With a total area of approximately 1.5 million square meters, the public auction of the Al Qasr Neighborhood Plan project will take place tomorrow, Tuesday, May 17, at Al Seef Hall on Al Khobar Corniche following the afternoon prayer. Real estate investors in the Kingdom in general, and the Eastern Province in particular, are looking forward to this auction due to the advantages of the new plan, especially that it is located in the heart of the waterfront of the city of Khobar, and it is expected that a large demand from developers and investors wishing to obtain vital sites suitable for many quality economic projects.
The auction of the Al Qasr Neighborhood Plan will be held on Tuesday, May 17, at Al Seef Hall on the Corniche of Al Khobar following the afternoon prayer.
The master plan was designed using the latest and finest international engineering standards, taking into account the achievement of complete privacy and ensuring a wide variety of uses from investment and residential towers, multi-storey buildings, private residential areas for palaces and luxury villas, as well as the Boulevard, the distinctive feature of the plan, which is located in the heart of the palm scheme and is the main artery and link between all elements of the project.
The master plan was designed using the latest and finest international engineering standards.
The scheme is owned by a large real estate consortium that includes Ajlan & Brothers Group, Majd Real Estate Company, Al Abdulrahman for Development and Development "Qassim Office", Al Wabel Real Estate Company, in addition to Rashid Abdulrahman Al Rashed & Sons "Real Estate Division" - the developer of the project - and manages its marketing jointly with both the Qassim Office and Al Wabel Real Estate Company..
The infrastructure of the project was developed and implemented in an integrated manner, according to the highest and latest international specifications to be a strategic and typical neighborhood within the city of Khobar, where the palace plan is one of the latest and unique high-end plans with diverse investment and residential use and its location on a quiet area by the sea is also suitable for the nature of luxury residential use and the love of calm and the charm and beauty of the sea.
The palace plan is considered one of the latest high-end plans with diverse investment and residential use.
The streets of the plan are characterized by smoothness and breadth, and are equipped with an integrated network of typical internal roads, modern sidewalks, integrated infrastructure, in addition to public services and facilities, mosques, parks and schools to meet the owners of good taste and the dreamy elite.
The streets of the plan are characterized by fluidity and breadth.








