Artificial Intelligence
Builders Company
Developers/Gulf Real Estate
GR
Gulf Real EstateRiyadh, Saudi Arabia · founded 2005 · 1 active markets
PRIVATE

Gulf Real Estate develops and invests in Saudi Arabian hospitality, hotel, commercial-office, residential, mall and market properties. Its model combines land development, real-estate management and project development for tenants, shoppers, hotel guests, residents and other property users across the Kingdom.

Years in business
21
founded 2005
LinkedIn headcount
47
employees, as shown on LinkedIn · size band 11–50
Portfolio value
SAR 346.16 million development value
31 December 2022
Projects last researched October 14, 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
Gulf Real Estate Company1
Headquarters
King Fahad Road1, Riyadh1, Saudi Arabia
Founded
20051
Entity type
PRIVATE1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1, other1
Markets
1 market listed
What they build
Hotel (1 of 1) · Hotel residences (1 of 1)
Full dossier in About →

Delivery record

0 date-assessed of 1 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. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
1
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 1 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
8.7/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (1 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
7.8/ 10
Fabric, services, waterproofing, envelope · from 1 of 1 rated building
Management & living
7.7/ 10
Upkeep, response times, amenities, community · from 1 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

No documented awards or recognitions in the sources reviewed.

All awards →

Risks & source coverage

Record status
active
Company sources
105 source entries across 105 fields
Projects tracked
2 · 1 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 1 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. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
1
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

1 of 1 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
20172018201920202021202220232024202520262027todayRIYADH, SAUDI ARABIA+22.5 moestimated
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. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

1 of 1 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
8.7/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (1 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
7.8/ 10
Fabric, services, waterproofing, envelope · from 1 of 1 rated building
Management & living
7.7/ 10
Upkeep, response times, amenities, community · from 1 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 · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Radisson Hotel & Residence Riyadh OlayaAl Yasmin, Riyadh201 units
8.7/ 10
7.8/ 10
7.7/ 10
Booking.com 9.3/10, 9.5/10, 9/10, 9.3/10, 9.4/10, 8.6/10, 8.1/10 · 523 reviews · booking.com
Combined from 7 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.7.

Google’s 4.6/5 building rating with the largest reported review base sets an 8.8 anchor after the specified conversion. Booking.com is lower after conversion, while KAYAK is close; recurring construction noise and operational complaints move the overall result modestly to 8.7, with structure scored separately only from the reported physical-system evidence.

+ Rooms well maintained+ Modern finishes+ Clean rooms
− Construction noise affecting sleep− Air-duct odor− Noisy air conditioning− Low shower water pressure− Faulty shower fitting
+ Friendly staff+ Helpful front desk+ Clean and comfortable rooms+ Indoor pool and health clubs+ Good housekeeping
− 24-hour construction noise− Limited breakfast variety− Food freshness concerns− Inconsistent service recovery− Limited parking

Published guest feedback is broadly positive about the physical accommodation—“rooms are nice and well cleaned,” and another review called the rooms “clean and spacious.” The reported physical-system issues are localized but material: one guest mentioned a foul smell apparently related to an air duct, another reported noisy air conditioning, and another cited low water pressure and a shower fitting that was falling from the wall.

Guests frequently praise the welcoming staff, housekeeping and clean, comfortable rooms; one review described the hotel as “beautiful, clean, and very comfortable,” while another said the front desk was “always quick to respond.” The main day-to-day drawbacks are construction noise—reported as continuing “all day and night”—and uneven food and service operations, including limited breakfast variety and a laundry-service delay that left the guest with little time to pack.

Only buildings that have reached handover are rated. 0 of 1 project 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
Gulf Real Estate Company
Headquarters
King Fahad Road, Riyadh, Saudi Arabia
11372
Founded
2005
Riyadh, Saudi Arabia
Entity type
PRIVATE
Revenue
SAR 40.59 million annual revenue
2022
Business model
offplan for sale, commercial, mixed use, masterplan, other

Partners

3 partners
The Rezidor Hotel Group
operator

An agreement covered operation of Park Inn by Radisson Hotel & Apartments projects in Riyadh Olaya North and Dammam West Avenue.

Zamil Steel Construction Company
contractor

Zamil Steel received a turnkey contract from Gulf Real Estate for the new Dammam shopping mall project.

Mulkia Investment Company
operator

Mulkia Investment Company appointed Gulf Real Estate Company as property manager for West Avenue Mall, which the fund owned.

Sources: name

PRESS2017-11-29

Rezidor grows Park Inn by Radisson brand in Saudi Arabia

Eye of Riyadh
An agreement has been signed with one of the leading Saudi property development companies, Gulf Real Estate Company, to operate Park Inn by Radisson Hotel & Apartments, Riyadh Olaya North and Park Inn by Radisson Hotel & Apartments, Dammam West Avenue.
value seen: The Rezidor Hotel Group
held out of the figures · the quote does not carry this value
https://m.eyeofriyadh.com/news/details/rezidor-grows-park-inn-by-radisson-brand-in-saudi-arabia

Sources: partner type

PRESS2017-11-29

Rezidor grows Park Inn by Radisson brand in Saudi Arabia

Eye of Riyadh
An agreement has been signed with one of the leading Saudi property development companies, Gulf Real Estate Company, to operate Park Inn by Radisson Hotel & Apartments, Riyadh Olaya North and Park Inn by Radisson Hotel & Apartments, Dammam West Avenue.
value seen: to operate
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://m.eyeofriyadh.com/news/details/rezidor-grows-park-inn-by-radisson-brand-in-saudi-arabia

Sources: summary

PRESS2017-11-29

Rezidor grows Park Inn by Radisson brand in Saudi Arabia

Eye of Riyadh
An agreement has been signed with one of the leading Saudi property development companies, Gulf Real Estate Company, to operate Park Inn by Radisson Hotel & Apartments, Riyadh Olaya North and Park Inn by Radisson Hotel & Apartments, Dammam West Avenue.
value seen: operate Park Inn by Radisson Hotel & Apartments, Riyadh Olaya North and Park Inn by Radisson Hotel & Apartments, Dammam West Avenue
https://m.eyeofriyadh.com/news/details/rezidor-grows-park-inn-by-radisson-brand-in-saudi-arabia

Sources: name

PRESSdate not shown in source

Zamil Steel receives $24.2 million contract

Yieh Corp.
It is reported that Saudi Arabia’s Zamil Steel Construction Company has been awarded a turnkey project contract valued at US$24.2 million by the Gulf Real Estate Company for its new shopping mall project in Dammam.
value seen: Zamil Steel Construction Company
https://www.yieh.com/en/News/zamil-steel-receives-242-million-contract/75660

Sources: partner type

PRESSdate not shown in source

Zamil Steel receives $24.2 million contract

Yieh Corp.
It is reported that Saudi Arabia’s Zamil Steel Construction Company has been awarded a turnkey project contract valued at US$24.2 million by the Gulf Real Estate Company for its new shopping mall project in Dammam.
value seen: turnkey project contract
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.yieh.com/en/News/zamil-steel-receives-242-million-contract/75660

Sources: summary

PRESSdate not shown in source

Zamil Steel receives $24.2 million contract

Yieh Corp.
It is reported that Saudi Arabia’s Zamil Steel Construction Company has been awarded a turnkey project contract valued at US$24.2 million by the Gulf Real Estate Company for its new shopping mall project in Dammam.
value seen: turnkey project contract valued at US$24.2 million
https://www.yieh.com/en/News/zamil-steel-receives-242-million-contract/75660

Sources: name

FILINGdate not shown in source

Mulkia Gulf Real Estate REIT Fund

Mulkia
On 31/10/2022, the fund manager appointed Gulf Real Estate Company as the property manager for West Avenue Mall in Dammam.
value seen: Mulkia Investment Company
held out of the figures · the quote does not carry this value
https://www.mulkia.com.sa/wp-content/uploads/2023/07/Unitholders-Annual-report-2022-E0323.pdf

Sources: partner type

FILINGdate not shown in source

Mulkia Gulf Real Estate REIT Fund

Mulkia
On 31/10/2022, the fund manager appointed Gulf Real Estate Company as the property manager for West Avenue Mall in Dammam.
value seen: appointed ... as the property manager
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.mulkia.com.sa/wp-content/uploads/2023/07/Unitholders-Annual-report-2022-E0323.pdf

Sources: summary

FILINGdate not shown in source

Mulkia Gulf Real Estate REIT Fund

Mulkia
On 31/10/2022, the fund manager appointed Gulf Real Estate Company as the property manager for West Avenue Mall in Dammam.
value seen: property manager for West Avenue Mall in Dammam
https://www.mulkia.com.sa/wp-content/uploads/2023/07/Unitholders-Annual-report-2022-E0323.pdf

Registrations & licences

COMPANY NUMBER1010207612
Saudi commercial registration · Saudi Arabia · Active company registration evidenced in the 2022 financial statements
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Saudi Arabiaactive 1 project tracked

What they build

2 types
Hotel1 of 1
Hotel residences1 of 1
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
AA
ABDULWAHAB ASSAD ALSANAD
He is the company’s chairman and the most senior person identified on its current board page. The retrieved independent material also identifies him in senior governance roles within Gulf Investment House, but I found no sufficiently current public biography establishing his education or earlier operating career.
Current title
Chairman
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Chairman

Sources: full name

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
### ABDULWAHAB ASSAD ALSANAD
value seen: ABDULWAHAB ASSAD ALSANAD
https://gulf-re.com/en/about-us/

Sources: role type

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
### ABDULWAHAB ASSAD ALSANAD Chairman
value seen: Chairman
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://gulf-re.com/en/about-us/

Sources: summary

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## Board Of Directors ![](https://gulf-re.com/wp-content/uploads/2021/06/About-us-02.jpg) ### ABDULWAHAB ASSAD ALSANAD Chairman
value seen: He is the company’s chairman and the most senior person identified on its current board page.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://gulf-re.com/en/about-us/

Sources: tags

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
### ABDULWAHAB ASSAD ALSANAD Chairman
value seen: Chairman
https://gulf-re.com/en/about-us/

Sources: title

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
### ABDULWAHAB ASSAD ALSANAD Chairman
value seen: Chairman
https://gulf-re.com/en/about-us/
AA
ABDULLAH ABDULMOHSEN ALISSA
He is Gulf Real Estate’s vice chairman. Alissa Group describes him as a financial and investment executive with experience at Financial Family Office Company, Samba Financial Group, Riyad Capital and Mayas Investment Company, and lists Gulf Real Estate among his current board roles.
Current title
Vice Chairman
Experience
no career length stated
Companies before
Financial Family Office CompanySamba Financial GroupRiyad CapitalMayas Investment CompanyAqar and Mimar International CompanyNational General Motors CompanyAbdullatif Alissa Group Holding Company
Education
King Fahd University of Petroleum and Mineralsbachelor’s degree in financial management
Other boards
Abdullatif Alissa Holding GroupAl-Yusr Leasing and Finance CompanyBest Trading CompanyBeverages and Packaging Company (Tania)Development Company for Real Estate and Tourism DevelopmentAlfa Financial Company
Known for
Vice ChairmanFinancial & investment sectorKing Fahd University alumnusAlissa Group executive

Sources: education

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
holds a bachelor’s degree in financial management from King Fahd University of Petroleum and Minerals
value seen: King Fahd University of Petroleum and Minerals; bachelor’s degree in financial management
held out of the figures · the quote does not carry this value
https://www.alissa-group.com/en/board-of-directors-page/abdullah-abdulmohsen/

Sources: degree

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
holds a bachelor’s degree in financial management from King Fahd University of Petroleum and Minerals
value seen: bachelor’s degree in financial management
https://www.alissa-group.com/en/board-of-directors-page/abdullah-abdulmohsen/

Sources: institution

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
holds a bachelor’s degree in financial management from King Fahd University of Petroleum and Minerals
value seen: King Fahd University of Petroleum and Minerals
https://www.alissa-group.com/en/board-of-directors-page/abdullah-abdulmohsen/

Sources: full name

COMPANYdate not shown in source

ABDULLAH ABDULMOHSEN ALISSA – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## ABDULLAH ABDULMOHSEN ALISSA Vice Chairman
value seen: ABDULLAH ABDULMOHSEN ALISSA
https://gulf-re.com/en/team/t4/

Sources: other boards

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
Currently he holds the following positions: Member of the Board of Directors and Managing Director of Abdullatif Alissa Holding Group. Member of the Board of Directors of Al-Yusr Leasing and Finance Company. Member of the Board of Directors of Best Trading Company. Member of the Board of Directors of Beverages and Packaging Company (Tania). Member of the Board of Directors of the Development Company for Real Estate and Tourism Development. Member of the Board of Directors of Alfa Financial Company.
value seen: Abdullatif Alissa Holding Group; Al-Yusr Leasing and Finance Company; Best Trading Company; Beverages and Packaging Company (Tania); Development Company for Real Estate and Tourism Development; Alfa Financial Company
held out of the figures · the quote does not carry this value
https://www.alissa-group.com/en/board-of-directors-page/abdullah-abdulmohsen/

Sources: previous companies

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
He has more than twelve years of experience in the financial and investment sector as he started his career at the Financial Family Office Company in Bahrain, and then at Samba Financial Group and Riyad Capital. This is in addition to the positions of: Vice President for Investment in Mayas Investment Company, a member of the Board of Directors and Managing Director of Aqar and Mimar International Company. Managing Director of National General Motors Company, as well as the position of Chief Investment Officer in Abdullatif Alissa Group Holding Company.
value seen: Financial Family Office Company; Samba Financial Group; Riyad Capital; Mayas Investment Company; Aqar and Mimar International Company; National General Motors Company; Abdullatif Alissa Group Holding Company
held out of the figures · the quote does not carry this value
https://www.alissa-group.com/en/board-of-directors-page/abdullah-abdulmohsen/

Sources: role type

COMPANYdate not shown in source

ABDULLAH ABDULMOHSEN ALISSA – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## ABDULLAH ABDULMOHSEN ALISSA Vice Chairman
value seen: Vice Chairman
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://gulf-re.com/en/team/t4/

Sources: summary

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
He has more than twelve years of experience in the financial and investment sector as he started his career at the Financial Family Office Company in Bahrain, and then at Samba Financial Group and Riyad Capital. This is in addition to the positions of: Vice President for Investment in Mayas Investment Company... Member of the Board of Directors of Gulf Real Estate Company.
value seen: Alissa Group describes him as a financial and investment executive with experience at Financial Family Office Company, Samba Financial Group, Riyad Capital and Mayas Investment Company, and lists Gulf Real Estate among his current board roles.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.alissa-group.com/en/board-of-directors-page/abdullah-abdulmohsen/

Sources: tags

COMPANYdate not shown in source

ABDULLAH ABDULMOHSEN ALISSA – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## ABDULLAH ABDULMOHSEN ALISSA Vice Chairman
value seen: Vice Chairman
https://gulf-re.com/en/team/t4/

Sources: tags

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
He has more than twelve years of experience in the financial and investment sector
value seen: more than twelve years of experience in the financial and investment sector
https://www.alissa-group.com/en/board-of-directors-page/abdullah-abdulmohsen/

Sources: tags

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
holds a bachelor’s degree in financial management from King Fahd University of Petroleum and Minerals
value seen: bachelor’s degree in financial management
https://www.alissa-group.com/en/board-of-directors-page/abdullah-abdulmohsen/

Sources: tags

OTHERdate not shown in source

Mr. Abdullah Abdulmohsen Alissa | Alissa Group

Alissa Group
## Managing Director
value seen: Managing Director
https://www.alissa-group.com/en/top-management/abdullah-abdulmohsen/

Sources: title

COMPANYdate not shown in source

ABDULLAH ABDULMOHSEN ALISSA – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## ABDULLAH ABDULMOHSEN ALISSA Vice Chairman
value seen: Vice Chairman
https://gulf-re.com/en/team/t4/
NA
Nasir A.Albadah
He is Gulf Real Estate’s managing director. A 2017 trade-news report identified him as the company’s managing director and quoted him on hotel agreements with Rezidor, indicating responsibility for a hospitality-development expansion program.
Current title
MD
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Managing DirectorHotel development
https://sa.linkedin.com/in/nasir-albadah-41b8b769
We are pleased to enter into an agreement for our two hotel projects with The Rezidor Hotel Group, one of the world’s leading hotel operators. Eye of Riyadh 2017-11-29https://m.eyeofriyadh.com/news/details/rezidor-grows-park-inn-by-radisson-brand-in-saudi-arabia

Sources: full name

COMPANYdate not shown in source

Nasir A.Albadah – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## Nasir A.Albadah MD
value seen: Nasir A.Albadah
https://gulf-re.com/en/team/t3/

Sources: linkedin page

SOCIALdate not shown in source

nasir albadah - Managing Director at Gulf Real Estate

LinkedIn
Managing Director at Gulf Real Estate
value seen: https://sa.linkedin.com/in/nasir-albadah-41b8b769
https://sa.linkedin.com/in/nasir-albadah-41b8b769

Sources: quotes

PRESS2017-11-29

Rezidor grows Park Inn by Radisson brand in Saudi Arabia

Eye of Riyadh
We are pleased to enter into an agreement for our two hotel projects with The Rezidor Hotel Group, one of the world’s leading hotel operators.
value seen: We are pleased to enter into an agreement for our two hotel projects with The Rezidor Hotel Group, one of the world’s leading hotel operators.
https://m.eyeofriyadh.com/news/details/rezidor-grows-park-inn-by-radisson-brand-in-saudi-arabia

Sources: role type

COMPANYdate not shown in source

Nasir A.Albadah – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## Nasir A.Albadah MD
value seen: MD
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://gulf-re.com/en/team/t3/

Sources: summary

PRESS2017-11-29

Rezidor grows Park Inn by Radisson brand in Saudi Arabia

Eye of Riyadh
Nasir Albadah, Managing Director, Gulf Real Estate Company, says: “We are pleased to enter into an agreement for our two hotel projects with The Rezidor Hotel Group... The Park Inn by Radisson brand is the perfect fit for both the commercial hub of Riyadh and the business travelers and tourists visiting the city of Dammam.”
value seen: A 2017 trade-news report identified him as the company’s managing director and quoted him on hotel agreements with Rezidor, indicating responsibility for a hospitality-development expansion program.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://m.eyeofriyadh.com/news/details/rezidor-grows-park-inn-by-radisson-brand-in-saudi-arabia

Sources: tags

PRESS2017-11-29

Rezidor grows Park Inn by Radisson brand in Saudi Arabia

Eye of Riyadh
Nasir Albadah, Managing Director, Gulf Real Estate Company
value seen: Managing Director
https://m.eyeofriyadh.com/news/details/rezidor-grows-park-inn-by-radisson-brand-in-saudi-arabia

Sources: tags

PRESS2017-11-29

Rezidor grows Park Inn by Radisson brand in Saudi Arabia

Eye of Riyadh
We are pleased to enter into an agreement for our two hotel projects with The Rezidor Hotel Group
value seen: two hotel projects
https://m.eyeofriyadh.com/news/details/rezidor-grows-park-inn-by-radisson-brand-in-saudi-arabia

Sources: title

COMPANYdate not shown in source

Nasir A.Albadah – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## Nasir A.Albadah MD
value seen: MD
https://gulf-re.com/en/team/t3/
AI
AHMED IBRAHIM BIN SAEDAN
He is a Gulf Real Estate board member and a member of the Saidan business group’s leadership network. Addiyar’s biography lists finance and public-administration degrees and says he has served as Al Saidan Company’s chief executive officer since 15/5/2016.
Current title
Member of the Board of Directors
since 17/5/2022
Experience
no career length stated
Companies before
Al Saidan Company
Education
King Fahd University of Petroleum and MineralsBachelor degree in Finance
London Business SchoolMaster degree in Public Administration
Other boards
Saudi Legends CompanySard Real Estate Development CompanyTaqweem Medical Company
Known for
Board memberAl Saidan CEO since 2016Finance degreePublic administration degree

Sources: education

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
- Bachelor degree in Finance from King Fahd University of Petroleum and Minerals. - Master degree in Public Administration from London Business School.
value seen: King Fahd University of Petroleum and Minerals; Bachelor degree in Finance; London Business School; Master degree in Public Administration
held out of the figures · the quote does not carry this value
https://addiyar.com.sa/board-of-director/

Sources: full name

COMPANYdate not shown in source

AHMED IBRAHIM BIN SAEDAN – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## AHMED IBRAHIM BIN SAEDAN
value seen: AHMED IBRAHIM BIN SAEDAN
https://gulf-re.com/en/team/t2/

Sources: other boards

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
A membership of many companies and departments including: - Saudi Legends Company – Saudi Arabia (2006). - Sard Real Estate Development Company – Saudi Arabia (2010). - Taqweem Medical Company – United Arab Emirates (2010).
value seen: Saudi Legends Company; Sard Real Estate Development Company; Taqweem Medical Company
held out of the figures · the quote does not carry this value
https://addiyar.com.sa/board-of-director/

Sources: previous companies

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
Served as Chief Executive Officer of Al Saidan Company since 15/5/2016.
value seen: Al Saidan Company
https://addiyar.com.sa/board-of-director/

Sources: role type

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
## Ahmed Ibrahim bin Saedan Member of the Board of Directors
value seen: Member of the Board of Directors
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://addiyar.com.sa/board-of-director/

Sources: summary

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
- Bachelor degree in Finance from King Fahd University of Petroleum and Minerals. - Master degree in Public Administration from London Business School. - Served as Chief Executive Officer of Al Saidan Company since 15/5/2016.
value seen: Addiyar’s biography lists finance and public-administration degrees and says he has served as Al Saidan Company’s chief executive officer since 15/5/2016.
value paraphrased from this source
https://addiyar.com.sa/board-of-director/

Sources: tags

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
Member of the Board of Directors
value seen: Member of the Board of Directors
value paraphrased from this source
https://addiyar.com.sa/board-of-director/

Sources: tags

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
Served as Chief Executive Officer of Al Saidan Company since 15/5/2016.
value seen: Served as Chief Executive Officer of Al Saidan Company since 15/5/2016
value paraphrased from this source
https://addiyar.com.sa/board-of-director/

Sources: tags

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
Bachelor degree in Finance from King Fahd University of Petroleum and Minerals.
value seen: Bachelor degree in Finance
https://addiyar.com.sa/board-of-director/

Sources: tags

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
Master degree in Public Administration from London Business School.
value seen: Master degree in Public Administration
https://addiyar.com.sa/board-of-director/

Sources: title

COMPANYdate not shown in source

Board Of Director - Addiyar Housing Compound

Addiyar Housing Compound
## Ahmed Ibrahim bin Saedan Member of the Board of Directors
value seen: Member of the Board of Directors
https://addiyar.com.sa/board-of-director/
MS
MOHAMED SALAH AHMED AL AYOUB
He is identified by Gulf Real Estate as a board member. Independent reporting identifies him as CEO of Gulf Investment House and reports that the group was working to list its Gulf Real Estate subsidiary in Saudi Arabia; that is a future commitment, not evidence that a listing had been completed by the research date.
Current title
Member
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
Afkar Holding CompanyInovest
Known for
Board memberGulf Investment House CEOInvestment executive
The company is working to list its subsidiary Gulf Real Estate on the Saudi stock market. Markets 17/11/2024https://marketsar.com/6652/

Sources: full name

COMPANYdate not shown in source

MOHAMED SALAH AHMED AL AYOUB – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## MOHAMED SALAH AHMED AL AYOUB Member
value seen: MOHAMED SALAH AHMED AL AYOUB
https://gulf-re.com/en/team/t7/

Sources: other boards

OTHERdate not shown in source

الفريق – بيت الاستثمار الخليجي

Gulf Investment House
شغل عدة مناصب تنفيذية منها شركة إكتتاب. • نائب رئيس مجلس الادارة شركة أفكار القابضة. • عضو مجلس إدارة شركة إنوفست. • عضو مجلس إدارة شركة عقارات الخليج.
value seen: Afkar Holding Company; Inovest
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.gih.com.kw/ar/our-team/

Sources: role type

COMPANYdate not shown in source

MOHAMED SALAH AHMED AL AYOUB – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## MOHAMED SALAH AHMED AL AYOUB Member
value seen: Member
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://gulf-re.com/en/team/t7/

Sources: summary

PRESS2024-11-17

الرئيس التنفيذي لشركة بيت الاستثمار الخليجي: نعتزم إدراج «عقارات الخليج» في بورصة السعودية – Markets | ماركتس

Markets
قال محمد صلاح الأيوب الرئيس التنفيذي لشركة بيت الاستثمار الخليجي، إن الشركة تعمل على إدراج شركتها التابعة عقارات الخليج في سوق الأسهم السعودية.
value seen: Independent reporting identifies him as CEO of Gulf Investment House and reports that the group was working to list its Gulf Real Estate subsidiary in Saudi Arabia; that is a future commitment, not evidence that a listing had been completed by the research date.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://marketsar.com/6652/

Sources: tags

COMPANYdate not shown in source

MOHAMED SALAH AHMED AL AYOUB – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## MOHAMED SALAH AHMED AL AYOUB Member
value seen: Member
https://gulf-re.com/en/team/t7/

Sources: tags

PRESS2024-11-17

الرئيس التنفيذي لشركة بيت الاستثمار الخليجي: نعتزم إدراج «عقارات الخليج» في بورصة السعودية – Markets | ماركتس

Markets
قال محمد صلاح الأيوب الرئيس التنفيذي لشركة بيت الاستثمار الخليجي
value seen: الرئيس التنفيذي لشركة بيت الاستثمار الخليجي
held out of the figures · the quote does not carry this value
https://marketsar.com/6652/

Sources: tags

PRESS2024-11-17

الرئيس التنفيذي لشركة بيت الاستثمار الخليجي: نعتزم إدراج «عقارات الخليج» في بورصة السعودية – Markets | ماركتس

Markets
إن الشركة تعمل على إدراج شركتها التابعة عقارات الخليج في سوق الأسهم السعودية.
value seen: الشركة تعمل على إدراج شركتها التابعة عقارات الخليج في سوق الأسهم السعودية
held out of the figures · the quote does not carry this value
https://marketsar.com/6652/

Sources: title

COMPANYdate not shown in source

MOHAMED SALAH AHMED AL AYOUB – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## MOHAMED SALAH AHMED AL AYOUB Member
value seen: Member
https://gulf-re.com/en/team/t7/
BA
Bashar Ali Abdulrahman
He is the sixth and final person named in Gulf Real Estate’s current board listing. An independent professional-services source identifies Bashar Ali Abdulrahman as the chief executive officer of Arab Auditors Group; I found no reliable public source stating when he joined Gulf Real Estate or describing a Gulf Real Estate operating remit.
Current title
Board member
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Board memberArab Auditors Group CEO

Sources: full name

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## Bashar Ali Abdulrahman
value seen: Bashar Ali Abdulrahman
https://gulf-re.com/en/about-us/

Sources: role type

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## Board Of Directors ... ## Bashar Ali Abdulrahman
value seen: Board Of Directors
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://gulf-re.com/en/about-us/

Sources: summary

OTHERdate not shown in source

About – Arab Auditors Group

Arab Auditors Group · carried by aag-tax.com
The Arab Auditors Group (AAG) ... is represented by its Chief Executive Officer Mr. Bashar Ali Abdulrahman.
value seen: An independent professional-services source identifies Bashar Ali Abdulrahman as the chief executive officer of Arab Auditors Group; I found no reliable public source stating when he joined Gulf Real Estate or describing a Gulf Real Estate operating remit.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://aag-tax.com/about/

Sources: tags

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## Board Of Directors ... ## Bashar Ali Abdulrahman
value seen: Board Of Directors
value paraphrased from this source
https://gulf-re.com/en/about-us/

Sources: tags

OTHERdate not shown in source

About – Arab Auditors Group

Arab Auditors Group · carried by aag-tax.com
is represented by its Chief Executive Officer Mr. Bashar Ali Abdulrahman
value seen: Chief Executive Officer Mr. Bashar Ali Abdulrahman
https://aag-tax.com/about/

Sources: title

COMPANYdate not shown in source

About Us – Gulf Real Estate

Gulf Real Estate · carried by gulf-re.com
## Board Of Directors ... ## Bashar Ali Abdulrahman
value seen: Board Of Directors
value paraphrased from this source
https://gulf-re.com/en/about-us/

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.

1 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

1 project
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Radisson Hotel & Residence Riyadh OlayaRiyadh, Saudi Arabia
Al Yasmin
hotel, hotel residences2011—32,928 m²——2017December 5, 2017Jan 2022 – Dec 2022May 2024+22.5 mo
(+17.0 to +28.0)
estimatedcompleted
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

No documented awards or recognitions in the sources reviewed.

Risks

Auditor & credit ratings

audited accounts
AuditorPricewaterhouseCoopers (PwC)

Risk flags

1 found
DELIVERY DELAY Original commitment: Q4 2019; reported open: May 21, 2024
The Riyadh Olaya hotel owned by Gulf Real Estate Company was announced for opening in Q4 2019, but it was reported as newly open only on May 21, 2024; this indicates a delayed delivery against the original commitment, not a current failure to operate.

Record status

active
Coverageactive
Tracked sinceOctober 8, 2026
Last checkedOctober 14, 2026 this month
Profile last researchedOctober 14, 2026
Claim
Work for this company? Claiming lets you correct the record with sources and get alerts when it changes.
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.