Case Study: Comprehensive Real Estate Development and Management for a Multi-Property Landowner, Location: Riyadh and Eastern Province, Saudi Arabia
Project Overview
Mada Solutions partnered with a prominent Saudi landowner who owned multiple undeveloped plots in both Riyadh and the Eastern Province. The client’s vision was to develop a series of high-quality residential properties that could serve a mix of family units, expatriate professionals, and young couples. Mada was engaged to manage the entire lifecycle of the project—from initial planning and construction through to long-term property and facilities management.
Objective
The project aimed to maximize the value of the landowner’s portfolio by constructing and managing high-quality residential communities that would attract diverse tenants. These properties needed to reflect Saudi Arabia’s evolving housing standards, combining modern design with functional living spaces that could meet the needs of both local and international residents.
Project Scope
Planning and Design: Mada collaborated with urban planners and architects to create a strategic development plan for each property. This involved:
- Market Analysis: Mada conducted an in-depth market study to understand the demand dynamics in each area, ensuring the design and amenities aligned with the needs of target tenant demographics.
- Architectural Design: Mada oversaw the design process to create modern, efficient layouts, including a mix of studios, one-bedroom, and family units to appeal to a wide range of tenants. Key features included open layouts, energy-efficient systems, and shared amenities like gyms, children’s play areas, and landscaped gardens.
Construction Management: Mada managed the end-to-end construction of each property to ensure timely delivery and adherence to quality standards.
- Project Management: Mada implemented a phased construction schedule, allowing for efficient resource allocation and quick turnaround times for each property. On-site managers oversaw daily progress, ensuring quality control and compliance with Saudi building codes.
- Sustainable Building Practices: In alignment with Vision 2030 goals, Mada incorporated sustainable materials and energy-efficient systems into the construction, including LED lighting, solar water heating, and smart building technologies for energy and water conservation.
Property and Facilities Management: Upon completion, Mada took on full facilities management responsibilities to maintain and enhance the living experience for residents:
- Soft and Hard FM Services: Mada provided daily cleaning, landscaping, and ongoing maintenance services to preserve the properties in top condition, handling everything from HVAC servicing to landscaping.
- Leasing and Tenant Management: Mada established an in-house leasing team that handled tenant acquisition, lease agreements, and renewals, ensuring high occupancy rates and competitive rental income for the landowner.
- Resident Services and Community Building: Mada’s hospitality team organized resident engagement initiatives, such as community events and family gatherings, to foster a sense of community and improve tenant retention.
Outcome
Mada’s end-to-end management enabled the landowner to transform undeveloped land into thriving residential communities, achieving full occupancy within six months of project completion. The properties received positive feedback for their design, amenities, and maintenance standards. Tenants appreciated the well-maintained facilities and community-oriented living experience, contributing to high retention rates.
Impact
Through this project, Mada Solutions demonstrated its capability to deliver comprehensive real estate solutions, turning undeveloped land into valuable, income-generating assets. The project aligned with Vision 2030’s objectives by providing high-quality housing options in rapidly growing areas and supporting sustainable development practices. This successful collaboration solidified Mada’s reputation as a trusted real estate partner, setting the foundation for future projects in residential real estate across Saudi Arabia.