Introduction
In the evolving narrative of Saudi Arabia’s transformation, real estate plays a pivotal role. Among the country’s top real estate developers, OSUS Real Estate has emerged as a key catalyst of urban innovation and architectural brilliance. Based in Riyadh and operating with a forward-looking vision, OSUS has aligned its strategies with the Kingdom’s Vision 2030, offering modern, sustainable, and high-impact developments across commercial, residential, and hospitality sectors.
Founded and helmed by Abdullah Al-Majed, OSUS Real Estate isn’t just a property developer—it’s a strategic contributor to the national agenda, blending cultural authenticity with futuristic urban design. With over SAR 4 billion in projects currently under development and a growing footprint, OSUS is quietly but effectively transforming the urban identity of the Kingdom.
The Visionary Behind OSUS: Abdullah Al-Majed
Abdullah Al-Majed, the founder and chairman of OSUS Real Estate, is widely recognized for his innovative mindset and business foresight. With a reputation for excellence and commitment to sustainable growth, he has positioned OSUS as a major force in the real estate landscape of Saudi Arabia.
Al-Majed’s leadership style blends traditional values with modern business acumen. His ability to navigate regulatory frameworks, market dynamics, and architectural trends has earned him recognition across the GCC region. In 2024, he was listed among the Top 20 Most Influential Real Estate Figures in the Middle East by Construction Business News, a testament to his growing influence beyond Saudi borders.
Under his direction, OSUS has moved beyond the conventional developer role and embraced the responsibilities of shaping society—creating not just buildings but livable, functional communities.
Executive Leadership: A Team of Experts
Behind every successful real estate firm is a competent team, and OSUS is no exception. The company’s growth and innovation are driven by a group of seasoned professionals:
- Anas Al-Majed, CEO – Spearheading day-to-day operations and new strategic ventures.
- Mohammad Almujaidel, Managing Director – Overseeing development projects and corporate structuring.
- Ali Al Ghamdi, CEO of Business Transformation – Guiding OSUS through operational modernization.
- Khalid Almajed, GM of Development & Investment – Leading investment strategy and project delivery.
- Hany Abdo, MRICS, Commercial Management – Ensuring global standards in financial oversight.
- Mohamed Hamdy, Facilities – Streamlining mechanical infrastructure and lifecycle management.
- Hamdy ElSheshtawy, Projects Development Director – Managing project planning and execution.
This executive team forms the backbone of OSUS’s resilience and scalability, translating the founder’s vision into tangible developments across Saudi Arabia.
Project Portfolio: Redefining Urban Experiences
OSUS Real Estate has established itself as a powerhouse with a diverse and dynamic portfolio. The firm specializes in high-end residential communities, commercial centers, hospitality venues, and mixed-use developments.
As of 2022, OSUS had delivered:
- 11 completed projects, including luxury apartments and upscale retail.
- 130,000 m² in built-up area delivered.
- 51,000 m² in land area developed.
Currently, OSUS is developing:
- 25+ active projects under execution.
- 700,000 m² total land area under development.
- 750,000 m² planned built-up area for residential and commercial use.
- Project value exceeds SAR 4 billion across all developments.
These statistics are a reflection of OSUS’s ambition and execution capability, reinforcing its reputation as one of Riyadh’s premier real estate developers.
OSUS Eye: A Landmark in the Making
Among its flagship projects is OSUS Eye, a mixed-use high-rise development located in Riyadh. This project marks a significant milestone for OSUS as it brings global hospitality giant Hilton on board to manage both the residential and hotel components.
The collaboration was formally announced during the 4th Hospitality Innovation Summit in Riyadh. This project features:
- Hilton Garden Inn – catering to business travelers and tourists.
- Curio Collection by Hilton – offering upscale residential units with branded services.
- Retail and dining – premium lifestyle spaces aimed at Riyadh’s elite.
- Sustainability focus – green building materials and energy-efficient design.
OSUS Eye is more than just a building. It represents the convergence of global hospitality standards and local architectural sophistication, reaffirming Riyadh’s place on the global map of luxury real estate.
Strategic Vision: Alignment with Vision 2030
The strategic framework of OSUS Real Estate is deeply aligned with Saudi Arabia’s Vision 2030, particularly in:
- Enhancing livability – OSUS focuses on improving urban quality of life through green spaces, community-centric planning, and integrated amenities.
- Promoting tourism – OSUS properties often incorporate hospitality features aimed at bolstering domestic and international tourism.
- Economic diversification – By investing in non-oil sectors such as real estate, OSUS contributes to the broader economic transition of the Kingdom.
- Job creation – Large-scale developments generate thousands of direct and indirect employment opportunities.
In every blueprint and every business model, OSUS embeds the principles of long-term national benefit and cultural preservation.
Sustainability and Innovation
In a region where environmental challenges are significant, OSUS has adopted a forward-thinking approach to sustainability. It invests in:
- Green architecture – Use of sustainable materials, solar panels, and rainwater collection systems.
- Smart infrastructure – Integrated with IoT and AI-based monitoring to enhance building efficiency.
- Community parks and green corridors – Promoting wellness and active lifestyles.
Every OSUS project is designed to be a smart, self-sustaining ecosystem that balances the built environment with nature.
The OSUS Advantage
Several qualities distinguish OSUS from its competitors in the Saudi real estate market:
- Client-centric design: Spaces that cater to modern consumer needs—from smart homes to communal workspaces.
- Execution efficiency: Projects delivered on time with top-notch quality control.
- Collaborations with global brands: Partnering with industry leaders such as Hilton ensures international credibility.
- In-house expertise: A strong, multidisciplinary team covering investment, planning, construction, and hospitality.
These elements make OSUS not just a real estate developer, but a trusted lifestyle brand across the Kingdom.
Community Impact and Social Contribution
Beyond business, OSUS plays a responsible role in community development. Through urban regeneration projects, educational initiatives, and employment creation, the company contributes to building a vibrant, inclusive Saudi society. Some of its efforts include:
- Sponsorship of local architectural talent.
- Collaboration with municipal authorities on infrastructure.
- Supporting NGOs focused on housing and sustainability.
For OSUS, success is measured not just by ROI, but by the lives impacted and cities improved.
Conclusion
OSUS Real Estate is no longer a rising name—it is an established institution redefining the way Saudis live, work, and engage with their environment. Whether it’s premium residences or integrated hospitality hubs, OSUS’s influence is reshaping Riyadh and extending throughout the Kingdom. Backed by visionary leadership and a world-class team, the company is positioned to become a pan-GCC developer and a global benchmark in real estate innovation.
In a fast-evolving economy like Saudi Arabia’s, real estate remains a pillar of transformation. Companies like OSUS are not merely responding to demand—they are shaping future needs through design, technology, and vision. Under Abdullah Al-Majed’s pioneering leadership, OSUS Real Estate stands as a monument to what strategic ambition, sustainability, and excellence can achieve.
As the Kingdom marches toward 2030 and beyond, OSUS Real Estate will undoubtedly remain at the forefront of urban innovation, crafting the cities of tomorrow and enriching the lives of today.
