Retal Urban Development Company
TTADAWUL:43226.90
SAR
-0.60
(-8.00%)
Retal Urban Development Company
TADAWUL:4322
(Saudi Exchange)
Recent
price
6.90
P/E
ratio
29.84
div
yld
1.60%
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Retal Urban Development Company (4322.SR), a subsidiary of Al Fozan Holding Company, operates as a real estate developer in the Kingdom of Saudi Arabia, focusing on the development, construction, sale, rental, brokerage, management, and maintenance of residential, commercial, mixed-use, hospitality, office, and retail properties; it provides general contracting services for residential, commercial, public, educational, recreational, medical, and infrastructure projects including roads, dams, tunnels, sewerage, air conditioning, and electrical works; through subsidiaries and affiliates such as Building Construction Company, Tadbeir Real Estate Company, Nesaj Urban Development Company, and Remal AlKhobar Company, the company delivers integrated services encompassing design and engineering consultancy via Mimar Emirates, project management, facilities management, property management, interior design, and environmental services; its brand portfolio includes Ewan and Ayala for mid-to-high-end villas and apartments, Nesaj Town for affordable housing in partnership with the National Housing Company and real estate funds, Roya for luxury apartments, Marasi for residential lands, Retal Rise and Retal Residence for high-rise apartments, Nobu Hotel and Residences, The Ritz-Carlton branded residences and resort, Remal Business Park for offices and retail, and retail destinations like The Strip and Masal; operations span the Eastern Province (Al Khobar, Dammam, Qatif, Jubail, Al Ahsa), Central Region (Riyadh), and Western Province (Jeddah), targeting homebuyers, investors, commercial tenants, businesses, and government entities with projects emphasizing human-centered design, sustainability, 15-minute city concepts, and off-plan sales. Founded in 2012 and headquartered in Al Khobar, the company listed on Tadawul in June 2022 and maintains a development pipeline exceeding SAR 35 billion across more than 50 projects with over 16,000 units and 5.5 million square meters of built-up area. Recent developments include a SAR 5.2 billion agreement signed in December 2025 with the National Housing Company to develop 4,839 residential units on one million square meters in Riyadh's Al-Fursan suburb; a SAR 240 million contract in April 2024 with subsidiary Building Construction Company for eight residential buildings in Riyadh; ongoing studies for SAR 15 billion in new projects, many in collaboration with real estate funds, as of May 2025; Q1 2025 net profit of SAR 68.1 million, up 9% year-over-year, driven by SAR 1 billion in contractual sales; and a portfolio split between SAR 17.5 billion in direct developments (9,200 units, 70% sold) and SAR 13 billion via REITs.