sale of new and used private cars, including ambulances, minibuses and four-wheel drive vehicles. | $5 | -42% | $1B | $868M | 8.3x | 8.7x | ||
| Knowledge Economic City is engaged in developing real estate, economic cities, and other development projects including infrastructure, telecommunication networks, electricity plants, water treatment plants, and other works related to developing economic cities in the Kingdom of Saudi Arabia. The Company owns land parcels in Madinah Al-Munawarah and is the developer for transforming such land parcels into an economic city. The segments of the company are Real estate development and Investment, out of which Real estate development derives the maximum revenue for the company. | $3 | -10% | $1B | $2B | 37.3x | (480.1x) | ||
| Al Ramz Real Estate Co is engaged in comprehensive real estate development, managing each phase from land acquisition and concept development to design, construction, and marketing. The company's offerings include residential villas, commercial units, and mixed-use developments. Its field of activities includes: Construction, Accommodation and food services activities, Real Estate activities, Administrative and support services, Other service activities. The company derives its revenue from the sale of residential units and the leasing of commercial space. | $15 | -- | $641M | $834M | 2.6x | 9.4x | ||
| Dar AlMajed Real Estate Co is engaged in real estate development and investment activities. It builds high-quality residential villas and commercial buildings. It undertakes real estate planning and investment, contributing to the growth of the real estate market economy through projects spanning various regions of the Kingdom of Saudi Arabia, meeting customer needs and achieving investor objectives. The group operates in Commercial and Residential projects. | $2 | -- | $611M | $954M | 2.7x | 11.5x | ||
| Sumou Real Estate Co engaged in representing in the general construction of residential buildings, the general construction of non-residential buildings, including (schools, hospitals, hotels, etc.) construction of airports and their facilities, construction of prefabricated buildings, on-site, renovations, of residential and non-residential buildings, purchase and sale of land and real estate and its division, and off plan sale activities. | $8 | -28% | $395M | $388M | 2.7x | 9.7x | ||
| Alandalus Property Co is a real estate development company based in Saudi Arabia. The main activities of the Company include construction, ownership and management of centers, commercial and residential complexes in addition to general contracting of residential, commercial buildings, educational, recreational, health institutions, roads, dams, water and sewage projects, electrical and mechanical works. The activities also include maintenance and operation of real estate properties, buildings and commercial complexes as well as ownership, development and investment of lands and properties for the benefit of the Company and based on its purposes. | $4 | -33% | $381M | $619M | 9.6x | 24.0x | ||
| Ladun Investment Co engages in managing real estate and development activities and public investments. The company engages in the development of commercial, residential, and multi-use projects. | $1 | -23% | $326M | $583M | 1.9x | 86.5x | ||
| Red Sea International Co provides modular living and working environments for industrial and residential communities. It provides civil contracting for commercial and residential buildings; offers real estate property investment and development; production of paints, coatings, construction machinery, and equipment; repair and maintenance services. The company's reportable segments include: Non-concrete residential and commercial buildings being the highest revenue driver; General construction Rentals from investment properties; Paints and related services. It has a presence in Saudi Arabia, and Internationally. | $6 | -- | $309M | $412M | 0.4x | 7.6x | ||
| Median | $4 | -23% | $1B | $2B | 7.5x | 13.4x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.