Umm Al Qura for Development and, SA169G7I3IH8

Umm Al Qura stock gets SAR 183.7 million Masar sale details

Published on 10/08/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Umm Al Qura stock disclosed a SAR 183.7 million Masar land sale on October 6, 2026. H1 profit fell 34.14 percent to SAR 261.03 million.

Umm Al Qura for Development and, SA169G7I3IH8, Illustration mit AI erstellt.

Umm Al Qura for Development and Construction stock represents a SAR 24.3 billion company as of October 8, 2026, while a new Masar land sale adds a concrete development milestone. Gulf Construction reported the transaction on October 6, 2026.

Masar sale adds liquidity

Umm Al Qura announced an agreement to sell a 2,750-square-meter Zone 2 plot to Makkiyoon Urban Developers for SAR 183.7 million. The boulevard-facing plot has a book value of SAR 82.7 million, and the buyer plans to develop a hospitality tower, according to Gulf Construction.

The same report said a second Zone 2 transaction involved a 3,341-square-meter plot sold for SAR 251.8 million after an updated subdivision plan. The agreement was signed on September 30, 2026, and proceeds from both sales are intended for working capital and ongoing projects.

H1 profit fell 34.14 percent

The liquidity benefit matters against a weaker interim earnings base. In the first half of 2026, net profit fell 34.14 percent to SAR 261.03 million from SAR 396.34 million in the first half of 2025, according to Mubasher. That comparison puts the recent land monetization in a different light: it supports liquidity and project funding, but it does not reverse the reported year-over-year profit decline.

Umm Al Qura's investor-relations page describes the company as owner, developer and operator of MASAR Destination in Makkah, with an estimated total development cost of SAR 100 billion and 2025 revenue of SAR 2.90 billion, according to Umm Al Qura.

Stock remains below yearly high

Umm Al Qura stock was trading at SAR 16.88 on Tadawul on October 8, 2026, at 10:18 a.m. AST, down 0.47 percent from the prior close of SAR 16.96. The session range was SAR 16.86 to SAR 16.99, while the 52-week range was SAR 14.54 to SAR 24.86.

The current price stood 16.1 percent above the 52-week low and 32.1 percent below the 52-week high. Market capitalization was SAR 24.3 billion and trading volume was 48,433 shares at the same timestamp.