Contact US

NEWS & EVENTS

SAS DEVELOPS RED SEA MALL

Since its inception in 1996, Saqifat Al Safa (SAS) has been at the forefront of transforming Saudi Arabia’s real estate landscape. Among its most celebrated achievements is the development of Red Sea Mall—a premier destination for shopping, leisure, and business in the heart of Jeddah.

Strategic Vision Behind the Development

Red Sea Mall wasn’t just another commercial project; it was a strategic endeavor to redefine urban retail and lifestyle experiences in the Kingdom. SAS took a comprehensive approach to the development—starting from land leasing and feasibility studies, through to design supervision, licensing, and leasing operations. Every phase was executed with meticulous precision to ensure that the mall would meet the expectations of investors, tenants, and visitors alike.

A Benchmark in Retail Real Estate

The mall today stands as one of the largest and most vibrant retail centers in the region, combining global luxury brands, local retailers, gourmet dining, family entertainment, and modern workspaces under one roof. With over 240,000 square meters of gross area and a visitor-friendly layout, the mall embodies the values SAS holds dear: excellence, innovation, and sustainability.

SAS’s Role: More Than Just Development

SAS didn’t just build a mall—it created a thriving commercial ecosystem. The company’s contribution went beyond construction to include:

  • Market research & strategic positioning

  • Lease management and tenant mix curation

  • Property and facility management strategies

  • Marketing campaigns and activation planning

This holistic management ensured that Red Sea Mall achieved full occupancy shortly after launch, became a magnet for international brands, and continued to deliver long-term returns for investors.

A Symbol of the Future

Red Sea Mall is more than a retail space; it’s a symbol of modern Saudi Arabia—a hub where commerce meets culture, and tradition blends with innovation. With footfall in the millions annually and its pivotal location along Jeddah’s King Abdulaziz Road, the mall is now a landmark of commercial success and a case study in real estate excellence.

As SAS continues to shape the Kingdom’s urban development in alignment with Vision 2030, the success of Red Sea Mall stands as a testament to the company’s ability to create projects that define skylines, elevate experiences, and deliver sustainable value.

WHY SAS

With 28+ years of expertise in real estate development, Saqifat Al Safa (SAS) is a trusted partner for investment, feasibility studies, sales, marketing, and property management. Backed by data-driven insights, a proven track record, and a strong network of investors and buyers, SAS ensures maximized returns, sustainable growth, and seamless project execution. From vision to reality, we deliver strategic solutions that shape the future of real estate.

With over 28 years of experience since 1996, Saqifat Al Safa is one of the pioneers in Saudi Arabia’s real estate sector, offering unmatched experCse and market insights.

Developed and co-developed tens of projects that all achieved their profit target, complete occupancy rate, market mix and tenant mix.

Always honored and achieved contractual obligations, meeting all timelines and sales or leasing objectives as scheduled.

Avoiding legal disputes between SAS, landlords, buyers, and lessors.

A commitment to transparency, professionalism, and long-term relationships ensures investors and property owners receive reliable and results-driven services.

A unique approach that seamlessly blends modern, innovative solutions with the preservation of cultural and architectural heritage.

A full-service partner offering expertise in investment advisory, project development, property & facility management.

A strong commitment to eco-friendly practices, smart technologies, and long-term value creation to ensure sustainable growth for investors and communities.

A deep understanding of local and regional markets, providing clients with strategic advice and investment opportunities that maximize returns.

With years of industry experience, Saqifat Al Safa possesses in-depth knowledge of market trends, property valuation, and investment opportunities.

A huge and well-structured database of potential buyers, tenants, and investors, enabling more focused real estate marketing.

SAS is built on the pillars of:

  • Sharing – Fostering collaboration by valuing staff and client ideas, sharing information openly to inspire trust.

  • Integrity – Prioritizing ethical business practices, where no individual, deal, or client is bigger than the company’s principles.

  • Service – Approaching client challenges with enthusiasm and diligence, connecting the right people, capital, and opportunities.

  • Excellence – Focused on creating winning outcomes for clients and stakeholders through professionalism and expertise.

  • Innovation – Continuously embracing new technologies, smart solutions, and creative approaches to enhance real estate developments and investments.

  • Sustainability – Committed to environmentally responsible practices, ensuring long-term value and minimal ecological impact.

  • Customer-Centric Approach – Prioritizing client needs and delivering tailored solutions that exceed market standards.

MESSAGE OUR CEO

Do you have any question?

We are here to assist you. If you have any inquiries or complaints, please don’t hesitate to contact us at:

+966 12 6633522
info@saqifatalsafa.com

Book a Viewing

920022233