Seef Begins Work on Major Mixed-Use Project in Saudi Arabia

Dammam, Saudi Arabia – August 4, 2025 - Seef Properties, a leading Bahrain-based real estate developer, has officially commenced the design phase of its first-ever project in Saudi Arabia, an expansive 839,585 sq. ft. (78,000 sq. m) mixed-use development located in Dammam, Eastern Province. This landmark project is being developed in strategic partnership with Majd Investment Company and marks Seef’s debut entry into the Kingdom’s rapidly growing real estate market.

A Strategic Entry into the Saudi Market

The development, situated in one of Saudi Arabia’s most vibrant economic hubs, will integrate residential, commercial, hospitality, and entertainment elements, including curated retail outlets, hotel accommodations, and a dedicated family entertainment centre. It is considered a key milestone in Seef Properties’ regional expansion strategy to diversify its investment portfolio and enhance shareholder value.

"This step reflects our commitment to delivering high-quality projects with a positive impact that support economic and social development, especially in the Saudi market, which is one of the most promising destinations for growth in the retail, hospitality, and entertainment sectors," said Ahmed Yusuf, CEO of Seef Properties.

Global and Local Expertise Driving Design

The initiative follows a strategic agreement signed during the Cityscape Global exhibition held last year in Riyadh and represents a major advancement in Seef’s efforts to establish a robust presence across the GCC.

Now in the detailed design phase, Seef has appointed an elite team of international and local consultants to bring the project to life:

• Benoy Limited, a globally renowned architectural firm, has been assigned to develop the master plan as well as the architectural and interior design aspects of the project.
• Mohamed Salahuddin Consulting Engineering Bureau (MSCEB) will oversee all engineering design services and manage on-site construction supervision.
• Cracknell Landscape Design, a distinguished firm specializing in urban design and planning, will handle the layout and creation of the project's green and open-air spaces.
• Impact Consulting Engineers has been chosen as the architectural engineering office responsible for obtaining official approvals from authorities.
• Mashari Al Shathri Engineering Consultants (MISSION), a respected Saudi firm, will be responsible for traffic studies and flow planning.
• Haj Gulf will manage the overall project delivery and provide cost control services.

Creating an Integrated Urban Destination

According to Seef Properties, this mixed-use development is poised to become one of the most significant real estate projects in the Eastern Province. It aims to provide an integrated urban lifestyle destination, blending comfort, sustainability, and modern design principles to meet the evolving needs of residents, visitors, and investors alike.

"Advancing the project to the detailed design phase is a key milestone in realizing our vision of developing innovative urban destinations. We will continue to leverage our expertise, in collaboration with Majd Investment Company, to deliver a project that sets a benchmark for enhancing the investment environment and creating added value for the region," Yusuf added.

Regional Collaboration with Majd Investment

Echoing the sentiment, Mahmood Al Kooheji, CEO of Majd Investment Company, stated: "We are pleased to partner with Seef Properties on this ambitious project, which brings together both Bahraini and Saudi expertise to develop an integrated urban destination that meets the expectations of the local market."

"We are confident that this collaboration will result in a distinctive development that enhances the Eastern Province’s position as a comprehensive center for investment, commerce, and living," he concluded.

This project aligns with Saudi Arabia’s broader Vision 2030 goals, aiming to stimulate economic diversification and urban development while reinforcing the Eastern Province as a major destination for modern living and business opportunities.