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Jabal Omar

Jabal Omar

Saudi Arabia
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Jabal Omar

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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Jabal Omar Development Company is a Saudi listed developer established in 2007, focused on a large-scale mixed-use redevelopment adjacent to the Grand Mosque in Makkah. Public disclosures describe a multi-phase project with numerous hotel/residential towers delivered and additional towers still being activated/operationalized over time.

Financial Credibility

The company has long-running, publicly disclosed project financing and has executed restructuring and debt-settlement actions that are documented in audited filings and official announcements. It has also publicly disclosed sukuk redemptions and debt-to-equity settlements with named counterparties.

Project Quality

Public materials indicate the development targets upper-upscale hospitality assets managed by major hotel operators, suggesting institutional-grade specifications for parts of the project. However, independent, project-wide quality assessments are not consistently available in a single authoritative public source.

Legal & Regulatory Standing

The developer operates as a Saudi joint-stock company listed on Tadawul and publishes regulated disclosures as part of that status. No comprehensive public record of licensing approvals for each sub-project element was located in a single official registry source during this check.

Customer Experience

Public information on end-user satisfaction is fragmented because the development is largely hospitality- and mixed-use–oriented, with customer experience often mediated by hotel operators. Where experiences are visible, they are typically tied to individual hotels/operators rather than the developer as a whole.

Market Reputation

The company is generally positioned in public sources as a major, strategically located Makkah redevelopment player and a prominent listed real-estate name. It has also been publicly reported as having faced periods of financial pressure, which can influence market perception.

Innovation & Sustainability

Public-facing descriptions reference large-scale master planning and modern mixed-use execution, but detailed, third-party-verified sustainability certifications were not identified in the sources reviewed. As a result, sustainability claims cannot be independently characterized beyond general statements.