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Adeer Company Sells Kunoz Al-Dhahran Land at More than SAR700 Mln

Adeer Company Sells Kunoz Al-Dhahran Land at More than SAR700 Mln

Thursday, 2 June, 2022 - 09:15

Saudi Arabia’s Adeer Real Estate Company announced selling Kunoz al-Dhahran land in a record time for SAR724,148,976 during the public auction it organized at the Grand Hayat Hotel in Khobar on Monday, to be added to its successful auctions this year.


CEO of Adeer Mutab Al Saad expressed joy with the auction’s great success.


He extended his appreciation to all the attendees, including developers, investors and businessmen who were keen to participate in this auction and competed to win the unique land that enjoys incomparable investment advantages.


Al Saad said that the auction’s success came as a result of solid foundations and rules, citing the detailed planning of the extensive marketing and advertising campaign the company launched, as well as the preparations that were carried out in accordance with the highest quality standards.


The event was well organized and managed with high professionalism, he affirmed, which reflects the Company’s extensive experience in real estate marketing for the Kingdom’s largest and most important projects.


Mutab pointed out that the Company always seeks to provide key real estate opportunities, which are characterized by their vital locations and components, to meet the investors’ needs.


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