«Aqarna Real Estate» announces, under the supervision of the «Enfa» Enforcement and Liquidation Center, and pursuant to a decision by the Enforcement Court and a ruling by the Personal Status Court, the holding of the «Al-Aarid» online auction via the Mubashir auction platform.
The auction will begin on Wednesday, April 1, 2026, at 9:00 a.m., and will end on Wednesday, April 8, 2026, between 5:00 p.m. and 5:30 p.m.
The auction features two real estate opportunities with exceptional sizes in one of the most vibrant neighborhoods in northern Riyadh:
The first property is «undeveloped land»: with a massive area of 230,550 square meters, located directly on Abu Bakr Al-Siddiq Road and Jabal Azid Street, and designated for residential use.
The second property is «fenced land»: with an area of 30,000 square meters, it features two frontages on King Fahd Road and Al-Olaya General Road, and includes chalets, a water park, ground-level annexes, and a mosque.
The properties offered in the «Al-Aared» auction are highly attractive to investors, given their location on major thoroughfares in the capital city of Riyadh, such as King Fahd Road, Abu Bakr Al-Siddiq Road, and Al-Olaya Road, which gives them added value and significant competitive advantages.
«Aqarna Real Estate» invites those interested in inquiring or participating to contact the company at the following numbers: 0537804447 – 0537804448
