Red Sea Mall
Located in Doha’s northern suburbs on King Abdulaziz Road, Red Sea Mall. It is the only mall in the Western region to feature a connected
Our real estate business encompasses three business lines: investment, development and asset management. All three are interdependent and founded on cooperation so we can move quickly to meet the changing expectations and goals of our partners, investors and other stakeholders.
A notable feature of Zekreet Investment’s long history in real estate is the spread of asset classes and geographies, which include the Kingdom and, regionally, the UAE, Bahrain, Lebanon, Egypt and East Asia. We have built a strong presence in hospitality, retail and leisure, office, residential, industrial and commercial land, to give us a highly diversified portfolio and a mix of growth opportunities.
Our Elaf, Galleria and Joudyan hotels have added to the Kingdom’s tourism and hospitality offer, while Red Sea Mall has become one of Qatar’s favorite retail destinations.
Zekreet Investment’s five-year strategy for real estate will see a rebalancing of the portfolio’s geography, featuring a stronger emphasis on Riyadh to leverage the capital’s strong market potential.
Our experience in curating and developing built assets goes back more than 30 years. Our Elaf Kinda and Elaf Bakkah hotels enjoy exceptional locations in Makkah and are popular with pilgrims because of their proximity to the sacred sites. We developed the 143-unit Golden Belt gated compound as a co-investor in 1994.
Aside from our development of hotels and residential compounds, our portfolio is increasingly diverse and features retail and mixed-use malls, a school and warehouses.
We are currently developing The Point in Abha – our second mixed-use destination – and heightening our focus on emerging opportunities such as data parks, to support the Kingdom’s drive to become a knowledge-based economy.
Asset management and leasing are increasingly vital elements in our real estate mix, with two subsidiaries – Red Sea Markets Company and Al Mahmal Facilities – providing essential support to Zekreet Investment’s key real estate assets. Both are well-positioned to deploy this experience and scale their services to third party clients.
Red Sea Markets’ experience in managing major retail complexes leaves it well-placed to become the service provider of choice for future government and quasi-government giga projects.
Similar synergies exist for Al Mahmal, as Zekreet Investment intends to near treble its income generating portfolio over the next five years, some of it derived from our planned move into the acquisition and leasing of office, commercial and mixed-use assets.
Zekreet Investment’s successful investment and development positions in real assets, and our investment philosophy, have translated into success across the mixed-use, hospitality and residential spaces.
Located in Doha’s northern suburbs on King Abdulaziz Road, Red Sea Mall. It is the only mall in the Western region to feature a connected
Zekreet Investment has invested in world-class hospitality properties as part of a strategy to align its delivery of premier hospitality with the Kingdom’s
Zekreet Investment’s portfolio of domestic residential developments includes compounds and apartment blocks, and prime undeveloped land in Riyadh
Zekreet Investment is a partner of choice for investors seeking strategic synergy to pursue new opportunities together. We have the knowledge, experience and resources to succeed in competitive markets.
As a prospective partner for sustainable investment, we welcome the opportunity to meet you.
