Dar Al Majed Real Estate Co. (4326)

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News

15 September 08:43 AM Knowledge Economic City, Al Majdiah expect SAR 4bn revenues from Madinah project

Riyadh – Mubasher: Knowledge Economic City signed a memorandum of understanding (MoU) with  Dar Al Majed Real Estate Company (Al Majdiah) and Capital Hill Solutions to develop a qualitative residential project in Madinah with an estimated initial …

Companies Investments

15 September 08:18 AM Al Majdiah rolls out SAR 2.8bn deal for mixed-use project

Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) signed a memorandum of understanding (MoU) with Knowledge Economic City and Capital Hill Financial to develop a mixed-use real estate project in Madinah. The preliminary total cost …

Company News

13 September 07:39 AM Al Majdiah pens SAR 185m development agreement for Mishraf Al Majdiah project

Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) inked a real estate development agreement with the Jadwa Al Maqar Real Estate Fund for the Mishraf Al Majdiah project in Madinah. The contract, valued at a maximum of SAR 185 …

Company News

6 August 01:34 PM Al Majdiah inks SAR 396m development agreement for Masar Destination project

Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has signed a real estate development agreement with Real Estate Investment Fund 9 to serve as the lead developer for a residential project in Makkah. The contract, signed on 4 August …

Company News

3 August 06:37 PM Almajdiah achieves SAR 80.5m net profits in H1-26; revenues fall 28.5%

Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) recorded net profits valued at SAR 80.33 million for the first half (H1) of 2026, representing a 62.15% decrease from SAR 212.22 million in the same period last year. The company …

Financial Results

1 July 05:30 PM Almajdiah unveils development contracts worth nearly SAR 266m

Riyadh – Mubasher: Almajdiah Real Estate Company has announced the successful conclusion of its Ordinary General Meeting (OGM) held on 30 June 2026. Shareholders representing 65.56% of the company’s capital convened via modern technology to …

Real estate

25 June 02:20 PM Almajdiah enters into framework agreement for project in Makkah

Riyadh – Mubasher: Almajdiah Real Estate Company has signed a framework agreement for the development of the Eastern Hindawiyah area in Makkah, according to a bourse filing. The agreement was penned on 24 June 2026 to establish the legal and …

Company News

17 June 03:00 PM Al Majdiah opens new sale center in Jeddah

Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has officially announced the opening of its newest sales center in Jeddah. This strategic expansion, situated in the prominent Al-Shati district, is designed to bolster the company’s …

Company News

14 June 06:39 PM Al Majdiah announces resignation of Al Tunisi

Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has officially disclosed the resignation of Ziad Mohammed Makki Al Tunisi from his role as an independent board member, according to a bourse filing. The announcement, released …

Management Decisions

10 June 01:24 PM Al Majdiah rolls out SAR 211.6m development agreement

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) signed a deal with Jadwa Al Manzel Real Estate Fund, represented by Ahdath Real Estate Data Company, at a value of SAR 211.61 million. Dar Al Majed Real Estate Company has been …

Real estate

9 June 04:36 PM Al Majdiah signs MoU to launch educational real estate fund

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) signed a non-binding memorandum of understanding (MoU) with Al Ahli Capital, along with Rekaz Real Estate Company and Al Jadah Al Oula Real Estate Development Company. The companies …

Companies Investments

1 June 10:40 AM Al Majdiah, First Avenue awarded SAR 2bn project deal in Makkah

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) was awarded a project contract for developing the Eastern Al Hindawiya site in Makkah under the supervision of the Royal Commission for Makkah City and Holy Sites. The alliance …

Company News

15 April 01:29 PM Al Majdiah announces new Chairman, Vice Chairman

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) named Khalid bin Abdulrahman Al Majed as the board’s Chairman for the next four years. Majed bin Abdulrahman Al Majed was appointed as the Vice Chairman until 12 April 2030, …

Management Decisions

18 March 07:49 AM Al Majdiah expands Banque Saudi Fransi’s credit facilities to SAR 684.5m

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) inked an addendum with Banque Saudi Fransi to raise its credit facilities to SAR 684.46 million from SAR 550 million. The amended agreement, signed on 12 March 2026, extends the …

Banking and Finance

20 January 10:25 AM Al Majdiah obtains SAR 500m loan from ANB

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) obtained a SAR 500 million loan from Arab National Bank (ANB) to support the coming project in line with its strategic expansion plans. The financing is guaranteed by promissory …

Real estate

19 January 08:17 AM Al Majdiah supports expansion plans via SAR 500m loan from Alinma Bank

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) inked a Shariah-compliant banking facility agreement valued at SAR 500 million with Alinma Bank on 15 January 2026, according to a bourse filing. The loan aims to strengthen the …

Real estate

15 December 2025 03:54 PM Al Majdiah inks SAR 85m residential development deal in Riyadh

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has signed a development agreement with the Jadwa Al-Manzel Real Estate Fund to establish a residential compound in Riyadh’s Hittin district. Spanning 14,709 square meters (sqm), the …

Companies Investments

16 September 2025 03:35 PM Al Majdiah inks SAR 454m contracts for residential projects

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has signed two contracts worth a combined value of SAR 453.60 million with Tatweej Contracting Company to implement residential projects. The deals cover the Adeem Al-Fursan project …

Real estate

9 September 2025 08:41 AM Al Majdiah to float 30% of share capital on Tadawul this week

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) is expected to commence trading its shares on the Saudi Exchange (Tadawul) on Wednesday, 10 September. Trading under the symbol 4326, Al Majdiah will list 90 million shares, …

Real estate