14 real estate investors are building Riyadh in 2026. ROSHN, Diriyah, and New Murabba lead the giga-projects. Riyadh apartment prices rose 10.6% in 2025 as demand outran supply.
Saudi Arabia is rebuilding Riyadh at a scale few cities match. PIF funds most of the biggest developers in the city.
ROSHN and NHC push housing supply across the Kingdom. Diriyah and Qiddiya are building whole new districts.
Most deals here need land data, permits, and financials. Ellty tracks every data room open from these firms.
This guide lists 14 active Riyadh real estate investors in 2026.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| ROSHN Group | PIF developer | Giga-scale | Residential, mixed-use, communities | roshn.sa |
| National Housing Company | Govt developer | Giga-scale | Residential, affordable housing | nhc.sa |
| Diriyah Company | PIF giga-project | $63B project | Mixed-use, cultural, hospitality | diriyahcompany.sa |
| New Murabba Development | PIF giga-project | Giga-scale | Mixed-use, residential, retail | newmurabba.com |
| Qiddiya Investment Company | PIF giga-project | Giga-scale | Entertainment, sports, residential | qiddiya.com |
| Dar Al Arkan | Listed developer | Large-cap | Residential, commercial, mixed-use | daralarkan.com |
| Dar Global | LSE-listed developer | Luxury | Luxury residential, branded homes | darglobal.co.uk |
| Red Sea Global | PIF developer | Giga-scale | Tourism, hospitality, residential | redseaglobal.com |
| Saudi Real Estate Company | Listed developer | Large-cap | Residential, commercial, mixed-use | al-akaria.com |
| Jabal Omar Development | Listed developer | Large-cap | Hospitality, residential, retail | jabalomar.com.sa |
| Retal Urban Development | Listed developer | Mid-cap | Residential, mixed-use | retalurban.com |
| Ajdan Real Estate | Developer | Mid-cap | Residential, waterfront, mixed-use | ajdan.com |
| Musharaka Capital | REIT manager | REIT | Income-generating property | musharaka.sa |
| Saudi Real Estate Refinance Co | PIF finance co | Capital markets | Mortgage finance, securitization | srco.com.sa |
Run your Riyadh property raise tight
Developers and funds open your land and financial docs first. Ellty logs every view.
Start free 14-day trialWhat a Saudi real estate investor backs
A real estate investor backs land, development, or property. In Riyadh that means permits, title, and a build plan.
Most Saudi developers fund residential and mixed-use. The real estate market here runs on giga-projects.
Funds want clear title, costed plans, and real demand. Founders pitching Riyadh fintech investors face a similar bar.
Ellty gives each fund one trackable link and logs every open. You see who studied your land docs before the call.
The new ownership law could inject fresh capital, boost liquidity and attract a diverse international investor base.
14 Riyadh real estate investors
1. ROSHN Group
ROSHN is PIF's national developer building large Riyadh communities.
Recent Activity: Delivering 30,000 homes at SEDRA and 14,000+ at MARAFY across the Kingdom
LinkedIn: ROSHN LinkedIn
Sector Focus: Residential, mixed-use, master communities
Stage Focus: Giga-scale development, PIF-backed
Location: Riyadh, Saudi Arabia
Website: roshn.sa
2. National Housing Company
NHC is the government developer scaling Saudi housing supply.
Recent Activity: Delivered around 150,000 units, targeting 300,000 supply by end of 2025
LinkedIn: National Housing Company LinkedIn
Sector Focus: Residential, affordable housing, master plans
Stage Focus: Development, government enabler
Location: Riyadh, Saudi Arabia
Website: nhc.sa
3. Diriyah Company
Diriyah Company is PIF's developer of the $63B Diriyah district.
Recent Activity: Awarded $27B in construction contracts since 2024, showcased at Cityscape 2025
LinkedIn: Diriyah Company LinkedIn
Sector Focus: Mixed-use, cultural, hospitality, residential
Stage Focus: Development, PIF giga-project
Location: Riyadh, Saudi Arabia
Website: diriyahcompany.sa
4. New Murabba Development
New Murabba is PIF's developer of a new downtown in Riyadh.
Recent Activity: Building a 19 sq km downtown with 104,000+ homes, targeted for 2030
LinkedIn: New Murabba LinkedIn
Sector Focus: Mixed-use, residential, retail, hospitality
Stage Focus: Development, PIF giga-project
Location: Riyadh, Saudi Arabia
Website: newmurabba.com
5. Qiddiya Investment Company
Qiddiya is PIF's developer of Riyadh's entertainment giga-city.
Recent Activity: Opened its first landmarks in December 2025, with Phase Three now underway
LinkedIn: Qiddiya LinkedIn
Sector Focus: Entertainment, sports, residential, mixed-use
Stage Focus: Development, PIF giga-project
Location: Riyadh, Saudi Arabia
Website: qiddiya.com
6. Dar Al Arkan
Dar Al Arkan is Saudi Arabia's largest listed developer.
Recent Activity: Expanding residential and mixed-use projects across the Kingdom and abroad in 2025
LinkedIn: Dar Al Arkan LinkedIn
Sector Focus: Residential, commercial, mixed-use
Stage Focus: Development, Tadawul-listed
Location: Riyadh, Saudi Arabia
Website: daralarkan.com
Share land docs and track every investor open
Ellty shows when ROSHN or Diriyah opens your land and financial docs. Follow up fast.
Start free 14-day trial7. Dar Global
Dar Global is Dar Al Arkan's London-listed luxury arm.
Recent Activity: Developing 500 luxury mansions at Diriyah priced from $6.7M to $24M
LinkedIn: Dar Global LinkedIn
Sector Focus: Luxury residential, branded residences
Stage Focus: Development, LSE-listed
Location: Riyadh / London
Website: darglobal.co.uk
8. Red Sea Global
Red Sea Global is PIF's luxury tourism and property developer.
Recent Activity: Refocused some 2025 plans, shifting staff toward Diriyah and Qiddiya
LinkedIn: Red Sea Global LinkedIn
Sector Focus: Tourism, hospitality, residential
Stage Focus: Development, PIF giga-project
Location: Riyadh / Red Sea coast
Website: redseaglobal.com
9. Saudi Real Estate Company
Al Akaria is a PIF-controlled listed Riyadh developer from 1976.
Recent Activity: 2024 net profit nearly quadrupled to SAR 215M, exploring new launches in 2025
LinkedIn: Saudi Real Estate Company LinkedIn
Sector Focus: Residential, commercial, mixed-use
Stage Focus: Development, Tadawul-listed
Location: Riyadh, Saudi Arabia
Website: al-akaria.com
10. Jabal Omar Development
Jabal Omar is a listed developer of mixed-use property in Makkah.
Recent Activity: Advancing hospitality and residential projects near the Grand Mosque in 2025
LinkedIn: Jabal Omar Development LinkedIn
Sector Focus: Hospitality, residential, retail
Stage Focus: Development, Tadawul-listed
Location: Makkah, Saudi Arabia
Website: jabalomar.com.sa
11. Retal Urban Development
Retal is a listed Saudi developer of residential communities.
Recent Activity: A featured developer at Cityscape Global 2025 with ongoing KSA projects
LinkedIn: Retal Urban Development LinkedIn
Sector Focus: Residential, mixed-use
Stage Focus: Development, Tadawul-listed
Location: Khobar / Riyadh
Website: retalurban.com
12. Ajdan Real Estate
Ajdan develops waterfront and upscale homes across Saudi Arabia.
Recent Activity: Signed a June 2025 deal with ROSHN to build 113 upscale villas in Makkah
LinkedIn: Ajdan LinkedIn
Sector Focus: Residential, mixed-use, waterfront
Stage Focus: Development
Location: Khobar / Riyadh
Website: ajdan.com
13. Musharaka Capital
Musharaka Capital runs the listed Musharaka real estate REIT.
Recent Activity: Updated its REIT terms in May 2025 with net assets around SAR 720M
LinkedIn: Musharaka Capital LinkedIn
Sector Focus: Income-generating property, REIT
Stage Focus: REIT, asset management
Location: Khobar / Riyadh
Website: musharaka.sa
14. Saudi Real Estate Refinance Company
SRC is PIF's housing-finance company for the mortgage market.
Recent Activity: Launched its first mortgage-backed securities deal under a local program in 2025
LinkedIn: Saudi Real Estate Refinance Company LinkedIn
Sector Focus: Mortgage finance, securitization
Stage Focus: Capital markets, government-owned
Location: Riyadh, Saudi Arabia
Website: srco.com.sa
Giga-projects reshaping Riyadh
Riyadh's giga-projects are the biggest real estate bet anywhere. Diriyah, New Murabba, and Qiddiya are leading them.
They pull contractors, capital, and talent into the city. Many smaller developers build their projects in their wake.
Partners share land, permits, and budgets under NDA. A clean private equity process keeps the deal tight.
Work through real estate due diligence quite early. Saudi funds reward the partners who arrive fully ready.
REITs and income property
Not every Riyadh investor builds from the ground up. REITs simply buy finished, income property instead.
Musharaka and SEDCO Capital run listed REITs here. They pay investors yield from rent, not new builds.
Investors check occupancy, lease terms, and asset quality. Weak tenants quickly sink a REIT's overall returns.
Run due diligence on every asset before you commit. Ellty tracks who reads each lease and rent report.
Foreign ownership and new rules
Saudi Arabia opened property to more foreign buyers in 2025. That brings fresh capital into Riyadh real estate.
Foreign funds now eye Riyadh residential and offices. The new rules tend to reward investors who move early.
Cross-border deals need tight control on shared files. Use granular permissions to control who sees what.
Run financial due diligence before you wire any funds. It maps to what ROSHN and Diriyah expect in 2026.
How to pitch a Riyadh real estate investor
Lead with clear title, a costed plan, and real demand.
- 1.Show clear land title and permits.Saudi funds need a clean legal base.
- 2.Bring a costed build and sales plan.Numbers beat renders with these funds.
- 3.Prove real demand for the units.Show pre-sales or signed tenants here.
- 4.Share one Ellty link per fund and track opens.Follow up when a fund reads your plan.
How Ellty helps you land a real estate investor in Riyadh
You've found your Riyadh real estate investors already. Set up a data room before your first meeting.
- 1.Upload land docs, permits, and financials to Ellty.Set NDA-gated access per investor.
- 2.Share a unique trackable link with each fund.Each fund gets one link. Ellty logs every open.
- 3.Track opens and follow up the moment they read.Use Ellty analytics to time your follow-up.
Riyadh real estate investor questions
- PIF developers, listed firms, and REITs. ROSHN, Diriyah, and NHC lead the market.
- It is growing fast, with prices up over 10%. Giga-projects add billions in supply.
- Yes, new 2025 rules widened access. A local structure still helps a lot.
- Clear title, costed plans, and real demand. Renders without numbers rarely win.
- Diriyah, New Murabba, and Qiddiya. They build whole new districts at once.
- Before outreach starts. Track who opens your land and financial docs.
