Author: OSUS

OSUS honored the graduates of its training program alongside Eng. Abdullah bin Saud Al-Hammad, Chairman of the Real Estate General Authority (REGA), and Mr. Abdulqader Al-Abdulqader, Director General of the Saudi Real Estate Institute, during the Real Estate Brokerage Forum held at the Riyadh International Convention & Exhibition Center. The training program was organized through a collaboration between OSUS and the Saudi Real Estate Institute.

OSUS participated as a sponsor of the forum for the second consecutive year, reaffirming its commitment to supporting real estate brokers, strengthening partnerships with specialized organizations, and contributing to initiatives that advance the Kingdom’s real estate sector.

The recognition ceremony reflects the ongoing collaboration between OSUS and the Saudi Real Estate Institute. As part of this partnership, OSUS hosted the training program at its Sales Center, supporting the joint efforts to empower real estate brokers and promote high-impact initiatives that contribute to the continued development of the real estate sector.

During the ceremony, Mr. Muath bin Hamad Al-Marzouqi, General Manager of Sales at OSUS, delivered a speech emphasizing that real estate brokers have become a cornerstone of today’s real estate industry. He noted that their role extends beyond facilitating transactions, as they have become strategic partners in enhancing market efficiency, strengthening confidence, and creating added value for beneficiaries. He added that real estate brokerage has become a key driver of the sector’s growth and development.

Mr. Al-Marzouqi further stated that, since the previous forum, OSUS has continued to strengthen its partnership with real estate brokers, achieving remarkable results through collaboration with more than 1,000 real estate brokers and brokerage firms, facilitating the sale and reservation of more than 280 residential units, and generating over SAR 418 million in sales through broker channels. He also highlighted a 59% increase in broker-generated sales compared to the previous period, emphasizing that these achievements reflect the success of the partnership between OSUS and real estate brokers, as well as their pivotal role in supporting the growth of the real estate sector, enhancing market efficiency, and promoting its long-term sustainability.

OSUS reaffirmed its commitment to continuing its support for real estate brokers through specialized initiatives and professional development programs, strengthening partnerships with relevant organizations, and providing opportunities that enhance brokers’ professional capabilities and competencies. These efforts contribute to the sustainable growth of the real estate sector, improve the quality of its services, and support the objectives of Saudi Vision 2030.

OSUS and the Saudi Real Estate Institute have announced a strategic collaboration, marking a new step that reflects their commitment to developing and empowering real estate brokers while investing in national talent. Through this collaboration, specialized training seats delivered by the Saudi Real Estate Institute will be made available, contributing to the development of professional skills and enhancing the quality of practice within the real estate market.

This initiative comes as an extension of OSUS’ strategy to support the real estate sector through investment in human capital and the launch of high-impact initiatives that contribute to enhancing the capabilities of real estate brokers. Through specialized training pathways, the initiative aims to strengthen professionalism, improve brokers’ readiness, and enable them to keep pace with the development of the real estate sector and the evolving needs of its beneficiaries.

Both parties will also work to strengthen their collaboration in the field of real estate training by offering programs covering the key areas required by real estate brokers, including the real estate market, communication skills, real estate investment, real estate finance, and off-plan sales, with the objective of developing professional skills and enhancing the practical readiness of participants.

OSUS affirmed that empowering real estate brokers represents one of the key pillars of its strategy, based on its belief that a qualified real estate broker is the cornerstone of building a more efficient and trusted real estate market, and that investing in people is one of the most important factors in ensuring the success and sustainability of the sector.

This joint initiative also reflects OSUS’ commitment to collaborating with specialized institutions, foremost among them the Saudi Real Estate Institute, to deliver high-quality programs that elevate professional practices and contribute to preparing a new generation of qualified real estate brokers in accordance with the highest professional standards.

Through initiatives such as this, OSUS continues to reinforce its role as an active partner in advancing the real estate sector through initiatives that invest in knowledge, support the development of national talent, and contribute to building a more professional and trusted real estate sector.

OSUS Real Estate has announced the expansion of its operations in Makkah through the development of a distinctive residential project within Masar Destination, one of the most prominent urban development projects in the Holy City, with SAR 1 billion in investments.

The project includes the development of three residential towers comprising approximately 690 residential units across three land plots located in the third zone, closest to the commercial complex within Masar Destination, in partnership with Umm Al Qura for Development and Construction Company, the owner, developer, and operator of Masar Destination, and Al Rajhi Capital.

The project represents an extension of OSUS Real Estate’s expansion journey in Makkah, as part of its strategy aimed at strengthening its presence in the most attractive and growing locations, and developing distinctive projects that contribute to supporting urban and economic development, enhancing quality of life, and aligning with the objectives of Saudi Vision 2030.

This step also highlights the growing position of Masar Destination as one of the most prominent urban and investment destinations in the Holy City, and the integrated urban environment and advanced infrastructure it provides, which have contributed to attracting high-quality investments and enhancing its appeal among real estate developers and investors.

The importance of the project lies in benefiting from the promising investment opportunities available in Makkah, amid the rapid urban and economic growth witnessed by the Holy City, as well as the capabilities it possesses that support the development of high-quality real estate projects and meet market needs.

The project embodies a model of strategic partnerships between real estate developers and investment institutions, contributing to supporting urban and economic development objectives, enhancing Makkah’s position as a leading urban and investment destination, and aligning with the objectives of Saudi Vision 2030.

In a new achievement that reflects the growing presence of Saudi companies in the regional real estate landscape, Mr. Abdullah Majed AlMajed, Chairman of OSUS Real Estate, has been selected among the Most Impactful Real Estate Leaders in the Middle East for 2026 by Forbes Middle East, a list that highlights the most influential leaders in the real estate development sector across the region.

This recognition comes in appreciation of AlMajed’s leadership since founding OSUS Real Estate in 2006. The company has successfully developed and delivered thousands of residential units, in addition to developing commercial and mixed-use projects, while continuing to execute distinctive destinations that enhance quality of life and align with the objectives of Saudi Vision 2030.

OSUS Real Estate has established a strong presence through the launch of strategic developments in Riyadh, most notably “OSUS Eye”, a fully integrated mixed-use destination that combines hospitality, residential living, and modern urban experiences. The company has also announced other key projects such as OSUS Makan and OSUS Prime, reflecting its direction toward developing integrated residential communities that meet the evolving needs of the market.

AlMajed’s inclusion in this list underscores the growing impact of Saudi developers in reshaping the urban landscape through high-quality developments, strategic partnerships, and investments that enhance the attractiveness of the Saudi real estate market both regionally and globally.

This achievement further reflects OSUS Real Estate’s commitment to delivering innovative development solutions rooted in quality and sustainability, contributing to the creation of integrated urban environments that support economic growth and elevate quality of life.

OSUS has signed a Memorandum of Understanding (MoU) with Badan Pengelola Keuangan Haji (BPKH), the authority responsible for managing and investing Hajj funds in the Republic of Indonesia, to explore investment partnership opportunities in Makkah. The signing took place within the activities of Markaz Al-Balad Al-Ameen, which brings together leaders and investors to strengthen partnerships in the Hajj and Umrah sector.

The MoU was signed under the patronage of His Excellency the Mayor of the Holy Makkah, Mr. Musaed Al-Daoud, where OSUS was represented by Mr. Ahmed Al Qahtani, Group Chief Executive Officer, while BPKH was represented by Dr. Indra Gunawan, Member of the Executive Board and Chief Investment Officer, in the presence of senior representatives from both organizations.

The MoU aims to explore investment partnership opportunities and develop investments compliant with Islamic Shariah designed to generate sustainable returns. The collaboration will focus on developing projects in Makkah, prioritizing initiatives that enhance the experience of Hajj and Umrah pilgrims and expand capacity in line with the objectives of Saudi Vision 2030, reinforcing the Kingdom’s position as an attractive investment destination.

Abdullah Al Majed, Chairman of OSUS, said:
“This MoU marks a key step in strengthening Saudi–Indonesian collaboration in the Hajj and Umrah sector. Through our partnership with BPKH, we aim to develop Islamic Shariah-compliant investment assets that contribute to attracting investments into the Kingdom, serve pilgrims, and deliver sustainable long-term value.”

Dr. Indra Gunawan, Member of the Executive Board and Chief Investment Officer at BPKH, said:

“This partnership supports BPKH’s strategy to invest prudently in Shariah-compliant Islamic products in the Kingdom, delivering competitive returns while enhancing the quality of services for Indonesian pilgrims.

This investment is in line with our new strategy which focuses on stable and sustainable investment-based framework. We look forward to a productive and long-term collaboration with OSUS.”

This MoU comes as part of OSUS’s strategy to expand its international partnerships and attract strategic investments, contributing to the development of high-quality projects that support the growth of the Hajj and Umrah sector and enhance the services provided to pilgrims.

About OSUS
OSUS is a Saudi real estate developer specializing in large-scale Real Estate Projects. The company focuses on residential, hospitality, and mixed-use developments that create long-term value and support the Kingdom’s economic growth and national priorities in line with Vision 2030.

About BPKH
Badan Pengelola Keuangan Haji (BPKH), established under the Law No. 34/2014 and Presidential Decree No. 110/2017 is the Indonesian authority mandated to manage and invest Hajj funds in accordance with Islamic Shariah principles, with the objective of safeguarding pilgrims’ funds while generating sustainable returns.

About Markaz Al-Balad Al-Ameen
Markaz Al-Balad Al-Ameen is a platform that brings together government leaders, investors, and the private sector to strengthen strategic partnerships and explore investment opportunities in key sectors, particularly those related to Hajj and Umrah. It supports international collaboration and the development of high-quality projects that enhance services provided to pilgrims, in line with Saudi Vision 2030.

Riyadh — OSUS Real Estate announced that its total real estate transactions exceeded SAR 1 billion during its participation in Cityscape Global 2025 — marking one of the most notable achievements of this year’s exhibition.

Cityscape has seen strong footfall since its opening, attracting visitors and real estate enthusiasts eager to explore the latest developments in Riyadh. OSUS recorded rapid sales closures within the first hours of the exhibition, driven by the high demand for its showcased projects.

The announcement coincides with the official unveiling of OSUS Makan and OSUS Prime, located in the districts of Al-Malqa and Al-Qairawan in North Riyadh. OSUS also opened registration of interest for OSUS Residences, a residential tower being developed under the international hospitality brand Curio Collection by Hilton.

OSUS’ portfolio spans residential, commercial, office, and hospitality projects, all developed with a strong focus on environmental and sustainability standards. The company continues to align its developments with quality-of-life aspirations, transforming diverse sector needs into future-ready destinations.

At OSUS, we continue to strengthen our position as one of the region’s leading real estate developers. This year, our iconic project OSUS Eye was honored with two prestigious awards at the Arabian Property Awards 2025, part of the International Property Award, held in Dubai.

The project won:

· Mixed Use Development Award

· Mixed Use Architecture Award

This achievement reflects our firm commitment to delivering high-quality projects that merge urban innovation with modern market needs, creating integrated urban experiences that enhance quality of life and align with the goals of Saudi Vision 2030.

The judging panel gave special recognition to OSUS Eye for its architectural excellence, functional integration, and the added value it brings to both the local and regional urban landscape.

We were honored that Mr. Khalid Al-Majed, Vice President of Investment, received the two awards during a ceremony attended by prominent real estate leaders and investors—marking yet another milestone in our journey of pioneering success and achievement.

OSUS Group is pleased to announce the appointment of Mr. Ahmed Al-Qahtani as the Group’s Chief Executive Officer.

Mr. Al-Qahtani brings nearly two decades of experience in investment, business transformation, and strategic planning. Prior to joining OSUS, he served as Chief Investment Officer for regional markets at Hassana Investment Company, the investment arm of the General Organization for Social Insurance (GOSI).

Throughout his career, Mr. Al-Qahtani has led major strategic transactions, complex partnerships, and M&A deals, in addition to overseeing multi-asset portfolios that included public and private equities, real estate, and infrastructure. His leadership delivered sustainable long-term returns and value creation. He also spearheaded several large-scale institutional transformation and restructuring initiatives across vital sectors such as real estate, healthcare, education, and infrastructure.

In addition, Mr. Al-Qahtani has served on the boards of leading companies and institutions, playing an active role in shaping strategies and strengthening governance.

Board Memberships (Current & Previous):

• Savola Group – Board Member; Nominations & Remuneration Committee
• Panda Retail – Board Member; Chair of Investment Committee
• National Medical Care Co. – Chairman of the Board
• Maarif for Education – Board Member; Executive Committee
• Osool Real Estate – Board Member
• Jabal Omar Development Co. – Board Member; Restructuring Committee
• Arab National Bank – Board Member; Strategy & Risk Committees

Previous Professional Experience:

• HSBC Saudi Arabia – Senior Portfolio Manager, overseeing public equity strategies
• NCB Capital – Equity Analyst, covering real estate, industrials, utilities, mining, and construction sectors
• PwC – Transaction Services, including IPO financial feasibility studies and M&A advisory

The appointment of Mr. Ahmed Al-Qahtani represents a strategic step in OSUS Group’s growth journey, further strengthening its position as a leading development group in Saudi Arabia.

Riyadh, Saudi Arabia – OSUS, one of the Kingdom’s leading real estate development companies, has announced a strategic shift in its business model — evolving from a traditional developer into a fully integrated real estate group built on three core entities: OSUS Development, OSUS Investments, and OSUS Property Management.

This transformation reflects OSUS’s deep commitment to staying ahead of the evolving Saudi real estate market and actively contributing to the goals of Vision 2030. The group will deliver a holistic operating model that connects creative thinking, smart technologies, sustainability, and lifestyle-driven design.

In a statement, OSUS emphasized that this move marks a pivotal milestone in its journey — building a comprehensive ecosystem that offers turnkey solutions for investors, partners, and residents, aligned with its signature “10-minute city” vision.

Limitless Ambition

Since its inception, OSUS has envisioned real estate differently, not just constructing buildings, but shaping the cities of tomorrow. This transformation reinforces OSUS’s dedication to bold, future-forward thinking: investing in next-generation concepts, reimagining modern living, and elevating Riyadh as a global capital of opportunity.

OSUS aspires to lead Saudi Arabia’s private real estate sector  by delivering innovative, sustainable, integrated and human-centric communities that elevate quality of life, in full alignment with Vision 2030.

We at “Osus” are proud to announce the launch of our flagship project, “Ain Osus,” an integrated real estate destination that embodies our passion for creating exceptional spaces that meet the aspirations of residents and entrepreneurs in the heart of the capital. The project encompasses modern luxury residences, the world-renowned “Hilton Garden Inn” hotel, a branded residential tower under “Curio Collection by Hilton,” as well as premium office spaces and vibrant commercial areas, strategically located at the intersection of Al-Takhassusi Road and Abu Bakr Al-Siddiq Road in North Riyadh.

Spanning over 180,000 square meters of built-up area, “Ain Osus” reflects the concept of a complete city, offering all the essentials of contemporary living within just 10 minutes, in line with the objectives of Saudi Vision 2030.

The project includes 627 residential units ranging from apartments to townhouses, designed with modern architectural touches across a residential area of 82,370 square meters. It also dedicates 46,854 square meters for office and commercial spaces, fostering an innovative and entrepreneurial environment. To ensure smooth mobility and convenience for visitors and residents, the project provides multi-level parking areas totaling 155,400 square meters.

“Ain Osus” also features a range of leisure facilities, including green gardens spanning 62,893 square meters, restaurants, cafes, as well as pedestrian and cycling paths—offering a comprehensive urban experience that enhances the quality of life in the capital.

Through “Ain Osus,” we at “Osus” reaffirm our commitment to developing sustainable urban destinations and pioneering smart urban concepts that elevate living, working, and leisure experiences all at once.

Established in 2006 in Riyadh, “Osus” has steadily strengthened its position as a leader in the real estate development sector by delivering innovative, integrated projects. We are proud of our portfolio, which includes 54 diverse projects, ranging from vibrant residential communities to modern office spaces and distinctive urban landmarks, reflecting our clear strategic vision and our unwavering commitment to quality in everything we do.