Consortium Awarded Development of West and South Al Hindawiyah in Makkah Al-Mukarramah
MCDC announces that the consortium comprising Makkah Construction and Development Company, Umm Al Qura for Development and Construction Company, and United Rajhi Real Estate Company has received an award notification from the Royal Commission for Makkah City and the Holy Sites for the development of the West and South Al Hindawiyah area in Makkah Al-Mukarramah.
The project represents a major urban transformation initiative aimed at contributing to the redevelopment of informal settlements through the creation of a connected, sustainable, and residential-led mixed-use destination. Spanning approximately 1.15 million square meters across West and South Al Hindawiyah, the project is connected to the south of Masar Destination (zone 2), one of Makkah's most significant urban developments. The project is designed to integrate seamlessly with Masar, the Haramain High-Speed Railway Station. Enhancing accessibility, mobility, and overall quality of life within central Makkah.
The project will be implemented through a private closed-ended real estate investment fund to be established and managed by a fund manager appointed in accordance with the rules and regulations of the Capital Market Authority. Under the proposed structure, Umm Al Qura for Development and Construction Company will serve as the Consortium Leader and Development Manager, Makkah Construction and Development Company will participate as the Financial Partner, and United Rajhi Real Estate Company will act as the Technical Partner. The detailed rights, obligations, and contributions of each party will be governed by the final agreements and the fund structure upon completion.
As Lead Developer, Umm Al Qura for Development and Construction Company will oversee the development process and consortium management, leveraging its experience in developing and operating the Masar Destination. MCDC's participation reflects its strong financial position and nearly four decades of experience in developing and operating real estate, hospitality, and retail assets in Makkah. United Rajhi Real Estate Company will contribute its technical and engineering expertise to support the execution of the project's development works.
The project supports the objectives of Saudi Vision 2030 and Makkah's long-term urban development plans by creating a modern urban destination that prioritizes residential development while incorporating complementary commercial, hospitality, and community-supporting uses. Through enhanced connectivity, sustainable planning principles, and integrated infrastructure, the project aims to contribute to improving quality of life and strengthening Makkah's position as a leading urban and investment destination.
For MCDC, participation in the project represents a strategic opportunity to access a significant pipeline of future development opportunities and expand its participation in large-scale urban development projects within Makkah Al-Mukarramah. The project also provides access to a strategic land bank that supports the Company's long-term growth objectives and future development ambitions.
