Headquartered in Riyadh,
RAFAL Real Estate Development Co. Ltd. was formed in late 2007 by leading business groups in KSA namely, Ibrahim A. Abunayyan & Bros. Company, Arabian Company for Water and Power Development, Ltd. - ACWA Power and Arabian Tawazon for Commercial Investment Ltd., with the vision to lead the market in quality real-estate development focusing on middle income mixed communities.
RAFAL’s business philosophy is firmly rooted in combining local knowledge and leverage best practices across the globe to deliver best value and services to our customers. This essentially has strengthened our businesses, our customer relationships and partnerships; providing comprehensive range of real estate products and services, RAFAL aims to bring about an upheaval to the real-estate sector in the Kingdom by offering quality real estate development comprising of residential and mixed-use communities.
Our strategy is to create value for all stakeholders by way of providing innovative and full range of complete project management solutions in the area of real-estate management advisory, investment and project management through Human Capital Excellence, Sector Focus and Development, Company Framework Excellence and Trust.