Current Price: 39.55 SAR Change: 0 (0%) Volume: 67417 High: 39.75 Low: 39.2 Market Cap: 1,977.50 Million Last Update: 2024-11-23 16:42:28

Together We Evolve
Forming Cities of the Future

Soaring Beyond Expectations

Sumou Real Estate is a leading Saudi Arabian company listed on the Saudi Stock Exchange. The company is committed to providing comprehensive real estate development services with a focus on creating sustainable neighborhoods and vibrant communities. Established in 2007, Sumou has consistently pursued excellence in enhancing the performance of the real estate sector. The company meets the diverse needs of society and is dedicated to shaping urban landscapes for future generations, in alignment with the objectives of the Kingdom’s Vision 2030.

Vision

For Sumou Real Estate to become the most distinguished entity in real estate development management.

Message

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.

Chairman Statement

Since its founding in 2007, Sumou has steadily advanced in real estate development, focusing on enhancing urban communities. With cities accounting for over 80% of global output with just 56% of the population, urbanization is set to rise; by 2050, nearly 70% of people will live in urban areas.

Recognizing this, Sumou’s strategy adheres to international standards to drive sustainable growth, productivity, and innovation. Productivity and creativity flourish in urban settings that align with individual and societal goals.

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Ayed bin Farhan Al-Qahtani

CEO Statement

Eng. Jarallah bin Mohammed Al Amrah

In the quest to define success, perspectives may vary. However, our collective human experience often attests that ambition paves the way towards achieving success, with persistence serving as the means to navigate through challenges.

At Sumou, we have charted a course from one ambitious milestone to another, achieving successive triumphs through a team that exemplifies excellence at every level—from the pinnacle of our corporate structure to its foundation. This, coupled with a lucid vision and steadfast resolve, has propelled us to establish a resilient yet adaptable organization, one that embodies a forward-looking and promising outlook.

Today, the tangible results of Sumou’s adherence to its strategic trajectory are evident. We remain steadfast in our efforts to drive urban expansion, guided by the highest international benchmarks. Sumou has excelled across various domains, from enhancing logistical capabilities and fostering creative acumen to delivering superior real estate products and surpassing the aspirations of the kingdom, its citizens, and investors.

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We undertake distinctive initiatives and innovative projects within the kingdom, drawing upon the expertise of local professionals renowned for their outstanding performance to achieve our ambitious goals. Our partnerships with the governmental sector have laid a solid foundation for progress within our country. These collaborations have been instrumental in achieving synergy with Vision 2030, as we undertake significant urban developments spanning from the Eastern Province to Makkah, along with numerous other projects nationwide. We are committed to continuing this momentum, realizing even more achievements in the years to come.

Why Sumou?

Sumou in Numbers

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An Expert Team Upholding a Sharp Vision

Our Communities

Toward an Urban Expansion that Inspires Growth and Sustainable Creativity

Our Services

Development Management

Sumou Real Estate provides comprehensive development management services to its clients. Our offerings encompass the full spectrum of real estate development, including the preparation of initial feasibility studies and the generation of innovative development concepts. We excel in translating these concepts into tangible designs and overseeing their execution to ensure they align with our clients’ objectives.

Development and Implementation

Sumou Real Estate provides comprehensive development management services to its clients. Our offerings encompass the full spectrum of real estate development, including the preparation of initial feasibility studies and the generation of innovative development concepts. We excel in translating these concepts into tangible designs and overseeing their execution to ensure they align with our clients’ objectives.

The Methodology

Working within an integrated development system

Sumou Real Estate embraces a comprehensive procedural framework for initiating project development, which involves planning, designing, and executing both infrastructure and superstructure operations. e process starts by assessing the project’s economic feasibility, followed by detailed planning and engineering studies, financial planning, and the formulation of marketing and sales strategies. Subsequently, a development plan is prepared. Design operations come next, which lead to seeking and obtaining approvals from the appropriate authorities. This progression leads to the implementation and management phases of the project. Once these phases reach their conclusion, the project is transitioned to experts who provide specialized solutions for its management, operation, and maintenance.

Latest News

News 1

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Sumou Real Estate earns the Great Place to Work Award

Receiving the Great Place to Work Award reflects our commitment to our employees. We believe in a positive and creative environment and we continue to develop it to evolve the capabilities of a professional work team for a promising and sustainable future.

News 3

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, has been the industry's standard dummy text ever since the 1500s, has been the industry's standard dummy text ever since the 1500s, has been the industry's standard dummy text ever since the 1500s,

Sumou Real Estate earns the Great Place to Work Award

Receiving the Great Place to Work Award reflects our commitment to our employees. We believe in a positive and creative environment and we continue to develop it to evolve the capabilities of a professional work team for a promising and sustainable future.

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