About us

Derayah REIT is a Shariah-compliant closed-ended real estate investment traded fund (the Fund). The Fund aims to generate income on investors’ capital through investing in income-generating real estate assets by the strategy set out in the Fund terms & conditions and the Capital Market Authority regulations. The current portfolio of the Fund consists of 26 income-generating real estate assets distributed across 6 cities and 9 real estate sectors in Saudi Arabia. Derayah REIT’s total asset value is SR 1,694,723,767 as of 31/12/2021. It distributes quarterly dividends of no less than 90% of net profit to unit holders. The Fund is managed following the Real Estate Investment Funds Regulations and the Real Estate Investment Traded Funds Instructions issued by the Capital Market Authority.

Asset Allocation by Real Estate Sector

As per average valuation at 31/12/2021

Asset Allocation by Geographical location

As per average valuation at 31/12/2021

Mohammed AlShammasi

Chief Executive Officer and Derayah REIT Fund’s Chairman

Mohammed earned a Bachelor of Finance from King Fahd University of Petroleum and Minerals with…

Bilal Bushnaq

CFO and Derayah REIT Fund’s Executive Board Member

Bilal earned a university degree in accounting from the University of Jordan in 1996. - Certified…

Abdulwahab AlSayed

Derayah REIT Fund’s Non Executive Board Member

Abdulwahab earned a Bachelor degree in business administration from King Saud University (1996). - Chairman…

Mishaal AlKhudairy

Derayah REIT Fund’s Independent Board Member

Mishaal earned a Bachelor degree in finance from McGill University, Canada, 2009. - partner and…

Haitham Al Mubarak

Derayah REIT Fund’s Independent Board Member

Haitham earned a Bachelor degree in business administration from North Carolina University. - Businessman, worked…