Land Trading

Al Abbasi Holdings Ltd has extensive real estate land trading experience in Madinah Munawwarah and other regions within KSA, as well as in some other global locations.  The population of Madinah sharif has doubled in the last 20 years and now stands at 1.6 million (and counting).  This has had a direct effect on the natural appreciation of land and property prices, thus providing healthy opportunities for land owners and investors alike.  This trend is set to continue as populations naturally rise in the cities across KSA in the years to come.

In late 2012 the KSA government approved plans to extend the Haram Masjid in Madinah sharif, and the demolition work began in 2013.  This has inevitably resulted in land owners close to the Haram being compensated for their loss of land.  In turn the same land owners are investing in land that they can find in the closest proximity to the Haram.  Low availability of open space and land in the City centre, coupled with ongoing development activity will inshaAllah result in real estate gaining value over the coming years.  This is good news for future development initiatives, and Allah knows best.

After doing thorough assessments, the Group targets to either sell the purchased land onto another end user in order to exit with a reasonable profit, or alternatively we maximise the potential of the land by gaining full planning after which the construction and sales cycles are executed.