40. Mohammed Al Otaibi

Designation: CEO
Company: Ajdan Real Estate Development
Country: Saudi Arabia
Establishment Date: 2016

Ajdan Real Estate Development Company was established in 2016. It had completed 192 residential units and 17 retail units, with 480 residential units, 162 hotel rooms, 12 luxury residences, and 279 luxury villas under construction. Its projects include Infiniti, Ajdan Walk, Fairmont Ajdan Al Khobar, and Ajdan Rise. In October 2022, the company announced a contract with Al-Muhaidib Group for a $67 million 100,000 square meter lifestyle project, Bayfront. In December 2022, Ajdan partnered with ROSHN Group to develop 279 luxury villas in ROSHN’s SEDRA.