Artificial Intelligence
Builders Company
Developers/Al Majdiah
AM
Al MajdiahRiyadh, Saudi Arabia · founded 18/06/2014
PUBLIC LISTED

Al Majdiah develops residential villas, apartments and mixed-use communities in Saudi Arabia, primarily for homebuyers and investors. Its model combines off-plan sales with commercial components, land development, construction oversight and investment-fund partnerships serving demand for contemporary urban housing markets today.

Years in business
12
founded 18/06/2014
LinkedIn headcount
100-150
employees, as shown on LinkedIn · 2026-09-15 · size band 51–200
Units delivered
18,000+
as the company states it
Projects last researched October 8, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Dar Al Majed Real Estate Company1
Headquarters
Habel Qambaa Street1, Riyadh1, Saudi Arabia
Founded
18/06/20141
Entity type
PUBLIC LISTED2
Business model
offplan for sale1, commercial1, mixed use1
Markets
not published
What they build
Residential, for sale (4 of 4)
Full dossier in About →

Delivery record

0 date-assessed of 4 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 6 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
4
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Resident experience

1 of 4 buildings rated · scale 1–10

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.

Overall verdict
6.7/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (0 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 1 rated building
Management & living
—/ 10
Upkeep, response times, amenities, community · from 0 of 1 rated building

Against other developers

not enough rated buildings yet
Not enough rated buildings in Saudi Arabia yet to compare against.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

Record status
active
Company sources
105 source entries across 104 fields
Projects tracked
10 · 4 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 4 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 6 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
4
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

4 of 4 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Riyadh, Saudi Arabia
2024202520262027todayRIYADH, SAUDI ARABIAcompleted, no target publishedcompleted, no target publishedcompleted, no target publishedcompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 11 dated statements are held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 2 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

1 of 4 buildings rated · scale 1–10

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.

Overall verdict
6.7/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (0 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 1 rated building
Management & living
—/ 10
Upkeep, response times, amenities, community · from 0 of 1 rated building

Against other developers

not enough rated buildings yet
Not enough rated buildings in Saudi Arabia yet to compare against.

By building

1 rated · 3 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
AlMajdiah 140Narjis, Riyadh
6.7/ 10
—/ 10
—/ 10

Yango Maps publishes the only building-specific aggregate located: 3.9/5 from 3 ratings, which converts to approximately 6.7/10 on the specified curve. Because the review base is below ten, the result remains within one point of 6.5; no written reviews or aspect-specific physical or living evidence were located, so structure and living subscores are unevidenced.

no notes returned

no links returned

no notes returned

no links returned
Only buildings that have reached handover are rated. 3 of 4 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Dar Al Majed Real Estate Company
Headquarters
Habel Qambaa Street, Riyadh, Saudi Arabia
Qairawan District · 13531-23463
Founded
18/06/2014
Entity type
PUBLIC LISTED
Revenue
SAR 1.04 million 000s
FY2023G
Business model
offplan for sale, commercial, mixed use

Partners

6 partners
Tatweej Contracting Company
contractor

Tatweej was contracted to execute construction, infrastructure and related works for Adeem Al-Fursan.

National Housing Company (NHC)
government partner

Adeem Al-Fursan is identified as a company project with NHC.

Jadwa Private Real Estate Investment Fund No. (47)
funder

Jadwa Fund 47 signed an investment agreement for a mixed-use King Salman Road project.

Jadwa Investment
funder

Jadwa Investment manages Fund 47.

Abdullah bin Mohammed Al-Qassim
landowner

The announcement identifies him as the landowner.

Al Faisaliah Group
partner

Al Faisaliah Group invested in AlMajdiah in 2022 and provided strategic support.

Sources: name

EXCHANGE2025-09-14

Partnership announcement

Saudi Exchange
The Entity with Which the Contract was Signed|Tatweej Contracting Company
value seen: Tatweej Contracting Company
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=1&anId=90163&cs=4326&locale=en

Sources: name

EXCHANGE2025-09-14

Partnership announcement

Saudi Exchange
one of the Company’s projects with the National Housing Company (NHC)
value seen: National Housing Company (NHC)
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=1&anId=90163&cs=4326&locale=en

Sources: name

EXCHANGE2025-11-16

Partnership announcement

Saudi Exchange
The Entity with Which the Contract was Signed|Jadwa Private Real Estate Investment Fund No. (47), managed by Jadwa Investment.
value seen: Jadwa Private Real Estate Investment Fund No. (47)
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=1&anId=91538&cs=4326&locale=en

Sources: name

EXCHANGE2025-11-16

Partnership announcement

Saudi Exchange
Jadwa Private Real Estate Investment Fund No. (47), managed by Jadwa Investment.
value seen: Jadwa Investment
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=1&anId=91538&cs=4326&locale=en

Sources: name

EXCHANGE2025-11-16

Partnership announcement

Saudi Exchange
Mr. Abdullah bin Mohammed Al-Qassim (Landowner)
value seen: Abdullah bin Mohammed Al-Qassim
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=1&anId=91538&cs=4326&locale=en

Sources: name

COMPANYdate not shown in source

AFG | Strategic & Capital Investments | Al Faisaliah Group

Al Faisaliah Group
In 2022, Al Faisaliah Group invested in AlMajdiah, to institutionalize the company’s operations and accelerate its growth.
value seen: Al Faisaliah Group
https://www.alfaisaliah.com/our-businesses/strategic-and-capital-investments/

Registrations & licences

COMPANY NUMBER1010417874
Ministry of Commerce · Saudi Arabia · Active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

0 countries

What they build

1 type
Residential, for sale4 of 4
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
KB
Khaled bin Abdulrahman bin Nasser AlMajed
Khaled Al Majed chairs Dar Al Majed Real Estate (Al Majdiah), with his chairmanship reconfirmed in April 2026. The available profile describes 20 years in real estate, asset management and finance, including senior roles at Edamah and Premier Group.
Current title
Chairman of the Board
Experience
20+ years in real estate, asset management and finance
Companies before
EdamahPremier Group
Education
Concordia University, CanadaBachelor's degree of Commerce in Finance
London Business School, United KingdomExecutive MBA
Other boards
none sourced
Known for
ChairmanFinance degreeExecutive MBA
since reconfirmed in April 2026 for a new four-year term

Sources: degree

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
He holds a Bachelor's degree of Commerce in Finance from Concordia University, Canada
value seen: Bachelor's degree of Commerce in Finance
https://executive-moves.com/profile/khaled-al-majed/

Sources: institution

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
He holds a Bachelor's degree of Commerce in Finance from Concordia University, Canada
value seen: Concordia University, Canada
https://executive-moves.com/profile/khaled-al-majed/

Sources: degree

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
and an Executive MBA from the London Business School, United Kingdom.
value seen: Executive MBA
https://executive-moves.com/profile/khaled-al-majed/

Sources: institution

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
and an Executive MBA from the London Business School, United Kingdom.
value seen: London Business School, United Kingdom
https://executive-moves.com/profile/khaled-al-majed/

Sources: full name

PRESS2026-04-15

Al Majdiah reappoints Khaled Al Majed as Chairman, Majed Al Majed as Vice Chairman

Argaam
Dar Al Majed Real Estate Co.’s (Al Majdiah) said its board appointed Khaled Al Majed as Chairman and Majed Al Majed as Vice Chairman
value seen: Khaled Al Majed
https://www.argaam.com/en/article/articledetail/id/1896602

Sources: previous companies

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
- Chief Executive Officer at Edamah (Bahrain Real Estate Investment Company), effective March 2025
value seen: Edamah
https://executive-moves.com/profile/khaled-al-majed/

Sources: previous companies

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
- Vice President of Asset Management at Premier Group
value seen: Premier Group
https://executive-moves.com/profile/khaled-al-majed/

Sources: since

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
His appointment was reconfirmed in April 2026 for a new four-year term.
value seen: reconfirmed in April 2026 for a new four-year term
https://executive-moves.com/profile/khaled-al-majed/

Sources: summary

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
Al Majed brings 20 years of experience in real estate, asset management, and finance industries.
value seen: 20 years in real estate, asset management and finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://executive-moves.com/profile/khaled-al-majed/

Sources: tags

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
Khaled Al Majed was appointed as Chairman of Dar Al Majed Real Estate Co. (Al Majdiah)
value seen: Chairman
value paraphrased from this source
https://executive-moves.com/profile/khaled-al-majed/

Sources: tags

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
Al Majed brings 20 years of experience in real estate, asset management, and finance industries.
value seen: 20 years in real estate, asset management and finance
held out of the figures · the quote does not carry this value
https://executive-moves.com/profile/khaled-al-majed/

Sources: tags

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
He holds a Bachelor's degree of Commerce in Finance from Concordia University, Canada
value seen: Bachelor's degree of Commerce in Finance
https://executive-moves.com/profile/khaled-al-majed/

Sources: tags

PRESS2026-08-13

Khaled Al Majed | Executive Profile and Career

Executive Moves
and an Executive MBA from the London Business School, United Kingdom.
value seen: Executive MBA
https://executive-moves.com/profile/khaled-al-majed/

Sources: title

DIRECTORYdate not shown in source

ALMAJDIAH organizational-structure | 4326 | TADAWUL | TASI

Argaam
| Chairman of the Board |
value seen: Chairman of the Board
https://www.argaam.com/en/tadawul/tasi/almajdiah/organizational-structure
MB
Majed bin Abdulrahman AlMajed
Current title
Vice Chairman of the Board
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
nothing tagged
since appointed on 14 April 2026

Sources: full name

PRESS2026-04-15

Al Majdiah reappoints Khaled Al Majed as Chairman, Majed Al Majed as Vice Chairman

Argaam
Dar Al Majed Real Estate Co.’s (Al Majdiah) said its board appointed Khaled Al Majed as Chairman and Majed Al Majed as Vice Chairman
value seen: Majed Al Majed
https://www.argaam.com/en/article/articledetail/id/1896602

Sources: since

REGULATORdate not shown in source

Announcement of Dar Al Majed Real Estate Company Regarding the Appointment of the Chairman and Vice Chairman of the Board of Directors

Saudi Exchange
Appointment of Mr. Majed bin Abdulrahman Al-Majed as Vice Chairman of the Board (Non-Executive).
value seen: appointed on 14 April 2026
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=67&anId=94427&cs=4326&locale=en

Sources: title

PRESS2026-04-15

Al Majdiah reappoints Khaled Al Majed as Chairman, Majed Al Majed as Vice Chairman

Argaam
Dar Al Majed Real Estate Co.’s (Al Majdiah) said its board appointed Khaled Al Majed as Chairman and Majed Al Majed as Vice Chairman
value seen: Vice Chairman of the Board
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.argaam.com/en/article/articledetail/id/1896602
AB
Abdulsalam bin Abdulrahman bin Nasser AlMajed
Abdulsalam Al Majed is Al Majdiah’s Managing Director and Chief Executive Officer, with the managing-director appointment recorded in April 2026. A Cityscape profile says he has previously served as a CEO in the real-estate and investment sectors and holds a business-administration degree from King Saud University.
Current title
Managing Director
Experience
no career length stated
Companies before
none sourced
Education
King Saud UniversityBachelor's degree in Business Administration
Other boards
none sourced
Known for
Managing DirectorChief Executive OfficerReal-estate and investment experienceKing Saud University
https://cityscapeglobal.com/speakers/abdulsalam-almajed
since appointed on 14 April 2026
Listing the company’s shares on Tadawul will also increase its opportunities to secure credit and enhance its partnerships with investment funds. Arab News 4 March 2022https://www.arabnews.com/business/al-majdiah-residence-listing-on-saudi-market-delivers-strategic-goals-says-ceo-2036056

Sources: degree

OTHERdate not shown in source

Abdulsalam A․ AlMajed

Cityscape Global
holds a bachelor’s degree in Business Administration from King Saud University.
value seen: bachelor’s degree in Business Administration
https://cityscapeglobal.com/speakers/abdulsalam-almajed

Sources: institution

OTHERdate not shown in source

Abdulsalam A․ AlMajed

Cityscape Global
holds a bachelor’s degree in Business Administration from King Saud University.
value seen: King Saud University
https://cityscapeglobal.com/speakers/abdulsalam-almajed

Sources: full name

REGULATORdate not shown in source

Announcement of Dar Al Majed Real Estate Company Regarding the Appointment of the Chairman and Vice Chairman of the Board of Directors

Saudi Exchange
Appointment of Mr. Abdul Salam bin Abdulrahman Al-Majed as Managing Director (Executive).
value seen: Abdulsalam bin Abdulrahman bin Nasser AlMajed
held out of the figures · the quote does not carry this value
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=67&anId=94427&cs=4326&locale=en

Sources: quote

PRESS2022-03-04

Al Majdiah Residence listing on Saudi market delivers strategic goals, says CEO

Arab News
Listing the company’s shares on Tadawul will also increase its opportunities to secure credit and enhance its partnerships with investment funds.
value seen: Listing the company’s shares on Tadawul will also increase its opportunities to secure credit and enhance its partnerships with investment funds.
https://www.arabnews.com/business/al-majdiah-residence-listing-on-saudi-market-delivers-strategic-goals-says-ceo-2036056

Sources: since

REGULATORdate not shown in source

Announcement of Dar Al Majed Real Estate Company Regarding the Appointment of the Chairman and Vice Chairman of the Board of Directors

Saudi Exchange
Appointment of Mr. Abdul Salam bin Abdulrahman Al-Majed as Managing Director (Executive).
value seen: appointed on 14 April 2026
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=67&anId=94427&cs=4326&locale=en

Sources: summary

OTHERdate not shown in source

Abdulsalam A․ AlMajed

Cityscape Global
Abdulsalam Abdulrahman Nasser AlMajed, Managing Director since 2024, holds a bachelor’s degree in Business Administration from King Saud University.
value seen: holds a bachelor's degree in Business Administration from King Saud University
value paraphrased from this source
https://cityscapeglobal.com/speakers/abdulsalam-almajed

Sources: tags

OTHERdate not shown in source

Abdulsalam A․ AlMajed

Cityscape Global
Abdulsalam Abdulrahman Nasser AlMajed, Managing Director since 2024
value seen: Managing Director
https://cityscapeglobal.com/speakers/abdulsalam-almajed

Sources: tags

OTHERdate not shown in source

Abdulsalam A․ AlMajed

Cityscape Global
# Abdulsalam A․ AlMajed Chief Executive Officer, Al Majdiah Saudi Arabia
value seen: Chief Executive Officer
https://cityscapeglobal.com/speakers/abdulsalam-almajed

Sources: tags

OTHERdate not shown in source

Abdulsalam A․ AlMajed

Cityscape Global
Former CEO with extensive experience in real estate and investment sectors.
value seen: real estate and investment sectors
https://cityscapeglobal.com/speakers/abdulsalam-almajed

Sources: tags

OTHERdate not shown in source

Abdulsalam A․ AlMajed

Cityscape Global
holds a bachelor’s degree in Business Administration from King Saud University.
value seen: King Saud University
https://cityscapeglobal.com/speakers/abdulsalam-almajed

Sources: title

PRESS2026-04-15

Al Majdiah reappoints Khaled Al Majed as Chairman, Majed Al Majed as Vice Chairman

Argaam
The company said the board also appointed Abdulsalam Al Majed as managing director
value seen: Managing Director
https://www.argaam.com/en/article/articledetail/id/1896602
AM
Abdulrahman Mohammed Abdulaziz AlBarrak
Abdulrahman AlBarrak is identified in Al Majdiah’s executive listing as Audit Committee Chairman. Independent exchange reporting describes him as a board and committee chair with capital-markets, listings and corporate-governance experience, including prior senior roles at the Capital Market Authority.
Current title
Audit Committee Chairman
Experience
no career length stated
Companies before
Capital Market Authority
Education
not published
Other boards
none sourced
Known for
Audit Committee ChairmanCapital marketsCorporate governanceFormer CMA Vice Chairman

Sources: full name

SOCIALdate not shown in source

الماجدية | Almajdiah

LinkedIn
Abdulrahman Albarrak: Audit Committee Chairman
value seen: Abdulrahman Albarrak
https://linkedin.com/company/almajdiah

Sources: previous companies

REGULATORdate not shown in source

Announcement of Dar Al Majed Real Estate Company Regarding the Formation of the Audit Committee

Saudi Exchange
most notably Vice Chairman of the Capital Market Authority
value seen: Capital Market Authority
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94431&locale=en

Sources: summary

REGULATORdate not shown in source

Announcement of Dar Al Majed Real Estate Company Regarding the Formation of the Audit Committee

Saudi Exchange
He has extensive and specialized experience in capital markets, particularly in company listings and corporate governance.
value seen: capital-markets, listings and corporate-governance experience
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94431&locale=en

Sources: tags

SOCIALdate not shown in source

الماجدية | Almajdiah

LinkedIn
Abdulrahman Albarrak: Audit Committee Chairman
value seen: Audit Committee Chairman
https://linkedin.com/company/almajdiah

Sources: tags

REGULATORdate not shown in source

Announcement of Dar Al Majed Real Estate Company Regarding the Formation of the Audit Committee

Saudi Exchange
He has extensive and specialized experience in capital markets
value seen: Capital markets
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94431&locale=en

Sources: tags

REGULATORdate not shown in source

Announcement of Dar Al Majed Real Estate Company Regarding the Formation of the Audit Committee

Saudi Exchange
particularly in company listings and corporate governance.
value seen: Corporate governance
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94431&locale=en

Sources: tags

REGULATORdate not shown in source

Announcement of Dar Al Majed Real Estate Company Regarding the Formation of the Audit Committee

Saudi Exchange
most notably Vice Chairman of the Capital Market Authority
value seen: Former CMA Vice Chairman
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94431&locale=en

Sources: title

SOCIALdate not shown in source

الماجدية | Almajdiah

LinkedIn
Abdulrahman Albarrak: Audit Committee Chairman
value seen: Audit Committee Chairman
https://linkedin.com/company/almajdiah
AB
Ali bin Abdulrahman AlGhamdi
Ali AlGhamdi is identified as Al Majdiah’s Nomination and Remuneration Committee chairman in the company’s executive listing. His professional profile describes current work in transformation strategy consulting at OSUS Real Estate, focused on real-estate development strategy and partnerships.
Current title
NRC Chairman
Experience
no career length stated
Companies before
OSUS Real Estate
Education
not published
Other boards
none sourced
Known for
NRC ChairmanReal-estate strategyTransformation strategy consultant
https://linkedin.com/in/ali-al-ghamdi

Sources: full name

SOCIALdate not shown in source

الماجدية | Almajdiah

LinkedIn
Ali AlGhamdi: NRC Chairman
value seen: Ali AlGhamdi
https://linkedin.com/company/almajdiah

Sources: linkedin page

SOCIALdate not shown in source

Ali Al Ghamdi

LinkedIn
# Ali Al Ghamdi
value seen: https://linkedin.com/in/ali-al-ghamdi
https://linkedin.com/in/ali-al-ghamdi

Sources: previous companies

SOCIALdate not shown in source

Ali Al Ghamdi

LinkedIn
### Transformations Strategy Consultant - [اسس | OSUS](https://www.linkedin.com/company/osus-real-estate) (Current) Jan 2022 - Present (4 years and 8 months) in Saudi Arabia
value seen: OSUS Real Estate
https://linkedin.com/in/ali-al-ghamdi

Sources: summary

SOCIALdate not shown in source

Ali Al Ghamdi

LinkedIn
### Transformations Strategy Consultant - [اسس | OSUS](https://www.linkedin.com/company/osus-real-estate) (Current) Jan 2022 - Present (4 years and 8 months) in Saudi Arabia
value seen: Transformation Strategy Consultant at OSUS Real Estate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ali-al-ghamdi

Sources: tags

SOCIALdate not shown in source

الماجدية | Almajdiah

LinkedIn
Ali AlGhamdi: NRC Chairman
value seen: NRC Chairman
https://linkedin.com/company/almajdiah

Sources: tags

SOCIALdate not shown in source

Ali Al Ghamdi

LinkedIn
### Transformations Strategy Consultant - [اسس | OSUS](https://www.linkedin.com/company/osus-real-estate) (Current) Jan 2022 - Present (4 years and 8 months) in Saudi Arabia
value seen: Transformation Strategy Consultant
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ali-al-ghamdi

Sources: tags

SOCIALdate not shown in source

Ali Al Ghamdi

LinkedIn
Transformation Advisor | Real Estate Development Strategy | Partnerships & Branded Residences
value seen: Real-estate strategy
held out of the figures · the quote does not carry this value
https://linkedin.com/in/ali-al-ghamdi

Sources: title

SOCIALdate not shown in source

الماجدية | Almajdiah

LinkedIn
Ali AlGhamdi: NRC Chairman
value seen: NRC Chairman
https://linkedin.com/company/almajdiah
MS
Mohammed Salah Mohammed Abdulhalim Ibrahim
Mohammed Salah is Al Majdiah’s Chief Financial Officer and has held the role since February 2023. His professional profile describes more than 32 years of finance experience, including CFO or senior finance roles at MBG Developments, MASIC and International Turnkey Systems.
Current title
Chief Financial Officer
since February 2023
Experience
32+ years of finance experience
Companies before
MBG DevelopmentsMASICInternational Turnkey Systems - ITSMAGRABi Retail Group
Education
Cairo UniversityAccounting and Finance
Paris ESLSCA Business SchoolMaster's degree in Corporate Governance
Other boards
none sourced
Known for
Chief Financial OfficerReal-estate financeCMAMBA
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: degree

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
Very good in average, Accounting and Finance at Cairo University 1988 - 1991
value seen: Accounting and Finance
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: institution

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
Very good in average, Accounting and Finance at Cairo University 1988 - 1991
value seen: Cairo University
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: degree

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
Master's degree, Corporate Governance at Paris ESLSCA Business School 2012 - Present
value seen: Master's degree in Corporate Governance
held out of the figures · the quote does not carry this value
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: institution

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
Master's degree, Corporate Governance at Paris ESLSCA Business School 2012 - Present
value seen: Paris ESLSCA Business School
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: full name

DIRECTORYdate not shown in source

ALMAJDIAH organizational-structure | 4326 | TADAWUL | TASI

Argaam
| Mohammed Salah Mohammed Abdulhalim Ibrahim |
value seen: Mohammed Salah Mohammed Abdulhalim Ibrahim
https://www.argaam.com/en/tadawul/tasi/almajdiah/organizational-structure

Sources: linkedin page

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
# Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.
value seen: https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: previous companies

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
### Chief Financial Officer - [MBG DEVELOPMENTS](https://www.linkedin.com/company/mbgeg) Oct 2021 - Apr 2023
value seen: MBG DEVELOPMENTS
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: previous companies

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
### [MASIC](https://www.linkedin.com/company/masic) #### Financial Controller
value seen: MASIC
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: previous companies

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
### Chief Financial Officer - [International Turnkey Systems - ITS](https://www.linkedin.com/company/itscorporate) Jun 2010 - Jun 2014
value seen: International Turnkey Systems - ITS
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: previous companies

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
### Head of Accounting Section - [MAGRABi Retail Group] May 2001 - May 2002
value seen: MAGRABi Retail Group
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: since

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
### Chief Financial Officer - [الماجدية | Almajdiah](https://www.linkedin.com/company/almajdiah) (Current) Feb 2023 - Present (3 years and 7 months)
value seen: Feb 2023 - Present
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: summary

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
An experienced Professional Chief Financial Officer, offering more than +32 years of experience
value seen: more than +32 years of experience
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: tags

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
### Chief Financial Officer - [الماجدية | Almajdiah](https://www.linkedin.com/company/almajdiah) (Current)
value seen: Chief Financial Officer
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: tags

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
An experienced Professional Chief Financial Officer, offering more than +32 years of experience
value seen: 32 years of finance experience
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: tags

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
### Chief Financial Officer - [MBG DEVELOPMENTS](https://www.linkedin.com/company/mbgeg) Oct 2021 - Apr 2023
value seen: Real-estate finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: tags

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
# Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.
value seen: CMA
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: tags

SOCIAL2026-09-15

Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.

LinkedIn
# Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.
value seen: MBA
https://linkedin.com/in/mohamed-salah-mohamed-cma-mba-ipo-transformation-27925b77

Sources: title

DIRECTORYdate not shown in source

ALMAJDIAH organizational-structure | 4326 | TADAWUL | TASI

Argaam
| Chief Financial Officer |
value seen: Chief Financial Officer
https://www.argaam.com/en/tadawul/tasi/almajdiah/organizational-structure

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

6 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

4 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
AlMajdiah 140Riyadh, Saudi Arabia
Narjis
residential for sale————————Jan 2025 – Dec 2025—not scorablecompleted
AlMajdiah 144Riyadh, Saudi Arabia
Narjis
residential for sale————————Sep 2024—not scorablecompleted
AlMajdiah 147Riyadh, Saudi Arabia
Narjis
residential for sale3121———————Sep 2024—not scorablecompleted
AlMajdiah 148Riyadh, Saudi Arabia
Narjis
residential for sale————————Sep 2024—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

4 found
PROJECT AWARD Winner 2025
International Residential Architecture Awards 2025 · Jazeel
Almajdiah Company is identified as the winner for the Jazeel residential project in Riyadh; the project was recognised for its residential architectural design and community-focused development.
RANKING Ranked 2025
Best Workplaces for Saudi Nationals™ (Saudization List) 2025 – Medium
Al Majdiah was ranked #27 on Great Place to Work Middle East’s 2025 Best Workplaces for Saudi Nationals list in the medium-sized category.
COMPANY AWARD Winner 2021 (reported March 2, 2022)
Best Real Estate Fund of the Year 2021 · Al Rayan Residence Fund
Al Majdiah Residence won the Best Real Estate Fund of the Year award in the companies sector for Al Rayan Residence Fund at the Restatex Riyadh Real Estate Exhibition.
SAFETY / QUALITY Certified 2024 (reported May 2, 2024)
Best Workplace in Saudi Arabia 2024
The Al Majdiah Residence group was reported as receiving Great Place to Work’s Best Workplace in Saudi Arabia certificate for 2024, recognising its workplace environment.
Great Place to Work · https://aldira.net/?p=201724

Risks

Auditor & credit ratings

audited accounts
AuditorDr. Mohamed Al-Amri & Co. - Chartered Accountants

Risk flags

1 found
LEGAL Reported September 5, 2025
A September 5, 2025 report stated that AlMajdiah had sued three contractors in Saudi Arabia for approximately US$8.8 million; the report said two disputes had already been adjudicated and that the courts had issued an injunction in the third claim, but the accessible source did not provide the claims’ underlying facts or final outcomes.

Record status

active
Coverageactive
Tracked sinceOctober 8, 2026
Last checkedOctober 8, 2026 this month
Profile last researchedOctober 8, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.