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Maqam

Maqam

Egypt
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Maqam

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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Maqam for Real Estate Development and Property Management is a Saudi company that publicly states inherited experience dating back to 1978 and lists multiple Riyadh-area residential projects on its official site. Its portfolio appears focused on housing products and property-related services in Riyadh, indicating sustained activity and repeat project delivery in a defined geography.

Financial Credibility

Public sources reviewed indicate operating longevity and an active project list, but do not provide easily accessible audited financial statements or large institutional financing announcements. Financial credibility can be supported at a basic level by long-running operations and visible project pipeline, but detailed financial capacity is not independently verifiable from the reviewed materials.

Project Quality

Maqam’s public materials emphasize quality and modern design, and its project pages show a recurring pattern of neighborhood-based residential developments. Independent, third-party quality certification or defect-performance reporting was not prominent in the reviewed sources, so quality assessment remains based on company-provided information.

Legal & Regulatory Standing

Public information confirms the company’s Saudi base and provides an official website and corporate profile, but specific licensing/permit confirmations from Saudi regulators were not identified in the reviewed sources. In Saudi Arabia, off-plan compliance can involve REGA/WAFI frameworks, but Maqam-specific regulatory records were not surfaced here.

Customer Experience

No strong, consolidated public record of buyer satisfaction, after-sales response quality, or post-handover support outcomes was identified in the reviewed sources. The reviewed materials focus on company descriptions and project listings rather than independently reported resident experiences.

Market Reputation

Based on longevity claims (since 1978) and a visible Riyadh project pipeline, Maqam appears to be an established local-market operator rather than a newly formed entrant. Broader public sentiment (controversies vs trust signals) is not strongly documented in the reviewed sources, so reputation is best described as “established but lightly covered by independent reporting” in the reviewed set.

Innovation & Sustainability

No specific, verifiable sustainability certifications or published green-building standards were identified in the reviewed Maqam sources. Innovation and design language is present, but without standards-based evidence in the reviewed materials.