Ladun develops residential, hospitality, commercial and mixed-use real-estate projects in Saudi Arabia, serving homebuyers, tenants, investors and public-sector partners. Its integrated model combines off-plan sales, construction, land development, masterplanning, asset management and infrastructure delivery through subsidiaries for local demand 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 |
|---|---|---|---|
| Jawharat Al-RusaifahAl-Rusaifah, Makkah1,035 units | 7.6/ 10 | 7.6/ 10 | 7.4/ 10 |
The 4.3/5 cluster rating from 60 reviews is the largest published review base and sets the 7.8/10 converted anchor; the 4.6/5 rating for Building 13 is smaller and does not replace it. Recurring delivery and communication complaints, plus reported plumbing/HVAC and finish concerns, are partly offset by repeated praise for access, spaciousness, services and amenities, producing 7.4 overall. | Not found in sources: Limited independent engineering evidence | ||
The direct project reviews include praise that the buildings were “تابعه لوزارة الاسكان على الكود السعودي” and that the work was “تقريباً... مُتقن,” while another resident reported concerns about doors, paint, blocked air-conditioning pipes and blocked drainage. The ministry reported that electricity had been connected on 20 November 2022 and that handover would begin after services and units were ready; this is an event/status publication, not a current 2026 engineering inspection. | Daily-life feedback is positive about access and amenities: reviewers call the site “جميلة وسهلة الوصول,” say apartments are spacious with services available, and mention a mosque and quick service. Operational confidence is weakened by repeated complaints about delivery promises and communication, including “لا يوجد موعد محدد للتسليم”; the official 7 December 2022 notice confirms only a first-phase handover, so it should not be read as proof that every unit was complete by the research date. | ||
| Milla Residential VillasAl-Rabwah, Riyadh22 units | 7.0/ 10 | —/ 10 | 7.0/ 10 |
The building-specific aggregate of 4.0/5 from 10 ratings is the only published rating located, so it sets the anchor at 7.0/10 under the requested conversion. No recurring complaint or praise theme was supported by individual review text, and no structure-specific rating was published; the score therefore remains at the anchor. | Not found in sources: No infrastructure review text · No plumbing feedback · No HVAC feedback · No electrical feedback · No leakage or waterproofing feedback | Not found in sources: No management review text · No staff review text · No security review text · No cleanliness review text · No amenity review text | |
No building-specific written review text about structure or systems was located. The project listing advertises a smart home and elevator, while the building-specific rating page reports only an overall 4.0/5 from 10 ratings and provides no structural sub-score or infrastructure comments. | The building-specific page publishes an overall 4.0/5 from 10 ratings but exposes no written comments or living-quality sub-scores. Promotional project material describes smart homes, green spaces, integrated security and supporting facilities; those are advertised features, not resident-verified review findings. | ||
| FeynanJeddah1,708 units | 4.0/ 10 | —/ 10 | 4.0/ 10 |
No applicable platform aggregate rating for Feynan was located, so the score is based on the ten project-specific written reviews read. All ten were negative, and the recurring themes were delayed/non-delivery, unreliable dates, changed specifications, and poor communication; no direct occupied-building evidence supports a structure score. | Not found in sources: No recurring praise published | ||
no notes returned no links returned | The project-specific reviews describe a poor day-to-day buyer experience rather than an occupied-building experience: reviewers repeatedly report missed handover dates, inconsistent answers, and unanswered calls. One reviewer wrote «مشروع فينان مافي مصداقية مع الملاك», while another said they had been paying instalments for years without receiving the apartment. These are buyer and delivery complaints; the sources do not provide a published resident rating or reliable occupied-building amenity/maintenance assessment. |
Ladun developed a Makkah project of 1,035 residential units in partnership with NHC and delivered it to beneficiaries.
The parties partnered on construction and operation of Cheval Ladun Living, a 130-unit serviced-apartment tower in Riyadh.
Built Industrial Company was identified as the primary contractor for Cheval Ladun Living.
Al Rajhi Bank provided project financing for Cheval Ladun Living.
Ladun was appointed developer for a mixed-use project on land owned by the Asbar Al-Munsiyah Fund in Riyadh.
Ladun and Al-Ayuni formed a consortium for Makkah and Riyadh real-estate-balance-program development projects.
Ladun Investment Company signed a partnership agreement with award-winning hospitality group, Cheval Collection ... construction and operation of Cheval Ladun Living
the primary contractor, Built Industrial Company (a Ladun Investment subsidiary)
Al Rajhi Bank for project financing
Counterparty | Asbar Capital Company
LADUN Investment Company will act as the developer appointed by the Fund to provide development services, including highest and best use studies, design management, execution, marketing, and sales
the project is being developed in partnership with Al-Ayuni Contracting Co.
| COMPANY NUMBER | 1010467355 Simah Rating (Tassnief) report · SA · Active |
| Saudi Arabia | active 5 projects tracked |
| Residential, for sale | 3 of 5 |
| Other | 2 of 5 |
Nasser Saad Saud Al-Arifi CHM | Chairman | 53 | 2025-09-16
He was Board Member at Arriyadh Development.
Nasser Saad Saud Al-Arifi CHM | Chairman | 53 | 2025-09-16
تعيين المهندس/ ناصر بن سعد العريفي رئيساً لمجلس الإدارة
Nasser Saad Saud Al-Arifi CHM | Chairman | 53 | 2025-09-16
Nasser Saad Al-Arifi | Non-Executive Chairman of the Board
He was Board Member at Arriyadh Development.
Nasser Saad Saud Al-Arifi CHM | Chairman | 53 | 2025-09-16
The construction works are progressing excellently as planned in the schedule.Amlak 2020-01-02https://www.amlak.net.sa/27789/
تعيين الأستاذ/ سليمان بن عبدالعزيز الباتلي نائباً لرئيس المجلس وعضواً منتدباً
أكد الباتلي أن أعمال الإنشاءات تسير بشكل رائع كما مخطط له في الجدول الزمني
المؤتمر المنعقد يوم الأحد بتاريخ 29 -03 – 1447هـ الموافق 21-09-2025م ... تعيين الأستاذ/ سليمان بن عبدالعزيز الباتلي نائباً لرئيس المجلس وعضواً منتدباً
تعيين الأستاذ/ سليمان بن عبدالعزيز الباتلي نائباً لرئيس المجلس وعضواً منتدباً
Suleiman Abdulaziz Al-Batli | MD & Deputy Chairman of the Board
تعيين الأستاذ/ سليمان بن عبدالعزيز الباتلي نائباً لرئيس المجلس
أكد الرئيس التنفيذي لشركة لدن للاستثمار ... الأستاذ سليمان بن عبدالعزيز الباتلي
Suleiman Abdulaziz Al-Batli | MD & Deputy Chairman of the Board
Ladun Investment Co. seeks to develop two-to-five million square meters (sqm) in Riyadh over the coming period.ArgaamPlus 2025-11-24https://www.argaam.com/en/article/articledetail/id/1861224
Ladun started implementing new types of projects.ArgaamPlus 2024-11-14https://www.argaam.com/en/article/articledetail/id/1769532
1997 – 2003 King Fahad University of Petroleum & Mineral (KFUPM), Dhahran, Saudi Arabia Bachelor of Engineering, Applied Civil Engineering with Honors
1997 – 2003 King Fahad University of Petroleum & Mineral (KFUPM), Dhahran, Saudi Arabia Bachelor of Engineering, Applied Civil Engineering with Honors
2005 – 2006 Griffith University, Gold Coast, Queensland,Australia Master of Engineering in Structural and Construction Engineering with Distinction
2005 – 2006 Griffith University, Gold Coast, Queensland,Australia Master of Engineering in Structural and Construction Engineering with Distinction
20-3-2007 – 31-1-2011 : Griffith University, Gold Coast, Queensland, Australia PhD (Project Engineering and Management)
20-3-2007 – 31-1-2011 : Griffith University, Gold Coast, Queensland, Australia PhD (Project Engineering and Management)
HASSAN SHAWQI A. ALHAZMI
https://www.linkedin.com/in/dr-hassan-shawqi-alhazmi-b481034/
Ladun Investment Co. seeks to develop two-to-five million square meters (sqm) in Riyadh over the coming period.
Ladun started implementing new types of projects.
10.10.2021 – Current: CEO – Ladun Investment Company, Riyadh
Hassan Alhazmi, CEO of Ladun ...
10.10.2021 – Current: CEO – Ladun Investment Company, Riyadh
10.10.2021 – Current: CEO – Ladun Investment Company, Riyadh
Master, Finance at KSU
Master, Finance at KSU
Currently serving as board member, chairman of the remuneration committee, audit committee at LADUN and managing Partner at Future Goals Consultancy
Sultan Al Nugali
Managing Partner - Future Goals Consultancy (Current)
Chairman of the Board - SICO Saudi REIT
The new board includes ... Sultan Naqli ... The new four-year term starting Sept. 17, 2025.
Board-level executive and former CEO with a track record of leading investment, financial services, and strategic transformation initiatives across the GCC.
Board-level executive and former CEO
with prior experience as CEO of SICO Capital
Currently serving as board member, chairman of the remuneration committee, audit committee at LADUN
Adel Abdulaziz Al-Abdulsalam ... Chairs the Audit Committee and serves on the Board of Directors of The Helicopter Company (THC) and Ladun Investment Company.
Currently serves as Chief Financial Officer and Board Member at Kingdom Holding Company
Chairs the Audit Committee and serves on the Board of Directors of The Helicopter Company (THC) and Ladun Investment Company.
Held senior leadership positions in leading local and international companies, having worked at Danone Group, NADEC, and Al Faisaliah Group.
having worked at Danone Group, NADEC, and Al Faisaliah Group.
having worked at Danone Group, NADEC, and Al Faisaliah Group.
Holds a Master’s degree in Business Administration and a Bachelor’s degree in Accounting. Currently serves as Chief Financial Officer and Board Member at Kingdom Holding Company ... Chairs the Audit Committee and serves on the Board of Directors of The Helicopter Company (THC) and Ladun Investment Company.
He is the Chairman of the Audit Committee ... He holds the same roles at Ladun Investment Company
Currently serves as Chief Financial Officer and Board Member at Kingdom Holding Company
Currently serves as Chief Financial Officer and Board Member at Kingdom Holding Company
Holds a Master’s degree in Business Administration and a Bachelor’s degree in Accounting.
Holds a Master’s degree in Business Administration and a Bachelor’s degree in Accounting.
He is the Chairman of the Audit Committee and a Board Member at The Helicopters Company ... He holds the same roles at Ladun Investment Company
The new board includes ... Faisal bin Saud bin Mohammed Al Saud ... The new four-year term starting Sept. 17, 2025.
The new board includes ... Faisal bin Saud bin Mohammed Al Saud. The new four-year term starting Sept. 17, 2025.
The new four-year term starting Sept. 17, 2025.
Faisal bin Saud bin Mohammed Al Saud BRD | Director/Board Member
Faisal bin Saud bin Mohammed Al Saud 5.629 % | 28,143,950 | 5.629 % | 18 M ﷼
Faisal bin Saud bin Mohammed Al Saud 5.629 % | 28,143,950 | 5.629 % | 18 M ﷼
Faisal bin Saud bin Mohammed Al Saud BRD | Director/Board Member | - | 2025-09-16
0 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feynan | Jeddah, Saudi Arabia | residential for sale | 1,7081 | — | — | — | — | 2019 | 26/2/2019 م | Jun 2021 | May 2025 – Aug 2025 | +48.5 mo (+47.0 to +50.0) | sourced | completed |
| Al-Rimal land-development infrastructure | Riyadh, Saudi Arabia | other | — | — | — | — | — | — | — | — | Jan 2025 – Dec 2025 | — | not scorable | completed |
| Al-Usaylah land-development infrastructure | Makkah, Saudi Arabia | other | — | — | — | — | — | 2025 | November 19, 2025 | — | Jan 2025 – Dec 2025 | — | not scorable | completed |
| Jawharat Al-Rusaifah | Makkah, Saudi Arabia Al-Rusaifah | residential for sale | 1,0351 | — | — | — | — | 2018 | 04-11-2018 | — | Jan 2024 – Dec 2024 | — | not scorable | completed |
| Milla Residential Villas | Riyadh, Saudi Arabia Al-Rabwah | residential for sale | 221 | — | — | — | — | — | — | — | Jan 2024 – Dec 2024 | — | not scorable | completed |
| Auditor | El Sayed El Ayouty and Co |
| Simah Rating (Tassnief) | BBB+ (Triple B Plus) long-term; T-4 short-term stable outlook · 2024-09-15 |
| Coverage | active |
| Tracked since | October 8, 2026 |
| Last checked | October 8, 2026 this month |
| Profile last researched | October 8, 2026 |
| Claim |