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Developer

Al Majdiah

Tadawul-listed Riyadh housebuilder

A Tadawul-listed Riyadh developer (4326) building apartments, villas and townhouses for families across Riyadh, Jeddah, Al Khobar and Madinah.

Browse all Al Majdiah developments

At a glance

Listed

Saudi Exchange (Tadawul: 4326), 2025

Founded

2014, Riyadh (family building since 1969)

Delivered

More than 18,000 homes (company-stated)

Developed

2.5 million m² (company-stated)

Cities

Riyadh, Jeddah, Al Khobar, Madinah

Role

Al Majdiah is the trading name of Dar Al Majed Real Estate Co., a Riyadh developer that listed on the Saudi Exchange main market in September 2025 under the ticker 4326, after an offering whose institutional book was covered 107 times. The company was formed in 2014, but the family behind it has been building in Riyadh since 1969, when the late Sheikh Abdulrahman bin Nasser Al Majed built his first investment villa. Its business is family housing rather than branded towers: compact apartment buildings numbered by project, gated villa and townhouse compounds, and large neighbourhoods delivered with the National Housing Company, much of it sold off-plan under the Wafi escrow programme. The company states it has developed 2.5 million square metres and more than 18,000 homes. For a buyer, the listing is the point: audited accounts and disclosed contracts make delivery risk easier to read than at most private Saudi developers. Al Majdiah has also begun selling to foreign buyers, closing the first phase of Meshraf Al Majdiah in Madinah to non-Saudi investors in September 2026.

Selected projects

  • Jazeel, Riyadh
  • Meshraf Al Majdiah, Madinah
  • Adeem Alfursan, Riyadh
  • Al Majdiah 158, Al Khobar
  • Makanah Tower, Riyadh

Current portfolio

Developments by Al Majdiah.

  • Developer render of Ma’ad Tower in Masar, Makkah: a pale screened tower above an arched podium among neighbouring towers and palmsComing soon
    Al Majdiah

    Saudi Arabia · Makkah · Masar

    Ma’ad Tower

    Ma’ad Tower is a forthcoming residential tower by Al Majdiah in the Masar destination, Makkah, about 1.7 km in a straight line from the Grand Mosque. Prices and plans are not yet published.

    StatusComing soon
  • Developer render of Teraz in Hittin, Riyadh: earth-toned contemporary homes with palms, seen from the streetComing soon
    Al Majdiah

    Saudi Arabia · Riyadh · Hittin

    Teraz

    Teraz is Al Majdiah's coming-soon scheme in Hittin, north-west Riyadh, 2.8 km from At-Turaif in Diriyah. Prices, sizes and unit types are not yet published; register with Omnia for the price book.

    StatusComing soon
  • Developer render of Meshraf Al Majdiah in Al Hadra, Madinah: apartment buildings lit at dusk along a streetNow selling
    Al Majdiah

    Saudi Arabia · Madinah · Al Hadra

    Meshraf Al Majdiah

    Meshraf Al Majdiah is a 412-home scheme of villas and apartments in Al Hadra, east Madinah. Phase one, 304 homes, sold in full to non-Saudi investors. Register through Omnia for the next release.

    StatusNow selling
  • Developer render of Khayala in Al Hamdaniyah, north Jeddah: an apartment building with timber-toned balconies and vertical finsNow selling
    Al Majdiah

    Saudi Arabia · Jeddah · Al Hamdaniyah

    Khayala

    Khayala is a 726-apartment scheme in 21 buildings in Al Hamdaniyah, north Jeddah, built with the National Housing Company. One, two and three bedroom homes from SAR 266,799, sold off-plan under Wafi.

    From£53,762
    Residences1–3 Beds
    StatusNow selling
  • Developer render of Al Basateen Villas in Al Muhammadiyah, Jeddah: a street of white contemporary villas with tall vertical finsNow selling
    Al Majdiah

    Saudi Arabia · Jeddah · Al Muhammadiyah

    Al Basateen Villas

    Al Basateen Villas is a 32-villa scheme by Al Majdiah in Al Muhammadiyah, north Jeddah: south-facing three bedroom villas of 404 m², from SAR 3,619,000, sold off-plan under Wafi.

    From£729,250
    Residences3 Beds
    StatusNow selling
  • Photograph of Al Majdiah 158 in Al Bahr, Al Khobar: a street of white apartment buildings under slate mansard roofsNow selling
    Al Majdiah

    Saudi Arabia · Al Khobar · Al Bahr

    Al Majdiah 158

    Al Majdiah 158 is a completed scheme of 116 homes in six buildings in Al Bahr, Al Khobar: 98 apartments and 18 villas. Apartments from SAR 739,100, villas from SAR 2,399,000.

    From£148,933
    Residences2–5 Beds
    StatusReady now
  • Developer render of Adeem Alfursan in Al Fursan, north-east Riyadh: a street of modern two-storey villas with front plantingNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Fursan

    Adeem Alfursan

    Adeem Alfursan is a scheme of 540 villas and townhouses in Al Fursan, north-east Riyadh, built in Al Majdiah's portfolio with the National Housing Company. Four bedroom homes from SAR 1,005,535, sold off-plan under Wafi.

    From£202,621
    Residences4 Beds
    StatusNow selling
  • Developer render of Al Mashriqya 2 in Al Janadriyah, Riyadh: low-rise apartment buildings with patterned lattice screens and palmsNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Janadriyah

    Al Mashriqya 2

    Al Mashriqya 2 is a 468-home apartment scheme in 35 buildings in Al Janadriyah, east Riyadh, sold off-plan under Wafi. One three bedroom home remained on 1 October 2026, at SAR 725,330.

    From£146,158
    Residences3 Beds
    StatusNow selling
  • Developer render of Rivan Villas in Al Rafiah, Riyadh: a street of contemporary villas at dusk with lit timber screensNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Rafiah

    Rivan Villas

    Rivan Villas is a scheme of 37 four bedroom villas in Al Rafiah, Riyadh, sold off-plan under Wafi from SAR 2,769,000. Seven were available on 1 October 2026, each with a private yard and roof terrace.

    From£557,970
    Residences4 Beds
    StatusNow selling
  • Developer render of Makanah Tower in Al Nakheel, Riyadh: a slender bronze-framed tower beside a white tower, the city skyline in haze behindNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Nakheel

    Makanah

    Makanah is a single tower of 140 apartments and penthouses in Al Nakheel, Riyadh, about 1.3 km from KAFD, sold off-plan under Wafi from SAR 1,619,000. Al Majdiah lists it among its schemes open to foreign buyers.

    From£326,238
    Residences1–3 Beds
    StatusNow selling
  • Photograph of Sadu in Al Narjis, Riyadh: an aerial view over the completed townhouse compoundNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Narjis

    Sadu

    Sadu is Al Majdiah's completed compound of 64 Salmani-style three bedroom townhouses in Al Narjis, north Riyadh, with smart home technology, majlis rooms and clubs, from SAR 1,919,000.

    From£386,690
    Residences3 Beds
    StatusReady now
  • Photograph of Derwaza in Al Narjis, Riyadh: the sculptural arch at the compound entrance, with ochre townhouses behindNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Narjis

    Derwaza

    Derwaza is Al Majdiah's completed compound of 70 three bedroom townhouses in Al Narjis, north Riyadh, with ochre facades, glazed internal courtyards and a final two homes from SAR 2,000,000.

    From£403,012
    Residences3 Beds
    StatusReady now
  • Photograph of Al Majdiah 163 in Al Faruq, Riyadh: neoclassical white apartment buildings along the streetNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Faruq

    Al Majdiah 163

    Al Majdiah 163 is a completed scheme of 210 apartments in 14 neoclassical buildings in Al Faruq, east Riyadh, with one, two and three bedroom homes from SAR 579,000.

    From£116,672
    Residences1–3 Beds
    StatusReady now
  • Photograph of Jazeel in Al Sulaimaniyah, Riyadh: a row of white two-storey villas with palms along an internal streetNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Sulaimaniyah

    Jazeel

    Jazeel is Al Majdiah's completed compound of 144 four bedroom villas in Al Sulaimaniyah, Riyadh, winner of the 2025 IRAA residential architecture award, with villas from SAR 2,999,000.

    From£604,316
    Residences4 Beds
    StatusReady now
  • Developer render of Al Majdiah 174 in Al Nada, Riyadh: sand-coloured low-rise apartment buildings with palms and landscapingNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Nada

    Al Majdiah 174

    Al Majdiah 174 is a 226-apartment scheme in eight buildings in Al Nada, north Riyadh, with two and three bedroom homes from SAR 959,000 and 155 available on 1 October 2026, sold off-plan under Wafi.

    From£193,244
    Residences2–3 Beds
    StatusNow selling
  • Developer render of Al Majdiah 178 in Hittin, Riyadh: apartment buildings with pale terracotta and grey framed facades above a landscaped courtyardNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Hittin

    Al Majdiah 178

    Al Majdiah 178 is a 158-home apartment scheme in 12 buildings in Hittin, north-west Riyadh, with a health club and garden courtyard, and two and three bedroom homes from SAR 1,459,000, off-plan under Wafi.

    From£293,997
    Residences2–3 Beds
    StatusNow selling
  • Developer render of a living room at Al Majdiah 183 in Al Rabi, Riyadh, with a media wall and cream sofasNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Rabi

    Al Majdiah 183

    Al Majdiah 183 is a 102-apartment scheme in eight buildings in Al Rabi, north Riyadh, 2.6 km from KAFD, with one, two and three bedroom homes from SAR 1,479,000, sold off-plan under Wafi.

    From£298,027
    Residences1–3 Beds
    StatusNow selling
  • Developer render of Al Majdiah 192 in Al Izdihar, Riyadh: four-storey apartment buildings with slate mansard roofs on a tree-lined streetNow selling
    Al Majdiah

    Saudi Arabia · Riyadh · Al Izdihar

    Al Majdiah 192

    Al Majdiah 192 is a 35-home apartment scheme in two buildings in Al Izdihar, north Riyadh, with two and three bedroom homes from SAR 1,059,000, sold off-plan under Wafi.

    From£213,395
    Residences2–3 Beds
    StatusNow selling

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