Abdulsalam Al Majed

Abdulsalam Al Majed holds a bachelor's degree in business administration from King Saud University and has been a key leader in establishing Al Majdiah's real estate development operations and market presence. He previously served as CEO from 2020 to 2024, during which the company expanded its residential project portfolio in Riyadh and achieved significant business growth. In June 2026, the board appointed Abdulsalam Al Majed as managing director, following his appointment as Acting CEO in November 2025.

Dar Al Majed Real Estate Co., commonly known as AlMajdiah, is a dynamic and fast-growing property development firm headquartered in Riyadh, Saudi Arabia. Since its establishment in 2014, the company has quickly risen to prominence by delivering high-quality residential, commercial, and industrial real estate projects. It has successfully completed over 180 projects, spanning more than 2.5 million square meters of developed land. The company has expanded operations into the UAE, managing properties in Dubai and Sharjah.

Al Majed was selected by Construction Week Middle East as one of the Power150 2024, the 150 most influential people in the Middle East construction sector. Under his leadership, Al Majdiah developed more than 12,000 homes in 850 buildings over five years, and the company's IPO on July 29, 2025 valued the firm at SR 4.2 billion.

Career history

• Managing Director, Dar Al Majed Real Estate Co. (Al Majdiah) — since 2024
• Acting Chief Executive Officer, Dar Al Majed Real Estate Co. (Al Majdiah) — November 2025 onward
• Chief Executive Officer, Dar Al Majed Real Estate Co. (Al Majdiah) — 2020 to 2024

What Abdulsalam Al Majed could bring to his current role as Managing Director: With his extensive background in real estate product development and investment management, combined with a proven track record expanding Al Majdiah's residential portfolio and achieving significant business growth during his tenure as CEO, Al Majed is well-positioned to drive continued operational excellence, strategic project development, and shareholder value creation for the publicly-traded company. His recognition as one of the region's 150 most influential construction leaders demonstrates his standing to guide the company through its next phase of growth.