Al Burj Residential Tower, Riyadh — architectural render
Riyadh · Kingdom of Saudi Arabia

Real assets, held for generations.

Almaria Investment develops, owns and manages hospitality, residential and land assets in the Kingdom — combining institutional discipline with the patience of private family capital.

View the portfolio Capital & funds
SAR800M
Real estate fund capital
19,980m²
Built-up area under development
5
Assets operating & in development
169
Residences under management
Scroll
01The group

We build in one city, in one corridor, and we keep what we build.

Base
Riyadh, Saudi Arabia
Parent
MSMA Holding Company
Sectors
Hospitality · Residential · Land · Agri
Ownership
Held, not traded

Almaria Investment is the real estate arm of a Riyadh family group with interests across hospitality, residential development, income-producing property and agriculture. We invest our own capital alongside institutional partners.

The model is deliberately narrow. A small number of well-located assets, developed to an institutional standard, operated under international brands where scale rewards it, and reported with the discipline of a regulated fund.

That concentration is the point. It lets a small team hold every consultant, contractor and operator to the terms they signed — and it is why the portfolio is measured in buildings rather than square kilometres.

02Portfolio

Five assets, held across three sectors.

Two operating assets, one tower in construction, a managed fund and a land holding.

Under construction
Flagship development · Residential tower

Al Burj Residential Tower

The group's flagship development: a residential tower overlooking King Salman Park, with an amenity-led ground floor, rooftop overflow pool, gym and café. Core and shell tendered under FIDIC to a shortlist of national contractors, with a second package for finishes to follow.

19,980 m²
Built-up area
2028
Target completion
Operating
Hotel · Upper midscale

Four Points by Sheraton Riyadh

An upper-midscale hotel on the corridor, owned outright by the group and run under a long-term management agreement. Owner-side asset management is kept in house.

132
Keys
Marriott
Operator
King Abdulaziz Rd
Location
Operating
Residential · Income

Almaria Residence

A 37-unit building in Al Sulaymaniyah offering one to three-bedroom homes and penthouses, with a rooftop pool and terrace, gym and access to Four Points amenities.

37
Units
Al Sulaymaniyah
District
Active
Fund · Managed vehicle

Al-Mariya Real Estate Fund

A private closed-ended vehicle holding the group's income-producing Riyadh assets. Co-investment is opened selectively, to qualified investors only.

SAR 800M
Fund capital
Derayah
Fund manager
Land holding
Land · Co-investment open

Telal Al Reem

A serviced land holding held in partnership, with the remaining plots offered to co-investors seeking Riyadh land exposure at a development-ready basis.

Partnership
Structure
Open
Co-investment
Four Points by Sheraton Riyadh at dusk, King Abdulaziz Road
Four Points by Sheraton Riyadh Photographed at dusk
03Capital

Structured to invite partners in.

Our income-producing assets sit inside a private real estate fund run by a CMA-licensed manager. A co-investor holds units in a regulated vehicle, with an administrator and an auditor who answer to the fund rather than to us.

Fund participation is offered only to qualified investors under the applicable regulations. Nothing on this site is an offer or investment advice.

Al-Mariya Real Estate Fund

Fund capital
SAR 800,000,000
Vehicle
Private closed-ended real estate fund
Financing
Shariah-compliant Tawarruq facility
Strategy
Income & development, Riyadh
Reporting
Audited, consolidated annually
Co-investment
Selectively open
Rooftop amenity deck, Al Burj Residences, Riyadh
Al Burj Residences — rooftop amenity level Architectural render
04Leadership

The people accountable for it.

Waleed Al Hamali WA

Waleed Al Hamali

Chief Executive Officer

Ahmed El Nayal AN

Ahmed El Nayal

Business Development Director

Ahmed Abdel Wahab AW

Ahmed Abdel Wahab

Chief Financial Officer

Ahmed Abdel Fattah AF

Ahmed Abdel Fattah

Chief Operating Officer

Medhat Fawzy MF

Medhat Fawzy

Human Resources Manager

Asset leadership
Abdullah Aldokhi AA

Abdullah Aldokhi

General Manager, Four Points by Sheraton Riyadh

Esmat Samy ES

Esmat Samy

Financial Controller, Four Points by Sheraton Riyadh

Saleh Zyood SZ

Saleh Zyood

Assistant Director of Sales and Marketing, Four Points by Sheraton Riyadh

Sulaiman Alotaibi SA

Sulaiman Alotaibi

Human Resources Manager, Four Points by Sheraton Riyadh

05Stakeholders

The institutions that stand behind the assets.

An international operator, a licensed fund manager, a senior lender, an auditor and a design consultant — each accountable for a defined part of the portfolio, and each with us long enough to be worth naming.

Marriott International

Hotel operator

Derayah Financial

Fund manager

Riyad Bank

Senior lender

Forvis Mazars

External auditor

Erga

Design consultant

Named parties are service providers to the group under their respective agreements; inclusion here does not imply any endorsement of Almaria Investment by them.

06Group structure

Each asset class in its own company.

MSMA Holding Company
Group parent · consolidated accounts
Almaria Investment

Holds the group's hospitality assets, including Four Points by Sheraton Riyadh.

Hospitality
Almaria Real Estate Development

Delivers the group's ground-up developments, led by Al Burj residential tower.

Development
Tharawat Almaria Real Estate

Operates and leases the group's income-producing residences.

Residential leasing
Alrayanah Packed Dates

The group's agricultural arm — date packing and trade.

Agriculture
Al Mabna Al Hadith

In-house contracting arm supporting the group's projects.

Contracting services
Contact

Let's speak privately.

Co-investment, leasing, operator proposals or supplier prequalification — enquiries are handled by the business development office in Riyadh.

Office
8128 Salah Ad Din Al Ayyubi Road, As Sulimaniyah
Riyadh 12233, Kingdom of Saudi Arabia
Your email client is opening with the enquiry ready to send.