Real Esate
The Kingdom of Saudi Arabia has witnessed economic development and a cultural renaissance during the past three decades. This development has been followed by a noticeable rise in the standard of living in addition to a noticeable increase in population growth rates, as expected population statistics indicate that the population of the Kingdom of Saudi Arabia is increasing.
Saudis’ demand for residential units has increased because financial institutions have witnessed intense demand from those wishing to obtain financing from various segments. Accordingly, Aknan Company has adopted the idea of establishing a real estate marketing and development company to contribute to bridging the population gap in the Kingdom in line with the vision of the Custodian of the Two Holy Mosques.
What We Do
Real Estate Development
Envision, organize, and execute construction or renovation projects for commercial or private use
Asset Management
General management, operations and production arenas and, financial and human capital aspects
Real Estate Marketing & Consulting
Build and execute multiple marketing campaigns to help expand the real estate brand.
Invesment
Perform the necessary due diligence to assure profitable investments while limiting financial risks
OUR PROJECTS
Albashayer Project
The project is situated north of Jeddah city. A prime location with a total area of 4,000,000 square meters. Aknnan has exclusive marketing agreements for a total of 1,272,000 square meters and has sold around 30% of the residentials lands so far. Aknnan is also planning to perform some minor infrastructure work on the project.
Altandabawi Project
The project is situated at the central area in Makkah and has a total area of 1,102,000 square meters. One of the baggiest development projects in Makkah and distanced 700 meters from holy mosque. The technical and topographical studies and designs for the area were carried out by Aknnan in cooperation with the Makkah Al-Mukarramah Development Authority and the Khatib and Alami Company

