Riyadh plans to sell 4.5M sq.m at 135 riyals per meter

The "Jewel of the Capital" auction in Riyadh presents an investment opportunity to purchase a residential land plot spanning 4.59 million square meters. The starting bid is 135 SAR per square meter, with the auction beginning on October 25, 2026, and running until November 1, 2026, through "Enfaz Auctions." The land is located on Khurais Road near Dammam Road and holds significant investment potential due to its prime location within Riyadh's urban and economic expansions. The auction aims to attract investors to a strategic site that connects major roads, with a reminder to verify regulatory land uses before making a purchase.

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