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Thakher Development Company

Thakher Development Company

Private
RiyadhReal Estate & PropTechhttps://thakher.com.sa

Last Round

Growth Equity

Sep 11, 2024

Total Funding Raised

$799.4M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Thakher Development Company is a real estate development company that develops hospitality, residential, and commercial properties in Saudi Arabia.

Sector

Real Estate & PropTech

Verticals

Property Investment, Construction Tech, Property Management, Real Estate Finance

Business Model

B2B

Customer Profile

Hardware Sales, Revenue Share

AI Layer

Non-AI

Keywords

Makkah real estatereal estate developermaster developerpilgrim accommodationurban developmentmixed-use developmenthospitality developmentHajj and Umrah accommodationoff-plan salesfreehold ownershipland plot saleshotel apartmentsreal estate investmentSaudi Vision 2030

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Thakher Development Company Comparables

Compare Thakher Development Company with similar companies based on industry and business-model similarity.

Thakher Development Company comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Rua Al Madinah Holding Company
84%
Rua AlHaram AlMakki Company
84%
Jabal Omar Development Company
83%
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Thakher Development Company Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquitySep 11, 2024
Growth EquitySep 12, 2023
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 12, 2026

    Monthly visitors increased 54% MoM.

  • Aug 21, 2026

    Monthly visitors increased 679% MoM.

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Recent news

Latest coverage and updates

  • sells_assets_toOct 19, 2026

    Thakher completes the handover of ownership certificates for the Novotel Thakher Makkah hotel towers and 14 adjoining development plots to Danantara Indonesia, completing the $533M purchase in Saudi Arabia on Oct 19th '26.

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Thakher Development Company Filings

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Thakher Development Company filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Thakher Development Company's valuation, stock price, and market status.

Is Thakher Development Company a public or private company?

Thakher Development Company is a private company.

What is the current stock price of Thakher Development Company?

Thakher Development Company is a private company, so its shares have no public market price. Caplight tracks Thakher Development Company's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Thakher Development Company worth (valuation)?

Valuation information for Thakher Development Company is not publicly available.

Can I buy Thakher Development Company stock?

Thakher Development Company shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Thakher Development Company's last funding round?

Thakher Development Company's most recent funding round was Growth Equity on September 11, 2024.

Who are the main investors in Thakher Development Company?

Investor information for Thakher Development Company is not publicly disclosed.

Will Thakher Development Company IPO soon?

No public IPO plans have been announced for Thakher Development Company.

How can I track Thakher Development Company secondary market activity?

Caplight tracks bids, offers, and trades in Thakher Development Company's shares on secondary markets.

Firmographic Details

HeadquartersRiyadh
Employee Range71
Year Founded2012
Last FundingSep 11, 2024

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