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Rafal real estate

Rafal real estate

Saudi Arabia
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Rafal real estate

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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

RAFAL Real Estate Co. states it was formed in late 2007 in Riyadh and has developed multiple “communities,” including Burj Rafal (opened January 2014) alongside other named communities on its official site. Public sources also reference RAFAL as a Riyadh-based developer with an established operating history.

Financial Credibility

RAFAL states it is owned by leading business groups in Saudi Arabia, which supports credibility of sponsorship at an ownership level. Public fund documentation also references a regulated real-estate fund structure connected to the Burj Rafal project under Saudi Capital Market Authority real estate fund regulations.

Project Quality

Burj Rafal is described on the official site as a major high-rise residential community with integrated hospitality linkage (Kempinski), which indicates a higher-end design and delivery ambition. Independent, systematic post-occupancy quality audits are not readily available in public sources identified in this pass.

Legal & Regulatory Standing

Public fund documentation describes the Burj Rafal-related real estate fund as established under Saudi CMA Real Estate Investment Fund Regulations, indicating a regulated investment framework associated with the project. Broader developer-wide regulatory compliance details (licenses/registrations) are not consolidated in a single publicly accessible official record in this pass.

Customer Experience

Publicly verifiable, aggregated tenant/buyer satisfaction reporting is limited in accessible sources from this pass. Available materials are primarily corporate descriptions of services (buy/rent/invest) rather than independent complaint-resolution records.

Market Reputation

RAFAL presents as an established Saudi developer with a long operating history and multiple named communities, and it is referenced in business directories as a recognized Riyadh-based real estate company. Public sources reviewed here do not show major controversy signals tied directly to RAFAL.

Innovation & Sustainability

No clearly documented, independently verified green building certifications or quantified sustainability outcomes were found for RAFAL projects in this pass. Public materials emphasize community concepts and amenities more than audited sustainability performance.