About Sumou Real Estate
Sumou Real Estate Co. (4323) is a Saudi real estate development and development management company listed on the Saudi Exchange Main Market. Established in 2007, the company operates across 5 provinces and 8 cities, delivering infrastructure, residential communities, and commercial developments.
The company provides comprehensive development management services — from feasibility studies and master planning through design, execution, and handover — serving landowners, institutions, government entities, and the Royal Commission for Jubail and Yanbu.
Key Facts
- Established 18 June 2007 · Al Khobar, Saudi Arabia
- Listed on Saudi Exchange Main Market (4323) since 7 September 2023
- Share capital of SAR 500 million · 50 million ordinary shares
- Operating across 5 provinces and 8 cities in the Kingdom
- Serving landowners, institutions, government entities, and the Royal Commission for Jubail and Yanbu
- Regulated by the Capital Market Authority (CMA)
- Three operating segments: Real Estate Projects Development, Real Estate Project Management, and Investments
Vision
For Sumou Real Estate to become the most distinguished entity in real estate development management.
Mission
We seek to develop real estate projects characterized by innovation and high quality. Projects that contribute to the development of communities and achieve satisfactory returns for the clients.
Values
Leadership, quality, client satisfaction, transparency, trust, and innovation.
Eng. Jarallah bin Mohammed Al Amrah
Chief Executive Officer — Sumou Real Estate Co.
Eng. Jarallah bin Mohammed Al Amrah leads Sumou Real Estate as Chief Executive Officer, bringing over 25 years of experience in real estate development. He holds a Bachelor's Degree in Urban Planning and Design from the College of Architecture and Planning.
Under his leadership, Sumou has expanded its development portfolio across 5 provinces and 8 cities, delivering infrastructure projects, residential communities, and commercial developments at scale. His strategic direction has been instrumental in the company's transition from the Nomu parallel market to the Saudi Exchange Main Market in 2023.
Al Amrah has strengthened Sumou's partnerships with government entities including the Royal Commission for Jubail and Yanbu, with notable contracts including the SAR 1.3 billion Yanbu Industrial City development. He has also driven regional expansion through partnerships such as the joint venture with Egypt's Hassan Allam Properties.
Forbes Middle East — Most Influential Leaders in Real Estate 2025 · Luxury Lifestyle Award — Best Luxury Mixed-Use Development (Sumou Towers) 2024
Since 2007
Company Established
Sumou Real Estate Co. established on 18 June 2007 as a Saudi real estate development and development management company, headquartered in Al Khobar.
Dhahiat Sumou JV
Partnered with Bawabat Makkah — the investment arm of Makkah Municipality — in a PPP model to develop the Dhahiat Sumou master community within the 83M m² Makkah Gate Project.
Nomu — Parallel Market Listing
Listed on Nomu — the parallel market of the Saudi Exchange on 11 May 2020, marking the company's entry into the public capital markets.
Transfer to Main Market
Transferred to the Saudi Exchange Main Market on 7 September 2023 with a capital of SAR 500 million, reflecting institutional readiness and market confidence.
SAR 1.3B Yanbu Contract
Signed SAR 1.3 billion contract with JABEEN (Royal Commission for Jubail & Yanbu) to develop infrastructure and 1,104 residential units in Yanbu Industrial City.
Best Urban Design — Dhahiat Sumou
Awarded by: Cityscape Jeddah
Middle East Excellence Award
Awarded by: Excellence Award Conference, Dubai
Best Real Estate Project — Induscom
Awarded by: Arabian Achievement Event
World Federation of Business Award
Awarded by: Qatar Business Awards
Best Real Estate Developer Award
Awarded by: Egroup Conference for Construction
Best Real Estate Development Company
Awarded by: Naseba Annual Award
Best Real Estate Project — Rofan
Awarded by: Saudi Summit for Construction & Infrastructure
Top 100 Brands Award
Awarded by: Homeland Award
Makkah Excellence Award
Awarded by: Makkah Region
Sumou Real Estate collaborates with leading government entities, financial institutions, and industry partners across the Kingdom. The company holds accreditations from major national entities including Saudi Aramco, GACA, NEOM, Roshn, NHC, and the Red Sea Development Company.