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1.3 billion riyals sales of 8 auctions in East within two months

1.3 billion riyals sales of 8 auctions in East within two months

Al sharqiya during the last two months has been witnessed launching 8 real estate schemes in auctions, all in the city of Dammam, and they were completely sold out with a total value of about 1.3 billion riyals.

Today, Ajlan Brothers group, Wateed ,Massader and Ammar real estate companies are launching the ninth scheme “Altaawn scheme” which located in Al-khobar city in anauction held in Al-seef hall.

Abdul Hadi bin Fahad Al Qahtany,the cief executive,of Ammar real estate,the partner and the Director of the scheme said that Al-Taawn scheme is the flagship of Ammar real estate company projects and he has shown that the alliance between Ajlan Brothers group, Wateed ,Massader and Ammar real estate companies is a strategic partnership ,aiming to mobilize efforts ,competencies, capacity and expertise to provide unique product.

He praised the significant investment opportunities in the scheme, created by many factors, the most important one its unique location, in addition to its proximity to the central services in the region and its proximity to the gate of Bahrain and the King Fahd Causeway.

Qahtany said that the neighboring schemes to Al-Taawn Scheme experiencing a high demand on residential land of multiple segments of society, stressing the effectiveness of investment in Altaawn scheme ,it includes commercial land that allows for the construction of eight multiple floors, and lies on the international highway to the Gulf Cooperation Council; which gives it a unique competitive advantage.

And he stated that Al-taawn Scheme is located in Al- Khobar over by the Gulf Cooperation Council” the Gateway of Gulf nations to Bahrain kingdom”, and aligns directly by International Cooperation Council road and the ramifications of service street connect it with scheme, also the scheme is connected by arterial network of the main roads , some vital areas and the University And the University of Prince Mohammed bin Fahd, which lies along the road adjacent to the scheme, there are also the Gulf coast , diverse parks, and a government hospital will be established.

The total plot of ​​scheme is 286 thousand square meters, spread over 244 a variety of versatile residential and commercial plots; the commercial plots are located on the road of International Cooperation council; as a unique investment location. Its ranging from 1800 to 2600 square meters, and unauthorized construction of eight multiple floors of commercial plots included ripe for various commercial exhibit and residential plots designed of eight main models. As it Provide residents with choices between building independent villas or two dependant villas and other adherent and sizes ranging between 600 and 1100 square meters with the provision of multiple spaces to meet the diverse demands on residential plots.

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