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Market reports, investment analysis, and expert commentary from the Adeer Real Estate research team.
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Amid a strong turnout, Adeer's Al Aalia auction tops half a billion riyals in 60 minutes
Adeer Real Estate, a leader in real estate marketing in the Kingdom, closed major transactions in the capital at the public auction it held for the land plots of the Al Aalia project (Zone 5). Every plot in the project was sold, for a total of SAR 514,707,379 (including the real estate transaction tax and brokerage commission).
Adeer closes an exceptional year with more than SAR 214 million at the Teejan Dammam auction
Adeer closed 2023 with an exceptional auction held on Wednesday 27 December at the Al Maha Hall of the Kempinski Al Othman Hotel in Khobar, where the Teejan Dammam model land sold for SAR 214,366,287.38 (including the real estate transaction tax and brokerage fee).
Adeer closes an exceptional year with more than SAR 214 million at the Teejan Al Dammam auction
Adeer Real Estate closed out 2023 with an auction held on Wednesday 27 December at Al Maha Hall, Kempinski Al Othman Hotel in Khobar, where the Teejan Al Dammam site sold for SAR 214,366,287.38, inclusive of the real estate transaction tax and brokerage commission.
Adeer sells the Nasayem Jeddah land for more than SAR 650 million
Adeer Real Estate has extended its run of successful auctions with the sale of the land at Nasayem Jeddah, the flagship of north Jeddah's projects, for SAR 650,091,517 including brokerage commission and the real estate transaction tax. The public auction was held on Wednesday 20 September 2023 at the Hilton conference and events hall in Jeddah.
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