Alandalus Property

Driving Sustainable Growth, Creating Lasting Value

Discover our strategy, achievements, and investments that continue to strengthen our position as a leading real estate developer and support long-term value creation.

Our History and Growth

Discover our origins, objectives, leadership, and the values guiding our business and growth over the years.

Establishment

Company established as a Saudi Joint-Stock Company

Capital: SAR 238.9m

Alandalus Property was established in 2006 as a Saudi joint-stock company with an initial capital of SAR 238.9 million, laying the foundation for a diversified real estate investment platform focused on commercial centers and mixed-use developments across the Kingdom.

Establishment

Company Snapshot

Capital base to a strong public market presence. These key indicators reflect our stability, growth, and commitment to delivering long-term value — whether you're an investor, partner, or stakeholder.

93,3M

Listed Shares

48%

Free Float

20Y

Years of Operation

2006

Established

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 distinguished by corporate values through which it strives to achieve its goals, as follows:

  1. 1.Ambition
  2. 2.Passion
  3. 3.Determination
  4. 4.Trust
  5. 5.Participation

Main Activities and Objectives of the Company

Alandalus Property Company focuses on real estate development, investment, ownership, operation, and management across diversified real estate sectors. The Company's activities and investments are aligned with its strategy to create sustainable value, diversify revenue streams, and support long-term growth.

Alandalus Mall - Jeddah

Alandalus Mall - Jeddah

Hayat Mall - Riyadh

Hayat Mall - Riyadh

Dareen Mall - Dammam

Dareen Mall - Dammam

The Village Mall - Jeddah

The Village Mall - Jeddah

Sahafa Center - Riyadh

Sahafa Center - Riyadh

Tilal Center - Riyadh

Tilal Center - Riyadh

Yarmouk Center - Riyadh

Yarmouk Center - Riyadh

Explore Annual Report 2025

Growth Reinforces Sustainability

We invite you to take a look at our full report prepared in partnership with Al Andalus Corporate