Al Wabel finalizes the sale of the Al Munsiyah scheme in East Riyadh with total sales of SAR 410 million

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Sale prices for residential plots in the Al-Munsiyah scheme No. 3255 / North of Al-Fahs exit, which was sold in an auction on Monday the day before yesterday between 1500 riyals to 1600 riyals per meter, while the sale price of the commercial sector was between two thousand riyals to 3500 riyals per meter, and the total sales of the scheme amounted to about 410 million riyals.

The total sales of the scheme. Al Wabel Real Estate Company said that it completed the auction, which was attended by businessmen, real estate investors and individuals wishing to buy and invest, and was able to sell most of the pieces of the plan with the participation of Hisham Al Faryan Real Estate Company.

The plan, which has an area of more than 400 thousand m2, is characterized by the availability of all government services such as electricity, water, lighting, asphalt, and the availability of all government educational and medical facilities and mosques, and the plan is unique in its privileged location as it is located on high ground in the middle of the new neighborhoods and is connected to a number of large highways such as Al Takhassusi Road in the north, Dammam Road in the south, and Al Thumama Road in the east.

Hamad Bin Saleh Saleh Al Wabel Real Estate has completed the auction attended by businessmen, real estate investors and individuals. Hamad bin Saleh Al Wabel, Chairman of Al Wabel Real Estate Company, expressed his great satisfaction with the sales of the plan and the size of the turnout, which reflects the continued investment demand, especially by developers in the residential and commercial sectors, due to the location of the plan in the middle of residential neighborhoods and the features that characterize it.