The beginnings of what we witness today of the Almajdiah Residence projects were in 1969, individually by Sheikh Abdulrahman bin Nasser Al Majid, may Allah grant him mercy. As he worked partly in the field of real estate and the construction of residential and commercial buildings in the city of Riyadh, his business was simple at that stage. Then it developed with the boom that occurred in Saudi Arabia during the reign of King Khalid, and the beginning of the reign of King Fahd, may Allah grant them mercy.