The Yusr Al-Baraka Commercial Foundation «Dar Al-Muzadat Al-»Alamiya" has completed its preparations to offer a commercial and residential investment plot in the Al-Andalus neighborhood for sale at a public auction on Tuesday, June 8, 2021, at the Galleria Hotel on Tahlia Street.

The 5,725-square-meter plot is strategically located on the bustling Arafat Street, which connects Jeddah’s main thoroughfare, Al-Madinah Road, to the central Al-Andalus Street, The plot is located near government headquarters, such as the Emirate of Makkah, as well as major corporations like the headquarters of the giant Aramco, the Jeddah Corniche, and other vibrant commercial and entertainment districts. The land is considered suitable for developing a commercial center or a hotel, as the street is home to many distinctive commercial and administrative buildings.

The site is equipped with all utilities, including water, electricity, sewage, and fiber-optic internet. »Yusr Al-Baraka" has set forth a number of conditions for participating in the auction, including: The buyer must attend in person or be represented by a legal agent with a valid power of attorney, and must submit a check made out to Yuser Al-Baraka Trading Company in the amount of 500,000 riyals (five hundred thousand riyals) to bid on the property.

For inquiries: 0503012155 – 0541104402 – 0570837379