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Al-Aqaria announces lifting the suspension on its commercial land north of Riyadh

Al-Aqaria announces lifting the suspension on its commercial land north of Riyadh

The Saudi Real Estate Company has announced the lifting of the suspension on a commercial land plot north of Riyadh, covering an area of 30,000 square meters. Located within a vibrant area between King Fahd Road and Al Olaya Street, this allows for its utilization and development for investment purposes. Regulatory restrictions had previously prevented its use, but now the land is available for development. The book value of the land is estimated at 98.4 million riyals, with studies currently underway to determine its best uses to achieve long-term returns.

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