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Tuesday, August 4, 2026 · Riyadh
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Prime land opportunity at Al-Qutb auction in Riyadh’s most valuable district

Al-Muhafazat Real Estate, under Infath supervision, will hold the Al-Qutb auction online from August 18 to 25, 2026, offering a major investment opportunity.

Ajel News1 hour ago · 1 min read
Aerial view of prime land in Riyadh’s Al-Arid district

Key Takeaways

AI

Al-Muhafazat Real Estate Company, under the supervision of the Center for Orders and Liquidation (Infath), has announced the Al-Qutb auction, to be held online from Tuesday, August 18, 2026, until Tuesday, August 25, 2026, via the Mubasher Auctions platform, daily from 10:00 a.m. to 6:00 p.m.

The auction presents a unique investment opportunity for a prime site on King Salman Road, near the intersection with King Fahd Road. The offering includes a 33.333333% undivided share of a 2,948,490.94 sq m plot in Al-Arid district. This raw land is centrally located among the major arteries of northern Riyadh: King Salman Road, King Fahd Road, King Abdulaziz Road, and Prince Saud bin Jalawi Road, which runs through the property from east to west, with direct access to the First Train Station.

Part of the property falls within the area where non-Saudis are permitted to own real estate. The site is surrounded by landmark Riyadh projects and key infrastructure, including The Mukaab, New Murabba, North Pole, Diriyah Gate, King Salman Airport, Riyadh Expo 2030, King Salman Stadium, The Avenues complex, Anas bin Malik Road, and the King Abdullah Financial District (KAFD). This makes it an ideal investment destination for developing an integrated urban community that attracts major investors and leading development companies.

The auction is a rare opportunity for those seeking distinctive real estate investments. Al-Muhafazat Real Estate welcomes all inquiries at 0536422241 - 0536522241.

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