Rekaz Real Estate Company announced that it has put Dana Al-Khobar Project for sale in a public auction on Wednesday, November 10, 2021, under the supervision of the Real Estate Contributions Committee "Tafsirah", and the company has set Sunday, November 7, 2021 AD as the deadline for registration in the auction, provided that a certified check in the name of the Real Estate Contributions Committee for an amount of one million riyals, and delivered to “Rekaz Real Estate” office in Al-Khobar before the deadline for registration.

Dana Al-Khobar

Dana Al Khobar is characterized by With its unique strategic location on King Fahd bin Abdulaziz Road with a length of 450 m, close to the bridge leading to the Kingdom of Bahrain, which makes it a link between Al Khobar Corniche, Al Aziziyah Beach and Half Moon Beach, and an ideal place to establish residential or commercial residential projects to meet the increasing growth of the region's population and the high demand for residential projects, due to its proximity to the main entertainment places in the city, and its proximity to a number of plans, residential neighborhoods, tourism projects and commercial markets, most importantly Al Shubaily Mall (Grand Mall), making “Dana Al Khobar” which extends over a total area of 93,633.71 square meters; a great opportunity for investors and real estate developers to create residential, commercial, tourism and entertainment real estate products that meet the needs of contemporary societies and keep pace with the Kingdom's vision 2030.

Dana Al Khobar is an important qualitative addition to the promising real estate projects in the Eastern Province, as it possesses a number of elements that made it an exceptional opportunity for business development and an attractive destination for real estate investment in the Khobar region, one of the most developed and expanding areas with a growing population density due to the availability of most basic facilities and services that enhance the quality of life in addition to the ease of access to the region from various cities in the Eastern Province thanks to the presence of a developed network of main and secondary roads that form a main artery of the region that increases its value and investment importance.

Dana Al Khobar is an important qualitative addition to the promising real estate projects in the Eastern Province.