Marafy Real Estate Development Company

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Construction & Real Estate Development

The main developer of the Marafy project, a fully new waterfront for northern Jeddah city.

About the Company

The company develops North Jeddah's waterfront on a vast area of land reclaimed from the sea, to include integrated residential, commercial and entertainment areas with a giant yacht marina, creating a fully new marine city within the greater Jeddah urban area.

The project is one of the Public Investment Fund's largest real-estate investments, requiring massive marine-reclamation works and complete infrastructure from scratch, and the company targets vendors for reclamation works and massive residential and commercial construction across the long execution years.

93+

square kilometers of project area

1M+

targeted population capacity

2030+

long-term full-development horizon

Marine reclamationMassive coastal developmentNew citiesIntegrated infrastructure

Qualification Requirements

Vendor qualification conditions

Qualification for marine reclamation and dredging works
Documented expertise reclaiming land from the sea with specialized equipment.
Experience with massive residential and commercial contracting
Track record executing thousands of residential and commercial units.
Ability to develop comprehensive infrastructure
Experience with road networks and service facilities for a fully new city.

How It Works

From first file to approval

An orderly process — each step builds on the last and unlocks the next.

Assess company readiness

We review your company's current standing and identify the right entities for its activity before any next step.

Review documentation

We verify your documents are complete and valid against the latest requirements.

Prepare requirements

We prepare each entity's requirements precisely, in line with the latest approved conditions.

Submit the application

We submit the application through each target entity's official portal.

Follow up with the entity

We follow up continuously until every requirement is met.

Obtain approval

We confirm activation and continue managing and renewing your file automatically.

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