Madak

Active

Madak app: fractional ownership of income-generating Saudi real estate

Riyadh, Saudi Arabia

FintechPropTech

Seed

Madak lets retail investors buy fractional shares in curated income-generating properties from SAR 500 (about $133), with monthly rental payouts and the option to sell shares. It works within the Real Estate General Authority's sandbox and has a partnership with the Real Estate Registry. In March 2026 it issued ownership deeds for an SAR 8.03 million (about $2.14 million) office property in Qurtuba, Riyadh.

Founders

Hussain Hameed Aldeen

Co-Founder & CEO

Abdulaziz Ghazi Alardi

Co-Founder & Chief Commercial Officer

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