real estate sector
Mission:

To provide Al Ghazzawi Group and other entities integrated real estate services with international quality and standards; be it development or portfolio management across Saudi Arabia.

Companies under Real Estate Sector

Saudi Investment Group and Marketing Co. Ltd (SIGMAC):

Incorporated in 1398, (1978), the company oversees, develops and manages the real estate owned by the Group besides participating in other contracting and manufacturing activities through its affiliates.  

SIGMAC owns numerous buildings and huge tracts of commercial lands located in Saudi Arabia which include the following major developed properties at prime locations. The Group has invested heavily in different undeveloped and under-development real estate properties in different parts of  the Kingdom and they are  worth over SR 1.5 Billion.

Development of two commercial centers A&B (Dammam)

  • Total built up area of over 20,000 sq.mtrs (A & B)
  • Rentable area of 7777 m2 for each center
  • Ground floor having built up area of 3161 m2 for 12 shops in each center
  • Mezzanine floor having built up area of 2127 m2 for 12 shops in each center
  • First floor having built up area of 3201 m2 for 12 offices in each
  • Second floor having built up area of 997 m2 marked for 2 restaurants in each center
  • Rentable area for every plot 7777 m2

Also SIGMAC owns the following projects:

Millennium Center
A&B Commercial Center
Jeddah Thalia Millennium Center consisting of 9,000 square meters built-in area. Project title will be "Millennium Center"
New Construction for two commercial centres A&B
  • Plot A with area of 10554 m2
  • Plot B with area of 12637 m2
  • Ground floor area 3161 m2  for 12 shops for every plot
  • Mezzanine area 2127 m2  for 12 shops for every plot
  • First floor area 3201 m2  for 12 offices for every plot
  • Second floor area 997 m2  for 2 restaurants for every plot
  • Build up area 10089 m2  for every plot
  • Rentable area for every plot 7777 m2
Commercial Center C
Ghazzawi tower
New Construction for two commercial centres C located in Dammam, KSA.
  • Plot area 19,000 m2
  • Ground and mezzanine floor with 28 shops
  • First floor area with 17 offices
  • Total build up area 10,000 m2
The Project is Serviced Apartments and Commercial Tower located in Al-Khobar, KSA. The Project has:
  • Land Area of 3,700 m2
  • Two Basement Floors 7,320m2
  • Ground Floor (Entrance + Parking) of Area 1,070m2
  • Mezzanine ( Administration and Activities) of Area equal to 545m2
  • 10 floor Office Spaces and 10 floor Apartments.
  • The Project consists of Twenty Two Floors above Grade Floors with a built-up area equal to 20,000 m2 and a Gross Area of 27,320 m2.
Riviera 1 Compound
Riviera 2 Compound

The Project is Riviera Housing Compound (1) Located in AL Khobar, KSA. With total lot area     58,485 m2. The Project has among other components the following elements with the following approximate description:

  • Club house Building with built up area 6963 m2
  • Building 1 : Furnished Apartment with built up area of 9607 m2
  • Building 2 : Studios with built up area of 2230 m2
  • Building 3 : Employees Building with built up area of 2175 m2
  • Villa Type A x 54 villas with built up area + Balconies + External  spaces for each  257.23 m2
  • Villa Type B x 63 villas with built up area + Balconies + External spaces for each 333.66 m2
  • Villa Type C x 4 villas with built up area + Balconies + External spaces for each 471.48 m2
  • Control room x 2 with built up area of 164 m2
  • Pool A: Situated in front of Building 1 250 m3
  • Pool B: Situated at Sea Front 500 m3.
  • Landscaping: Approximately 23,000 m2  Greenery Zone

The Project is Riviera Housing Compound Located in ALKhobar, KSA. The Project has:

  • Total area including basement floor is around 50,559  Sqm.
  • Total built-up area above ground: 41,838 Sqm
  • 7 buildings of residential apartments with ground floor and 3 typical floors. Each typical floor has 3 types of apartments.
    • 2 bedrooms apt with net area = 110 Sqm.,
    • 1 bedroom apt with net area =72 Sqm.,
    • 1 small bedroom apt with net area = 45 Sqm..
  • Total number of apartments is 328 apartments
Al Waha Mall
 
Shopping mall center located in Dammam – KSA , with total plot area 31,170 m2:
  • Goroud floor ( Shops + Panda Supermarket ) with area of 13,287 m2
  • First floor ( Shops ) with area of 11,532 m2
  • Second floor ( Offices ) with area of 10,820 m2
  • Total build up area 35,639 m2
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