Amaar
Amaar Holding is a Saudi Arabian private investment holding company (founded 2011, Al Khobar) operating through subsidiaries Amaar Real Estate, Tasawy (infrastructure), and Amaar Mining. It develops and auctions land plots in the Eastern Province, manages a SAR 400M real estate fund, and serves individual homebuyers, developer partners, and government entities.
- Company typePrivate
- Founded2011
- HeadquartersAl Khobar, Saudi Arabia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Amaar does
Amaar Holding Company (شركة عمار القابضة) is a privately held Saudi Arabian investment holding company headquartered in Al Khobar, Eastern Province, founded in 2011. It operates through three wholly-owned subsidiaries: Amaar Real Estate, which manages, develops, and sells land plots and residential projects via public auctions; Tasawy, which provides infrastructure development services and heavy equipment for land projects; and Amaar Mining, which pursues mining opportunities leveraging geological expertise. The group also manages the SAR 400 million Amaar Fund for Real Estate Investment Opportunities in partnership with Arbaa Financial and Al-Ajlan Group.
The company makes money primarily through one-time sales of developed land plots at public auctions (with realized prices varying by location and infrastructure quality, e.g., SAR 600/sqm residential at Al-Tawfiq), project-based infrastructure contracts via Tasawy, and management fees and performance returns from its closed real estate fund. Its GTM is anchored in high-profile auction events, direct sales of residential villas (e.g., the 34-villa Qnwan project), and strategic joint ventures with major Saudi developers such as Al Rashid Group, Al-Ajlan Group, Watan, Mathar, and Dorche Global. Notable transactions include the SAR 4.2+ billion Misk Tarout joint acquisition with Al Rashid Group (the largest auction by value in the Kingdom) and cumulative development value of SAR 5.5 billion across 13 projects by 2020.
Amaar's customers span individual Saudi homebuyers and residential investors, institutional real estate developers and co-investors, industrial and logistics plot buyers, and government and charitable entities in the Eastern Province. The company differentiates itself through 20+ years of track record, royal and government recognition, an established auction platform enabling rapid sell-through, and end-to-end vertical integration from raw land acquisition through infrastructure to sales. There is no proprietary technology platform; value creation is driven by land access, capital deployment, partnerships, and brand credibility rather than software or AI capabilities.
Amaar firmographics
Firmographics- Name
- Amaar
- Legal name
- Amaar Holding Company
- Website
- https://amaar.sa
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Amaar Holding is a Saudi Arabian private investment holding company (founded 2011, Al Khobar) operating through subsidiaries Amaar Real Estate, Tasawy (infrastructure), and Amaar Mining. It develops and auctions land plots in the Eastern Province, manages a SAR 400M real estate fund, and serves individual homebuyers, developer partners, and government entities.
- Ownership category
- akta.pro rank
Amaar industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Offices of Other Holding Companies (551112), Corporate, Subsidiary, and Regional Managing Offices (551114), All Other Financial Investment Activities (52399), Other Financial Vehicles (52599)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Real Estate (6500)
- akta.pro primary industry
- Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)
- akta.pro secondary industry
- Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)
Keywords
Where Amaar is headquartered
LocationHeadquarters
- HQ city
- Al Khobar
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices1 record
Markets served
Amaar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales
Revenue model
- Real Estate Sales and Development: Amaar Real Estate subsidiary generates revenue from management, development, and marketing and sales services for real estate projects, including land plot auctions and residential villa developments such as Qnwan project. Revenue is realized through outright sales of developed land and residential units.
- Infrastructure Development Services: Tasawy subsidiary provides infrastructure development services for land projects, including heavy equipment and support services for infrastructure development projects. Revenue is earned through project-based contracts and service fees.
- Mining Operations: Amaar Mining leverages on-the-ground capabilities and deep geological expertise to drive Amaar Holding's mining ambitions and identify strategic opportunities within Saudi Arabia. Revenue is generated from mining extraction and sale of mineral resources.
- Real Estate Investment Fund Management: Through the Amaar Fund for Investment Opportunities, the company manages a closed real estate investment fund (SAR 400 million) in partnership with Arbaa Financial and the Aujalan Group. The fund targets development of industrial, commercial, residential, and agricultural lands, earning management fees and performance-based returns.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Land plots sold via public auction — price determined by market demand at auction events |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Amaar product offering
Product offeringCore offering
Amaar Holding is a Saudi Arabian investment holding company that develops, manages, and sells real estate projects through its subsidiary Amaar Real Estate, delivers infrastructure development services through Tasawy, and conducts mining operations through Amaar Mining. The company operates primarily in Saudi Arabia's Eastern Province, holding diversified interests across real estate, infrastructure, and mining sectors.
Product overview
Amaar is a diversified Saudi Arabian investment holding company operating through three main subsidiaries: Amaar Real Estate (real estate development and sales), Tasawy (infrastructure development for land projects), and Amaar Mining (geological expertise and mining operations). The company also manages a real estate investment fund (Qirrad) and provides educational research content on real estate investment strategies. Amaar focuses on strategic investments in the Eastern Province of Saudi Arabia, with projects including residential developments, commercial land auctions, and industrial zone projects.
Differentiator
Problem solved
Functional benefit
Brands
- Tasawy: Infrastructure development for land projects. Heavy equipment and support services for infrastructure development projects.
- Amaar Real Estate
- Amaar Mining
Products and services
- Amaar Real Estate Real estate development subsidiary focused on land auctions and integrated residential and commercial development projects across Saudi Arabia's Eastern Province, serving developers, institutional investors, and individual buyers.
- Tasawy (Infrastructure Services) Infrastructure development subsidiary providing infrastructure services to support real estate projects and public-sector tenders in Saudi Arabia.
- Amaar Mining Mining operations subsidiary engaged in mineral resource extraction activities in Saudi Arabia.
- Qirrad Real Estate Investment Fund Real estate investment fund providing investors with managed exposure to Amaar's development pipeline, including auctioned land plots and project participation opportunities.
- Qnwan Residential Villas Residential villa development product targeted at individual homebuyers within Amaar's integrated community projects.
- Iwan Residential Land Plots Residential land plots offered via public auction for individual buyers and developers to build custom homes.
- Taawun Mixed-Use Development Mixed-use development project combining residential, commercial, and community facilities in the Eastern Province.
- Emdad Industrial Development Industrial land and logistics development project targeted at industrial operators and logistics companies.
- Durrat Al-Khaleej Development Waterfront-oriented development project located in the Eastern Province of Saudi Arabia.
Quantifiable outcome
- Sold entire Durrat Al-Khaleej plot (868,000 sqm) in under 3 hours at ~182 SAR/sqm
- +3 more outcomes
Companies that use Amaar
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Amaar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Amaar partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, minor and major.
- Wedad Society for Orphan Care (جمعية الوداد لرعاية الأيتام)coreAmaar Holding participated in the 'Foster Care: Responsibility and Empowerment' Forum organized by Wedad Society in conjunction with World Foster Care Day. The partnership involved joint community outreach to support children without parental care, with Amaar contributing as a private sector sponsor.
- Eastern Province Development AuthoritycoreCo-organized the Foster Care Forum alongside Wedad Society and the Eastern Province Council for Social Responsibility, under the patronage of HRH Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province.
- Eastern Province Council for Social Responsibility (Ebsar)corePartnered with Ebsar Council to co-organize the Foster Care Forum, with the Council presenting its role in empowering social initiatives across the Eastern Province region.
- Dorche Global (دورش العالمية)coreAmaar Real Estate signed a Memorandum of Understanding with Dorche Global to enhance the quality of its real estate projects in the Kingdom, aiming to elevate project standards and execution quality.
- Al Ber Society (جمعية البر)coreAmaar Holding was honored by the Eastern Province Governor for supporting Al Ber Society's charitable programs, indicating an ongoing partnership for social welfare and philanthropy in the Eastern Province.
- Insights Consulting (إنسايتس للاستشارات)minorAmaar Real Estate signed a partnership agreement with Insights Consulting to conduct market studies and economic feasibility analyses for real estate projects, enabling data-driven investment decisions.
- Al Rashid Group (مجموعة الرشيد)coreAl Rashid Group and Amaar Holding jointly acquired the Misk Tarout project (5.3+ million sqm) for over SAR 4.2 billion — described as the largest auction by value in Saudi Arabia, representing a flagship strategic acquisition.
- Al-Ajlan Group (مجموعة عجلان وإخوانه)coreLong-standing strategic partnership for joint land development projects including Al-Tawfiq, Ewan, Durrat Al-Khaleej, Emdad Industrial, and Tanawu Al-Sanayi developments. Al-Ajlan and Amaar formed the core of major Saudi real estate consortiums.
- Watan Real Estate (شركة وتد العقارية)majorWatan Real Estate partnered with Amaar and Al-Ajlan Group in multiple land development projects, contributing development expertise and co-investment in major Eastern Province plots.
- Mathar Real Estate (شركة مصادر العقارية)majorMathar Real Estate was a co-developer alongside Amaar and Al-Ajlan in multiple auction-based land development projects in the Eastern Province.
- Ban Real Estate Development (بان للتطوير العقاري)majorAmaar Real Estate signed a development and execution agreement with Ban Real Estate to build 34 residential villas in the Al-Tawfiq district on 15,251 sqm, with completion expected within one year.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Amaar competitors and assessment
Company assessmentBroad incumbents
- Emaar Properties: UAE-based global mega-developer and benchmark for Gulf real estate development. Illustrates the scale and operating model of a fully integrated real estate investment and development business, useful as a strategic aspirational comparable.
- SEDCO Holding: Saudi diversified holding company with significant real estate and investment activities. Structurally comparable to Amaar Holding's multi-subsidiary holding model spanning real estate and adjacent sectors.
- Taiba Investments: Saudi listed real estate investment company investing in hospitality, residential, and commercial real estate. Comparable in investment-style exposure to Saudi real estate assets and in holding-company structure.
- National Housing Company (NHC): Saudi government-owned national housing developer controlling large land banks and master-planned communities. Much larger than Amaar, but overlapping directly in residential land development for Saudi homebuyers.
Direct peers
- Roshn: PIF-backed Saudi residential real estate developer building master-planned communities across the Kingdom. Comparable in end-market focus on residential land and housing, though at substantially larger scale.
- Saudi Real Estate Company (Al Akaria): Long-standing Saudi publicly listed real estate company with comparable land development and real estate investment activities across Saudi Arabia, providing a benchmark for traditional Saudi real estate operating models.
- Dar Al Arkan Real Estate Development: One of Saudi Arabia's largest publicly listed real estate developers. Operates a similar land-led development model across residential and commercial real estate in Saudi Arabia and is the closest direct comparable among listed Saudi developers.
- Jabal Omar Development: Saudi publicly listed real estate developer focused on mega-developments and land-led projects, with similar reliance on land bank monetization, government relationships, and auction-style deal sourcing.
- Retal Urban Development: Saudi listed residential real estate developer with comparable focus on residential developments and land-led projects, particularly in regions adjacent to Saudi Arabia's Eastern Province.
Emerging players
- Knowledge Economic City (KEC): Saudi listed real estate developer building a master-planned economic city, with comparable land bank development and mixed-use project model to Amaar's auction-driven land development approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Amaar social profiles
Digital presenceAmaar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Amaar leadership team
Management profileNumber of profiles
Profiles1 record
Amaar subsidiaries and ownership
Company hierarchySubsidiaries3 records
Amaar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Amaar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Amaar
What does Amaar do?
Amaar Holding is a Saudi Arabian investment holding company that develops, manages, and sells real estate projects through its subsidiary Amaar Real Estate, delivers infrastructure development services through Tasawy, and conducts mining operations through Amaar Mining. The company operates primarily in Saudi Arabia's Eastern Province, holding diversified interests across real estate, infrastructure, and mining sectors.
Is Amaar a public or private company?
Amaar is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Amaar founded?
Amaar was founded in 2011. It employs 11 to 50 people.
Where is Amaar based?
Amaar is headquartered in Al Khobar, Saudi Arabia, in the Middle East region.
How does Amaar make money?
Four revenue lines are on record. Real Estate Sales and Development is the primary driver. The others are infrastructure Development Services, mining Operations and real Estate Investment Fund Management.
Who are Amaar's main competitors?
Broad incumbents on record are Emaar Properties, SEDCO Holding, Taiba Investments and National Housing Company (NHC). Direct peers are Roshn, Saudi Real Estate Company (Al Akaria), Dar Al Arkan Real Estate Development, Jabal Omar Development and Retal Urban Development. Knowledge Economic City (KEC) is listed as an emerging player.
Does Amaar have an API?
No public API is recorded for Amaar.
What industry is Amaar in?
Amaar's product category is Real Estate Development. Its primary akta.pro industry code is BPAJANAA, Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation), with a secondary code of BPAJANAC, Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support). Its NAICS code is 551112 and its SIC code is 6532.