AWJ Investment Acquires 40% Stake in Oud Real Estate: A Game-Changing Partnership
In a bold move that is set to reshape the landscape of Saudi real estate, AWJ Investment, a subsidiary of AWJ Holding, has announced the acquisition of a 40% stake in Oud Real Estate. This strategic partnership is not just about numbers; it’s about driving innovation, creativity, and cultural relevance in the development of branded residential, commercial, and hospitality projects.
With projected investments exceeding SR8 billion over the next five years, this collaboration brings together AWJ’s financial expertise and Oud’s reputation for creating lifestyle destinations that celebrate Saudi heritage. Since its inception in 2016, Oud Real Estate has been at the forefront of designing culturally infused, forward-thinking developments that mirror the evolving urban landscape of Saudi Arabia.
AWJ Holding CEO Abdulaziz Al-Mousa on the Partnership
“Saudi Arabia is in the midst of a urban renaissance, focusing on cultural preservation, sustainability, and cohesive design. Oud Real Estate has shown a deep understanding of this shift. We are thrilled to partner with them to boost their growth and contribute to the development of dynamic, visionary urban environments,” said Abdulaziz Al-Mousa, CEO of AWJ Holding.
Oud Real Estate Founder Arc Mohammed Al-Duraibi’s Optimism
“This partnership is a game-changer for us. It is a strategic move that will expedite our expansion plans and solidify our position in the luxury real estate sector. We are dedicated to crafting spaces that elevate quality of life while showcasing Saudi culture through innovative design, hospitality, and architecture,” expressed Arc Mohammed Al-Duraibi, Founder and Managing Director of Oud Real Estate.
The partnership will focus on key urban hubs like Riyadh and Jeddah, with a focus on creating upscale destinations that seamlessly blend Saudi authenticity with modern urban living. Oud’s design ethos draws inspiration from local stories, traditions, and hospitality, reimagined through a contemporary architectural perspective.
As the demand for premium real estate surges in the Kingdom, the AWJ-Oud collaboration aims to set a new benchmark in quality and cultural significance. Both companies share a vision of crafting iconic destinations that embody Saudi Arabia’s confidence, creativity, and global aspirations.
