Umm Al Qura for Development and Construction Overview
Pro stress-test →Umm Al Qura for development & Construction is the owner and developer of MASAR destination that works with a developmental vision to elevate the urban and investment landscape of Makkah through pioneering the development of Masar destination and exploring new avenues to help improve the quality of life for Makkah residents, pilgrims and visitors.
Strategic Profile
Pro stress-test →The company is involved in purchasing, selling, and dividing of lands and real estate; off-plan sales activities; and management and leasing of owned or leased non-residential properties, while also constructing residential and non-residential buildings, including schools, hospitals, and hotels; and roads, streets, sidewalks, road supplies, bridges, and tunnels. Positioned as a premium real estate developer with flagship MASAR urban destination project near Makkah's Holy Mosque.
Competitive Landscape
Pro stress-test →Umm Al Qura operates in Saudi Arabia's premium real estate development segment, primarily competing with other major developers in Makkah/Jeddah region. The company's unique competitive advantage is its singular focus on the MASAR destination project near the Holy Mosque, differentiating it from broader national developers.
Industry Context
Umm Al Qura for Development and Construction operates in Real Estate Development & Construction.
Key facts
Founded: 2012 · Headquarters: Mecca, Saudi Arabia · Employees: 139 · Revenue: $484M · Market cap: $25.88B