2025
King Khalid Award
Recipient of the King Khalid Award in recognition of excellence in corporate responsibility and sustainable business practices.
A Leading Saudi Real Estate Developer
Alandalus Property Company is a Saudi joint stock company specializing in the investment, development, ownership, operation, and management of income-generating real estate assets across the Kingdom of Saudi Arabia. With a diversified portfolio spanning retail, hospitality, office, healthcare, and mixed-use developments, the Company creates high-quality destinations that deliver sustainable long-term value through operational excellence, disciplined investment, and responsible asset management.
Who We Are
Alandalus Property Company is one of Saudi Arabia's leading real estate developers and operators, with a diversified portfolio of income-generating assets across the retail, hospitality, office, healthcare, and mixed-use sectors. Through strategic investment, disciplined asset management, and operational excellence, the Company develops and operates high-quality destinations that serve communities, attract leading brands, and create sustainable long-term value for shareholders and stakeholders alike.
Scale & Performance
A diversified real estate platform delivering sustainable long-term value through income-generating assets across retail, hospitality, office, healthcare, and mixed-use developments throughout Saudi Arabia.
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Annual Visitors Across Destinations
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Portfolio Occupancy Rate
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Operating Destinations
SAR 0 Billion +
Market Capitalization (as at 31 December 2025)
What We Do
We invest in, develop, own, operate, and manage a diversified portfolio of real estate assets across key sectors.
Retail Destinations
Large-scale regional malls, community centres, and retail destinations designed to serve millions of visitors annually while creating vibrant commercial environments.
Commercial Offices
Strategically located office developments that support business growth and contribute to the Kingdom's evolving urban landscape.
Hospitality & Healthcare
Internationally operated hospitality assets and specialist healthcare facilities that complement the Company's diversified portfolio and support resilient long-term growth.
Growth & Evolution
Since its establishment in 2006, Alandalus Property Company has steadily expanded its portfolio of income-generating real estate assets, culminating in its initial public offering and listing on the Saudi Exchange (Tadawul) in 2016. Through disciplined investment, strategic partnerships, and operational excellence, the Company continues to strengthen its presence across key real estate sectors while delivering sustainable long-term value.
Vision
To become the most prominent real estate developer specializing in creating exceptional projects, destinations, and landmarks by leading the transformation from shopping and business-focused destinations to spaces that enhance interaction and connectivity among individuals in Saudi Arabia.
Mission
To develop and operate a portfolio of unique and distinguished destinations that enhance guest, customer, and community interaction through experiences that foster loyalty, increase visitation rates, and deliver sustainable value, ultimately achieving unparalleled growth.
Values
The Company is distinguished by corporate values through which it strives to achieve its goals, as follows:
- Ambition
- Passion
- Determination
- Trust
- Participation
Why Alandalus Property?
A set of investment advantages that reinforce our market position in the Kingdom and support our ability to achieve sustainable growth.
Strong Local Expertise
A deep understanding of the Saudi market allows us to read supply and demand dynamics, regulatory requirements, and tenant and investor behaviour precisely — reducing market entry risk and accelerating investment decisions. This is supported by institutional relationships with government entities, operators, and investors, and by practical knowledge of land prices, construction costs, occupancy rates, and rental values across major cities.
Projects with Sustainable Returns
We focus on assets that generate stable and growing cash flows rather than relying on short-term sales profits, developing leased assets under long-term contracts, building financial models on clear operating income, and maintaining multiple exit options through sale, refinancing, or long-term holding.
Integrated Project Management
We manage projects end to end — from feasibility study through development, construction, leasing, and asset management — reducing reliance on multiple parties, controlling costs and timelines, and maintaining regular performance reporting and financial transparency.
Direct Alignment with Saudi Vision 2030
We invest in government-supported sectors aligned with national development priorities, maximising the use of land within urban areas and integrating sustainability and social value into our developments, which lowers regulatory risk and strengthens our attractiveness to financing partners.
A Professional, Data-Driven Investment Approach
Every investment decision rests on comprehensive study: financial feasibility modelling, market analysis of anticipated project impact, and smart financing structures that balance debt and capital.
Flexible Investor Partnerships
We structure deals with high flexibility in capital allocation and entry options to suit different risk appetites and investment sizes, through development partnerships, public-private partnerships, build-to-lease arrangements, direct investment in existing assets, and participation at the land, development, or operational stage.
Awards & Recognition
View All Awards2024
International Investor Magazine
Best corporate governance
2024
International Investor Magazine
Property development of the year
2025
Golden Globe Tigers
Alandalus Property Company achieved Best Marketing Campaigns Award
2024
Retail and Leisure International
Alandalus Mall crowned Best Mall Design and Expansion Award
Governance & Transparency
Alandalus Property Company is committed to maintaining the highest standards of corporate governance, transparency, accountability, and investor communication, reinforcing stakeholder confidence and supporting sustainable long-term growth.
