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“Downtown Rakaz” is the first investment plan in the center of Al Khobar with 41 plots of land

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Rakaz Real Estate Company, the largest real estate developer in the Eastern Province, has completed its arrangements for the “Downtown Rakaz” project, in the central Khobar commercial area. With the aim of translating the qualitative demand in the tourism and retail investment sectors by developing a project that takes all the requirements of the current stage and the future growth of the Eastern Province.

Abdulmohsen bin Hassan Al-Qahtani, Vice Chairman of RIKAZ, said: In order to achieve the vision of RIKAZ to localize quality real estate projects that serve , The idea of the Downtown Rekaz project, which is located at the intersection of King Faisal bin Abdulaziz Road (Coastal Road) and Prince Faisal bin Fahd Road (Al-Babsi Street), which is considered one of the main entrances to Khobar, and the project, which includes 41 investment plots, is characterized by its proximity to all services and shops in addition to its location on the most important roads in the city of Khobar, in addition to its proximity to the Corniche of Khobar, and highlights the importance of the project that will be put for auction sale soon as it provides investment opportunities for investors from companies and individuals