Rawabi City

What Rawabi City does

Rawabi City is a planned Palestinian urban development located approximately 9 km north of Ramallah in the West Bank, developed by Bayti Real Estate Investment Company — a joint venture between Massar International (founded by Palestinian-American businessman Bashar Masri) and the State of Qatar. The project, billed as the first planned Palestinian city in over a thousand years, was initiated in 2008, broke ground in 2010, and opened in 2015 with roughly 5,000 residents. The master plan covers 6,300,000 square meters and envisions 22 neighborhoods, 6,000+ housing units, and 25,000–40,000 residents upon completion. Total committed capital is approximately $1.5 billion (Masri ~$150M, Qatar ~$1B), making it the largest private-sector undertaking in modern Palestinian history.

The integrated product portfolio spans residential real estate (apartments from 60 to 200+ sqm with 2–4 bedrooms, starting at $65,000, sold via the Rawabi Visitors Center with American-style developer-backed mortgages), a commercial downtown (Q Center hosting 100+ international retail brands, offices, a 600-seat seven-screen cinema, and a planned five-star hotel), a tech ecosystem (CONNECT coworking, RITA training institute, Bader ICT Incubator), educational facilities (Rawabi English Academy offering IGCSE British curriculum), a healthcare complex including a hospital serving ~93,000 catchment residents, cultural and entertainment assets (WaDina 135,000+ sqm recreation area, amphitheater seating 15,000, Cultural Center with 725-seat theater, Fun Factory), and municipal services. Underlying infrastructure includes earthquake-resistant buildings rated to 6.0 on the Richter scale, a Central Command and Control Center for smart utility management, an AGAR-technology wastewater treatment plant, and water-recycling systems cutting stone-cutting factory consumption to under 10% of non-recycled use.

Revenue is generated across five streams: one-time residential real estate sales (core economic engine), recurring commercial leasing in Q Center, subscription-based tech hub services and utility fees (water, electricity, gas, wastewater), and transaction-fee entertainment and tourism (WaDina, Rawabi Extreme, amphitheater, Fun Factory, hotel). Distribution is entirely direct-to-customer via the Visitors Center showroom, online business sign-up portal, Q Center retail leasing, and tech-hub.ps business inquiries. The city operates under Rawabi Municipality (A+ performance rating, 2023) with the Rawabi Foundation managing education, environment, and community programs. As of 2019, the project was operating at approximately $35 million annual losses with break-even projected within three years; cumulative real estate absorption is at roughly 25% of master-planned residential capacity, indicating significant inventory runway.

Name

Rawabi City

Legal name

Bayti Real Estate Investment Company (شركة بيتي للاستثمار العقاري)

Website

https://rawabi.ps

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Rawabi City is a planned Palestinian urban development near Ramallah, offering integrated residential, commercial, tech, education, and healthcare facilities across 22 master-planned neighborhoods targeting 25,000–40,000 residents and serving Palestinian families, businesses, and surrounding communities.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (2372), New Multifamily Housing Construction (except For-Sale Builders) (236116), Industrial Building Construction (23621), Services to Buildings and Dwellings (5617)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Services-Facilities Support Management Services (8744), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

State/Provincial Housing, Urban/Regional Planning & Community Development (BPAIABAM)

akta.pro secondary industries

Retail & Mixed-Use Commercial Construction (IMAFACAB), Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities) (BPAIACAF), Sustainable Cities, Urban Development & Green Infrastructure (BPADALAL)

Keywords

• Planned urban development
• Residential real estate
• Mixed-use development
• Commercial property leasing
• Smart city infrastructure

Headquarters

HQ city

Ramallah

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Real Estate Sales: Sale of residential apartments and housing units to Palestinian families. Units range from 60 sqm compact apartments to 200 sqm family homes with 2, 3, and 4 bedrooms. First five neighborhoods sold out and fully occupied; residents moving into sixth neighborhood.
2. Commercial Space Leasing: Q Center downtown business district offers high-tech commercial space to local and international companies. Office towers with flexible workspace layouts and build-to-suit locations for specialized businesses. Over 100 international brands have opened stores in Q Center.
3. Tech Hub Services: Technology training institution, CONNECT co-working space, and Bader ICT incubator providing innovation fund and support for tech startups. Revenue from office rentals, training programs, and startup support services.
4. Entertainment and Tourism: WaDina recreation area, Rawabi Extreme sports activities, amphitheater events, Fun Factory entertainment center, and hotel accommodations generating visitor revenue.
5. Utility Services: Water, electricity, gas, and wastewater management services for residents and businesses, with revenue generated through utility fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Rawabi City is a planned Palestinian urban development in the West Bank that sells residential housing units (apartments and villas ranging from 60 to 200 sqm) and leases commercial space within a mixed-use master-planned community. The development includes a tech hub, schools, healthcare facilities, entertainment venues, retail centers, and utility services, all operated within a single integrated city ecosystem.

Product overview

Rawabi City is a planned Palestinian city development project offering an integrated urban ecosystem rather than a traditional software platform. The product portfolio includes Q Center (mixed-use downtown commercial district with retail, dining, entertainment, and cinema), Rawabi Tech Hub (technology ecosystem comprising CONNECT co-working space, RITA training institute, and Bader ICT Incubator), residential housing across 14+ neighborhoods with apartments ranging 60-200+ sqm, Rawabi English Academy (IGCSE curriculum school), healthcare facilities including a specialized hospital, Cultural Center with theater and exhibition halls, WaDina recreation area (135,000+ sqm with Middle East's longest zip-line), Fun Factory indoor entertainment, environmental management systems (wastewater treatment, water recycling, green initiatives), citizen services center, vehicle inspection facilities, and municipal services. The city serves as a comprehensive smart city development near Ramallah designed to provide housing, employment, education, and leisure opportunities for Palestinians.

Differentiator

Problem solved

Functional benefit

Brands

• Q Center: Downtown business district and commercial center featuring retail stores, restaurants, entertainment, offices, and hotel facilities
• Rawabi Tech Hub
• Bader ICT Incubator
• CONNECT
• WaDina
• Fun Factory
• Rawabi Hotel
• Rawabi Foundation
• Rawabi English Academy
• Rawabi Cultural Center

Quantifiable outcome

• 5,000 residents moved in since 2015 grand opening
• +4 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core, flagship, strategic and minor.

• Palestinian Local Development and Lending FundcoreStrategic or Co-development Partner · 16 July 2023Fund provided A+ municipal rating and supports customer service center development and electronic services implementation.
• Hult Prize FoundationflagshipStrategic or Co-development Partner · 29 March 2021Rawabi Foundation selected as co-host for 2021 Impact Summit, hosting regional final round of the Hult Prize's one-million-dollar startup challenge. Over 200 students from different fields participated in creating and implementing new ideas.
• Harvard Kennedy SchoolflagshipStrategic or Co-development Partner · 24 April 2018John F. Kennedy School of Government launched Rawabi Fellowship program to support current and emerging Palestinian leaders, funded by a businessman.
• Mellanox Technologies (Eyal Waldman)strategicTechnology or IntegrationIsraeli technology company opened office in Rawabi employing 90 Palestinian workers. Partnership between Bashar Masri and former Israeli combat officer Eyal Waldman demonstrates cross-border technology collaboration despite geopolitical tensions.
• Palestinian Ministry of Local GovernmentcoreStrategic or Co-development PartnerMinistry supported opening of customer service center and electronic services in Q Center. Ongoing partnership for municipal development and service delivery.
• Tayer Al Taher Regional Company (Jordan)minorStrategic or Co-development PartnerJordanian company building and managing Taj Rawabi cinema complex with seven screens accommodating 600 viewers.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RawabiCity
• Instagraminstagram.com/qcenterrawabi
• Xx.com/rawabicity
• LinkedInlinkedin.com/company/rawabicity

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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 Rawabi City