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Jenan Real Estate Company is a multi-dimensional property development group with interests and operations in real estate and developments across the Kingdom of Saudi Arabia. We thrive to become a leading company and to innovate life through property investments by maximizing the value of our clients’ assets and portfolio. This is achieved through our in-depth knowledge and by delivering superior standard of services and always maintaining operational excellence.
The story of Jenan begins with a group of prominently successful business houses from Saudi Arabia, Kuwait and Bahrain recognizing the market’s needs and subsequently launching a closed joint stock company in support of the substantial government efforts to aid home buyers in the Kingdom. Bringing their unique expertise to Jenan, the shareholders actively contribute to the construction and development of Jenan’s various on-going projects across the Eastern Province.
At Jenan we thrive to fulfill the need for high quality, modern residential and commercial real estate in the Kingdom of Saudi Arabia’s booming Eastern Province. Home to state owned Saudi Aramco with its onshore and offshore oil field, a producer of Saudi Arabia’s second major product apart from oil, dates, and numerous industrial plants.
The Eastern province is a powerhouse of its own standing in the Kingdom. New industries and a growing economy attract the professional youth population from all parts of Saudi Arabia.
Jenan develops quality, affordable housing solutions for this key market segment that makes up 60% of the overall population.
We believe our Business Philosophy is defined by how we conduct ourselves in every interaction, every day. Since our founding, we believe our actions have been driven by our mission, ”Life innovators, redefining the way people live with a fusion of belief and culture, using insight and creativity to provide real estate products to individuals and institutions while satisfying stakeholders’ aspirations.”
Looking to the future, the Chairman and the Board of Directors are committed to making Jenan the leading community developer throughout the Kingdom, not just in the Eastern Province. With a capital investment of SAR 475 million (USD 127 million) and a team of specialized talented professionals, Jenan looks to lead the market in pioneering, landmark projects.
Combining their inspired innovation and innate understanding of the market, Jenan will deliver projects integrated to the region’s tradition but mindful of the needs and desire for creativity and modernity.