About Midad Real Estate
Midad Real Estate is a Saudi investment and development company whose portfolio runs from residential communities, retail destinations and commercial developments to infrastructure and internationally branded hospitality projects. The company says its development history goes back to 1994, with projects in Jeddah, Riyadh and Taif.
Midad is growing through partnerships with international hospitality brands, including Four Seasons, Atlantis and One&Only. Its current pipeline includes luxury hotel and residential destinations in Jeddah and Diriyah, alongside established commercial and residential assets.
If you’re researching Midad Real Estate projects in Saudi Arabia, it’s important to separate the completed developments from those still under construction or only now coming to market.
Official sources: Midad Real Estate | Midad Projects
Founding and Ownership
Midad Real Estate says it has been developing projects in Saudi Arabia since 1994. It names Abdulelah Al Aiban as its founder and chairman, and describes its business as covering development, investment and property sales.
Over time, its focus has shifted from infrastructure, residential communities, shopping malls and commercial plazas toward large-scale branded hospitality and residential developments.
Midad also works with major destination developers through joint ventures and development agreements. Its Atlantis and One&Only developments in Jeddah, for example, are being advanced with Jeddah Central Development Company, while the Four Seasons Hotel and Private Residences in Diriyah is being developed with Diriyah Company.
Ownership structures, joint ventures and contractual responsibilities can vary from project to project. Check the legal entity named in your purchase agreement, and don’t assume the developer, landowner, hotel operator and brand owner are the same party.
Sources: Midad About Us | Midad Newsroom
Licensing and Accreditation (REGA, Wafi)
Before buying property in Saudi Arabia, check both the developer and the legal and regulatory status of the specific project.
The Real Estate General Authority (REGA) oversees the Kingdom’s real estate sector, and its Wafi platform regulates off-plan sales and leasing, including developer qualification and the licensing of eligible projects.
If you’re buying off-plan, verify:
- Whether the project has the required off-plan sales licence.
- Whether the developer and relevant project entity are correctly identified.
- Whether the approved project details match the unit being marketed.
- Whether the designated escrow account and payment arrangements comply with applicable requirements.
- The contractual completion and handover date, payment schedule and remedies for delay.
- The property’s title, registration status and any restrictions affecting the purchase.
A strong portfolio or a partnership with a luxury hotel brand is no substitute for checking the licence of the specific off-plan project you’re buying into.
Official source: REGA – Wafi Off-Plan Sales and Lease
Key Projects
Midad’s portfolio mixes completed developments with upcoming branded destinations. The projects below show the company’s presence in the Saudi market.
Four Seasons Hotel and Private Residences Jeddah at the Corniche
Four Seasons Private Residences Jeddah at the Corniche is a branded residential development planned around four interconnected towers and landscaped terraces overlooking the Red Sea. The idea is to combine owning a private home with the residential services and amenities that come with the Four Seasons brand.
According to Midad’s official project page, the development includes private residences, dedicated residents’ facilities and services such as concierge support and residential security, along with hotel-related facilities and shared lifestyle amenities.
What buyers should know:
- Location: Jeddah Corniche.
- Property type: Luxury branded private residences associated with Four Seasons.
- Design: Four interconnected towers arranged around a landscaped central garden.
- Services: The published concept includes concierge and residential services, with the final package subject to the applicable documents.
- Availability: Confirm current unit inventory, prices, floor plans and delivery dates directly with the authorised sales team.
Midad is developing the project using Four Seasons trademarks under licence. Four Seasons’ role as a brand and residential operator does not mean that Four Seasons Hotels Limited owns or sells the property.
Fana has a dedicated page for Four Seasons Private Residences – Jeddah, where you can review the published project information and register your interest.
Official source: Four Seasons Private Residences Jeddah at the Corniche
Atlantis and One&Only Jeddah
In Jeddah Central, Midad is developing two major branded hospitality destinations: Atlantis Jeddah and One&Only Jeddah. Both are part of the broader transformation of Jeddah’s waterfront into a destination for tourism, leisure and premium living.
The partnership between Midad and Jeddah Central Development Company, announced in November 2025, covers both projects. Midad also announced an agreement with Kerzner International, owner of the Atlantis and One&Only brands, to develop and operate the destinations.
Both projects combine resort and residential concepts, but their accommodation, ownership and residential-sale arrangements need to be checked one by one. A resort hotel room is not automatically a privately owned home.
Atlantis Jeddah
- Location: Jeddah Central waterfront.
- Concept: A resort destination associated with the Atlantis brand, including leisure and waterpark-related attractions.
- Buyer consideration: Confirm whether a specific unit is legally offered for private ownership and review the applicable sales documents.
One&Only Jeddah
- Location: Jeddah Central waterfront.
- Concept: A luxury resort and residential destination associated with One&Only.
- Buyer consideration: Verify the ownership structure, unit type, operating arrangements and availability of any private residences before making a reservation.
Official sources: Midad Projects | Midad Newsroom
Four Seasons Hotel and Private Residences Diriyah
Four Seasons Hotel and Private Residences Diriyah pairs a luxury hotel with branded homes in Diriyah, a major cultural and heritage destination near Riyadh.
In January 2026, Midad announced a development agreement with Diriyah Company for the project, describing a 159-key hotel alongside private residences. The development is part of Diriyah’s wider transformation into a destination that brings together Saudi heritage, hospitality, culture and contemporary living.
It will appeal to buyers looking for a luxury home in the Riyadh region who want a heritage setting and hotel-style residential services.
Key considerations:
- Location: Diriyah, near Riyadh.
- Property type: Hotel and branded private residences.
- Development partners: Midad Real Estate and Diriyah Company.
- Status: Check the latest construction, launch and sales information before relying on an expected completion date.
- Purchase due diligence: Request the approved unit plan, project licence where applicable, payment schedule, ownership documentation and handover terms.
A branded residence is still a property purchase governed by the unit’s legal documents. The Four Seasons name on its own doesn’t guarantee capital appreciation, rental income or any particular resale price.
Sources: Midad Newsroom | Diriyah Company
Crystal Gallery Jeddah
Crystal Gallery is a retail and lifestyle destination in Jeddah, which Midad describes as a premium development with shopping, dining, open-air promenades and landscaped public spaces.
Its project page lists 2023 as the start year and shows the project as in development, with a retail focus. So Crystal Gallery belongs to Midad’s commercial portfolio rather than serving as an example of privately owned branded residences.
Key facts:
- Location: Jeddah, Saudi Arabia.
- Type: Retail and lifestyle destination.
- Concept: Premium shopping, dining and public spaces.
- Buyer relevance: It demonstrates Midad’s experience in commercial and mixed-use destinations, but it should not be presented as a residential unit offering unless a specific residential component is officially confirmed.
Official source: Crystal Gallery Jeddah
Stars Avenue Mall
Stars Avenue Mall is a well-established retail and entertainment destination in Jeddah. Midad says it opened in 2007 and covers about 70,000 square metres.
With premium retail, dining and leisure, the mall is one of Midad’s completed commercial assets, and it shows the kind of work the company did before its newer branded residential and hospitality projects.
It is a commercial destination, not a residential project. If you’re looking at Midad for a home purchase, treat it as part of the company’s wider track record, not as a sign that homes are available inside the mall.
Official source: Stars Avenue Mall
What Are Branded Residences?
Branded residences are privately owned homes developed in partnership with a recognised hospitality or lifestyle brand. Depending on the project, owners may get brand-standard design, concierge services, housekeeping, managed amenities and access to selected hotel facilities.
In Saudi Arabia, branded residences are increasingly part of major tourism, waterfront and cultural developments, and Midad’s portfolio includes projects associated with Four Seasons, Atlantis and One&Only.
That said, ownership models differ. Some projects sell private residences, while others focus on hotel accommodation, resort facilities or a mix of uses.
Potential Benefits
- Service and convenience: Some developments provide concierge, housekeeping and residential management.
- Design standards: The brand may influence interior design, amenities and service delivery.
- Destination setting: Projects may be located in established waterfront areas or major cultural destinations.
- Potential rental appeal: A well-managed property in a desirable location may attract tenants, subject to local rules and actual market demand.
What Buyers Should Check
- Whether the unit is freehold, leasehold or subject to another ownership arrangement.
- Which services are included in the annual service charge.
- Whether hotel amenities are guaranteed or subject to availability and separate fees.
- Whether short-term rentals are permitted and how rental management works.
- What happens if the hotel operator or brand agreement changes.
- Whether any rental return or investment projection is contractual or merely indicative.
A well-known brand can help a property’s positioning, but it doesn’t guarantee appreciation, occupancy or resale performance.
Projects by City: Jeddah, Riyadh, Taif
Midad’s projects are spread across three main Saudi cities, with its newer branded destinations concentrated in Jeddah and in Diriyah, near Riyadh.
| City | Selected projects | Main focus |
|---|---|---|
| Jeddah | Four Seasons Private Residences at the Corniche, Atlantis Jeddah, One&Only Jeddah, Crystal Gallery, Stars Avenue Mall, Murjan Compound | Branded residences, hospitality, retail and residential communities |
| Riyadh and Diriyah | Four Seasons Hotel and Private Residences Diriyah, Tahliya Plaza | Branded hospitality and residences, commercial property |
| Taif | Hawiya Masterplan | Infrastructure, land subdivision and master planning |
Diriyah sits within the Riyadh region but is a destination in its own right, with its own heritage and development story. Assess each project’s location, transport access, surrounding amenities and timeline on its own terms, rather than treating every project in the Riyadh region as interchangeable.
Sources: Midad Projects | Midad About Us
Unit Types and Price Ranges
Unit types and prices across Midad’s portfolio depend on the project, phase, floor, view, size, layout and sales terms. Its branded residential projects may offer several configurations, while completed commercial and retail assets aren’t necessarily sold as individual homes.
For Four Seasons Jeddah and Four Seasons Diriyah, ask for the latest official sales brochure and unit schedule. For Atlantis Jeddah and One&Only Jeddah, first establish whether the property being advertised is actually available for private ownership.
Before you compare prices, confirm:
- The total purchase price and price per square metre.
- The unit’s internal area, balcony or terrace area and any other area calculations.
- The floor, view, parking allocation and included fittings.
- Whether furniture, appliances and hotel services are included.
- The expected completion and handover dates.
- Applicable taxes, registration costs, service charges and other fees.
Price guidance: Midad’s public project pages don’t give a single, reliable price range for all of these developments. Ask the developer or an authorised sales representative for current prices and inventory rather than relying on unsupported estimates.
Payment Plans and Financing
Payment plans can vary by project and sales phase. If you’re buying off-plan, ask for a written schedule showing each instalment, the date or event that triggers it, and the account the money must be paid into.
Before you sign, review:
- Reservation terms: Confirm whether the reservation payment is refundable and under what conditions.
- Instalment schedule: Check the amounts and due dates against the purchase agreement.
- Escrow arrangements: For licensed off-plan projects, verify the applicable escrow requirements and project details through the relevant official channels.
- Mortgage eligibility: Ask the bank whether the project and unit are eligible for financing and what documents are required.
- Late delivery and cancellation: Understand the contractual remedies, termination conditions and refund procedures.
- Additional charges: Include registration, service charges, maintenance and other applicable costs in the overall budget.
Don’t assume every Midad project has the same payment plan, or that a particular mortgage product is automatically available. Get the latest written terms for the exact unit.
Official source: REGA – Wafi
Track Record and Handover Commitment
Midad traces its development history back to 1994, and its completed projects include Stars Avenue Mall, Prince Sultan Plaza, Tahliya Plaza and Murjan Compound. Its portfolio also includes developments now being launched or built with international hospitality brands.
The company says its experience covers infrastructure, land subdivision, residential communities, retail and commercial development. Those completed assets are useful context, but one project’s delivery record doesn’t tell you the handover status of another.
For any property still under development, ask for:
- The latest official construction progress update.
- The contractual completion and handover date.
- Any applicable licence and approved project details.
- The specifications and finishes included in the contract.
- The inspection, snagging and handover process.
- The process for reporting defects and requesting rectification.
A published target date is not a contractual guarantee. Your delivery rights and remedies come from the signed agreement and the applicable Saudi regulations.
Official sources: Midad Projects | Midad Newsroom
Buyer Reviews and Reputation
When you evaluate Midad Real Estate, look past the marketing and focus on evidence you can verify about the company and the specific project.
Useful checks include:
- Visiting completed projects, where access is available.
- Speaking with existing owners or tenants.
- Reviewing the quality of construction, common areas and ongoing maintenance.
- Asking how service charges are calculated and what they cover.
- Checking the developer’s official project updates and documented handover milestones.
- Verifying the legal entity, project licence and purchase documentation.
- Reviewing independent feedback while checking the date, context and credibility of each review.
Midad’s completed commercial and residential assets tell you something about its history. But reviews of a shopping mall or an older residential compound aren’t reviews of a new branded residence that hasn’t been handed over yet.
No single review or marketing claim should replace legal and technical due diligence, and advertised rental returns, resale values or capital growth should never be taken as guaranteed.
Can Non-Saudis Buy in Midad Projects?
Whether a non-Saudi buyer can purchase depends on the current Saudi ownership rules, the buyer’s legal status, the property’s location and the type of transaction.
International marketing or a global hotel brand doesn’t mean every foreign buyer can buy every unit.
Before paying a reservation fee, non-Saudi buyers should:
- Confirm their eligibility under the current rules.
- Check whether the specific property and location are eligible for their ownership category.
- Verify the permitted ownership structure and any applicable restrictions.
- Confirm the approved registration process and required documents.
- Obtain written confirmation from the developer or an authorised legal adviser where needed.
Rules can change, so check the latest official guidance instead of relying only on an agent’s verbal assurance.
Official starting point: Real Estate General Authority (REGA)
Midad Projects Available Through Fana
If you’re interested in Midad Real Estate, you can use Fana to explore opportunities and ask about relevant units. Just confirm that the specific Midad project is actually in Fana’s current listings and sold through authorised channels.
Fana currently has a dedicated page for Four Seasons Private Residences – Jeddah.
Start with Fana Saudi Arabia and confirm the following before making a decision:
- Whether the exact project and unit are currently listed.
- Whether the advertised unit is available for sale and whether the seller is authorised.
- The latest price, unit specifications and payment plan.
- The project’s development and handover status.
- The relevant ownership and registration requirements.
If a project isn’t currently listed, contact Fana to ask whether it can provide verified information or put you in touch with an authorised sales channel. Don’t assume every Midad development is available through Fana.
How to Buy a Unit
Buying a branded residence means looking carefully at the property, the contract and the ongoing costs. These steps are a practical place to start.
1. Choose the Right Project
Compare the location, property type, amenities, expected handover and how you plan to use the property: as a main home, a second home or a potential rental.
2. Request Official Unit Details
Get the latest floor plan, area schedule, price, specifications and service-charge details, plus written confirmation that the exact unit is available.
3. Verify the Project and Seller
Check the developer or selling entity, the project licence where relevant, the title or ownership documents, and any restrictions that apply to the sale.
4. Review the Contract and Payment Plan
Read the reservation agreement and purchase contract carefully. Confirm the payment dates, refund conditions, delivery obligations, default provisions and how disputes are resolved.
5. Arrange Financing if Needed
Ask your bank or lender to assess the specific project and unit. Don’t rely on an assumed approval or an indicative monthly payment.
6. Complete Registration and Handover
Complete the required registration steps, keep every receipt and signed document, and inspect the unit before you accept handover. Record any defects in writing and follow the contract’s process for getting them fixed.
For off-plan purchases, confirm the Wafi licensing and escrow requirements before you transfer any money.
FAQs
Who is Midad Real Estate?
A Saudi real estate investment and development company with residential, commercial, retail, infrastructure and branded hospitality projects. The company says its development history dates back to 1994.
Which luxury projects is Midad developing in Saudi Arabia?
Its branded projects include Four Seasons Private Residences Jeddah at the Corniche, Four Seasons Hotel and Private Residences Diriyah, Atlantis Jeddah and One&Only Jeddah. Check the development status and sales availability of each one.
Does Midad Real Estate offer branded residences?
Yes. Midad has branded residential developments associated with Four Seasons, and its Jeddah and Diriyah pipeline includes hotel and residential concepts. Verify the ownership structure and available unit types for each project.
What are the prices of Midad properties?
Prices depend on the project, unit type, size, view, floor and sales phase. Ask for current official pricing and a written breakdown of any additional costs.
Are Midad’s branded residences ready to move into?
Not necessarily. Midad’s portfolio includes completed assets as well as projects under development or described as coming soon, so confirm the current status and contractual handover date of the exact property.
Can foreigners buy Midad properties in Saudi Arabia?
Possibly, depending on current Saudi ownership rules, your eligibility, and the property’s location and legal status. Check the requirements before paying a reservation fee.
Can I buy a Midad property through Fana?
Fana has a dedicated page for Four Seasons Private Residences – Jeddah. Check Fana.sa for current listings and confirm the specific unit’s availability and authorised selling arrangements directly with Fana.
How can I verify a Midad off-plan project?
Use the official REGA and Wafi channels to check the licensing and project details, then compare them with the purchase agreement and payment instructions.
