The Real Estate Contributions Committee at the Ministry of Commerce and Investment decided to hold three public auctions to address some stalled contributions and schemes, where the Jewel of Al-Ahsa land contribution will be auctioned on 23 Dhu Al-Hijjah, corresponding to 24/09/2016, and the land is located on Gulf Road opposite King Faisal University, with an area of 2000,000 square meters of undeveloped raw land, entering the first and second phase housing range.

The committee decided to hold three public auctions to address some of the stalled contributions and schemes.

The committee required to enter the auction, to attend in person or through a legal agent, and present a certified check in the name of the Real Estate Contributions Committee in the amount of one million riyals, and the amount is considered a non-refundable advance part of the price for the winner of the auction, and the buyer is obligated to pay the remaining amount within 15 days from the date of the auction.The second sale auction contains 30 plots of land in the Cordoba plan in Al-Madhanib governorate on the second of Muharram 1438 AH, and those wishing to enter the auction must submit a certified check for 50 thousand riyals in the name of the Real Estate Contribution Committee.

.

The committee also decided to offer the rest of the Shalala plan in Riyadh, on the 16th of Muharram 1438 AH corresponding to 17/10/2016 AD at Al-Faisal Palace on the southern ring, by public auction, and the committee stipulated that to bid on the 29 lands, a certified check for (50,000) riyals in the name of the Real Estate Contributions Committee.