Land and Real Estate

Building communities for a more beautiful tomorrow

Our commercial land and real estate business was established in 2012, following decades of proven experience with our owned property development.  Today, Abdul Latif Jameel Properties is a leading developer of residential and commercial communities in Saudi Arabia. 

Abdul Latif Jameel Properties’ capabilities encompass the broad spectrum of residential property development, employing state-of-the-art technology and construction techniques to deliver high quality, energy-efficient and affordable contemporary family homes; residential apartments, and lifestyle communities.  

In conjunction with residential community development, Abdul Latif Jameel Properties manages a land and property portfolio comprising corporate offices, automotive showrooms and service centers, logistics distribution centers, training facilities, and operational centers across the Middle East and North Africa, and from Europe to Far East Asia.  

And in 2017, Saudi Arabia’s largest facilities management business, Muheel, was created through a joint venture with Al Muhaidib Group.

Actively supporting the ambitious goals of Saudi Arabia’s Vision 2030 real estate and infrastructure project vision – which recently exceeded US$ 1.1 trillion – Abdul Latif Jameel Properties draws upon its leading position to seek to address the needs of the country’s growing population, creating lifestyle communities that offer beautiful, sustainable homes, recreational facilities and spaces designed for modern living.

Innovation and creative design add value, comfort, and a quality of life experience in communities with residents’ wellbeing at their core, to cater to clients’ aspirations, enriching the lives of the people we work with, through collaboration, care, integrity, and trust.

Three Townhouse Icon
4

Number of continents in property portfolio

Globe

“The Housing Program will resume its efforts to increase the percentage of Saudi families owning houses to 70% by 2030”

Saudi Vision 2030

Residential Communities

Designed for Living

Saudi Arabia’s population is continuing to rise, currently 34 million people and forecast to peak by 2060, at 45 million.  For this young vibrant society, affordable quality housing is a key Vision Realization Program of Saudi Vision 2030, sitting in closely together with Quality of Life, Fiscal Sustainability, Privatization, and Public Investment. 

At Abdul Latif Jameel Properties, we are contributing to achieve the Housing Program goal to increase the percentage of Saudi families owning homes to 70% by 2030.

Diversity icon
45 million

population forecast of Saudi Arabia by 2060

Single House Icon
500+

Number of residential units forecast for delivery by Abdul Latif Jameel Properties by 2025

Corporate Real Estate Development

Our corporate real estate development division takes care of our own in-house real estate needs and is equipped with both the design and construction expertise to deliver projects for our clients – from concept to completion.

To date, we have already managed and developed more than 100 commercial real estate projects of varied size, type and value. A small, illustrative selection of these is showcased below.

We’re helping to serve the region’s increasing appetite for commercial real estate development helping commerce and industry to flourish.  By working with urban planners and developers, we’re helping businesses identify the space and locations to develop large-scale projects to drive future economic growth.

With both the design and construction expertise, we are ready to deliver a wide variety of corporate future construction projects, from ideation to opening.  Abdul Latif Jameel Properties has already managed the successful delivery of more than 80 diverse projects from automotive retail, corporate offices, and warehousing, to logistics hubs and storage facilities.

Saudi Arabia’s GDP in 2022 is expected to expand by 7.6%, the fastest growth in almost a decade, and is likely to be one of the world’s fastest-growing economies as reforms power recovery from the COVID-19 pandemic.

International Monetary Fund, August 2022

Three Build
80+

commercial real estate projects delivered to date

Handshake
Broad

network of developments in Jeddah, Riyadh and Dammam

On the Horizon

Our real estate operations are expanding both into more MENAT region markets and beyond.

We’re constantly exploring new opportunities and long-term investments to provide our clients with the best solutions. We’re evaluating ways to partner with innovators, global market leaders, investors, landowners, and government entities that share our vision.

"The provision of sufficient levels of affordable housing represents probably the single greatest opportunity for the real estate industry in MENA."

Deepak Jain
Jones Lang LaSalle

Six People
2x

world average for MENA population growth

Three Houses
Working

to improve the landscape of Saudi Arabia’s major cities

Perspectives

Abdul Latif Jameel’s 'Perspectives' thought leadership series provides a unique and engaging insight into the challenges and opportunities seen in core developmental business sectors worldwide.

Learn more

Perspective

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