Ksa Business Directory

Al Akaria



Al Akaria was established by royal decree in 1976 and has been a leading Saudi real estate development company since its inception. During the past 34 years Al Akaria has designed, constructed, maintained and managed various residential and commercial buildings including:

  • 1200 modern apartments in 9 residential compounds (the first gated compound in KSA) – all with modern facilities.
  • Residential and commercial complexes at Siteen Street – which was the heart of Riyadh during the 1970’s).
  • 305 luxurious residential units in the Diplomatic Quarter area comprising of villas, duplexes and apartments.
  • As a semi-government real estate company, Al Akaria executes a number of prestigious buildings including Saudi Embassies in the Gulf regio.
  • Infrastructure development for an area of 1.2 million m² of land in Riyadh.
  • Akaria 1 – first mall in Middle East in the (1970s).
  • Akaria 2 & Akaria 3 – Mixed used commercial complex consisting of office and retail space.
  • The Plaza – first smart building in the KSA (2009)

Creating new History:
New and upcoming projects

  • Al Akaria Village – a semi-gated development, situated just north of Riyadh on over 2 million m² of land offering residential units, commercial space as well as retail and leisure amenities integrated into one community
  • Al Akaria Residences is the second project of Al Akaria at the Diplomatic Quarter, consisting of 360 luxurious residential units comprising of villas, duplexes and apartments.

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