
Al Andalus
Al Andalus
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Al Andalus
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Core Evaluation
Comprehensive assessment of developer's core competencies
Track Record
Alandalus Property Company is a Saudi listed real-estate developer established in 2006 and publicly traded on the Tadawul (Saudi Stock Exchange) with a portfolio of commercial and mixed-use income-generating properties including Alandalus Mall, Hayat Mall, office towers, and hospitality assets.
Financial Credibility
As a publicly listed company with disclosed interim financials and capital structure (e.g., SAR 700 million share capital), Alandalus has institutional financial reporting and market-regulated disclosure, though recent earnings show some operational net losses in 2024-2025.
Project Quality
Alandalus has received industry awards for quality and excellence (e.g., best commercial/retail project at Arabian Property Awards) and operates high-profile retail and mixed-use developments, indicating recognition of project standards though independent post-delivery quality studies are not widely published
Legal & Regulatory Standing
As a Saudi closed joint stock company incorporated by ministerial resolution and listed on Tadawul, Alandalus is subject to regulatory compliance and capital market governance requirements.
Customer Experience
Publicly available independent buyer or tenant reviews are limited; most accessible information focuses on corporate reporting and asset operations rather than consumer satisfaction feedback.
Market Reputation
Alandalus is recognized in public sources as one of Saudi Arabia’s established property developers with retail and commercial assets and industry awards, reflecting a solid market profile.
Innovation & Sustainability
Alandalus publicly highlights governance and performance awards and its involvement in sustainability reporting, though formal third-party green building certifications are limited in accessible open sources.

