Our Assets
Riyadh Development Company owns 12 basic assets between real estate leasing, operational business, land sales, and development.
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Qasr Al Hukom Land
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MEFIC Tower
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01 – AlTameer Wholesale Market
Key Offerings
Consumer Products
Rental Properties
AlTameer Wholesale Center is the first and largest project of AlTameer. It includes commercial facilities, residential units, and offices that generate revenue through the rental model.
The complex is known for its specialized markets, including the Gold Market, Mobile City Market, and the Galleria Mall, which specializes in wholesale clothing.
Year Founded
Plot Area (sqm)
Net Rental Space (sqm)
2 – AlTameer Meat and Vegetable Market
Key Offerings
Retail Fruit & Vegetables
Vertical Real Estate
Retail Sale of Fish and Meat
AlTameer Market for meat and vegetables specializes in selling meat, fish and fresh produce. Strict measures are applied to ensure high levels of food safety and quality.
The products are sold under the supervision of a specialized department in cooperation with the Riyadh Municipality Office located inside the market.
It’s main goal is to direct sustainable businesses that can be replicated in the rest of the Kingdom, while driving investments in the areas of meat, vegetables and fruit trade to keep pace with the requirements of the local market.
Year Founded
Land area (sqm)
Net Rental Space (sqm)
3 – Otaiqah Central Market
Key Offerings
Retail Fruit & Vegetables
Vertical Real Estate
Otaiqah Central Market is a major retail location for a wide range of Riyadh’s food needs, including vegetables, fruits, dates, meat, fish, poultry, eggs, and milk.
The market is operated by AlTameer Company based on the contract signed with the Ministry of Municipal and Rural Affairs with the aim of re-establishing, investing, operating, and maintaining the place for a period of 25 years.
Year Founded
Land area (sqm)
Net Rental Space (sqm)
4- AlTameer Riyadh Market
Key Offerings
Wholesale
Retail Fruit & Vegetables
Vertical Real Estate
Rental Properties
AlTameer Riyadh Market consists of 8 separate buildings containing 154 rental offices and shops for traders specialized in the wholesale and retail trade of produce, dates, and agricultural equipment.
The center was built near AlTameer market to sell wholesale vegetables and fruits to provide a wide range of selling services to consumers. This integrated model has seen steady growth over the years.
Year Founded
Land area (sqm)
Net Rental Space (sqm)
AlTameer Vegetable & Fruit Wholesale Market (Central Market)
Key Offerings
Wholesale
Retail Fruit & Vegetables
Rental Properties
Warehousing
AlTameer Fruits & Vegetables Wholesale Market is designed for both wholesale suppliers and buyers in the fruit and vegetable business.
The market is also considered one of the largest gates for the trade of local and foreign vegetables and fruits to all parts of the Kingdom, the Gulf countries and the Arab countries.
The complex includes several sites, cold stores, a central laboratory, as well as a sorting and packaging plant.
Year Founded
Land area (sqm)
Net Rental Space (sqm)
6 – AlTameer Bus Terminal
Key Offerings
Communications
Rental Properties
The public transport center is an integrated land port (similar service systems in airports and others) that serves the needs of travelers departing and arriving in Riyadh (locally and internationally).
The center is characterized by the presence of various types of commercial facilities (restaurants, shops, etc.) and multi-purpose offices (Ministry of Commerce, General Directorate of Passports, Drug Control), which are equipped with the latest technological developments.
Year Founded
Land area (sqm)
Net Rental Space (sqm)
7 – AlTameer International Car Auction
Key Offerings
Consumer Products
Auction
Rental Properties
AlTameer International Auto Auction consists of an administrative building in addition to a large space for storing and conducting auctions on vehicles.
The area includes 9 bidding lanes, with a capacity of 1,800 cars every three hours and a storage capacity of 20,000 cars.
The auction stores, cleans, and inspects the cars and then offers them for sale as a neutral broker without any involvement in the buying process.
Year Founded
Land area (sqm)
Net Rental Space (sqm)
9 – Technical Services City
Land area (sqm)
11 – AlTameer Tilal al Riyadh
Key Offerings
Real Estate Development - Infrastructure
AlTameer Tilal al Riyadh promotes the development of residential real estate units with the latest technology, equipment and infrastructure to support an integrated community in which the residents of the neighborhood live.
Land area (sqm)
RSA4 (sqm)
12 – Tanal Company Scheme
Key Offerings
Horizontal Real Estate (infra)
On May 20, 2019, AlTameer, in partnership with Sumou Holding Company, established Tanal Real Estate Investment and Development Company.
Land (1,798,345 sqm) developed, 1,090,482 sqm sold, 707,862 sqm (491,115 sqm – development share) to date.