Pankingdom Real Estate

What Pankingdom Real Estate does

Pankingdom Real Estate (also operating as Pan Kingdom Real Estate Company / عبر المملكة العقارية) is a privately held Saudi Arabian real estate developer headquartered in Riyadh's Al-Yasmine District with a regional office in Makkah's Al-Naseem District. Founded in 2008 and employing 101-250 staff, the company develops residential communities, commercial centers, master-planned land subdivisions, industrial parks, and logistics facilities across Saudi Arabia — with concentrated exposure to Makkah, Jeddah, Madinah, and Riyadh. Its flagship projects include the Al Bayt community (554 villas near the Holy Mosque in Makkah), Al Marsa (486 beachfront villas in Obhur, north of Jeddah), Al Jewar (59 apartment buildings near the Prophet's Mosque in Madinah), Maqana (108 apartments in Makkah), and Rose Villa (12 villas in Al-Jumum), alongside the Crown Prince Schemes 6, 7, and 8 land plans totaling over 7,000,000 m² of residential land and 250,000 m² of commercial land. The company also operates the Industrial Park in Riyadh-Sudair (86 factories on 98,000 m²) and Uhud Warehouses in Madinah (117 units on 41,631 m²).

The company operates a vertically integrated structure with three wholly-owned subsidiaries: Warqan Hotel Services Company (a 4-star hospitality operation with 2,400 rooms in Makkah serving pilgrims, Umrah performers, and tourists), and real estate subsidiaries Mokoun and Awin. Revenue is generated primarily through one-time sales of residential units, commercial properties, land plots, and industrial facilities (warehouses and factories), with a recurring managed-services stream from Warqan Hotel operations. Distribution is direct-to-consumer via the bilingual pankingdom.com website, phone (920000060), WhatsApp, and email, with mortgage financing facilitated through six Saudi banking partners (Bank Albilad, Al Rajhi, Saudi National Bank, Alinma, Aljazira, Bank Riyadh) and demand generation supported by participation in the Sakani government housing program and Vision 2030-aligned initiatives. Construction specifications follow the Saudi Building Code with sustainable design standards, and several communities integrate Hijazi-inspired architectural heritage with comprehensive amenities including mosques, schools, parks, green trails, and commercial facilities.

Name

Pankingdom Real Estate

Legal name

Pankingdom

Website

https://pankingdom.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Pankingdom Real Estate is a Saudi private developer of residential communities, commercial centers, land subdivisions, industrial parks, and logistics facilities across Makkah, Jeddah, Madinah, and Riyadh. It sells villas, apartments, land, warehouses, and factories directly to Saudi families, investors, and industrial tenants, and operates a 2,400-room Makkah hotel subsidiary under Vision 2030 alignment.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (2372), Land Subdivision (23721), Real Estate Property Managers (53131)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

akta.pro secondary industries

Land & Development Site Brokerage (BPAJABAG), Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL), Rural Residential & Acreage Homesites Brokerage (BPAJADAE)

Keywords

• Residential real estate development
• Commercial property development
• Land development projects
• Industrial logistics facilities
• Hospitality hotel development

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: Sale of residential villas and apartments across Saudi Arabia, including projects like Rose Villa (12 villas in Al-Jumum), Maqana residential (108 apartments in Makkah), Al Bayt (554 villas in Makkah), and Al Marsa (486 villas in Jeddah).
2. Commercial Property Development: Development and sale of commercial projects including Al Ghadeer Square mall in Makkah and Khalil Square commercial center.
3. Land Development and Sales: Development of land plans and plots across the Western Region of Saudi Arabia. Total area up to 7,000,000 square meters for residential lands and 250,000 square meters for commercial lands. Projects include Al-Ghadeer Plan, Palm Outline, Dares Salaam Plan, Durrat Al Jamoum, Crown Prince schemes 6, 7, and 8.
4. Logistics and Warehousing: Development and sale of industrial warehouses and logistics facilities. Includes Uhud warehouses in Madinah (117 warehouses, 41,631 m²) and Industrial Park in Riyadh-Sudair (86 factories, 98,000 m²).
5. Hospitality Investment: Investment in hospitality sector through Warqan Hotel Services Company (subsidiary), operating 4-star hotels with 2,400 hotel rooms in Makkah catering to pilgrims, Umrah performers, and tourists.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Pankingdom Real Estate develops, sells, and manages residential, commercial, industrial, and land real estate projects across Saudi Arabia, with a focus on the Western Region including Makkah, Jeddah, Madinah, and Riyadh. The company builds integrated villa communities, apartment projects, commercial centers, industrial warehouses and factories, planned land subdivisions, and 4-star hotels, primarily serving Saudi families, individual investors, and industrial tenants.

Product overview

Pan Kingdom Real Estate (عبر المملكة العقارية) is a Saudi Arabian real estate development company operating across the Kingdom of Saudi Arabia with a diversified portfolio of residential, commercial, industrial, and land development projects. The company's product offerings include: (1) Residential communities including Al Marsa (beachfront villas in Jeddah), Al Jewar (apartments in Medina), and Al Bayt (villas in Makkah); (2) Residential projects including Rose Villa (luxury villas in Al-Jamoum) and Maqana Residential (apartments in Makkah); (3) Commercial projects including Khalil Square and Al Ghadeer Square malls in Makkah; (4) Industrial solutions including Industrial Park (factories in Riyadh) and Typical Warehouses (in Madinah); (5) Land development projects including Crown Prince Schemes 6-8, Al-Ghadeer Plan, Palm Outline, Dares Salaam Plan, and Durrat Al Jamoum Plan; and (6) Hospitality through Warqan Hotel (2,400 rooms in Makkah). The company develops residential sectors spanning approximately 1,500,000 m2 with over 4,000 residential units, and land developments up to 7,000,000 m2 for residential and 250,000 m2 for commercial lands.

Differentiator

Problem solved

Functional benefit

Products and services

• Rose Villa (روز فيلا) A residential villa project located in Al-Jumoum Governorate featuring modern high-quality designs with sustainable specifications. The project spans 3,726 m² and includes 12 residential villas with three floor plans (A: 334 m² built-up area, B: 319 m², C: 301 m²) on 300 m² plots.
• Maqana Residential (مكانة) Luxury apartment project in Makkah located in the Albuhayrat district, 15 minutes from the Holy Mosque. The project comprises 108 lavish apartments across 6 buildings with built areas ranging from 151.28 to 191.14 m², directly linked to the Third Ring Road.
• Al Marsa (المرسى) A vibrant integrated residential community combining upscale beachfront lifestyle with urban designs inspired by Hijazi heritage. Located in Obhur, north of Jeddah, the project consists of 486 residential villas with multiple options and models, with built-up areas ranging from 216.77 to 334 m².
• Al Jewar (مشروع الجوار) Residential community project in Madinah designed to realize citizens' dream of home ownership. Located in a vital urban area close to the Prophet's Mosque, it spans 350,737 m² on an elevated hill with panoramic views, comprising 59 apartment buildings with unit types ranging from 136 to 297.28 m².
• Al Bayt (مشروع البيت) An integrated residential community in Makkah inspired by Hijazi architecture. The project comprises 554 residential villas with multiple options and models suited to Saudi society needs, located near the Holy Mosque with comprehensive facilities and services including 13 mosques, 16 educational facilities, a 250,000 m² garden, an 8 km green trail, and 9 commercial facilities.
• Industrial Park (اندستريال بارك) A pioneering project specializing in creating ready-made factories for entrepreneurs and business owners in Riyadh–Sudair city. Spanning 98,000 m² with 86 factories, designed to support entrepreneurs and startups across various industries with integrated operational and production solutions.
• Typical Warehouses (مستودعات أحد النموذجية) Standard warehouses developed by Pan Kingdom in Madinah, equipped with the highest standards to meet customer needs. Located strategically away from the city center for easy access by large transport trucks. Project area of 41,631 m² with 117 warehouses.
• Khalil Square Commercial Project An integrated shopping center developed by Pan Kingdom Real Estate in Makkah's Crown Prince Plan 6. Located directly on the new Fifth Ring Road, offering competitive advantage for visitors and investors.
• Al Ghadeer Square (الغدير سكوير) A commercial project located on more than 10,456.49 square meters in Al Buhaira neighborhood, north of Makkah. One of the first modern commercial projects in the area, only 3 minutes from the Third Ring Road.
• Warqan Hotel A 4-star hotel services company and subsidiary of Pan Kingdom Real Estate, specializing in hospitality services for pilgrims, Umrah performers and tourists in line with Saudi Vision 2030. Operating 2,400 hotel rooms in Makkah.
• Crown Prince Schemes 6-8 Land Projects Large-scale land development projects in the Makkah region: Crown Prince Scheme 6 (315,455 m², 540 plots), Crown Prince Scheme 7 (2,020,450 m², 3,108 plots), and Crown Prince Scheme 8 (3,817,402 m², 3,233 plots).
• Al-Ghadeer Plan Land plan located within the boundaries of the Holy Mosque in Makkah, directly connected to the ring road. Provides upscale residential environment with integrated services and investment opportunities. Area: 329,037 m² with 346 total pieces.
• Palm Outline Land scheme in Khulais Governorate directly connected to Al-Asafi Road, near vital roads for a distinguished residential environment. Area: 476,683 m² with 414 total pieces.
• Dares Salaam Plan Premium land development in Makkah along the Fourth Ring Road. Area: 779,262.74 m² with 665 total pieces, designed for investors and future residents seeking proximity to the Holy Mosque.
• Durrat Al Jamoum Plan Land plan on King Faisal Road connecting Al-Jamoum Road to Al-Haramain Road to Makkah. Features integrated infrastructure including road network, electricity, lighting, and rainwater drainage. Area: 310,348 m² with 274 total pieces.

Quantifiable outcome

• Development contributing to Vision 2030 goals for Saudi Arabia

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core, subsidiary and minor.

• Sakani Program (برنامج سكني)coreStrategic or Co-development PartnerGovernment housing program partnership providing subsidized housing solutions to Saudi citizens. Pankingdom participates in the Sakani initiative to deliver residential units to eligible beneficiaries.
• Ministry of Municipal, Rural Affairs and HousingcoreStrategic or Co-development PartnerStrategic partnership with Saudi government ministry for housing development initiatives and regulatory compliance with Saudi Building Code standards.
• Wafi (وافي) - Real Estate Authentication PlatformcoreTechnology or IntegrationPartnership with Wafi platform for real estate authentication and regulation compliance in Saudi real estate transactions.
• Wirgan (ويرقان)subsidiaryStrategic or Co-development PartnerSubsidiary company of Pan Kingdom Real Estate focused on hospitality and hotel services, operating Warqan Hotel brand with 2,400 hotel rooms in Makkah.
• Mukoun (مخوان)subsidiaryStrategic or Co-development PartnerSubsidiary company of Pan Kingdom Real Estate contributing to integrated service delivery.
• Awin (عوين)subsidiaryStrategic or Co-development PartnerSubsidiary company of Pan Kingdom Real Estate for business development.
• Good Housing Initiative (جود الإسكان)minorStrategic or Co-development PartnerPankingdom subscribed one million shares worth 10 million SAR in Good Housing IPO to provide housing for families in need.
• Ammar Saudi InitiativeminorStrategic or Co-development PartnerSponsored by Ministry of Municipal, Rural Affairs and Housing - Pankingdom donated a residential unit for development housing.
• Plantation Week InitiativeminorStrategic or Co-development PartnerEnvironmental initiative in partnership with Ministry of Municipal and Rural Affairs - planted 3,500 trees in Al-Jiwar residential project.
• Peace Path Initiative (مبادرة طريق السلام)minorStrategic or Co-development PartnerInfrastructure development initiative with Holy Capital secretariat for Al-Salam neighborhood road construction.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Dar Al Arkan Real Estate Development: One of Saudi Arabia's largest publicly listed real estate developers, focused on residential, commercial, and mixed-use master-planned communities. Highly comparable to Pankingdom as a diversified Saudi developer serving similar residential and commercial end markets with integrated community design.
• Al Akaria Saudi Real Estate Company (ALAKARIA): Publicly listed Saudi real estate company with diversified portfolio across residential, commercial, and land development. Comparable in operational scope (multiple asset classes, Saudi focus) and project-based revenue model to Pankingdom.
• ROSHN: PIF-backed national Saudi residential developer building master-planned integrated communities across Saudi cities under Vision 2030. Directly comparable to Pankingdom in product (residential master-planned communities) and customer (Saudi families seeking home ownership), with greater scale and government backing.
• Emaar Properties (KSA operations): UAE-headquartered but highly active in Saudi Arabia, building master-planned residential communities and mixed-use developments. Comparable in master-planned community format and Saudi residential market targeting, with significantly greater capital base and brand recognition.

Regional players

• Knowledge Economic City (KEC) / Emaar Knowledge City: Saudi developer of large-scale integrated city developments including residential, commercial, and industrial components. Comparable in master-planned development approach and asset class diversification, though focused on Madinah rather than Makkah/Western Region.
• SEDCO Development: Saudi real estate developer with diversified residential, commercial, and hospitality projects primarily in Makkah and Western Region. Comparable in target geography (Western Saudi Arabia), customer segments, and mix of residential plus hospitality assets targeting pilgrims.
• Taiba Holding: Saudi-listed hospitality and real estate company with significant hotel assets in Madinah serving religious tourism. Comparable through religious tourism hospitality exposure (similar to Warqan Hotel) and real estate holdings near holy sites.

Direct peers

• Jabal Omar Development Company: Saudi-listed developer of large-scale integrated residential, commercial, and hospitality projects in Makkah, serving pilgrims and residents near the Holy Mosque. Most direct peer to Pankingdom given shared Makkah focus, religious tourism demand exposure, and integrated community + hospitality model.
• Retal Urban Development Company: Saudi-listed real estate developer focused on residential, commercial, and mixed-use projects in major Saudi cities including Riyadh. Comparable mid-sized Saudi developer with similar project profile (residential communities, mixed-use, commercial) competing for the same Vision 2030-driven buyer pool.
• Makkah Construction and Development Company (MACEC) / Makkah Real Estate Development & Tourism Co. Saudi developer of integrated residential, commercial, and hospitality projects serving pilgrims and visitors in Makkah. Direct peer to Pankingdom given overlapping Makkah focus, religious tourism exposure, and combination of housing + hotel + commercial offerings.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/pankingdom_sa
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/pan-kingdom-real-estate-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Pankingdom Real Estate