Danat Al Hada real estate fund established in 2015 as a closed joint investment fund under the rules and regulations of the Capital Markets Authority of Saudi Arabia (CMA) and in compliance with the requirements of Islamic Shari’ah.
Alinma Investment acts as the fund’s manager, director and custodian.
The developer of the fund is URJUAN REAL ESTATE DEVELOPMENT Co. The objective of the fund is to develop one hundred and five high-end residential units targeting upper middle class Saudi nationals along with public parks and a mosque.