Arriyadh Development Company (4150)

Overview

Arriyadh Development Co., established in 1993 and based in Riyadh, Saudi Arabia, is a versatile enterprise engaged in a broad spectrum of real estate and automotive activities. The company's operations encompass the buying, selling, and developing of land and properties across Saudi Arabia. Its business model is diversified across several segments, including Commercial Centers, Public Benefit, Lands and Contributions, and Common Assets and Liabilities. With a focus on leveraging modern construction methods, Arriyadh Development Co. aims to contribute to the residential and commercial advancements within the region. This approach not only underscores its commitment to the real estate development sector but also showcases its involvement in the automotive industry, particularly through the sale of a variety of vehicles.

Products and Services

• Real Estate Development & Sales

  Arriyadh Development Co. takes on projects related to the development of both residential and commercial buildings. Applying modern construction methodologies, the company caters to the dynamic demands of Saudi Arabia’s real estate market. Its real estate services extend beyond development to include the sale of lands and properties. This segment is crucial in understanding the company's core operations in creating valuable spaces for living and business operations.

• Off-Plan Sales Activities

  The company engages in the sale of properties before they are constructed, known as off-plan sales. This service allows investors and buyers to purchase real estate at potentially lower prices compared to completed properties. Off-plan sales are significant for those looking to invest in real estate at an early stage, offering a range of options across residential and commercial spaces.

• Property Management & Leasing

  Arriyadh Development Co. also specializes in the management and leasing of both residential and non-residential properties. Whether the properties are owned or leased out, the company ensures optimal management practices that benefit both property owners and tenants. This service is particularly valuable for individuals and businesses seeking well-managed and strategically located properties for lease.

• Automotive Sales

  The diversification of Arriyadh Development Co. extends into the automotive sector with the wholesale and retail sale of new and used private cars, including specialized vehicles such as ambulances, minibuses, and four-wheel-drive vehicles. This aspect of the business caters to a wide range of customer needs, from personal vehicles to commercial and utility vehicles required by various sectors.