Retail Destination
Dareen Mall
Dammam
A regional retail destination on the Dammam Corniche serving the Eastern Province, with a diverse mix of shopping, dining, and family entertainment experiences.
Projects & Companies
A diversified portfolio of real estate assets across Saudi Arabia spanning retail, office, hospitality, and healthcare. Through strategic investment, disciplined asset management, and operational excellence, Alandalus Property Company continues to build and manage high-quality assets that deliver sustainable long-term value.
Projects & Companies
Our Investment Portfolio
Retail Destination
View ProjectAlandalus Mall
Alandalus Mall is one of Jeddah’s leading retail destinations, strategically located on King Abdullah Road opposite King Abdulaziz Square. The mall comprises 356 stores operated by 323 tenants across 101,644 sqm of Gross Leasable Area (GLA), on a total site of 148,481 sqm. Alandalus Mall maintained an occupancy rate of 99% in 2025, excluding the Boulevard area, and welcomed more than 10 million visitors. The destination offers a diverse mix of international brands, dining, entertainment, and lifestyle experiences, including a 15-screen cinema complex. The newly opened Boulevard area adds 15,000 sqm with 40 stores and 43 leased units. The asset is managed and operated by Alandalus Property Company.
Retail Destination
View ProjectHayat Mall
One of the largest mixed-use retail destinations in North Riyadh, Hayat Mall is strategically located on King Abdulaziz Road and serves as a premier shopping and entertainment hub. The mall features 355 stores operated by 297 tenants across 90,714 sqm of GLA, on a total site of approximately 226,108 sqm. It achieved an occupancy rate of 99% in 2025 and welcomed more than 9 million visitors, supported by a strong mix of international and local brands, dining, entertainment, and lifestyle offerings. During 2025, the mall advanced a programme of enhancements including solar energy systems, glass skylights, landscaping, upgraded parking, and dedicated electric vehicle charging bays. The asset is managed and operated by Alandalus Property Company.
Retail Destination
The Village Mall
Jeddah
A contemporary retail and lifestyle destination in northern Jeddah serving one of the city’s fastest-growing districts, with shopping, dining, entertainment, and sustainability-led features.
Community Center
Al Sahafa Center
Riyadh
A neighbourhood retail destination in northern Riyadh serving the daily shopping and service needs of the surrounding community.
Community Center
Tilal Center
Riyadh
A community-focused retail destination in the Al Malqa district of northern Riyadh, designed to meet the daily needs of nearby residents.
Community Center
Al Yarmouk Center
Riyadh
A neighbourhood retail destination in northeastern Riyadh serving surrounding residential communities.
Office
Alandalus Property Company Building
Riyadh
The Company’s headquarters in Riyadh’s Al Wadi District, wholly owned by Alandalus Property Company.
Future Projects
Under Development
Malqa Alandalus Project
Riyadh
A strategic new office development on King Salman Road in Riyadh, with an estimated built-up area of 30,004 sqm.
Future Development
Al Huda Park Project
Makkah
A 127,434 sqm land parcel in the Umm Jurfaan district southwest of Makkah, designated for the development of a commercial centre.
Future Development
Al Sawari District Land
Jeddah
A 130,477 sqm land parcel in the Al Sawari district of Jeddah. The optimal investment use is currently being determined.
Our Companies
Strategic platforms that support Alandalus Property across Saudi Arabia.
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Alandalus Educational Buildings Construction Company
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Alandalus Logistics Services Company
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Alandalus Housing Company
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Al Hayat Real Estate Company
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AlAhli REIT Fund 1
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West Jeddah Hospital
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Al Jawhara Al Kubra Company
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Alaswaq Almutatura Company
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Masat Real Estate Company
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Mawared Al-Tamayoz Real Estate Company
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Sorouh Al Marakiz Company
Key Partners & Operators
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DoubleTree by Hilton / Hilton
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Dr. Sulaiman Al Habib Medical Group
