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Umm Al-Qura Signs Land Sale Deals
Al Qorai Development and Construction Company "Masar" announced the signing of two land sale agreements at Masar Destination in Mecca, with a total value of approximately 310.44 million Riyals. The combined area of the two plots is about 4,947 square meters, and they are located directly along the main pedestrian walkway, "The Boulevard." Abdulmohsen Al Rasis and Sons Group will develop two residential towers on these lands, contributing to an increase in housing options at the destination. The company will utilize the proceeds from the sales to fund its operations and support existing projects. It also confirmed that the deal is free of related-party relationships.
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