Al Ramz Actual Property Firm emblem
Firm introduced Image of actual property The method of constructing the order guide for subscribing establishments begins on Sunday November 23, 2025It ends on Thursday, November 27, 2025, in preparation for providing 30% of the corporate’s shares for public subscription and itemizing it on the primary monetary market (Tadawul).
And he stated Haroun bin Rashid Al-RashidCEO of Al Ramz Actual Property Firm: “Our announcement of our intention to supply the corporate’s shares within the Saudi Tadawul represents a strategic milestone in our journey and a qualitative step that enhances our skill to attain sustainable progress, broaden the scope of our tasks, and consolidate our place as a number one actual property improvement firm. This providing additionally contributes to enhancing governance and transparency and helps our contribution to reaching the objectives of the Kingdom’s Imaginative and prescient 2030.”
He added: “We search to turn out to be the quickest rising city improvement firm within the Kingdom by creating communities brimming with consolation, and to be a trusted image for our prospects, and we see this providing as a possibility to attain our imaginative and prescient and aspirations.”
The Capital Market Authority had introduced its approval of the corporate’s request to register its shares and provide 12,857,143 shares, representing 30% of the corporate’s capital after growing the capital for subscription.
Al Ramz Actual Property confirmed that it has consolidated its place since its launch in 2016. From 2022 AD to the primary half of 2025 AD, the corporate labored on greater than 40 accomplished and underneath improvement tasks, together with greater than 8,000 residential and business items positioned in high-demand neighborhoods within the cities of Riyadh and Al-Khobar, which represents its expertise in assembly the wants of the actual property market and enhancing the city panorama within the Kingdom.
She acknowledged that the corporate’s current monetary outcomes replicate its skill to rework its technique into tangible progress, as revenues in 2024 amounted to about 952 million Saudi riyals, a rise of 78.9% in comparison with 2023, whereas it recorded web income of 158.3 million Saudi riyals, a rise of 25.1% over the earlier 12 months.
In continuation of the success of the corporate’s robust progress technique, revenues for the primary 9 months of 2025 amounted to about 863 million Saudi riyals, a rise of 17% in comparison with the identical interval in 2024, whereas it recorded web income of 243 million Saudi riyals, a rise of 132%.
An announcement from the corporate defined that in its journey, Al Ramz achieved plenty of tasks within the business and residential sectors, probably the most outstanding of that are:
– Code 35/36: A residential undertaking consisting of 29 items within the Hittin neighborhood, Riyadh – utterly offered in 2024 AD.
– Code 37: Townhouse undertaking, together with 48 items in Hittin neighborhood, Riyadh – utterly offered in 2023 AD.
– Fasila Sq.: A business undertaking, together with 12 items in Al Malqa district, Riyadh – utterly offered in 2023 AD.
– Villa inscription: A residential undertaking, together with 28 items in Al Munsiyah neighborhood, Riyadh – utterly offered in 2024 AD.
– Sand Hill 1: A residential undertaking, together with 153 items, in Al-Rimal district, Riyadh – utterly offered in 2024 AD.
– Braid: A residential undertaking, together with 32 items within the Narjis neighborhood, Riyadh – utterly offered in 2024 AD.
– Stone Complicated: A residential undertaking, together with 71 items in Al Aqiq district, Riyadh – utterly offered in 2024 AD.
The corporate additionally continues its enlargement plans via its future tasks, together with:
– Image Tower: A mixed-use undertaking with 112 items in Al Malqa district, Riyadh – anticipated to be accomplished within the fourth quarter of 2026.
– Dora King Khaled: A mixed-use undertaking with 315 items within the Hittin neighborhood, Riyadh – anticipated to be accomplished within the fourth quarter of 2026.
– Sadeem City: A 720-unit residential undertaking in Al-Safa district, Riyadh – anticipated to be accomplished within the first quarter of 2027.
– path: A residential undertaking containing 540 items, in Makkah Al-Mukarramah – anticipated to be accomplished within the fourth quarter of 2028 AD.
– Cordoba: A mixed-use undertaking, comprising 2,750 items, within the Qurtuba district, Riyadh – anticipated to be accomplished within the second quarter of 2029.
