Companies & Businesses

Rikaz Real Estate Developer

Established in 1997, the ‘RIKAZ’ name has quickly gained a strong presence in the field of real estate development in Saudi Arabia. As a result of its clear role and vision in providing quality real estate projects, it has also been recognized as a key real estate development company by the Gulf Cooperation Council (GCC).

The secret behind the monumental success of RIKAZ is its great attention to detail and professionalism in providing high quality real estate projects, products, and services that stand distinguished in innovation and quality standards. This approach to real estate development has given RIKAZ considerable business integrity and strong brand perception from its customers by continually aiming to deliver customer satisfaction. RIKAZ has grown aggressively since its inception and continues to grow at stellar rates, the benefit of which greatly contributes to the economic development of the nation through higher, safer and reliable investment opportunities for investors.

RIKAZ Company operates with its own workforce including management, staff and building maintenance personnel and also takes responsibility for leasing and maintenance services of the group’s residential and commercial buildings throughout the country. It provides the following services:

• Planning
• Construction
• Contract Management
• Maintenance of company owned housing facilities

HAKA Properties

HAKA Properties, a subsidiary of HAKA Group in the real estate sector, is a Saudi based real estate pioneer developer. HAKA Properties overseas a varied deve​lopment portfolio of residential, commercial, retail and hospitality projects across the Kingdom, creating opportunities for real estate investors and residents. ​​​The company has a strong pipeline of current and future projects tailored to meet the needs of real estate investors in the region.

From the selection of its development partners such as architects, designers and contractors, to the handover of keys, HAKA Properties endeavours to keep its promise to make sure every detail is flawless.

eSar Homes Ltd.

eSar Homes Ltd is another subsidiary of HAKA group in the real estate sector. The company specializes in the construction for residential and commercial housing projects and has developed sophisticated competences to complete projects with high quality and safety. Its workforce ensures projects are completed according to the standards issued by the government of Saudi Arabia as well as the traditional cultural and contemporary design influences. It makes use of modern architecture techniques and methods and places incredible emphasis on meeting standards in cleanliness, safety, quality, and durability.

The recent projects of eSar Homes Ltd include the Wahat Al-Sharqiya Project and the Auris Inn Al-Khobar Hotel Project. The Wahat Al-Sharqiya Project is a development of 2 million square meters in the eastern province. So far, 80% of the project has been completed and is expected to be finished entirely very soon.

The company is also expected to work on the Auris Inn Al-Khobar Hotel Project, which is a 4-star hotel in Al-Khobar in the Azizia area. The work is expected to start as soon as the contract with operator Auris Hotel Management Company is signed.