Tazayud Real Estate Development Listed Among Construction Week’s Top 50 Real Estate Developers in the Gulf for 2024

Dammam, Kingdom of Saudi Arabia – 02 October 2024

Tazayud Real Estate Development, a subsidiary of the Ali Al-Dowayan Holding Group, has been included in the “Top Real Estate Developers in the GCC for 2024” list, according to Construction Week Middle East. This recognition comes in appreciation of the company’s efforts in developing visually and structurally distinctive urban destinations that enhance the quality of life for Saudi families, reflecting beauty and innovation while preserving the authenticity of architectural and cultural heritage.

This award confirms Tazayud’s leadership and excellence in the Saudi real estate sector, as the company has successfully strengthened its position through its innovative projects under its distinguished “Hayat” brand. These projects aim to develop attractive urban destinations for living, working, and leisure, focusing on enhancing quality of life and creating unique environments that meet the needs of Saudi families.

Anas AlAlDowayan, CEO of Tazayud Real Estate Development, expressed his pride in this achievement, emphasizing that the ranking is a tribute to the efforts of Tazayud’s team and its partners, reflecting the company’s commitment to delivering innovative and sustainable real estate projects that meet client needs and contribute to achieving the goals of Saudi Vision 2030. He reaffirmed that Tazayud will continue to develop high-quality projects that enrich the community and promote sustainable development.

Tazayud Real Estate Development is an extension of the Ali AlDowayan Holding Group’s legacy, which spans more than five decades of experience in the real estate, residential, commercial, and service sectors. This solid foundation enables Tazayud to build a long-term vision focused on delivering, innovating, and developing urban destinations that meet the evolving needs of Saudi families and the local community.

The report published by Construction Week Middle East includes a ranking of the top 50 real estate developers in the GCC, based on a variety of criteria reflecting each company’s capabilities. The report serves as an important reference for investors and stakeholders in the region’s real estate sector, highlighting the leading companies driving this vital industry.