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Madak App is authorized within the REGA regulatory sandbox · FAL license no. 120034556

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Our story and vision

Redefining real estate investing in Saudi Arabia

Madak is a Saudi proptech company founded to open real estate opportunities to a far wider group of investors, through legally documented fractional ownership within the regulatory environment of the Real Estate General Authority.

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  • 30,000+Registered investors
  • SAR 8MDeeds issued
  • 100%Regulatory and Shariah compliance
Figures are historical. Real estate investment carries risk and returns are not guaranteed.

Who we are

Our mission and vision

We believe real estate investing is a right for everyone, not a privilege for a few.

  • Mission

    Seamless access for individuals

    To give individuals seamless access to real estate investments through innovative fractional ownership, strengthening financial growth and security for every investor.

  • Vision

    The leading platform in the Gulf

    To be the leading platform for accessible real estate investment in the Gulf, and to fundamentally change how individuals build wealth.

The Madak journey

From an idea to a licensed platform

  • Idea and founding

    A clear vision: real estate investing for everyone, with official ownership deeds.

  • Official licensing

    The first fractional ownership app authorised by the Real Estate General Authority.

  • First investment opportunity

    More than 200 investors and SAR 8 million in issued deeds.

  • Today: 30,000+ investors

    We serve 30 thousand investors and keep expanding into more cities.

What sets us apart

Our core values

Three principles govern every decision we make.

  • 01 · Innovation

    Technology in the service of real estate

    We use the latest digital technology to turn traditional real estate models into modern, seamless investment experiences.

  • 02 · Access

    Open to everyone from SAR 500

    We break the capital barrier to real estate with accessible opportunities starting at SAR 500.

  • 03 · Trust

    Full governance and transparency

    We hold to the highest governance and transparency standards, within the regulatory environment of the Real Estate General Authority, with official documented deeds.

Leadership

Experience that makes the difference

Madak senior leadership sets the direction, with accumulated experience across investment, real estate and fintech.

Board of directors

  • Chairman of the board

    Eyad Albayouk

    More than 15 years in investment and venture capital. Managing director of F6 Ventures, previously at Sanabil and Arzan Capital.

  • Vice chairman of the board

    Abdulwahab Abed

    More than 15 years in asset management and institutional investment. Chief executive of SEDCO Capital.

  • Board member · independent

    Samer Shaaban

    More than 20 years in real estate investment and private equity, with leadership roles at Sidra Capital and SEDCO Capital.

Founding partners

  • Founding partner · chief executive officer

    Hussain Hamiduddin

    More than 15 years in entrepreneurship and revenue management, with global companies including InterContinental and Lucidya, and a hand in founding several successful startups.

  • Founding partner · chief commercial officer

    Abdulaziz Alaridi

    More than 11 years in startups and digital growth, with leading companies including NUPCO, Elm, Sary and Foodics, and a strong record in building commercial operations.

30,000 investors got here first

Start your path to property ownership

No large budget and no prior experience needed. An app on your phone, SAR 500, and a goal worth starting today.

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