AlRamz Real Estate Company

What AlRamz Real Estate Company does

AlRamz Real Estate Company is a Saudi Arabia-based real estate developer founded in 2016 in Riyadh by the Al-Rasheed family. The company develops residential and commercial real estate across six cities — Riyadh, Al Khobar, Dammam, Jeddah, Makkah, and Buraydah — with a portfolio spanning villas, apartments, townhouses, residential floors, mixed-use developments, and grade-A office space. Its project set includes Yusr Village (144 units), Sadeem Villas (52 villas), Lolia Villa (30 villas in Al Khobar), Rafed (mixed-use, 27,118 sqm), the Maktabi office complex (315 offices), Ramz Tower (99 offices), and the recently consolidated Qurtubah 2 (approximately 1,800 residential units plus 250 retail/office units). The portfolio exceeds SAR 6.5 billion in value with 61+ projects and roughly 10,400 units in pipeline or delivered.

The company operates a vertically integrated model through its wholly-owned ZAT Construction subsidiary, which executes project delivery, complemented by in-house digital tools — the Atar mobile application for maintenance and property management and a customer web portal for transactions and inquiries. Smart-home features (smart access, central vacuum, surveillance) are integrated across the residential portfolio. Revenue is generated primarily through off-plan and completed unit sales (one-time license), supplemented by recurring rental income and Shariah-compliant real estate investment fund structures managed by SNB Capital and Al Rajhi Capital (managed services/recurring). The company sells via three owned sales centers, a broker portal, website self-serve, and fund-based distribution, targeting Saudi families, commercial tenants, and real estate investors.

AlRamz filed for an IPO on the Saudi Tadawul Main Market (approval received June 30, 2025), offering 30% of post-capital-increase share capital with SNB Capital as financial advisor. FY2024G revenue was SAR 952 million (+78.9% YoY) with net profit of SAR 158 million (+25.1% YoY), and Q1 2026 revenue reached SAR 360.3 million (+169.2% YoY) with net profit of SAR 28.7 million (+340.0% YoY). Major fund- and partnership-driven projects include the SAR 370 million Al Ahli Al Ramz Assayel Residential Fund, the SAR 650 million Al Raed District fund, the SAR 418 million Ramz Al Hijaz Fund (Makkah), and a SAR 262 million land-development role within the ROSHN SEDRA community in North Riyadh.

Name

AlRamz Real Estate Company

Legal name

Al Ramz Real Estate Company

Website

https://alramzre.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

AlRamz is a Saudi Arabian real estate developer (founded 2016, Riyadh) building residential and commercial projects across six cities, with a portfolio exceeding SAR 6.5 billion, vertical integration via ZAT Construction, and a pending IPO on the Saudi Tadawul Main Market.

Ownership category

akta.pro rank

Product category

Residential and Commercial Real Estate Development

NAICS

Real Estate and Rental and Leasing (53), Real Estate Property Managers (53131), Residential Property Managers (531311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Multifamily Apartment Property Management (BPAJAFAA), Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Residential real estate development
• Commercial property development
• Villa and apartment projects
• Mixed-use real estate
• Real estate investment funds

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Real Estate Development and Sales: Development and sale of residential units (villas, apartments, townhouses, residential floors) and commercial properties (office spaces, retail). Primary revenue stream from off-plan and completed property sales.
2. Real Estate Investment Funds: Participation in investment fund structures (e.g., Alahli Al Ramz Assayel Residential Fund managed by SNB Capital) for project development, generating returns through fund ownership and management fees.
3. Property Rental: Rental income from commercial properties and some residential units (e.g., Rafed project with fully rented status).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

AlRamz Real Estate Company develops, sells, and leases residential and commercial real estate across six Saudi Arabian cities. Its core offerings include off-plan and completed residential units (villas, apartments, townhouses, residential floors), commercial offices, and mixed-use developments, supplemented by Shariah-compliant real estate investment funds and digital customer platforms (Atar mobile app and web portal). Revenue is generated primarily through one-time unit sales, with additional recurring rental income and fund management participation.

Product overview

Al Ramz Real Estate Company is a Saudi Arabian real estate developer offering a diversified portfolio of residential and commercial projects across six cities in the Kingdom. The product portfolio includes residential apartments (Yusr Village — 144 units), residential villas (Sadeem Villas — 52 units, Lolia Villa — 30 units, Aykah Town — 55 units), residential floors (Jadeel — 32 units, Jadeel Al Rimal — 168 units, Ramz 35 — 20 units, Ramz 24 — multiple units), and commercial office projects (Ramz Tower — 99 offices, Faseelah Square — 12 offices, Maktabi Complex — 315 offices). The company also develops mixed-use projects (Rafed, Qurtubah 2) and manages investment funds for residential developments. Digital offerings include the Atar maintenance mobile application and a customer web portal. A fully-owned construction subsidiary, ZAT Construction, handles project execution. The company operates across Riyadh, Al Khobar, Dammam, Jeddah, Makkah, and Buraydah.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Projects completed within 14-16 months from building permit
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core, major and minor.

• ROSHN GroupcoreStrategic or Co-development Partner · 22 February 2026ROSHN Group, PIF-owned real estate developer, partnered with Alramz for land development in the SEDRA community, North Riyadh. Alramz deal valued at SAR 262 million for 14,000+ sqm of land plots.
• Arabian DyarmajorStrategic or Co-development Partner · 22 February 2026Part of ROSHN's SEDRA community development agreements. Arabian Dyar received SAR 1.1 billion contract for 55,000+ sqm of land development.
• Tiraz Al ArabiaminorStrategic or Co-development Partner · 22 February 2026Partner with ROSHN for commercial facilities development in the SEDRA community.
• Assayel Al Arabia Real Estate CompanycoreStrategic or Co-development Partner · 8 June 2025Subsidiary of Ali bin Zaid Al Qarishi & Brothers Company. Partner in the Alahli Al Ramz Assayel Residential Fund for developing the Ramz Al Raed 2 project in Al Raed District, Riyadh.
• Nawarah Association (جمعية نوارة)minorOthersCommunity partnership agreement for supporting humanitarian initiatives focused on restoration and maintenance of homes for vulnerable families, aligned with Saudi Quality of Life Program.
• Ministry of Municipal and Housing AffairscoreOthersGovernment partnership for regulatory compliance and project approvals in Saudi Arabia's real estate development sector.
• National Housing Company (الوطنية للإسكان)majorOthersStrategic government partnership supporting housing development initiatives and regulatory alignment.
• ZAT ConstructioncoreStrategic or Co-development PartnerFully-owned construction management subsidiary of Al Ramz. Excels in managing and constructing real estate projects with focus on operational efficiency, engineering expertise, and strategic partnerships with subcontractors and suppliers.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Aldar Properties: UAE-listed major regional developer with residential, commercial, and mixed-use portfolio. Relevant peer for capital structure benchmarking and Tadawul/ADX comparable valuation; serves similar premium residential buyer profile but with broader regional footprint.
• Emaar Properties: UAE-based regional real estate developer with global brand presence. Comparable luxury residential and integrated community product offering; relevant benchmark for AlRamz's premium positioning and brand-led strategy (international awards, lifestyle marketing) but operates at substantially larger scale across multiple geographies.
• DAMAC Properties: UAE-listed premium residential developer with branded luxury real estate focus. Comparable in premium villa and apartment product positioning and luxury lifestyle branding strategy. Larger scale but serves as a regional benchmark for high-end Saudi-targeted product development.
• Taiba Investments Company: Listed Saudi real estate developer focused on Madinah and other Saudi cities. Comparable residential and hospitality product mix; serves similar Saudi middle-class buyer segments. Larger and more established but overlapping target markets with AlRamz's Makkah/Madinah focus.
• Saudi Real Estate Company: Long-established Tadawul-listed Saudi real estate company developing residential, commercial, and mixed-use properties. Larger and more diversified than AlRamz with longer operating history; comparable product portfolio but broader geographic and segment exposure.

Direct peers

• Jabal Omar Development: Listed Saudi developer concentrated on Makkah's hospitality and residential real estate. AlRamz has its own Makkah exposure (Ramz Al Hijaz Fund, two residential towers). Comparable Saudi developer with public-market listing and focus on premium real estate in Tier 1 Saudi cities.
• Emaar The Economic City (Knowledge Economic City): Listed Saudi developer (Emaar-affiliated) developing KAEC master-planned city. Comparable in residential and commercial development, Saudi-focused, with similar reliance on Vision 2030-aligned demand drivers. Smaller scale than AlRamz on revenue but operates in similar regulatory and capital environment.
• Dar Al Arkan Real Estate Development: Largest private Saudi real estate developer listed on Tadawul. Develops residential villas, apartments, and mixed-use projects across Saudi Arabia, with comparable product mix (residential + commercial) and Saudi-only geographic focus. Closest direct competitor given overlapping mid-to-upper market positioning and similar fund-based financing models.
• ROSHN Group: PIF-owned Saudi residential developer focused on integrated master-planned communities. Direct partner with AlRamz on SEDRA development in North Riyadh. Comparable in residential product mix and Vision 2030 alignment, but operates at substantially larger scale as a PIF portfolio company.
• Retal Urban Development Company: Saudi-listed residential and commercial developer with diversified portfolio across Riyadh and Eastern Province. Comparable scale and product mix to AlRamz with similar target customer segments (mid-market residential buyers) and Saudi-only geographic concentration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/alramzre
• YouTubeyoutube.com/channel/UCzxPvU71posVsf4n6z2gSTA
• LinkedInlinkedin.com/company/alramzre
• Instagraminstagram.com/alramzre
• Facebookfacebook.com/alramzre

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AlRamz Real Estate Company