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.

OUR Services

What We Do

Services
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

Aknnan Real Estate

OUR PROJECTS

Projects
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Asfan Project

The project, located north of Jeddah on Asfan Street, covers 920,000 square meters. It is managed by Aknan and is currently developing its master plan in collaboration with Saud Kabiri office to seek approval from Jeddah Municipality

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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.

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Vegetable & Fruits Market

The project is situated 4KM east of Alharamin Street through King Abdullah road. The project owned by Jeddah Municipility and developed by Aknna Holding Group. The market has a total area of 400,000 square meters. Aknnan completed development of 35%.

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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

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AlQaswaa Villas

Aknnan has developed a total of 16 villas ranging at 480 square meter each in a total area of 8,000 square meters. The cost of project was around 20 million Saudi Riyals. Project was fully completed and sold.