Founded in 2016 under the distinguished Abdulhadi Abdullah Al Qahtani Sons Group Holding, Refad Real Estate Investment & Development has rapidly established itself as one of Saudi Arabia’s leading real estate innovators. Emerging from Al Khobar, the company reflects the Group’s long-standing reputation for integrity, innovation, and national growth. Drawing upon decades of industrial expertise from Al Qahtani Holding, one of the Kingdom’s most influential conglomerates since 1948, Refad has inherited a foundation defined by excellence, resilience, and a strong sense of purpose. These values have been acknowledged by Luxury Lifestyle Awards 2025, as the company has been recognized as TOP 100 Real Estate Developers of the World. 

Aligned with Saudi Vision 2030, the company’s projects and mission focus on redefining living experiences and designing exceptional destinations that embody the highest standards of quality and reflect the communities’ lifestyles. 

Connection, Belonging and Excellence

Refad’s purpose extends beyond constructing buildings; it seeks to create destinations that inspire connection, belonging, and well-being. Its guiding values of distinction, excellence, exclusivity, holistic experience, innovation, and sustainability inform every aspect of its operations. These principles ensure each project contributes to thriving societies, transforming cities, and enhancing quality of life. 

Believing in the “power of place,” Refad views architecture as an emotional and social catalyst, trusting that the right environment can inspire, nurture, and elevate our lives. 

Diverse Expertise Across Real Estate Sectors

Refad’s portfolio encompasses real estate development, investment, and management, supported by detailed market studies and research to ensure every project meets investor expectations and market needs. The company’s approach combines efficient capital allocation with responsible growth, spanning residential, commercial, hospitality, entertainment, and industrial sectors. 

In development management, Refad provides end-to-end solutions, from conceptual design to delivery, ensuring operational efficiency and sustainable value creation. Its investment arm focuses on balanced portfolios that generate long-term returns, while its property management services cover all asset types, supported by advanced systems for maintenance, accounting, and performance optimization. 

Developments Across Saudi Arabia

The company’s diverse developments reflect its capacity for scale and sophistication. Projects such as Miraf District in Khobar represent Refad’s ambition to redefine mixed-use living in the Eastern Province through integrated residential, business, and leisure environments. Refad Place, another signature development, provides a central hub for business and hospitality featuring office spaces, retail areas, and a five-star hotel. Meanwhile, Refad Compound offers a secure residential community with complete amenities that promote comfort and active living. 

Each of these projects strengthens Refad’s contribution to Saudi Vision 2030 by enhancing quality of life and promoting sustainable urban growth. 

People, Innovation, and Impact

Refad’s leadership team, headed by Managing Director Abdulhadi Alqahtani, embodies a culture of collaboration and progress. Together with Chief Development Officer Khalid Al Mubarak, Marketing Head Ghsoon Albelushi, and other senior executives, the company’s management drives Refad’s strategic growth with insight and innovation. 

With a strong belief in partnership and community impact, Refad continues to expand its portfolio through projects that set new benchmarks in functionality, sustainability, and lifestyle value. 

Refad & Saudi Arabia’s Future 

As Refad moves toward 2025 and beyond, its focus remains clear—to design meaningful environments that enrich lives and reflect the promise of Saudi Arabia’s future. By aligning creativity with responsibility, Refad Real Estate Investment & Development continues to shape urban landscapes that stand as symbols of progress, connection, and cultural continuity. 

Discover Refad’s transformative developments and explore how they are shaping the future of Saudi real estate: https://www.refad.com.sa/en.