AlUla Development Company Information

AlUla Development Company is a PIF Company that has been established to support the development of AlUla. Our vision is bold yet clear: to become a trusted business partner in the transformation of AlUla into a place where people not only visit but choose to live and invest. We envision a future where AlUla stands as a beacon of cultural richness, natural beauty, and economic prosperity. AlUla Development Company serves as the gateway to opportunity and growth in AlUla, providing a wide range of opportunities for local and international investment across various sectors. We aim to build and operate a world-class portfolio of hospitality, residential, retail and commercial assets in collaboration with our partners – and offer them with a chance to be part of Saudi Arabia's ongoing transformation. Our development plans include hotels and resorts as well as a full spectrum of residential properties for sale or lease, offices, warehouses, retail, entertainment complexes, and more. AlUla Development Company will support the achievement of PIF goals in line with Vision 2030 and unlock the capabilities of new and promising sectors and support the economic diversification in Saudi Arabia. Every step we take is guided by a vision to transform AlUla into a global tourism destination. At the heart of our endeavor, lies a deep commitment to fostering sustainable growth, preserving cultural heritage, and nurturing vibrant communities.