Miskan Development Company

Miskan Real Estate Development Company is a leading Saudi developer and the real estate arm of the prominent Alfanar Group. The company is approved by the National Housing Company as a real estate developer and has established a strong reputation for its high-quality residential projects and integrated communities. Its commitment to quality and modern living is underpinned by comprehensive warranties, offering a 25-year structural guarantee and a 10-year warranty against hidden defects on its developments.

The company’s strategic vision is aligned with Saudi Vision 2030, and it focuses on creating innovative housing solutions that meet the growing demand in the Kingdom’s real estate market. This includes a significant partnership with ROSHN Group, a PIF company, to develop residential units in the master-planned WAREFA community in Riyadh. Additionally, Miskan is collaborating with Egypt’s Wadi Degla Developments to adapt its successful “CLUB TOWN” model, which integrates residential living with sports and recreational facilities, for the Saudi market.

$177 Million

Investment value

68,000+ sqm

Land area

1/2

of Alfanar Group

What distinguishes real estate by Miskan Development Company?

Strategic Partnerships & Financial Strength

As the real estate arm of Alfanar Group and a partner to industry giants like ROSHN Group, Miskan demonstrates significant financial backing and project delivery capability.

Commitment to Innovation & Lifestyle

The company is pioneering new housing models in Saudi Arabia, such as the "CLUB TOWN" concept, which combines modern homes with sports and recreational amenities for an enhanced lifestyle.

Trusted Quality & Long-Term Guarantees

Miskan offers exceptional peace of mind to buyers by providing a 25-year structural warranty and a 10-year warranty against hidden defects, showcasing its confidence in the quality of its construction.