AlUla Development Company is a Public Investment Fund (PIF) company that has been established to support the development of AlUla. It will build and operate a world-class portfolio of hospitality, residential, retail and commercial assets in collaboration with the Royal Commission for AlUla (RCU) and the private sector. With a long-term investment strategy aimed at sustainable economic growth, UDC will rejuvenate and preserve one of the world's largest and oldest cultural sites and create opportunities for the local community in AlUla and the people of Saudi Arabia.
 
AlUla Development Company serves as the gateway to opportunity and growth in AlUla, providing a wide range of opportunities for local and international investment across various sectors. It will offer companies with a chance to be part of Saudi Arabia's ongoing transformation in the pursuit of its goals to support the responsible, sustainable development of AlUla.
 
UDC’s real estate footprint will cover a total gross floor area of 7.3 million square meters. The primary focus includes hotels but extends to villas and penthouses, contemporary apartments built in the new low-rise Saudi architectural style, offices, warehouses, secondary infrastructure, retail and more.

AlUla Development Company will support the achievement of PIF goals in line with Vision 2030 and unlock the capabilities of new and promising sectors and support the economic diversification in Saudi Arabia.

Hotels & Hospitality

Property Development

Commercial Real Estate

AlUla Development Company

AlUla Development Company's headquarters in Riyadh, Saudi Arabia

This department oversees the strategic planning and execution of development initiatives and delivery processes.

Development Operations

The Asset and Facilities Management team at AlUla Development Company oversees the efficient operation and maintenance of the company's extensive portfolio of properties, including hotels, residences, retail spaces, and commercial assets. The team ensures optimal functionality, safety, and sustainability of these assets, aligning with the company's long-term investment strategy and Vision 2030 objectives. This involves strategic planning, operational management, and collaboration with various stakeholders to enhance asset value and support AlUla's sustainable development.

Asset and Facilities Management

This department manages personnel-related functions such as recruitment, employee relations, and benefits administration.

Human Resources

This department oversees the management and operations of assets to maximize their value and efficiency.

Asset Management

This department manages financial planning, control, and investment activities to ensure the organization's financial health.

Finance Department

This department is responsible for overseeing purchasing processes, supplier management, and procurement planning to optimize resource acquisition.

People (3)

Jobs (0)

Other teams

Asset and Facilities Management

Human Resources

Asset Management

Finance Department

Procurement and Sourcing