Bayan Real Estate Development Co. (Venture Estates)

Bayan Real Estate Development Co. (Venture Estates)

Bayan Real Estate Company has been established to address the acute shortage of residential units by providing quality housing for middle income nationals in the Kingdom of Saudi Arabia. The Company’s main project is the development of Bayan Al-Aziziyah project. The Al-Aziziyah project sits on a 625 thousand square meter plot and  located in the Aziziyah district of Al Khobar and will comprise of once constructed an integrated residential development that will include 800-1000 residential villas. The Al-Aziziyah project has been significantly delayed due to complications in relation to its title deed which began in May 2015 and has only been finally resolved in October 2020. The Company will now focus on the development and completion of the Al-Azizyah project.

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Asset Class:
Real Estate - Development
Real Estate
Saudi Arabia
Project Status: