Board of Directors

Chief Executive Officer (CEO)

Mr. Mazen Al‑Ghunaim

At Madain, we strive to shape an urban landscape that reflects the aspirations of the city and fulfills the needs of individuals by developing fully integrated urban projects that embody the ambitions of Riyadh. These projects respect the city’s identity and embrace both real estate and cultural solutions, offering high-quality urban services, modern structural engineering, and the latest real estate innovations. We aim to drive a sustainable and comprehensive transformation, drawing on our accumulated expertise in conscious urban development—aligned with the future of real estate and investment, and in harmony with the goals of Saudi Arabia’s Vision 2030.

"We aspire to create a qualitative shift in the future of real estate development and urban investment."

Chairman of the Board

Dr. Abdullah Abdulrahman Al‑Othaib

One of the prominent leadership figures in the real estate development sector in the Kingdom of Saudi Arabia, he possesses over twenty years of experience in real estate development, marketing, and brokerage. He comes from a distinguished family and is a founding partner of Na’adim Al-Asr Real Estate Company, where he played a pivotal role in establishing and executing numerous private real estate projects. The company currently owns over 500,000 square meters of property. Mr. Al-Dubaikhi also holds a fellowship from the Saudi Organization for Certified Public Accountants.

"We aim to achieve leadership by adopting a sustainable expansion approach based on a deep understanding of market demands and developments, while providing financing alternatives that comply with Islamic principles."

Member of the Board of Directors

Mr. Ismail bin Mohammed Al‑Dubaikhi

One of the prominent leadership figures in the real estate development sector, Mr. Ismail bin Mohammed Al-Dubaikhi brings over twenty years of experience in real estate development, marketing, and brokerage. He comes from a distinguished family and is a founding partner of Na’adim Al-Asr Real Estate Company, where he played a pivotal role in establishing and executing numerous private real estate projects. The company currently owns more than 500,000 square meters of developed land. Mr. Al-Dubaikhi holds membership in the Saudi Authority for Accredited Valuers (Taqeem) and is also a professional member of the Royal Institution of Chartered Surveyors (RICS), reflecting his high level of expertise and commitment to global standards. He has contributed to the founding of several real estate companies focused on advancing the sector from within and currently serves on the boards of five real estate investment funds in the Kingdom.

We entrust the real estate sector as a driver of three interconnected elements in the economy: creativity, innovation, and sustainability — through distinct concepts in its nature and objectives: development, marketing, and brokerage.

Member of the Board of Directors

Eng. Mishari bin Ali Al‑Sulaiman

Eng. Mishari bin Ali Al-Sulaiman, one of the founding partners of Na’adim Al-Asr Company, has over 15 years of experience in real estate construction. He has contributed his technical and managerial expertise to support the company’s growth and enhance its operational efficiency. He has also delivered numerous specialized and accredited training courses in the fields of real estate valuation, appraisal, financing, and mortgage, in collaboration with several government entities. He founded a number of organizations serving various aspects of the real estate market and currently holds an active role in the Saudi Association for Real Estate Sciences in the Kingdom of Saudi Arabia.

"We must focus on achieving specific goals such as quality of life, sustainability, innovation, and meeting the needs of the market and beneficiaries by selecting suitable locations, adopting innovative designs, using sustainable building materials, and managing projects efficiently."