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.
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 |
|---|---|---|---|
| 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 |
Tatweej was contracted to execute construction, infrastructure and related works for Adeem Al-Fursan.
Adeem Al-Fursan is identified as a company project with NHC.
Jadwa Fund 47 signed an investment agreement for a mixed-use King Salman Road project.
Jadwa Investment manages Fund 47.
The announcement identifies him as the landowner.
Al Faisaliah Group invested in AlMajdiah in 2022 and provided strategic support.
The Entity with Which the Contract was Signed|Tatweej Contracting Company
one of the Company’s projects with the National Housing Company (NHC)
The Entity with Which the Contract was Signed|Jadwa Private Real Estate Investment Fund No. (47), managed by Jadwa Investment.
Jadwa Private Real Estate Investment Fund No. (47), managed by Jadwa Investment.
Mr. Abdullah bin Mohammed Al-Qassim (Landowner)
In 2022, Al Faisaliah Group invested in AlMajdiah, to institutionalize the company’s operations and accelerate its growth.
| COMPANY NUMBER | 1010417874 Ministry of Commerce · Saudi Arabia · Active |
| Residential, for sale | 4 of 4 |
He holds a Bachelor's degree of Commerce in Finance from Concordia University, Canada
He holds a Bachelor's degree of Commerce in Finance from Concordia University, Canada
and an Executive MBA from the London Business School, United Kingdom.
and an Executive MBA from the London Business School, United Kingdom.
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
- Chief Executive Officer at Edamah (Bahrain Real Estate Investment Company), effective March 2025
- Vice President of Asset Management at Premier Group
His appointment was reconfirmed in April 2026 for a new four-year term.
Al Majed brings 20 years of experience in real estate, asset management, and finance industries.
Khaled Al Majed was appointed as Chairman of Dar Al Majed Real Estate Co. (Al Majdiah)
Al Majed brings 20 years of experience in real estate, asset management, and finance industries.
He holds a Bachelor's degree of Commerce in Finance from Concordia University, Canada
and an Executive MBA from the London Business School, United Kingdom.
| Chairman of the Board |
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
Appointment of Mr. Majed bin Abdulrahman Al-Majed as Vice Chairman of the Board (Non-Executive).
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
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
holds a bachelor’s degree in Business Administration from King Saud University.
holds a bachelor’s degree in Business Administration from King Saud University.
Appointment of Mr. Abdul Salam bin Abdulrahman Al-Majed as Managing Director (Executive).
Listing the company’s shares on Tadawul will also increase its opportunities to secure credit and enhance its partnerships with investment funds.
Appointment of Mr. Abdul Salam bin Abdulrahman Al-Majed as Managing Director (Executive).
Abdulsalam Abdulrahman Nasser AlMajed, Managing Director since 2024, holds a bachelor’s degree in Business Administration from King Saud University.
Abdulsalam Abdulrahman Nasser AlMajed, Managing Director since 2024
# Abdulsalam A․ AlMajed Chief Executive Officer, Al Majdiah Saudi Arabia
Former CEO with extensive experience in real estate and investment sectors.
holds a bachelor’s degree in Business Administration from King Saud University.
The company said the board also appointed Abdulsalam Al Majed as managing director
Abdulrahman Albarrak: Audit Committee Chairman
most notably Vice Chairman of the Capital Market Authority
He has extensive and specialized experience in capital markets, particularly in company listings and corporate governance.
Abdulrahman Albarrak: Audit Committee Chairman
He has extensive and specialized experience in capital markets
particularly in company listings and corporate governance.
most notably Vice Chairman of the Capital Market Authority
Abdulrahman Albarrak: Audit Committee Chairman
Ali AlGhamdi: NRC Chairman
# Ali Al Ghamdi
### 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
### 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
Ali AlGhamdi: NRC Chairman
### 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
Transformation Advisor | Real Estate Development Strategy | Partnerships & Branded Residences
Ali AlGhamdi: NRC Chairman
Very good in average, Accounting and Finance at Cairo University 1988 - 1991
Very good in average, Accounting and Finance at Cairo University 1988 - 1991
Master's degree, Corporate Governance at Paris ESLSCA Business School 2012 - Present
Master's degree, Corporate Governance at Paris ESLSCA Business School 2012 - Present
| Mohammed Salah Mohammed Abdulhalim Ibrahim |
# Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.
### Chief Financial Officer - [MBG DEVELOPMENTS](https://www.linkedin.com/company/mbgeg) Oct 2021 - Apr 2023
### [MASIC](https://www.linkedin.com/company/masic) #### Financial Controller
### Chief Financial Officer - [International Turnkey Systems - ITS](https://www.linkedin.com/company/itscorporate) Jun 2010 - Jun 2014
### Head of Accounting Section - [MAGRABi Retail Group] May 2001 - May 2002
### Chief Financial Officer - [الماجدية | Almajdiah](https://www.linkedin.com/company/almajdiah) (Current) Feb 2023 - Present (3 years and 7 months)
An experienced Professional Chief Financial Officer, offering more than +32 years of experience
### Chief Financial Officer - [الماجدية | Almajdiah](https://www.linkedin.com/company/almajdiah) (Current)
An experienced Professional Chief Financial Officer, offering more than +32 years of experience
### Chief Financial Officer - [MBG DEVELOPMENTS](https://www.linkedin.com/company/mbgeg) Oct 2021 - Apr 2023
# Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.
# Mohamed Salah Mohamed. CMA, MBA, IPO , Transformation.
| Chief Financial Officer |
6 undated completions and 0 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AlMajdiah 140 | Riyadh, Saudi Arabia Narjis | residential for sale | — | — | — | — | — | — | — | — | Jan 2025 – Dec 2025 | — | not scorable | completed |
| AlMajdiah 144 | Riyadh, Saudi Arabia Narjis | residential for sale | — | — | — | — | — | — | — | — | Sep 2024 | — | not scorable | completed |
| AlMajdiah 147 | Riyadh, Saudi Arabia Narjis | residential for sale | 3121 | — | — | — | — | — | — | — | Sep 2024 | — | not scorable | completed |
| AlMajdiah 148 | Riyadh, Saudi Arabia Narjis | residential for sale | — | — | — | — | — | — | — | — | Sep 2024 | — | not scorable | completed |
| Auditor | Dr. Mohamed Al-Amri & Co. - Chartered Accountants |
| Coverage | active |
| Tracked since | October 8, 2026 |
| Last checked | October 8, 2026 this month |
| Profile last researched | October 8, 2026 |
| Claim |