Mission and Vision
Al-Oula Development …A Success Confirmed by an Evolving Thinking
• The Beginning
The solid calculated beginning of Al-Oula Development paved the way for its success as the company surpassed significant stages, preceding its inception, starting with the inauguration of various different projects. The market’s study and evaluation was one of the most important stages. As a matter of fact, the Company has in this respect conducted field studies on the real estate market and the related markets, not only in the kingdom but also at the level of the Gulf and Arab countries. As a result, the Company gathered a great deal of data upon which the future investment and developmental strategies of the Company were determined.
• Message:
Al-Oula Development Company seeks to be an addition to the real estate investment sector in the Middle East region and to consolidate standard rules in the real estate industry in the region. The Company quests adopts a new conception in the sector of real estate and housing services in the Kingdom of Saudi Arabia, in addition to its struggle for catering a new model for new Saudi companies specialized in various developmental investments, with the real estate investment on top.
• Goals
The investment plans of Al-Oula Company evolve around a number of principal goals, most importantly, supporting the development movement in the work areas of the Company and providing the ideal model in how to deal with the real estate investment, in addition to achieving the best levels of real estate development and the highest returns for its clients. The plans also aim at exclusively providing a high quality of real estate projects, escorting the investment movement in the field of real estate, and anticipating the competitors in what that is new and innovated in the field of investment and real estate development.
• The Means
Al-Oula had to adopt means that distinguish it in all its investments and in the achievement of its objectives. For this purpose:
- It recruited the best experienced administrative and technical cadres and constituted young staff that works professionally and distinctively.
- It relied on diversification in the field of real estate investment and expanded it to include the commercial and residential domains and lands.
- It adopted the real estate marketing that is innovative in exposing and promoting projects and lands by unprecedented methods.
• The Yield:
At the external level, the company harvested the yields of its operations by establishing strong relationships with all the investment authorities at the regional level, which became one of the points of strength of the Company.
At the domestic level, the Company has succeeded in obtaining the best marketing contracts and constituted powerful and special alliances given the strength it had gained in the real estate market, which ranked its projects among the most efficient real estate projects at the level of the Kingdom and the Gulf and qualified it to be the most important giant companies, driven by a perspicacious future and strategic vision in order to open up the Saudi real estate industry sector to wider horizons.