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El Dammam

El Dammam

Egypt
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El Dammam

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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

El Dammam Development is a Saudi closed joint-stock real estate developer founded in August 2003 with a stated share capital of SR 100 million. It focuses on developing and managing real-estate investments locally in Saudi Arabia and in select international markets, and publicly reports the delivery of multiple residential communities over more than 20 years.

Financial Credibility

Public disclosures state a substantial share capital (SR 100 million), but audited financial statements or independent credit ratings were not located in the reviewed public sources. The company’s long operational history and capital base suggest sustained market activity, though external financial transparency is limited.

Project Quality

Descriptions of El Dammam Development’s portfolio highlight completed residential communities in response to market demands, but independent quality audits and third-party construction assessments are not widely published in the public domain.

Legal & Regulatory Standing

No regulatory sanctions or compliance actions against El Dammam Development are reported in the publicly accessible sources reviewed; the company is recognized as a registered Saudi real estate entity.

Customer Experience

Publicly indexed independent buyer/tenant reviews and satisfaction data for El Dammam Development projects are limited; most publicly accessible content stems from corporate or directory listings.

Market Reputation

El Dammam Development is positioned in publicly available corporate summaries as an established Saudi real estate developer with more than two decades of activity, though independent third-party market reputation data are limited in accessible public sources.

Innovation & Sustainability

Public materials emphasize community delivery and investment management; specific sustainability certifications, environmental ratings, or formally documented green building practices were not widely found in the public sources reviewed.