Al-Tharwa Real Estate has completed preparations to offer 43 plots of land in the Al-Louloua development in Riyadh, with a total area exceeding 32,000 square meters in a public auction, in collaboration with the Real Estate Contributions Committee “Tasfiya.”

Al-Tharwa Real Estate confirmed that the development is one of the best in the Qurtuba neighborhood east of Riyadh, distinguished by its strategic location and connectivity to a number of major roads, such as Prince Mohammed bin Salman Road, Al-Thumama Road, the Northern and Eastern Ring Roads, and Saeed bin Zaid Road—an extension of Khalid bin Al-Waleed Road. The development’s significance is further enhanced by its proximity to prestigious educational institutions such as Imam Muhammad bin Saud Islamic University, and Princess Noura bint Abdulrahman University, in addition to its proximity to King Khalid International Airport and shopping centers (Park Avenue, Granada Mall, and Atyaf Mall).

The company explained that the project’s future lies in enhancing Riyadh’s economic, entertainment, sports, and medical landscapes, making it a key option for those seeking housing and investment opportunities. Riyadh, in particular, is a city of great interest to His Royal Highness Crown Prince Mohammed bin Salman —may God protect him—who has described it as one of the pillars of the country’s economic growth. Riyadh is poised to become one of the world’s ten largest economies and one of the most distinguished cities in terms of tourism and the quality of services provided.