Opportunity Marsa Auction offers raw and commercial land in Jeddah

Tatimah Real Estate Company, under the supervision of the Support and Liquidation Center "Enfaz", is offering a group of raw and commercial lands with areas exceeding 1,100,000 square meters, through the Marsa Al Furs auction in Jeddah.

•First property: Raw land in Al-Ajawid neighborhood, with an area of 500,000 square meters and on three streets, in a rapidly growing residential area south of Jeddah, making it eligible for residential development or mixed-use projects.

•The second property : Raw land in Al Marsa district opposite the second industrial city, with an area of 587,737 square meters, in a strategic location that provides multiple development opportunities near one of the largest industrial clusters in the Kingdom.

•The third property : A commercial plot of land in Al-Mahjar neighborhood with an area of 18,995 square meters on four streets, in an active and vibrant area, representing a rare opportunity to establish direct commercial and investment projects.

This offering comes amidst Jeddah's rapid growth as a major waterfront, tourist, and commercial hub, as well as a key center for trade and logistics. Real estate indicators point to rising demand for land designated for development in the residential, commercial, and industrial sectors, which enhances the value of these properties.

The auction will take place on Tuesday, September 16, 2025, at 5:00 PM, at the Hilton Jeddah Corniche Hotel – Al Qasr Hall, with electronic participation available through the Saudi Auctions Platform.

Tatimah Real Estate Company confirmed that the "Marsa Al Fursah Auction" represents an exceptional opportunity for funds, developers, and investors seeking rare and promising locations in Jeddah, welcoming all interested parties via the following number:

0500004592.

To view the auction brochure:
https://drive.google.com/file/d/1M6P_MzkmlI1kmXmNsltvJQ2oO1FMA6OY/view?usp=drivesdk

Real Estate Continuation… Performance that makes a difference