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Market reports, investment analysis, and expert commentary from the Adeer Real Estate research team.
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Adeer closes an exceptional year with the ~SAR 1 billion Sharafat Al-Haram auction
The Sharafat Al-Haram auction closed with the sale of a commercial-residential plot for SAR 979.7 million, at a rate of SAR 130,000 per square metre.
Adeer sells the Razon Al-Musk hotel towers in Makkah for nearly SAR 600 million
Adeer has added a new achievement to its record with the sale of the Razon Al Musk hotel towers in Makkah for a total of SAR 593,312,500, at the public auction the company held on Wednesday 22 October 2025 at the Laylaty Hall in Jeddah, before a notable turnout of investors and figures from the hospitality and real estate sectors.
Adeer books more than SAR 700 million in sales at the Oasis Jeddah auction in fourteen minutes
Adeer announced the success of the Oasis Jeddah auction, held on Wednesday 17 September 2025 at the Jeddah Marriott Hotel. A large turnout of investors and business figures drove the sale of the investment opportunity on offer and total sales of SAR 707,253,170.
Adeer sells Jawza Riyadh in a hybrid auction for nearly SAR 2 billion
Adeer Real Estate closed a hybrid public auction for the Jawza Riyadh land on Wednesday 27 August 2025, held in person at Al Fareedah Hall in Riyadh and online through the SoumTech auction platform, under the supervision of the Entrustment and Liquidation Center (Enfath) and by order of the Execution Court.
Adeer's Kenda auction in Makkah closes above SAR 150 million
Adeer Real Estate has announced the successful marketing and management of the hybrid Kenda auction, held under the supervision of the Entrustment and Liquidation Center (Enfath) on Wednesday 6 August 2025 at Makkah Grand Hall in the Al Naseem district.
Adeer sells every opportunity offered at the Aryam Riyadh auction
Adeer Real Estate, a leader in the Kingdom's real estate marketing sector, marketed the hybrid Aryam Riyadh auction on Tuesday 17 June 2025, held in person at Al Takhassusi Hall in Riyadh and online through the Sumtec auction platform. The auction was held under the supervision of the Support and Liquidation Center (Enfath) and pursuant to a ruling of the Execution Court and the Personal Status Court.
Adeer tops half a billion riyals at the Al Mashriq auction in Khobar in 50 minutes
Adeer Real Estate recorded a notable success at the public auction it held for the land plots of the Al Mashriq development in Khobar on Wednesday 12 March 2025 at the Grand Hyatt hotel in Khobar. All 117 plots offered, covering 247,000 m², were sold within 50 minutes for a total of SAR 618,537,540.51 (including the real estate transaction tax and brokerage commission).
Adeer sells out the Sahab masterplan in Dammam for more than SAR 348 million
The auction of the Sahab model masterplan in Dammam, held by Adeer on Wednesday 15 January 2025 at the Sheraton Dammam Hotel, drew a large turnout of investors and business figures. All 576 commercial and residential plots on offer, spanning more than 281,000 square metres, sold for a total of SAR 348,976,812 (including the real estate transaction tax and brokerage fee).
Adeer sells the Khamael agricultural land for close to half a billion riyals
Adeer Real Estate, a leader in property marketing in the Kingdom, sold the Khamael agricultural land at auction on Wednesday 18 December for a total of SAR 461,000,000, under the supervision of the Entrustment and Liquidation Center (Enfath) and pursuant to a judgment of the Personal Status Court.
Adeer records SAR 356 million in sales at the Teejan Corniche auction in Khobar
The Teejan Corniche auction, held by Adeer at the Al Maha Hall of the Kempinski Al Othman Hotel in Khobar on 30 October 2024, closed with total sales of SAR 356,920,697.43 (including the real estate transaction tax and brokerage fee).
Almas: an exceptional Adeer auction in Khobar delivers sales close to SAR 700 million
Adeer Real Estate, a leader in the Kingdom's real estate marketing sector, recorded an outstanding result at the public auction it held at the Grand Hyatt Khobar on Monday 30 September 2024 for the sale of the Almas properties, with sales reaching SAR 698,432,149.43 (including the real estate transaction tax and brokerage commission).
Adeer's La Perla auction reaches close to SAR 400 million in 15 minutes
Adeer Real Estate, a leader in property marketing in the Kingdom, sold a single investment site extending over 180,000 square meters at its La Perla auction, held on Monday 9 September 2024 at Al Maha Hall, Kempinski Al Othman Hotel in Khobar, before a large turnout of leading businessmen and property investors. The site sold for a total of SAR 388,350,000, inclusive of the real estate transaction tax and brokerage commission, confirming Khobar's standing as a destination for real estate investment.
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