Al-Oula Development, a leading Saudi real estate company, has completed preparations for a major real estate auction, described the largest in the world, involving sales of 1.2 million square meters of plots worth over SR1 billion.
The lands offered for sale, known as Al-Nakheel plots, are owned by Al-Oula Development in partnership with Aflad Development Company. According to Arab News, the plots are now ready to use for different purposes and could be developed as one of Jeddah’s outstanding landmarks.
