Aqarna Real Estate Company, under the supervision of the Attribution and Liquidation Center «Enforcement», with a decision of the Execution Court and a ruling from the Personal Status Court, announces the holding of the "Bidder's Auction" through the Mubasher Auction platform.
The auction will start on Wednesday, April 1, 2026 at 9:00 AM and end on Wednesday, April 8, 2026, between 5:00 PM and 5:30 PM.
The auction offers two real estate opportunities of exceptional sizes in one of the most vibrant neighborhoods of North Riyadh:
The first property «Raw Land»: with a huge area of 230,550 square meters, located directly on Abu Bakr Al Siddiq Road and Jabal Azeed Street, is zoned for residential use.
The second property is a «walled land»: with an area of 30,000 square meters, with two facades on King Fahd Road and Al Olaya Highway, and includes chalets, a water play pool, ground annexes, and a mosque.
The properties offered in the «Al Arid» auction are an attractive destination for investors, as they are located on major axes in the capital Riyadh, such as King Fahd Road, Abu Bakr Al Siddiq Road and Olaya Road, which gives them added value and high competitive advantages.
Aqarna Real Estate invites those wishing to inquire and participate to contact the following numbers: 0537804447 - 0537804448
