Saudi Arabia has been witnessing billions and trillions dollars’ worth of investments in its economy aligned with the Kingdom’s national Vision 2030. As the scale of development continues to grow in the nation so does the need for more real estate and construction projects.
Many organisations have been playing their part in supporting the kingdom achieve its ambitions through their services and strategies. One such company that is supporting the real estate landscape in the country while helping add value through the development of large-scale projects has been Al-Jadd Group.
Founded in Riyadh by Abdullah Aljadani and Esslam Bafarat as co-founders, the Al-Jadd Group has three subsidiaries. These include Al-Jadd Real Estate Development and Investment that develops properties and residential developments in the kingdom; Al-Jadd United for Contracting that manages the contracting services for Al-Jadd for Real Estate Development and Investment; and Al-Jadd Gulf Investment that has a real estate and investment portfolio across Saudi Arabia, the UAE, Egypt and UK.
Al-Jadd for Real Estate Development and Investment supports sustainable and tech-enabled living. It also incorporates futuristic building practices that are primarily focus on green living and are powered with state-of-the-art technology.
As a Saudi company, the firm has been driven by its vision and mission that supports, nurtures, and enables the development of real estate projects, integrating innovative and creative technical solutions into the real estate sector.
In the company’s words: “Al-Jadd Group is an end-to-end real estate development and investment company enabling first-time property buyers and investors access to Saudi Arabia’s buoyant real estate market.”
The company told Construction Week Saudi that it aims to become the prime leader in real estate development, while also “revolutionising residential living through innovation and sustainability” to create enriching customer experiences and value for its stakeholders,
Furthermore, the company also aims to meet the nation’s housing improvement targets by implementing some of the industry’s most progressive building practices and advanced technology.
The company said: “Together we are stronger… and overtime we will identify more projects for us to complete together.”
Aljadd Group will organize an international conference in Jeddah, Saudi Arabia in the field of investment and real estate development, to present project ideas for the largest real estate projects to built in partnership with global and gulf companies and banks.
This milestone falls under Saudi Arabia’s Vision 2030 that looks to higher the private sector’s participation in the national economic growth and liberalisation, especially in a thriving sector such as development and real estate investment.
To keep up with the recent developments introduced by the fourth industrial revolution, the Kingdom of Saudi Arabia remains one of the leading countries in the real estate sector regionally and globally. As an important member of the real estate sector, Al-Jadd has been continuing to chart further expansion and mark more milestones in the industry.
