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Home » News » Witness: The sale of a land in a public auction for more than one billion and four hundred thousand riyals in Al-Khobar .. and the disclosure of the name of the buyer and its area

Witness: The sale of a land in a public auction for more than one billion and four hundred thousand riyals in Al-Khobar .. and the disclosure of the name of the buyer and its area

by Ethan Caldwell

Al-Marsad Newspaper: Businessman Hassan Al-Abdul-Rahman Al-Qahtani bought, at a public auction, Rua’a land in Al-Khobar, with an area of ​​4 million square meters, at a price of one billion and 400 million riyals.

A video clip documented the moment the auction was awarded to the businessman at an amount of one billion and 400 million riyals, while those present congratulated the buyer, wishing him success.

The auction was held today, Tuesday, January 17, 2023, at the Grand Hyatt Hotel in Al-Khobar, for the sale of the “Roa’a” land, which is distinguished by its strategic location in the Aziziyah area, south of the city.

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