Real Estate Project
Back to Case Studies

How Al Basateen Unified Property Sales, Leasing, and Finance on a Single Platform

A leading Saudi luxury real estate developer consolidated its entire property lifecycle inside one integrated NetSuite-native platform
Result
~60%
Reduction in manual processes across sales, lease billing, and financial operations
Situation
Starting from zero with no legacy ERP, active projects already underway, and investors, contractors, and sales cycles all moving simultaneously — ONE needed financial control and project cost governance operational immediately.
Solution
NetSuite ERP with the AzdanApps Project Costing module — covering general ledger, AR/AP, cash management, fixed assets, budgeting, BOQ management, contractor contracts, and real-time project cost visibility across all active developments.
Company
Al Basateen
Industry
Real Estate
Services
NetSuite ERP Implementation, Property Sales Management, Property Lease Management, Project Costing, ZATCA E-Invoicing

Al Basateen Real Estate is one of Saudi Arabia's leading luxury property developers — delivering large-scale residential, commercial, and mixed-use projects across Riyadh and Diriyah. A subsidiary of Alshegrey Group, the company was growing fast, with active investment funds exceeding SAR 2 billion and an expanding portfolio of off-plan sales and managed leases. But its operations hadn't kept pace with its ambition.

Growth Without Infrastructure

Sales, leasing, and project finance were all running in parallel — disconnected from each other and from a single financial system. Reservations and payment plans were tracked manually. Lease renewals had no automated visibility. Project costs were governed outside NetSuite, leaving leadership without accurate budget-versus-actual data across active developments.

On top of that, Saudi Arabia's ZATCA e-invoicing mandate was in effect — and the team had no native compliance mechanism in place. With a growing portfolio and regulatory exposure rising, Al Basateen needed one platform to run it all.

What We Did

Azdan implemented Oracle NetSuite ERP as the financial core, then layered three native AzdanApps modules built specifically for real estate operations:

  • Property Sales Management — full sales lifecycle from inventory and offers through reservations, SPAs, payment plans, PDC handling, and final handover.
  • Property Lease Management — centralized contract lifecycle management, automated billing schedules, renewal alerts, and AR in one place.
  • Project Costing — structured BOQ management, contractor contracts, progress payments, variation orders, and real-time cost exposure across every active development.

ZATCA e-invoicing compliance was enabled natively inside NetSuite — no middleware, no third-party tools, fully audit-ready from day one.

One Platform for a Growing Portfolio

Manual processes across sales, leasing, and finance dropped significantly. Teams that previously worked across disconnected systems now operate from a single source of truth — with real-time visibility into unit status, contract obligations, payment collections, and project costs.

For a developer scaling at the pace Vision 2030 demands, Al Basateen now has the operational infrastructure to match its portfolio.

Get Started

Ready to See NetSuite in Action?

Let's make NetSuite work for your business.
Mora Fahmy, Solutions Advisor at Azdan
Mora Fahmy
Solution Advisor, Azdan
Software or ERP professional working on a laptop in a casual modern workspace pod