Umm Al Qura for Development and, SA169G7I3IH8

Umm Al Qura signs SAR700 million deal: what it means for Umm Al Qura stock

Published on 10/16/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Umm Al Qura signed a SAR700 million deal on October 1, 2026. Umm Al Qura stock stood at SAR16.00 on October 15, 2026, within SAR14.54-SAR24.64.

MASAR expansion and earnings dates

Umm Al Qura signed a SAR700 million Masar agreement on October 1, 2026.
Revenue reached SAR2.90 billion in fiscal year 2025.
Umm Al Qura will publish its next earnings report on December 2, 2026.

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

Umm Al Qura for Development and Construction signed a SAR700 million agreement for a serviced apartment tower in Makkah on October 1, 2026, according to Gulf Construction. The project adds 460 hospitality units to the MASAR Destination, giving the latest land transaction a clear operating dimension.

MASAR adds hospitality capacity

Numu will develop the serviced apartment tower in the central district of MASAR, while Umm Al Qura remains the owner, developer and operator of the destination. The agreement follows a SAR500 million residential tower agreement with Rawajeh Group, which covers 250 units, according to Gulf Construction.

The company website describes MASAR as a redevelopment project with an estimated total development cost of SAR100 billion. Its investor-relations page also reports SAR2.90 billion in revenue for fiscal year 2025 and identifies 203 investment land plots covering 642,000 square meters, according to Umm Al Qura.

What does SAR700 million add?

The deal broadens MASAR beyond land monetization by adding recurring hospitality capacity. That matters because the investment-relations figures combine a SAR100 billion development plan with 203 plots, making the pace and quality of project conversion central to the company story.

Three dated MASAR steps

On September 15, 2026, Umm Al Qura agreed to sell a MASAR plot for SAR168.91 million, according to Mubasher. On September 30, 2026, it signed a SAR251.8 million sale agreement for another plot within the destination, as reported by Trade Arabia. On October 1, 2026, the Numu agreement reached SAR700 million and included 460 hospitality units.

Next date for investors

Umm Al Qura is scheduled to release its next earnings report on December 2, 2026, according to Investing.com. The date will provide the next formal test of revenue conversion and earnings after the first-half results.

Stock reference in Saudi riyals

On Tadawul, the stock was last quoted at SAR16.00 on October 15, 2026 at 3:18 p.m. AST. The same market reference lists a SAR14.54 to SAR24.64 52-week range and a SAR23.02 billion market capitalization.