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Rafea Development

Rafea Development

Saudi Arabia
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Rafea Development

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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Rafea Development is presented in public business listings and its LinkedIn company profile as a Saudi real estate developer with operations associated with Jeddah and “over two decades of experience,” while the LinkedIn profile also lists a founding year of 2015. Public reporting also notes Rafea Development’s launch of a sports real-estate development arm (R Sportdev) and planned investment activity.

Financial Credibility

Public business news reports indicate stated investment targets and expansion plans, but audited financial statements and confirmed funding lines are not readily available in accessible public sources from this pass. Public profiles position it as an operating company in Saudi Arabia, but the financial picture remains only partially substantiated by primary documentation.

Project Quality

Independent, completed-project quality evidence is limited in the most accessible public sources identified in this pass. Available information is primarily corporate profile language and media coverage of planned developments rather than verified post-handover quality outcomes.

Legal & Regulatory Standing

No clear, authoritative public record was found in this pass confirming specific licensing/registration identifiers for Rafea Development in a way that can be directly verified from an official registry source. Public company profiles and business directories indicate it operates in Saudi Arabia, but regulatory standing cannot be confirmed beyond that.

Customer Experience

No robust, independently verifiable body of buyer/tenant reviews or complaint-resolution records was found in this pass. Most accessible sources focus on corporate positioning and announcements rather than customer service performance.

Market Reputation

Rafea appears to be an active, emerging-to-mid developer brand with growing public visibility through business profiles and recent media coverage of new initiatives. However, reputation assessment is constrained by limited independent reporting on delivered projects and end-user outcomes.

Innovation & Sustainability

Public reporting highlights a thematic focus on lifestyle and sports-oriented community development via R Sportdev, which suggests product innovation in concept. No independently verified sustainability certifications or measurable green-performance disclosures were found in this pass.