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Municipal properties are leased through public competition, direct leasing, or open public bidding, in accordance with the Municipal Properties Disposal Regulation issued under Royal Decree No. 40152, dated 29/6/1441 H, and the associated instructions, guidelines, and directives.

Municipalities invest their properties to utilize and operate municipal real estate, preserve and develop these assets, and benefit from their financial returns in providing and enhancing municipal services. This also aims to open new investment avenues, promote urban development, provide strategic and developmental investment opportunities for the region, and foster active partnerships with the private sector in municipal investments, while removing obstacles to attract investors seeking the most viable and economically beneficial opportunities from within and outside the region.

Municipal properties eligible for investment include land, buildings, streets, roads, parks, public squares, properties designated for public facilities or services, surplus grant areas, surplus planning areas, coastal beaches, and any other properties owned by the municipality or in which the municipality holds usufruct rights.

Offering entities launch investment opportunities in activities that align with the interests of various investor segments. These opportunities vary in type, size, and scope, providing a wide range of options for different investment preferences.

 Al Madinah Region Municipality, in cooperation with the Ministry of Municipalities and Housing and the National Center for Privatization, has announced the launch of the Expression of Interest and Qualifications Submission phase for two joint investment projects to develop the Railway Area lands and Dhul Hulayfah District in Al Madinah Al-Munawwarah. These projects come within the Municipality's efforts to enhance public–private partnership, with the aim of developing the lands owned by the Municipality and transforming them into mixed-use commercial projects.

The Ministry of Municipalities and Housing, in cooperation with the National Center for Privatization, announced today, Monday, the conclusion of the Expression of Interest phase for the Municipal Laboratories Management Privatization project in five municipalities in the Kingdom: Al-Jouf Region, the Eastern Region, Northern Borders Region, Qassim Region, and Jeddah Governorate. The project aims to enhance public–private partnership with the goal of raising the efficiency and quality of municipal laboratory services in the Kingdom.

Investment Sites of Shmayl Development and Investment Company
Investment Site (Mashar 2)
Mixed-Use Tourism and Recreational Park
A site distinguished by stunning mountain views and attractive desert landscapes, making it suitable for tourism projects targeting visitors seeking exceptional experiences.
Site area: 53,851 square meters
Most notable neighboring landmarks: Hail Tower, the park, Al Maghwa Roundabout, Al Maghwa Events Center, Mashar Investment Master Plan.