Al Derea Real Estate & Developers is
a Saudi-owned real estate development company with numerous high-profile
projects in the Kingdom and in the United Arab Emirates.
Launched in
2003, the company has rapidly expanded from its Jeddah headquarters and into
the UAE with its Dubai-based subsidiary responsible for rolling out glamorous
properties in the most sought-after real estate areas.
These include the three Silicon Gates
projects located in the prime location of Dubai
Silicon Oasis Authority, in a community surrounded by the country’s top
educational institutions. Silicon Gates I, one of the largest residential
towers in the city, is a complex of 843 apartments with 25 floors and three
basement levels. Silicon Gates II and III are
each eight-floor storey buildings designed to create the utmost comfort and
convenience for residents in a chic, modern setting.
The
company has many business interests around the world including the construction
of showrooms, malls, villas and a large number
of industrial buildings in Saudi
Arabia. Meanwhile, Al Derea has at least ten
UAE-based projects in the pipeline which will be
launched very soon including developments in the International Media
Production Zone (IMPZ), Jumeirah
Village Circle, Dubai
World Central and Dubai-land.
From the
outset, the company’s mission was to offer clients the best in terms of
aesthetic design, quality construction and ideal value for money while
implementing the finest global practices. By employing such high standards, Al
Derea quickly grew at a pace in line with international business targets
through its in-house departments for land purchases, architectural designs,
construction methods and marketing and sales team spread across the GCC region.