Al-Dara Real Estate Development Company

What Al-Dara Real Estate Development Company does

Al-Dara Real Estate Development Company (legal: Al Darah Real Estate Development Company) is a Saudi Arabian real estate developer founded in 2017 and operating as the property development arm of the Al Jomaih Group (مجموعة الجميح), a diversified conglomerate with more than 90 years of investment heritage. Headquartered in Dammam in the Eastern Province, the company acquires raw land through strategic alliances and public auctions, then develops and sells integrated residential, commercial, mixed-use, and logistics projects across the Eastern Province and Riyadh. Its active portfolio includes eight projects: Hittin Front (484,947 m2 infrastructure development in Riyadh), Corniche View (over 2.18 million m2 waterfront masterplan in Al-Nawras District), Logistics Park (135,885 m2 industrial/commercial plots near King Abdulaziz Port), Arcelia Villas (32 luxury villas in Dammam's Montazah neighborhood), Darah Village (50-villa compound in Al-Khobar), Darah Hills (17 commercial showrooms/offices in Dammam), Al-Jomaih Business Center (41 commercial units in Dammam), and Aljawza Plan (130 residential investment opportunities in Al-Khobar's Al-Hamra district).

The company's revenue mechanics span four streams: real estate development (one-time sale of developed plots, villas, and units), real estate marketing and brokerage for Al Jomaih Group properties (transaction fees), real estate investment (managed services via group-level funds), and real estate auction organization (transaction fees). Pricing is quote-based and not publicly disclosed; sales are conducted through project showrooms, direct inquiry via the bilingual website (darahre.com) and contact center (920011200), and participation in organized auctions, including the February 2026 Corniche View auction that approached SAR 3 billion in sales. Customer segments are diversified across individual home buyers and residential investors, commercial and business-entity investors, and industrial/logistics operators.

Technically, Al-Dara has begun a digital transformation: in July 2025 it signed a technical collaboration with Oracle and The Cloudors to deploy cloud infrastructure and modernize operations. Project-level features include smart-home integrations (intelligent entry, EV charging stations, hidden air-conditioning, 10-year warranties, fiber-optic networks, building management systems) on the Arcelia and Darah Village developments. Property management for the Darah Hills commercial complex is being handled under a December 2025 partnership with Tapa Real Estate, while construction of the Arcelia Villas project was contracted to Yamas Arabian Contracting Company in October 2025. The company holds a Great Place to Work certification from Great Place to Work Middle East awarded in July 2023.

Name

Al-Dara Real Estate Development Company

Legal name

Al Darah Real Estate Development Company

Website

https://darahre.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Al-Dara Real Estate Development Company is the property development arm of Saudi conglomerate Al Jomaih Group, developing and selling residential, commercial, mixed-use, and logistics projects in the Eastern Province and Riyadh through land acquisitions, joint ventures, auctions, and direct sales.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (2372)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

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

akta.pro secondary industries

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ), Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

Keywords

• Residential real estate development
• Commercial property development
• Mixed-use developments
• Land infrastructure services
• Real estate investment

Headquarters

HQ city

Ad Dammam

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

Revenue model

1. Real Estate Development: Development and sale of residential complexes, homes, offices, commercial centers, and mixed-use projects. Revenue generated through land development, infrastructure establishment, and property construction and sales.
2. Real Estate Marketing: Marketing and promotion of real estate owned by Al Jomaih Group, including sales and rental services for group companies' properties.
3. Real Estate Investment: Investment arm of Al Jomaih Holding Group, specializing in establishing and managing diverse real estate funds and designing innovative investment structures.
4. Real Estate Auctions: Organizing and mediating real estate auctions, determining property value, marketing, and managing auctions transparently.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Al-Dara Real Estate Development Company develops raw land into integrated residential, commercial, industrial, and mixed-use real estate projects across Saudi Arabia's Eastern Province and Riyadh. The company acquires land through auctions and strategic alliances, establishes infrastructure, and constructs residential villas, commercial showrooms, office complexes, and investment plots. It also markets and auctions properties owned by its parent Al Jomaih Group and manages real estate investment funds.

Product overview

Al Darah Real Estate Development Company operates as a real estate developer offering a portfolio of integrated development projects. The portfolio includes: Hittin Front (infrastructure development in Riyadh), Cornich View (large-scale waterfront development), Logistics Park (industrial/commercial land), Arcelia Villa (luxury villas), Darah Hills (commercial complex), Al-Jomaih Business Center (commercial/administrative), Darah Village (residential compound), and Aljawza Plan (residential investment plan). These projects span residential, commercial, and industrial developments across major cities in Saudi Arabia's Eastern Province and Riyadh, typically involving raw land development, infrastructure establishment, and construction of residential villas, commercial showrooms, and mixed-use complexes.

Differentiator

Problem solved

Functional benefit

Brands

• ARCELIA VILLA: Luxury residential villas project in Al Montazah neighborhood, Dammam, featuring 32 villas with smart home features and modern amenities.
• Hittin Front
• Corniche View
• Logistics Park
• Darah Hills
• Al-Jomaih Business Center
• Darah Village
• Aljawza Plan

Products and services

• Hittin Front Infrastructure development project for raw land covering 484,947.32 m² in the Hittin neighborhood of Riyadh, including residential, commercial, and administrative units with comprehensive public facilities. Targeted at residential buyers and commercial investors.
• Corniche View Large-scale infrastructure development project spanning over 2,180,220 m² with direct waterfront views on the Arabian Gulf in Al-Nawras District, offering residential plots, investment towers, residential buildings, and commercial plots for individual buyers and investors.
• Logistics Park

Quantifiable outcome

• Great Place To Work certification achieved in July 2023 for workplace environment and employee experience

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

Six partnerships are on record, tiered core and strategic.

• Tapa Real EstatecoreImplementation/ SI/ Consulting Partner · 28 December 2025Partnership agreement signed on December 28, 2025 for managing the Darah Hills commercial project in Al-Shula, Dammam. Tapa Real Estate brings solid expertise in managing and operating commercial complexes, ensuring the highest standards of quality and professionalism for Darah Hills operations and management.
• Yamas Arabian Contracting CompanycoreImplementation/ SI/ Consulting Partner · 21 October 2025Construction execution partner for Arcelia Villas project. Yamas Arabian Contracting Company signed agreement for first phase construction works, ensuring delivery of highest quality construction standards and adherence to approved timelines.
• OraclestrategicTechnology or Integration · 1 July 2025Technical collaboration to enhance technological infrastructure and accelerate digital transformation journey. Adoption of advanced cloud solutions to support operational efficiency and real estate service delivery.
• The CloudorsstrategicTechnology or Integration · 1 July 2025Technical collaboration partner supporting Al-Dara's cloud solutions implementation and digital systems development, contributing to improved customer experience and organizational agility.
• Adeer Real Estate Company (Sumou Holding)coreStrategic or Co-development Partner · 1 December 2022Strategic real estate alliance for acquisition and development of Corniche land north of Al-Khobar. The alliance acquired approximately 2.1 million square meters of land, the largest waterfront development site in the Eastern Province connecting Dammam, Al-Khobar, and Dhahran. Adeer Real Estate serves as co-founder and strategic partner in the joint development initiative.
• Saudi Tharwa CompanycoreStrategic or Co-development Partner · 1 December 2022Strategic alliance partner in the Corniche land acquisition project. Saudi Tharwa Company joined with Adeer Real Estate and Al-Dara to develop residential and investment solutions for property buyers in the Eastern Province.

Scale indicators23 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Emaar Properties: UAE-based global master developer of integrated communities (Downtown Dubai, Dubai Creek Harbour) actively expanding in Saudi Arabia; comparable premium residential and mixed-use development capability and brand.
• Aldar Properties: Large Abu Dhabi-listed real estate developer with integrated master-planned communities, residential, commercial, and logistics projects across the GCC; overlaps with Al-Dara's residential and mixed-use portfolio at scale.

Direct peers

• ROSHN: Saudi giga-developer wholly owned by PIF delivering integrated residential communities; directly comparable to Al-Dara as a Saudi residential land developer targeting Vision 2030 housing demand.
• Jabal Omar Development: Saudi publicly-listed real estate developer building large integrated master-planned mixed-use destination in Makkah; similar large masterplan, mixed-use, and mixed-segment developer profile.
• Dar Al Arkan Real Estate Development: One of the largest Saudi real estate developers, publicly listed on Tadawul, developing master-planned residential and mixed-use communities across Saudi Arabia including large subdivisions — directly comparable business model and geography.
• Knowledge Economic City (KEC): Saudi master-planned city developer delivering an integrated economic city in Madinah including residential, commercial, and education zones; comparable as a Saudi large-scale land developer and master planner.
• Retal Urban Development Company: Tadawul-listed Saudi real estate developer focused on residential compounds and mixed-use developments in Eastern Province and Riyadh; closest head-to-head comparable to Al-Dara's villa and gated-community projects.
• Saudi Tharwa Company: Saudi real estate financing and development company participating as Al-Dara's partner on the Corniche land alliance; comparable as a Saudi-focused land developer structuring investment solutions for property buyers.
• Sumou Holding (Adeer Real Estate parent): Saudi real estate conglomerate that controls Adeer Real Estate, Al-Dara's joint-venture partner on the Corniche View masterplan; operates similar large-scale Saudi residential and commercial land development.
• Saudi Real Estate Company (SRECO): Long-established Saudi developer listed on Tadawul developing residential, commercial, and mixed-use projects; comparable as a long-tenured Saudi land developer serving similar end markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aldarahre

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Al-Dara Real Estate Development Company