Albalad Development Co.
Revitalizing Jeddah's Historical District for a Global Future
Jeddah · Founded 2023
- Headquarters
- Jeddah
- Founded
- 2023
- Business Model
- B2B
- Website
- balad.com.sa
About
Al Balad Development Company (BDC), wholly owned by the Public Investment Fund, is the heritage-focused master developer and asset manager of the Jeddah Historical District. It aims to provide an authentic experience, build a vibrant community, and establish the district as an economic centre and global historical destination. Following a 2019 directive to redevelop historic Jeddah, BDC manages over 400 assets, including more than 9,300 residential, 1,300 hospitality, and 4,000 commercial units.
Summary
Albalad Development Co. is a Real Estate company based in Jeddah, founded in 2023.
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