The Developer

We are Ithmaar Development Company, or more often known as IDC. Recognized as one of the Middle East’s most progressive and innovative real estate development partners, IDC is a wholly owned subsidiary of Ithmaar Bank BSC and a part of Ithmaar Group.

We are rapidly establishing a strong track record of developing world-class projects and achieving our established milestones along the way.

As a solid enterprise, we aim to reward the society by creating, sharing and winning together. As a dynamic management, we aim to create value through our projects and magnify success by innovating.

Our development activities include conceiving, managing and executing large development projects in the real estate, infrastructure, resort, health, hospitality and commercial sector. Beyond this, we manage property, offer facility management and provide real estate technical and investment consultancy services.

Power of Processes

Our belief is that by working closely with strategic investors to conceive, plan, structure and launch our projects, everyone benefits. The processes we follow involve complex technical and engineering studies, commercial and legal activities covering financial viability (including investor returns and capital structuring), feasibility studies and company formation. Our development management skills cover the entire spectrum of real estate and infrastructure industries including:

• Identification of projects
• Master planning and architectural studies
• Conceiving, planning, structuring and rolling out projects
• Technical and engineering analysis
• Commercial, operational and financial due diligence and structuring
• Company formation, project launch and marketing services