Wathbah Investment وثبة للاستثمار

What Wathbah Investment وثبة للاستثمار does

Wathbah Investment (وثبة للاستثمار) is a privately held Saudi Arabian real estate development company founded in 2018 and headquartered in Riyadh. It is licensed by the Saudi Real Estate General Authority under FAL License No. 1200022249 and operates exclusively within Riyadh, developing integrated residential, commercial, and mixed-use projects aligned with Saudi Vision 2030 and the Saudi Building Code.

The company's product portfolio comprises five core developments: Sekak (سكك), a multi-location residential community platform with 300+ units; Al Thuraya Tower (برج الثريا), a 30-floor luxury residential tower with 190 units in Riyadh featuring hotel-inspired services and five years of bundled facility management with no HOA fees; Sukun Tower (برج سكون), a residential tower with 143 units; Villa 25 (فيلا 25), an exclusive six-villa project in the Al Malqa district; and Jahez (جاهز), a commercial office project in Al Muhammadiyah delivering 6,500+ square meters of office space. Technology and design are positioned around modern urban planning, sustainability, and quality of life, with claims of investment-driven design innovation; no proprietary software platform, AI, or data products are disclosed.

Wathbah operates a direct-to-consumer go-to-market model, selling through on-site show villas open daily from 4 PM to 10 PM, an online interest registration portal, and partnerships with accredited Saudi banks plus alignment with the government's Sakani housing program to enable both cash and financed purchases. Revenue is recognized through one-time property sales of off-plan or completed units. The company employs approximately 19 people, has no public listing, no disclosed institutional investors or funding rounds, and is run as an independent entity with no parent company or subsidiaries.

Name

Wathbah Investment وثبة للاستثمار

Legal name

وثبة للاستثمار

Website

https://wathbah.sa

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Sales: Wathbah generates revenue through the sale of developed real estate properties including residential towers, villas, residential communities, and commercial office spaces. Properties are sold either off-plan (pre-sale) or upon completion, with options for cash purchase or bank financing.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Wathbah Investment develops and sells premium real estate in Riyadh, including integrated residential communities (Sekak), residential towers (Al Thuraya Tower, Sukun Tower), luxury villas (Villa 25), and commercial office space (Jahez). Projects are sold off-plan or upon completion via cash purchase or bank financing, and the company bundles amenities such as infinity pools, fitness clubs, and professional facility management into select developments.

Product overview

Wathbah Investment develops residential, commercial, and mixed-use real estate projects in Riyadh, Saudi Arabia. The portfolio includes five distinct products: Sekak (residential communities with 300+ units), Al Thuraya Tower (30-floor luxury residential tower with 190 units), Sukun Tower (143-unit residential tower), Villa 25 (6 exclusive villas in Al Malqa), and Jahez (6,500+ sqm office project in Al Muhammadiyah). All projects align with Saudi Vision 2030 and emphasize innovation, quality, and sustainable urban environments.

Differentiator

Problem solved

Functional benefit

Brands

• Sekak (سكك): Residential communities project featuring 300+ units across multiple locations in Riyadh.
• Al Thuraya Tower (برج الثريا)
• Sukun Tower (برج سكون)
• Villa 25 (فيلا 25)
• Jahez (جاهز)

Products and services

• Sekak (سكك) Residential Communities Integrated residential community project spanning multiple locations across Riyadh (including Talalah, Al Muhra, Al Malqa 1, Al Malqa 2, Al Ghadeer 1, Al Ghadeer 2), offering over 300 residential units with shared amenities and services for families and individuals seeking premium urban living.
• Al Thuraya Tower (برج الثريا) Luxury residential tower in Riyadh featuring 30 floors and 190 residential units, inspired by Saudi heritage with contemporary design, including infinity pool, fitness club, and professional property management for five years without HOA fees. Targeted at premium residential buyers.
• Sukun Tower (برج سكون) Residential tower in Riyadh offering 137-143 residential units, designed for comfort and modern living. Status is 'coming soon' (قريبا) per the company project page.
• Villa 25 (فيلا 25) Exclusive residential villa project in Riyadh's Al Malqa district comprising 6 luxury villas with contemporary design. Listed as sold out on the company project page.
• Jahez (جاهز) Office Project Office project located in Riyadh's Al Muhammadiyah district, offering over 6,500 square meters of commercial office spaces. Targeted at companies and businesses seeking modern office space in a prime Riyadh location. Listed as sold out.

Quantifiable outcome

• 300+ residential units across Sekak communities
• +5 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Sakani ProgramsupportiveStrategic or Co-development PartnerWathbah supports the Saudi government's 'Sakani' housing program, allowing qualified buyers to potentially benefit from government support programs when financing their property purchases, making homeownership more accessible in line with approved financing regulations.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Taiba Holding: Saudi-listed real estate company with residential, commercial, and hospitality assets concentrated in Madinah. Comparable to Wathbah as a Saudi for-sale developer operating in the same regulatory and Vision 2030 environment.
• Knowledge Economic City (KEC): Saudi-listed developer of the Knowledge Economic City master plan in Madinah, delivering residential, commercial, and mixed-use product. Comparable to Wathbah as a Saudi master-plan developer building integrated communities.
• Sedco Development: Saudi real estate developer focused on residential communities and mixed-use projects through the SEDCO brand. Comparable to Wathbah in offering community-style residential product in the Saudi market.
• Dar Al Arkan Real Estate Development: One of Saudi Arabia's largest listed real estate developers, building residential, commercial, and mixed-use projects across Riyadh and other major cities. Directly comparable to Wathbah as a Saudi for-sale property developer with a multi-project pipeline and Vision 2030 alignment.
• Roshn (National Housing Company): PIF-backed Saudi residential developer delivering master-planned communities and thousands of units across Riyadh and other cities. Comparable to Wathbah as a Riyadh-focused residential community and tower developer expanding rapidly under Vision 2030.
• Emaar The Economic City (KAEC): Public Saudi developer of King Abdullah Economic City, building large-scale residential and commercial product through Saudi and Gulf investors. Comparable to Wathbah as a Saudi for-sale developer with an integrated community playbook.
• Retal Urban Development: Saudi-listed real estate developer focused on residential, commercial, and mixed-use projects in Riyadh and other Saudi cities. Comparable to Wathbah in product mix (residential towers, villas, communities) and Riyadh-centric pipeline.
• Saudi Real Estate Company (SREC): Listed Saudi real estate developer with a portfolio of residential, commercial, and land projects. Same Saudi for-sale developer category as Wathbah, with a similar mix of towers and community-style developments.
• Jabal Omar Development: Saudi-listed developer building large-scale mixed-use residential and hospitality projects, primarily in Makkah. Operates in the same developer category as Wathbah and serves a similar premium Saudi buyer segment.

Broad incumbents

• Diriyah Company: PIF-backed mega-project developer behind the Diriyah master plan near Riyadh, delivering residential, hospitality, and commercial product at scale. Comparable to Wathbah as a Riyadh-area real estate developer, but at a much larger scale and brand profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/wathbah_sa
• LinkedInlinkedin.com/company/wathbah
• Instagraminstagram.com/wathbah_sa
• TikToktiktok.com/@wathbah_sa?lang=ar

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Wathbah Investment وثبة للاستثمار