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Azad Properties has appointed PricewaterhouseCoopers (PwC) to support its IPO preparation, marking a major milestone in the company’s growth journey aligned with Vision 2030.

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We are pleased to appoint Design International the leading global architecture firm, to design Bawabat Al Senaya, our upcoming industrial and logistics hub in the heart of Riyadh.

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We are pleased to announce the signing of a Memorandum of Understanding with NHC to explore the development of a commercial project spanning over 700,000 square meters in Al Khuzam Destination, North Riyadh. This partnership represents a model of effective collaboration that contributes to economic growth and enhances the commercial landscape, aligning with the goals of Saudi Vision 2030.

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Azad Properties has announced the purchase of a 70,000 square meter land plot in Al-Rawdah district of Jeddah. The land is strategically located at the intersection of Prince Sultan Road and Prince Saud Al-Faisal Street, in a thriving urban area with a high population density, modern amenities, and close proximity to key landmarks. This prime location makes it an ideal site for a variety of development projects. This acquisition aligns with Azad Properties’ expansion strategy, focusing on high-potential locations across the Kingdom. The company is committed to developing modern, high-quality projects that support Saudi Vision 2030’s goal of sustainable urban development, further solidifying its position as a leading real estate developer in the region. Commenting on the acquisition, Ayman Al-Burti, CEO of Azad Properties, stated: “This deal marks a strategic step in our expansion within Jeddah’s prime locations. Our goal is to offer innovative real estate solutions that meet the growing market demand.” He further added: “Through our investments, we aim to achieve long-term sustainability by developing integrated projects that support the local economy and enhance infrastructure efficiency, ensuring optimal returns for both investors and the community.” Jeddah’s real estate sector is experiencing rapid growth, driven by increasing demand for mixed-use developments that offer modern residential and commercial environments. This reflects the city’s strong economic expansion and its status as a key investment hub. With its strategic location and role as a major economic center, Jeddah continues to attract local and international investors, especially following regulatory reforms that have strengthened market confidence.

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At Azad Properties, community vibes are our driving force! Recently, we hosted an unforgettable Ramadan Iftar at Souq7, welcoming over 2,000 incredible guests from the People of Determination community and their families. The night was filled with heart and unity, culminating in a Guinness World Record achievement simultaneously opening 270 meal boxes in perfect harmony. This accomplishment reflects our deep commitment to social responsibility and our dedication to empowering and integrating People of Determination into society through impactful initiatives that enhance quality of life, especially during the holy month of Ramadan. Such a milestone aligns seamlessly with the objectives of Saudi Vision 2030, emphasizing the importance of inclusivity, empowering all societal segments, and enhancing quality of life through initiatives that support social solidarity, community integration, and the development of the non-profit sector.

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