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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Malqa 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 Fruits & 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)
NLA (sqm)
3 – Otaiqah Central Market
Key Offerings
Retail Fruits & Vegetables
Vertical Real Estate
Retail Sale of Fish and Meat
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)
NLA (sqm)
4- AlTameer Riyadh Market
Key Offerings
Wholesale
Retail Fruits & Vegetables
Vertical Real Estate
Retail Sale of Fish and Meat
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)
NLA (sqm)
5- AlTameer Vegetable & Fruit Wholesale Market (Central Market )
Key Offerings
Wholesale
Retail Fruits & Vegetables
Vertical Real Estate
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)
NLA (sqm)
6 – AlTameer Bus Terminal
Key Offerings
Transportation
Vertical Real Estate
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)
NLA (sqm)
7 – AlTameer International Car Auction
Key Offerings
Consumer Goods
Auction
Vertical Real Estate
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)
NLA (sqm)
9 – Technical Services City

Land area (sqm)
11 – Tilal al Riyadh
Key Offerings
Horizon Real Estate (Infra)
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)
RSA (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.
As of 2021, AlTameer shares hold 69.38%, while Sumou Holding and SMO Real Estate own 20.62% and 10% respectively.
The same proportions of the three companies reflect their ownership in the land of Al-Thumama, which covers an area of 3 million square meters.
Land (1,798,345 sqm) developed, 1,090,482 sqm sold, 707,862 sqm (491,115 sqm – development share) to date.
At the end of March 2022, AlTameer announced the sale of 151,478 square meters, with expected profits for the company estimated at 81 million Saudi riyals.
