Mohammad Albuty brings over 26 years of extensive and diverse experience to Saudi Arabia’s real estate sector, where he stands as a prominent industry leader. His career has been defined by influential leadership roles, including serving as an advisor to the Minister of Municipal and Rural Affairs and Housing, and currently as CEO of the National Housing Company (NHC).
Mr. Albuty began his professional journey in the IT sector, serving as Director of the Information Technology Department at the Ministry of Defense. He later took on the role of General Supervisor for the “Ejar” platform, further showcasing his multidisciplinary expertise.
Under his leadership, NHC has launched an impressive portfolio of 39 large-scale projects across 17 cities in the Kingdom. These developments collectively accommodate more than one million residents and span 284 million square meters, with 111 million square meters dedicated to quality-of-life features that enhance community living.
Founded in 2016 by royal decree, NHC functions as the investment arm of the Ministry of Municipal and Rural Affairs and Housing, and since 2020, has emerged as a pivotal enabler of high-impact housing development across the nation. Albuty’s leadership has been marked by a compelling mix of innovation and scale: in the first half of 2024 alone, NHC recorded SAR 13 billion (~$3.47 billion) in sales and completed 130 development projects.
NHC is on track to deliver 300,000 homes by 2025 and 600,000 by 2030, reinforcing Saudi Arabia’s Vision 2030 goal of a 70% homeownership rate. In parallel, Albuty’s commitment to affordability means NHC is offering new units up to 20% below market rate, tackling demand with both scale and care.
Under Albuty’s stewardship, NHC isn’t just building homes—it’s building communities. Aligned with Vision 2030, the company prioritizes walkability, green public spaces, and sustainable infrastructure, ensuring that each development contributes to both economic and social prosperity.
