Umm Al Qura for Development and, SA169G7I3IH8

Umm Al Qura signs SAR 251.77 million deal: what it means for Umm Al Qura stock

Published on 10/21/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 1 sale covers 3,341 square meters. For Umm Al Qura stock, SAR 251.77 million funds working capital.

Project sales shape the update

Umm Al Qura signed a SAR 251.77 million land agreement on October 1, 2026.
The Masar plot covers 3,341 square meters under the September 30, 2026 agreement.
Umm Al Qura had a SAR 22.5 billion market capitalization as of October 21, 2026.

Umm Al Qura for Development and, SA169G7I3IH8, Illustration mit AI erstellt.

Umm Al Qura for Development and Construction Company (SA169G7I3IH8) signed a SAR 251.77 million land-sale agreement tied to its Masar Destination in Mecca. The agreement dated October 1, 2026, covers a 3,341-square-meter plot for a hospitality tower, according to Argaam.

What does the land sale mean?

The transaction gives Umm Al Qura proceeds for working capital and ongoing projects. The plot has a book value of SAR 124.00 million, leaving a disclosed difference of SAR 127.77 million before taxes and fees, while the buyer plans to develop a hospitality tower, Argaam reported on October 1, 2026.

Three Masar developments

On September 17, 2026, Umm Al Qura announced a land-sale agreement linked to a residential tower with 250 units, according to TradeArabia. On September 30, 2026, it signed the SAR 251.77 million reservation and sale agreement for the 3,341-square-meter plot. On October 1, 2026, the company disclosed the agreement and the hospitality-tower plan, making the latest deal the clearest near-term liquidity item.

Project scale and results

Umm Al Qura's investor-relations page describes MASAR as a redevelopment project with an estimated total development cost of SAR 100 billion and 203 investment land plots, as of the company's current investor-relations presentation. The page also lists fiscal-year 2025 revenue of SAR 2.90 billion, Umm Al Qura states.

Investing.com lists revenue of SAR 2,903.23 million for fiscal year 2025, up 59.18 percent from SAR 1,823.89 million in fiscal year 2024. That comparison puts the latest land transaction beside a business that has been expanding its reported revenue base.

Next reporting date

The next reporting date listed for Umm Al Qura is December 2, 2026, for the period ending September 2026, according to Investing.com.

Stock value and project funding

Umm Al Qura had a market capitalization of SAR 22.5 billion as of October 21, 2026, while its Tadawul quote was SAR 15.67 at 10:07 a.m. AST on October 21, 2026.