On Tuesday, the Real Estate Contributions Committee at the Ministry of Commerce completed the sale of the remaining units in the Al-Safwa project in Riyadh for more than 400 million riyals, as part of the ministry’s plans to sell distressed real estate contributions.
The Al-Safwa development is located east of Riyadh, specifically along the New Eastern Ring Road between Khurais Road and Saad bin Abdulrahman Road (Exit 15), with a net area estimated at approximately 219,000 square meters.
