The financial results announced by 14 real estate development companies listed on the Saudi Stock Exchange revealed strong performance during the first half of 2026, as the sector’s activities continued to diversify across real estate development, shopping center management, hospitality, and investment assets.
Total revenue and sales for the companies that announced their results reached approximately 10.96 billion riyals, while operating profits amounted to nearly 3.98 billion riyals, and net profit attributable to shareholders reached approximately 2.54 billion riyals, reflecting the strength of operational performance and the diversity of revenue sources among listed real estate companies.
In contrast, four companies—Saudi Real Estate, Knowledge Economic City, Emaar Economic City, and Red Sea International—have not yet announced their financial results for the first half of the year, according to the data provided.
Dar Al-Arkan Leads in Revenue
Dar Al-Arkan Real Estate Development real estate companies in terms of revenue, after recording approximately 2.34 billion riyals during the first half of 2026, followed by Jabal Omar Development with revenue of approximately 1.45 billion riyals.
Ratal Urban Development came in third with revenues exceeding 1.2 billion riyals, while Arab Centers «Sinomi Centers» recorded approximately 1.15 billion riyals.
Revenues for both Umm Al-Qura Development and Construction («Masar»), Al-Ramz Real Estate, and Makkah Construction and Development the 900-million-riyal mark, with revenues of approximately 996 million riyals for Masar, 911 million riyals for Al-Ramz, and 952 million riyals for Makkah Construction and Development.
Taybah Investment recorded revenues of approximately 763 million riyals, while Dar Al-Majidiyah Real Estate’s revenues reached approximately 496 million riyals, and Sumo Real Estate achieved approximately 334 million riyals.
Riyadh for Reconstruction reported revenue of approximately 178 million riyals, Al-Andalus Real Estate approximately 141 million riyals, while Banan Real Estate recorded approximately 37 million riyals.
Sinomi Centers Tops Operating Profits
In terms of operating profits, Arab Centers «Sinomi Centers» took the lead with profits of approximately 1.05 billion riyals during the first half of 2026.
Dar Al-Arkan ranked second with operating profits of approximately 963 million riyals, while Jabal Omar Development recorded approximately 481 million riyals, and Umm Al-Qura Development and Construction («Masar») achieved approximately 456 million riyals.
Operating profits for Makkah Construction and Development reached approximately 319 million riyals, compared to approximately 221 million riyals for Taybah Investment.
Ratal Urban Development recorded operating profits of approximately 128 million riyals, Dar Al-Majidiyah Real Estate approximately 115 million riyals, and Al-Ramz Real Estate approximately 51 million riyals.
Al-Andalus Real Estate recorded approximately 55 million riyals, Samou Real Estate approximately 75 million riyals, and Riyadh Construction approximately 38 million riyals, while Banan Real Estate’s operating profit amounted to approximately 26 million riyals.
2.54 billion riyals in net profit attributable to shareholders
Regarding net profit attributable to shareholders, Sinomi Centers maintained its lead after recording approximately 588 million riyals, followed by Dar Al-Arkan with a net profit of approximately 499 million riyals.
Mecca Construction and Development came in third with net profit of approximately 335 million riyals, while Jabal Omar Development recorded approximately 275 million riyals, and Umm Al-Qura Development and Construction «Masar» reported net profit of approximately 261 million riyals.
Taiba Investment also achieved a net profit attributable to shareholders of approximately 198 million riyals, while Riyadh Construction recorded approximately 109 million riyals.
Dar Al-Majidiyah Real Estate posted a net profit of approximately 80 million riyals, and Sumo Real Estate recorded approximately 67 million riyals, while Al-Ramz Real Estate reported approximately 54 million riyals.
Ratal Urban Development posted a net profit of 42 million riyals, while Banan Real Estate recorded approximately 21 million riyals, and Al-Andalus Real Estate’s net profit amounted to approximately 12 million riyals.
Total revenue and sales for the companies that announced their results amounted to 10.96 billion riyals, compared to approximately 3.98 billion riyals in operating profit, while net profit attributable to shareholders reached approximately 2.54 billion riyals during the first half of 2026.
