About us

Mahafeth Real Estate Investment Co. Ltd., part of Saeed Mohammed Al Bassami Group — we develop and market integrated residential projects in Jeddah, Riyadh and Abha, and stay with our clients from choosing a unit to well after handover.

Our cities: Jeddah · Riyadh · Abha · Khamis Mushait
Group: Saeed Mohammed Al Bassami Group
FAL License No.: 1200001726

Our story

We develop and market projects that raise the quality of life

Mahafeth Real Estate Investment Co. Ltd. is part of Saeed Mohammed Al Bassami Group, founded in Jeddah nearly fifty years ago and now spanning fifty-three branches across the region. Mahafeth covers the full real estate lifecycle, from concept studies, design and construction to key handover and after-sales care, supported by specialist engineering and architectural teams and on-site sales teams.

Mahafeth Real Estate Investment headquarters

0Exclusive residential units

0Residential units sold

0Projects under construction

0Customers

0Million SAR in market value

0Group branches

Our commitments

Quality first
Thoughtful design, reliable materials and construction supervised by an engineering team at every stage.
Clarity
Project details, prices and milestones are clear to the client from the first contact.
On-time delivery
Every project is planned on a realistic schedule and followed through to handover.
After-sales service
Our customer care team stays with you after handover, not just at the sale.

Our journey

1976
The group begins
Saeed Mohammed Al Bassami Group begins in Jeddah, then expands into automotive and trading businesses.
2006
Mahafeth is established
Entering real estate investment through marketing and development, while building a strong local network.
2023
Residential sales and services
Launching a residential sales division to work directly with customers from the first enquiry to handover.
2030
Our goal
Helping increase home ownership among Saudi citizens in line with the Kingdom’s Vision targets.