Wakeelik Real Estate Auctioned Dawas Market on Sunday, February 2 in Makkah    

Posted in

Amlak- Private: Wakeelik Real Estate Company, specialized in organizing auctions and real estate valuation, has invited businessmen, investors and real estate development companies to attend the public auction organized by the company to sell the Dawas Market in Makkah after the afternoon prayer on Sunday 8/6/1441 AH corresponding to February 2, 2020, at the Drenf Hotel next to the “former” General Court in Kadi on the third ring road, and this comes after the Execution Court issued a ruling to sell the property located on Hajj Street, the market, which has an area of 14638 square meters, contains 142 commercial galleries.

On this occasion, Khaled Al-Khatabi, CEO of Wakeelik Real Estate, expressed his happiness to offer “Dawas Market” in the auction for businessmen to take advantage of the strategic and important locations in the center of the holy capital, as it is 6 km away from the Makkah Mosque and 8 km away from the holy sites, and close to the third ring road, Al-Khatabi added that the area is considered one of the distinctive locations for attractive real estate construction due to its link between many important streets and roads, and the public auction presents major investment opportunities in the western region of Makkah, where the vital location is suitable for establishing the father

Wakilak Real Estate Company advised all those wishing to enter the public auction to bring a certified check for 5 million riyals, and the emptying will be done according to the provisions of the execution system.

All those wishing to enter the public auction must bring a certified check for 5 million riyals.

Points about the auction of Dawas Market in Makkah

  • The auction of Makkah's Dawas Market after the Execution Court ruling.
  • The market contains 142 commercial galleries.
  • The market contains 142 commercial galleries.
  • The total area is 14638 square meters.
  • It is 5 kilometers away from the Makkah Mosque.
  • About 5 kilometers from the holy sites, and close to the third ring road.
  • About 5 kilometers from the holy sites.
  • Asr prayer from Sunday 8/6/1441 AH corresponding to February 2, 2020 AD
  • Location: Drnef Hotel next to the "former" General Court.
  • The vibrant location is suitable for hotel towers, galleries and shops.
  • All those wishing to enter the auction must bring a certified check for 3.5 million riyals.
  • Emptying in accordance with the provisions of the execution system.