136 million riyals sales of Diar industrial scheme in Dammam and profits 57%
Ghassan Al-Nimer Group for Real Estate Investments announced the sale of the Al-Diyar industrial scheme in Dammam during a public auction held recently at the scheme site, with a total value of 136 million riyals, with yields of approximately 57 percent. Eng. Abdulaziz bin Abdul-Wahab Bu-Hulaiga, General Manager of Ghassan Real Estate Investments Group, said that the scheme was completely sold out within a short period, although the auction started on the individual plots in response to the desire of the attendees, adding that the auction witnessed the presence of a large number of real estate and industrialists who competed for the plots presented in The auction. # 2 # Engineer Bu Hulaiga explained that Al Diyar Industrial Scheme is located south of the car showroom scheme and is bounded to the east by the Gulf Cooperation Council Road, with a total area of about 119 thousand square meters, and includes 51 light industries with areas ranging between 1500 and 2300 square meters in which construction is authorized in one role, It is bordered by streets with a width of 20 and 30 meters and four commercial plots licensed for construction in six floors located on the Gulf Cooperation Council Road with areas ranging between 1105 and 1512 square meters, in addition to a plot of 5638 square meters licensed for a gas station. He explained that the price of an industrial meter ranged between 1160 and 1760 riyals per square meter, according to the location and area, and the commercial 1810 riyals per square meter, and the gas station sold per square meter at 3120 riyals per square meter, adding that the prices reached this degree due to the distinction of the planned site that contains wide streets, and full services It includes water, electricity, telephone, lighting, and street asphalting networks, in addition to some secondary services, as it is located within the scope of the first phase of the urban scope, on the Gulf Cooperation Council road and close to industrial uses, workshops and warehouses.