Omnia MarketsDeveloper · Saudi Arabia
Al Ramz targets 2.5 billion riyals in property sales by end-2026.
Argaam reported in Arabic that the listed developer also cites a 15.4 billion riyal backlog of work.
On 10 November 2026 Argaam reported in Arabic that Al Ramz is targeting property sales of about 2.5 billion riyals by the end of 2026. The same report put the firm’s accumulated work portfolio at 15.4 billion riyals.
The Argaam item did not break the sales target or the backlog by city, project or product type, and it did not give a timetable for when backlog contracts convert into completed stock. No other publisher figures for the same statement were available in the material reviewed.
From the JournalCar makers, jewellers and hotels that put their names on homes.Our take
Omnia Desk
A listed sales target is a supply signal, not a freehold map.
Al Ramz’s 2.5 billion riyal end-2026 sales aim and 15.4 billion riyal backlog tell a foreign buyer that one listed name is still booking a large pipeline. They do not say which plots sit inside approved freehold zones, or whether any of that stock matches the schemes we place.
Our catalogue developers for this market are Dar Global, Midad Real Estate, Mohammed Al Habib, Al Majdiah and Dar Al Arkan. Al Ramz is not among them, so this print does not reset starting prices on Makanah by Al Majdiah or the other Al Majdiah lines we sell, nor does it rewrite the ownership checks in our GCC Property Wealth Report 2026.
Treat the figures as scale context for Saudi delivery capacity. The buyer checks that still matter are freehold maps, Wafi escrow terms where a scheme uses them, and the published bands on stock we actually list.
Sources
About Omnia Markets- 1Argaam (Arabic) · 10 November 2026الرمز: نستهدف مبيعات عقارية بنحو 2.5 مليار ريال بنهاية 2026.. ومحفظة الأعمال المتراكمة 15.4 مليار ريال(opens in a new tab)
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