Itqan Real Estate completes arrangements to sell 4 properties in Riyadh
Itqan Real Estate Company announced the completion of all arrangements to launch the public auction “Al Aali”, which it is implementing to sell 4 real estate opportunities in Riyadh, ranging from buildings and mixed-use land, on Sunday 29 Dhul Qa'dah corresponding to June 18, 2023, at 4:30 pm at the JW Marriott Hall in Rafal Tower, and the auction will be broadcast through Al Dal platform for real estate auctions.
In the details, Itqan Real Estate Company announced that it has completed all arrangements to launch the auction “Al Aali”, which it is implementing to sell 4 real estate opportunities in Riyadh, ranging from buildings to land.
In details, Itqan Real Estate explained that the four investment opportunities are Al Araija building, a gas station, Al Zahra building and Gouna Al Takhaswi land, which are distributed in their geographical locations in the most important neighborhoods promising to acquire the expansion and urban expansion in the capital.
Itqan Real Estate indicated that the offered properties are: The Western Ring Gas Station, which is located within a vital area full of commercial traffic and on a total area of 4,125 square meters full of services, and the second property is Al Zahra residential commercial buildings in the west of the capital on 8 pieces and is located on an area estimated at 4.080 square meters on a densely populated site and provided logistical services, and the third property is the residential commercial building of Al Araija, which has an area of 2,566.27 square meters with a direct view of Medina Street, one of the most important traffic centers in Riyadh, and contains a showroom and residential apartments ready to reap financial returns.
The second property is the Al Zahra residential commercial building in the west of the capital on 8 pieces. Among the properties offered in the “Al Aali” auction is the land of Jonah Specialty, a commercial land with a total area of 30,557.24 square meters in Riyadh's Al Muwaniyah neighborhood, which constitutes an investment tributary with its distinctive location in the east of the capital, the path of the capital's population expansion and a headquarters for government, service and commercial facilities.
One of the properties offered in the “Al Aali” auction is the land of Jonah Specialty, a commercial land with a total area of 30,557.24 square meters.
Itqan Real Estate pointed out that what distinguishes the real estate in the Riyadh region is the great growth and steady acceleration in the demand for ownership in Riyadh, the focus of political decision-making in the world's largest oil country and the political and economic engine in light of the objectives of the ambitious vision led by His Highness the Crown Prince, which made the Kingdom and its capital, Riyadh, the focus of all eyes.
The real estate market in Riyadh is witnessing great growth and steady acceleration in the demand for ownership in Riyadh. She referred to the various aspects of investment, development and real estate marketing in general, where services are expanding in quantity and quality to consider the place, which, in light of the objectives of the Kingdom's Vision 2030, is witnessing a great leap in tourism and development projects that the wise leadership pays attention to with the great openness in tourism and visit visas and the increase in the number of pilgrims and visitors.
Riyadh's capital, Riyadh, is the center of attention.
Itqan Real Estate called on developers, investors and citizens wishing to buy and bid in “Al-Aali Real Estate” to apply all the conditions listed in the company's official accounts before the start of the in-person auction date; you can also communicate and inquire with the company through the website, or by contacting customer service at “920001019”, or via mobile “0539962000” or mobile ”0500106030“, asking God to all success.
Wishing everyone success.
Selling 4 properties in Riyadh








