Ajdan develops Saudi lifestyle destinations combining residential communities, commercial and retail spaces, hospitality, entertainment, and waterfront uses. Its projects target Saudi families, residents, visitors, investors, and businesses through integrated urban development and partnership-led models.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Ajdan WalkAl Khobar | 8.7/ 10 | —/ 10 | 8.6/ 10 |
Google Reviews/Maps provides the largest published review base and sets the level at 4.6/5, converted to 8.8/10. The result is adjusted modestly downward for repeated crowding and operational-facility complaints, partly offset by repeated praise for cleanliness, ambience, parking, restaurant variety and the waterfront walk. No structural score is assigned because the published material reviewed did not report building-fabric or systems performance. | |||
no notes returned no links returned | Reviews describe Ajdan Walk as “neat and clean,” with a “beautifully designed” walking path, seating, restaurants and an atmosphere that feels “safe and family-friendly.” The main operational drawbacks are repeated weekend crowding (“في الويكند مرة زحمة”), complaints that security and organisation need improvement, and reports that accessible toilets or baby-changing facilities were unavailable; these are visitor reviews of a mixed-use leisure destination rather than resident-management reviews. | ||
| Ajdan RiseAl Khobar192 units | 8.2/ 10 | —/ 10 | 8.2/ 10 |
Google Reviews/Maps provides the qualifying anchor at 4.3/5 from 133 reviews, converted to 7.9/10 under the specified curve. The report contains repeated positive themes around views and dining/leisure, but no recurring negative theme; the physical-condition material is not a published building rating and therefore does not produce a structure score. | |||
The published building material describes Ajdan Rise as an all-concrete, completed residential tower and lists central air conditioning, security/cameras and direct maintenance services. A 2025 maintenance account reported that several marble surfaces and water features required restoration because of “visible wear and previous execution issues”; this is maintenance evidence, not a resident review or a reported structural failure. | The published reviews describe a “modern and clean vibe,” friendly staff, strong sea views and a good mix of cafés and restaurants; another reviewer called it a “great place for a date night” with beautiful scenery. The main operational reservation was that “parking might be a little tricky” at peak times, while one 2022 reviewer wrote, “Overpriced with average quality Appartments.” | ||
| AMC Ajdan Walk CinemaAl Khobar | 7.1/ 10 | —/ 10 | 6.9/ 10 |
The largest published review base is the 4.3/5 Google-derived aggregate from 2,455 reviews, which converts to 7.0/10 and sets the level. The other aggregates are close, while the written evidence shows strong comfort, cleanliness and audiovisual praise alongside repeated food-service and occasional equipment complaints, producing a modest net downward adjustment to 6.9. | |||
Reviewers generally praised the cinema's picture, sound and theater condition; one described the theater as having “great quality, clean” rooms with “perfect” sound and screen. Counterevidence includes a report that Screen 09 had “visible wrinkles,” a power outage during a screening lasting over 30 minutes, and complaints about broken recliners; these are operational/equipment observations rather than evidence of a broader structural defect. | The daily experience is usually described as comfortable, clean and premium: reviewers praise “very comfortable” seats, helpful staff, and strong sound and screens. Repeated operational complaints concern stale popcorn, limited food, understaffed or slow pickup/coffee counters, and waiting in line; one reviewer said the poor service made them late to the movie. |
Ajdan collaborates with NHC on the Darah residential programme, including more than 2,600 villas across several Saudi cities and provinces.
Al Muhaidib Group is identified as the Bayfront project owner while Ajdan is the developer.
TDF partners with the Eastern Region Municipality and Ajdan on the Ajdan Island tourism development project.
The Foundation partners with Ajdan and SEDCO Capital on an approximately SAR 3.8 billion mixed-use project in King Salman Park.
Masah Contracting was signed to carry out construction work on a 40-storey tower in Ajdan Infinity, Al Khobar.
Ajdan Real Estate Development Company, in cooperation with the National Housing Company, aims to offer more than 2,600 villas in several cities and provinces of the Kingdom
Al Muhaidib Group, the project owner, and Ajdan Real Estate Development Company, the project developer, have announced a strategic partnership with Le Café LPM to open the restaurant and café at Bayfront on the waterfront of Al Khobar Corniche.
The project aims to develop the Al-Khobar Water Tower area into an integrated tourist destination featuring world-class restaurants, seafront cafés, entertainment spaces, and a fully integrated commercial zone
Ajdan announced the development of an approximately SR3.8 billion mixed-use urban project financed through an investment fund in partnership with King Salman Park and SEDCO Capital.
Masah Contracting Company ... has announced that it has been signed up by Ajdan Real Estate Development for carrying out the construction work on a 40-storey tower
| none found |
| Saudi Arabia | active 4 projects tracked |
| Retail | 3 of 4 |
| Other | 2 of 4 |
| Residential, for sale | 1 of 4 |
| Office | 1 of 4 |
أنهى الفوزان دراسته وتخرج في عام 1989م من جامعة الملك سعود بالرياض – المملكة العربية السعودية من قسم إدارة أعمال – تخصص المحاسبة.
يشغل الفوزان منصب رئيس مجلس إدارة شركة بوان منذ عام 2011م، ورئيس مجلس إدارة شركة الفوزان القابضة منذ عام 2009م، ورئيس مجلس إدارة شركة أجدان للتطوير العقاري منذ عام 2007م
ورئيس مجلس إدارة شركة أجدان للتطوير العقاري منذ عام 2007م
عبدالله الفوزان رئيس مجلس الإدارة
Our main target is to create as many lifestyle destinations as possible with a focus on quality, whether it is in Khobar, Riyadh, Jeddah, or any other location in Saudi Arabia.MarcoPolis June 10, 2021https://marcopolis.net/ajdan-discussing-real-estate-lifestyle-development-solutions-in-saudi-arabia-with-mohammed-al-otaibi.htm
Ajdan is a downtown waterfront project which is the collaboration of a fantastic young team that we have.MarcoPolis June 10, 2021https://marcopolis.net/ajdan-discussing-real-estate-lifestyle-development-solutions-in-saudi-arabia-with-mohammed-al-otaibi.htm
Mohammed holds a Master’s Degree in Architecture (Honor Graduate) from Dammam University (previously known as King Faisal University), as well as a Bachelor’s Degree of Building Engineering from the College of Architecture Planning (King Faisal University).
• ZAMIL STEEL – Dammam, KSA – Project Engineer (July 2010 – June 2011)
Our main target is to create as many lifestyle destinations as possible with a focus on quality, whether it is in Khobar, Riyadh, Jeddah, or any other location in Saudi Arabia.
Ajdan is a downtown waterfront project which is the collaboration of a fantastic young team that we have.
Al Otaibi has been leading Ajdan since 2018.
As CEO of AlOula and Ajdan, Mohammed has been instrumental in providing executive leadership in managing more than 4.2 billion SR of real estate properties and assets across the MENA region, leading the project management team since 2011, managing project cash flows, time schedules, and overall qualities.
Saudi born businessman Mohammed Abdulmohsin Al Otaibi is the CEO of Ajdan Real Estate Development Company
Al-Muhaidib holds a bachelor's degree in statistics from King Saud University.
Essam bin Abdulkader Al-Muhaidib is currently CEO of Al Muhaidib Group
عصام المهيدب نائب رئيس مجلس الإدارة
He holds a BSc in Electrical Engineering and an MBA degree from King Fahad University of Petroleum and Minerals, and is a Chartered Financial Analyst (CFA)
Prior to his appointment with the Group, Mr. Al Shammari managed the investment portfolio of Saad Group and worked with Schlumberger Middle East as a Field Engineer.
Sayer Al Shammari is the Vice President of Real Estate Investments in Al Muhaidib Group. Since joining the team in 2009, he has served the Group’ s Public Equity, Private Equity, Hedge Funds and Real Estate business.
ساير الشمري عضو مجلس الإدارة
He holds a Bachelor’s degree with honours (HBA) with a Double Major in Economics and Employment Relations and graduated from IMD Business School’s Executive Education programme on High-Performance Boards.
Abdulatif is the Corporate Investment Director of Al Fozan Holding Co., where he leads the private investment division’s activities.
عبداللطيف الفوزان عضو مجلس الإدارة
Eng. Kamal bin Ahmed holds a Master’s degree in International Project Management from the University of Leeds in United Kingdom, in addition to a Bachelor’s degree in Civil Engineering from University of Bahrain.
Eng. Kamal bin Ahmed Mohammed Ahmed served as President of the Electricity and Water Authority in Kingdom of Bahrain, holding the rank of Minister, from June 2022G until February 2026G.
كمال بن احمد عضو مجلس الإدارة
0 undated completions and 1 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bayfront | Al Khobar, Saudi Arabia | retail, other | 481 | — | — | SR 250m investment announced | — | 2022 | 17 October 2022 | Jan 2024 – Dec 2024 | Aug 2026 | +25.5 mo (+20.0 to +31.0) | estimated | completed |
| AMC Ajdan Walk Cinema | Al Khobar, Saudi Arabia | other, retail | — | — | 20,000 m² | — | — | 2021 | December 22 | Oct 2020 – Dec 2020 | Dec 2021 | +13.0 mo (+12.0 to +14.0) | sourced | completed |
| Ajdan Rise | Al Khobar, Saudi Arabia | residential for sale | 1921 | 40 | 76,390 m² | — | — | 2019 | Mar. 7, 2019 | Jan 2021 – Mar 2021 | Jan 2021 – Dec 2021 | +4.5 mo (−2.0 to +11.0) | sourced | completed |
| Ajdan Walk | Al Khobar, Saudi Arabia | retail, office | — | two-storey | 32,000 m² | — | — | — | — | — | Jan 2019 – Dec 2019 | — | not scorable | completed |
| Coverage | active |
| Tracked since | October 8, 2026 |
| Last checked | October 14, 2026 this month |
| Profile last researched | October 14, 2026 |
| Claim |