6 Hrs
Source:
الاقتصادية
Riyadh plans to sell 4.5M sqm at 135 riyals per sqm
The "Jewel of the Capital" auction in Riyadh presents a real estate investment opportunity involving a large residential land plot spanning 4.59 million square meters, located on Khurais Road near Dammam Road. The online auction will commence on October 25, 2026, and run until November 1, 2026. The starting price is set at 134.4 SAR per square meter, totaling approximately 617 million SAR; please note that the initial bid does not reflect the final or market value of the property. The site is considered strategically located amidst Riyadh’s ongoing urban and economic expansion. The auction offers investors an opportunity to review detailed information about the property and its regulatory uses before making any decisions.
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