Makkah Construction And Development Co.

What Makkah Construction And Development Co. does

Makkah Construction and Development Company (MCDC, Tadawul: 4100) is a Saudi joint-stock company established by Royal Decree in 1988, operating an integrated hospitality, retail, and pilgrimage-services platform anchored to a flagship asset located steps from the King Fahad Gate of the Holy Mosque. The company's three operating subsidiaries — Makkah Hotel and Towers (1,400+ rooms and suites with panoramic Holy Mosque views), an integrated commercial center exceeding 17,000 square meters of leasable area accommodating more than 8,000 worshippers, and a Hajj and Umrah services line serving 60,000+ pilgrims annually — together address an annual visitor base of 18 million+ pilgrims and worshippers.

MCDC monetizes through three primary revenue streams: hospitality (room and suite revenue with RevPAR up 9% in Q1-Q3 2025), recurring commercial-center leasing (with an upgraded tenant mix and expanded leasable space), and Hajj/Umrah service fees (sold direct via mcdcumrah.com). A fourth stream, real-estate development, is being scaled through consortium participation — most notably as financial partner in the SAR 6 billion, 1.15 million sqm West and South Al Hindawiyah mixed-use project awarded by the Royal Commission for Makkah City and the Holy Sites, alongside a SAR 980 million land acquisition in the Ajyad District. The company is led by Chairman Saleh Mohammed Bin Laden and CEO Mohammed Abdulkarim Al-Nafea, and recently reconstituted its board and audit committee for a four-year term beginning June 2026.

Name

Makkah Construction And Development Co.

Legal name

Makkah Construction & Development Company

Website

https://mcdc.com.sa

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

MCDC is a publicly listed Saudi real-estate, hospitality, and pilgrimage-services operator anchored by a flagship 1,400+ room hotel and 17,000+ sqm commercial center steps from the Holy Mosque in Makkah, serving 18 million+ annual visitors and 60,000+ Hajj/Umrah pilgrims.

Ownership category

akta.pro rank

Product category

Hospitality and Religious Tourism Real Estate

NAICS

Hotels (except Casino Hotels) and Motels (72111), Nonresidential Building Construction (2362), Commercial and Institutional Building Construction (236220)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Operative Builders (1531), General Bldg Contractors - Nonresidential Bldgs (1540), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Hajj & Umrah Travel Agencies (THAKAHAA)

akta.pro secondary industry

Places of Worship & Religious Facilities Operations (Cemeteries, Retreat Centers, Pilgrimage Sites) (BPAGAJAL)

Keywords

• Hospitality services
• Commercial real estate
• Hajj umrah services
• Mixed-use development
• Pilgrim accommodation

Headquarters

HQ city

Makkah Al Mukarramah

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

1. Hospitality Operations: Hotel operations generating revenue from room rentals, suites, and upscale amenities for pilgrims and visitors. The hotel has more than 1,400 rooms and suites with opulent accommodation, panoramic views, and upscale amenities. RevPAR increased 9% in Q1-Q3 2025.
2. Commercial Center Leasing: Leasing of commercial retail space in the integrated commercial center with leasable area exceeding 17,000 square meters, accommodating more than 8,000 worshippers. Enhanced tenant mix and new leasable spaces contribute to long-term value creation.
3. Hajj and Umrah Services: Comprehensive Hajj and Umrah services for pilgrims, providing expert support from arrival to rituals. The company serves more than 60,000 pilgrims annually with spiritually enriching experiences.
4. Real Estate Development: Land acquisition and mixed-use development projects including hotel and shopping complex developments. Participation as financial partner in large-scale urban development consortiums such as the SAR 6 billion Hindawiyah project.
5. Land Acquisition and Development: Purchase of strategically located land plots for mixed-use development, such as the SAR 980 million Ajyad District land acquisition approximately 500 meters from the Grand Mosque.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Makkah Construction and Development Company owns and operates a luxury hotel property (Makkah Hotel and Towers) with more than 1,400 rooms and suites located steps from the Holy Mosque, alongside an integrated commercial center exceeding 17,000 square meters of leasable retail space. The company also delivers dedicated Hajj and Umrah pilgrimage services for more than 60,000 pilgrims annually, and participates as a financial partner in large-scale urban development consortiums including the SAR 6 billion West and South Al Hindawiyah project.

Product overview

Makkah Construction and Development Company (MCDC) operates a diversified portfolio of hospitality, retail, and religious services focused on serving visitors to the Holy Mosque. The company owns and operates the Makkah Hotel and Towers (a five-star hotel with more than 1,400 rooms and suites offering panoramic views), a commercial center/shopping mall (with over 17,000 square meters of leasable space), and provides Hajj and Umrah services to pilgrims. The company is currently expanding through major urban development projects including the West and South Al Hindawiyah initiative. MCDC serves over 18 million visitors annually and has been operating for over 35 years.

Differentiator

Problem solved

Functional benefit

Products and services

• Makkah Hotel and Towers Premium five-star hotel and towers offering luxury stays, panoramic views of the Holy Mosque, upscale amenities, and effortless access to key destinations for pilgrims and visitors to Makkah.
• Commercial Center (Shopping Mall) Grand commercial center seamlessly integrated with the hotel, offering more than 17,000 square meters of leasable retail space and accommodating more than 8,000 worshippers with diverse brands, dining, and entertainment under one roof.
• Hajj and Umrah Services Comprehensive Hajj and Umrah pilgrimage services providing expert support from arrival to rituals, delivering spiritually enriching experiences for more than 60,000 pilgrims annually through dedicated portal at mcdcumrah.com.
• West and South Al Hindawiyah Development Major urban transformation initiative for redevelopment of informal settlements through creation of a connected, sustainable, residential-led mixed-use destination spanning approximately 1.15 million square meters, integrated with Masar Destination and the Haramain High-Speed Railway Station.

Quantifiable outcome

• 34% revenue growth to SAR 908 million in Q1-Q3 2025 vs prior year
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Umm Al Qura for Development and Construction CompanycoreStrategic or Co-development Partner · 11 June 2026MCDC participates as Financial Partner in consortium led by Umm Al Qura for development of West and South Al Hindawiyah areas in Makkah. The SAR 6 billion project spans 1.15 million sqm and will be structured through a real estate investment fund. Umm Al Qura serves as Consortium Leader and Development Manager, leveraging its experience in developing the Masar Destination.
• United Rajhi Real Estate CompanycoreStrategic or Co-development Partner · 11 June 2026MCDC participates in consortium with United Rajhi Real Estate Company as Technical Partner for West and South Al Hindawiyah development project. The consortium was awarded development rights by the Royal Commission for Makkah City and the Holy Sites.
• Royal Commission for Makkah City and Holy SitescoreStrategic or Co-development Partner · 11 June 2026The Royal Commission awarded the West and South Al Hindawiyah development project to the consortium including MCDC. This represents a major urban transformation initiative for redevelopment of informal settlements in Makkah, aligned with Saudi Vision 2030.
• Adeer Real Estate CompanyminorOthers · 30 December 2025Adeer Real Estate Company organized the Shurfat Al Haram public auction through which MCDC acquired a land plot in Ajyad District for SAR 980 million. The auction was held in Makkah.
• Holy Makkah MunicipalityminorStrategic or Co-development Partner · 20 November 2025MCDC signed a community partnership agreement with the Holy Makkah Municipality to support urban development efforts. The partnership aims to enhance quality of life at Makkah's main entrances, improve visual and urban aspects, and launch development initiatives aligned with Saudi Vision 2030.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Regional players

• Taiba Investments Company: Saudi-listed hospitality and real estate company with significant hotel and mixed-use assets in Madinah and other Saudi cities, targeting religious tourism. Comparable as a Saudi pilgrimage-adjacent hospitality operator, though geographically centered on Madinah rather than Makkah.
• Knowledge Economic City Company: Saudi-listed developer of integrated economic cities including mixed-use residential, hospitality, and commercial components. Comparable as a Saudi publicly listed mixed-use developer aligned with national development plans, though KEC focuses on knowledge-economy cities rather than pilgrimage tourism.
• Dar Al Arkan Real Estate Development Company: Saudi-listed large-scale real estate developer focused on residential, commercial, and mixed-use projects across Saudi Arabia. Comparable as a Saudi publicly listed real estate developer, though MCDC's niche is pilgrimage-focused hospitality and Makkah development, whereas Dar Al Arkan is a broader national player.
• Dur Hospitality Company: Saudi-listed hospitality and real estate company operating hotels, residential compounds, and mixed-use developments. Comparable as a Saudi hospitality/real estate operator serving the Kingdom's tourism and residential markets, though Dur's footprint is more diversified across cities than MCDC's single Makkah focus.

Broad incumbents

• Marriott International: Global hotel operator with extensive presence in the Middle East, including properties serving religious tourism. Comparable as a major hospitality brand and operator competing for premium pilgrims and visitors in the region, though Marriott is brand-led while MCDC is asset-led.
• Emaar Properties PJSC: One of the largest real estate developers in the Middle East, with flagship mixed-use and hospitality projects including in Saudi Arabia. Comparable as a large-scale developer of integrated hospitality, retail, and residential assets, though Emaar is a broad global player rather than a Makkah specialist.
• Accor SA: Global hospitality group operating a wide range of hotel brands with strong presence in the Middle East. Comparable as a large hotel operator and asset-light hospitality brand that competes for Makkah and wider religious-tourism demand, though Accor is a global incumbent rather than an asset owner.
• Hilton Worldwide Holdings: Global hospitality company operating multiple brands across the Middle East, including in Makkah and Madinah. Comparable as a major global hotel operator serving religious tourism customers, with overlapping brand and distribution competition in Makkah's premium segment.

Direct peers

• Jabal Omar Development Company: Saudi-listed real estate developer building one of the largest mixed-use developments adjacent to the Holy Mosque in Makkah. Directly comparable: same city, same pilgrimage-driven customer base, similar mix of hospitality towers, retail, and residential. MCDC is also a founding shareholder in Jabal Omar, reinforcing the overlap.
• Umm Al Qura for Development and Construction Company: Lead developer of the Masar Destination and Consortium Leader/Development Manager of the Hindawiyah project alongside MCDC. Comparable because both operate in Makkah real estate development serving pilgrims and visitors, with overlapping project pipelines and Vision 2030 alignment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/McdcSA

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about Makkah Construction And Development Co.