Jabal Omar Development Company (4250.SR) operates as a real estate development company in the Kingdom of Saudi Arabia, focusing on the investment, development, management, and sale of plots within the Jabal Omar mixed-use project adjacent to the Holy Mosque in Makkah. The company develops and operates luxury hotels including Jabal Omar Marriott, Jabal Omar Hilton Suites, Jabal Omar Hyatt Regency, Jabal Omar Conrad, and Jabal Omar DoubleTree by Hilton; commercial centers and shopping malls; residential towers; parking facilities; and related infrastructure such as construction, maintenance, and furnishing of hotels and commercial spaces. It conducts all operations primarily in Saudi Arabia, with a headquarters in Jeddah and projects centered in Makkah.
Founded in 2006, the company segments its activities into operating hotels with room leasing, food and beverage sales, and parking; commercial centers through mall leasing; and properties for development and sale.
In recent developments, Jabal Omar secured a SAR 2 billion murabaha financing agreement with Alrajhi Bank and amended the sale price of a land plot to SAR 1.16 billion; it partnered with Accor to develop Sofitel Jabal Omar Makkah as part of its luxury portfolio expansion within the Jabal Omar masterplan. The company reported a net profit of SAR 1.10 billion for the nine months ended September 30, 2025, driven by property sales, hotel operations, and significant gains from land sales totaling SAR 1.47 billion, marking a turnaround from prior-year losses. It continues advancing phases 2, 3, and 4 of its master project, including 15 towers with 5,000 hotel keys operated by international brands, alongside showcasing investment opportunities at events like the Umrah and Visit Forum 2025.