Al Mahmal Development Co. (Ltd.) Al Mahmal Development was established in 2004 to manage the Al Mahmal Center in Jeddah, which is 79 percent owned by SEDCO Holding. Al Mahmal Center’s superior design, formidable operations, and excellent retail mix has made it one of the most sought after shopping destinations in the city, provide a one-stop venue for fashion, lifestyle, and food. With 12,000 m² of lettable area, the seven-storey story center comprises 90 shops, 27 kiosks, 21 bastas, and a food court with 23 outlets. Occupancy has been running at close to 100 percent for the past five years, with an extensive waiting list of tenants. A 550-bay parking block is connected to each floor of the center, generating income through hourly parking fees for visitors as well as long-term rentals to employees in neighboring companies.
View Top Employees from Al Mahmal Development Co. (Ltd.)| Website | http://www.almahmalcenter.com |
| Revenue | $6.8 million |
| Employees | 9 (9 on RocketReach) |
| Founded | 2004 |
| Address | PO Box 19981, Jeddah, Makkah, SA |
| Phone | +966 12 644 0800 |
| Fax | +966 12 643 8375 |
| Technologies |
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| Industry | Real Estate, Real Estate Development, Mall Management, Office Management |
| SIC | SIC Code 65 Companies, SIC Code 651 Companies |
| NAICS | NAICS Code 53 Companies, NAICS Code 5311 Companies, NAICS Code 531 Companies |
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Al Mahmal Development Co. (Ltd.) Questions
The Al Mahmal Development Co. (Ltd.) annual revenue was $6.8 million in 2024.
9 people are employed at Al Mahmal Development Co. (Ltd.).
Al Mahmal Development Co. (Ltd.) is based in Jeddah, Makkah.
The NAICS codes for Al Mahmal Development Co. (Ltd.) are [53, 5311, 531].
The SIC codes for Al Mahmal Development Co. (Ltd.) are [65, 651].
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