Al Khozama Investment Company, one of Saudi Arabia’s leading luxury real estate developers, has selected Yardi to oversee its commercial property portfolio, including Riyadh’s landmark Al Faisaliah Tower. The move highlights Al Khozama’s focus on adopting digital solutions that enhance both operational efficiency and tenant experience. 

The partnership will see Al Khozama implement Yardi’s Commercial Suite of products, a cloud-based platform designed to streamline financial operations, improve transparency, and simplify lease management. According to the company, the software’s integrated deal management and advanced forecasting capabilities will support data-driven decision-making and long-term strategic planning.

This collaboration is closely aligned with the Kingdom’s digital transformation agenda under Saudi Vision 2030, reflecting Al Khozama’s commitment to innovation in the property sector.

“By adopting Yardi’s advanced commercial solutions, we at Al Khozama reaffirm our commitment to innovation and operational excellence. This collaboration will drive greater transparency, optimise asset performance, and set new standards for property management in Saudi Arabia and the region,” said a representative for Al Khozama Investment. “This partnership aligns with our vision of maintaining leadership in luxury real estate and will help in setting new standards in property management.”

Yardi, a global leader in property management software, welcomed the partnership. “Al Khozama’s adoption of Yardi’s technology will enhance operational transparency, improve tenant satisfaction and drive long-term growth,” said Said Haider, senior director for Yardi. “We are excited to support their transformation and their commercial management offerings in the Kingdom of Saudi Arabia.”

At the centre of the portfolio is Al Faisaliah Tower, a 267-metre-high skyscraper and mixed-use complex in Riyadh. The iconic property is a symbol of the capital’s modern skyline and a key asset within Al Khozama’s holdings.