Dar Al-Qiyas Auction House that it is organizingthe Durrat Qurtuba Auction , which offers a unique opportunity to purchase undeveloped land in the Qurtuba neighborhood in northeast Riyadh, with a total area of 66,756.01 square meters, on the afternoon of Tuesday, February 1, 2022, corresponding to 29/6/1443.

The land being offered is distinguished by its location among the premier investment and residential areas, thanks to its strategic location near public universities and private colleges, such as Princess Noura bint Abdulrahman University, Imam Muhammad bin Saud Islamic University, the Dar Al-Ulum Educational Complex, and the Saudi Electronic University.

Dar Al-Qiyas confirmed that the Durrat Qurtuba auction derives its significance from the unique characteristics of the raw land. Investment experts point to the numerous opportunities to subdivide the land into plots suitable for high-quality investments that align with the area’s economic value, especially given its proximity to King Khalid Airport and the Northern Railway (SAR), as well as its central location among a number of vibrant commercial complexes such as Alika, Park Avenue, and Riyadh Front, in addition to the Sidra residential project being developed by Roshen Real Estate.

On this occasion, the company invited businesspeople and interested parties to participate in the auction and seize this opportunity, which will help shape the region’s economic and commercial future, The company anticipates fierce competition among investors to secure the land in Durra Qurtuba.

“Dar Al-Qiyas” has set several conditions for entering the auction, including issuing a check made out to ”Dar Al-Qiyas Auctions” in the amount of one million riyals and delivering it to the sales agent before the auction begins.