Real Estate Auction - The real estate auction organized by Al-Fazer Real Estate Foundation, through the electronic platform, recently achieved great success and interaction that confirmed the desire of investors to buy and benefit from the offered opportunities, and the prices revealed the positivity of the real estate market.

Real Estate Auction

On this occasion, Mr. Fayez Mohammed Al Matrafi explained that the e-auction was organized based on the decision of the Execution Court - Ninth Circuit - to sell a group of properties located in Al Rusaifa plan, Al Aziziyah neighborhood, Batha Quraish neighborhood, Al Awali neighborhood, and two properties in Jaarana, achieved its objectives and reflected primarily the confidence of investors in the real estate market.

Matrafi congratulated all those who were successful in buying, thanked all those who participated in the auction, promised to announce other auctions in the Holy Capital, and insisted on their commitment to health instructions and precautions.

Matrafi congratulated all those who were successful in buying.

Matrafi explained that what distinguishes the site that was offered is its proximity to the Grand Mosque, the new King Abdulaziz Road, the main train station in Mecca, and the road axes that connect Mecca with the rest of the cities; which gives the offered pieces an added importance and advantage.