Money and Business

Haram Terrace Auction: Commercial land adjacent to the Grand Mosque in Mecca

The Holy City of Mecca is preparing to host a prominent and unique real estate event. Adeer Real Estate Company, under the supervision of the Enforcement and Liquidation Center (Enfaz), is announcing a rare investment opportunity through the "Haram Terrace" hybrid public auction. This important event is scheduled to take place on Tuesday, December 30, 2025, at 4:30 PM. Investors will have the option of attending in person at the Grand Mecca Hall in the Al-Naseem district of Mecca, or participating remotely via the "Soumtek" auction platform, ensuring easy access and participation for a wide range of interested parties both within and outside the Kingdom.

The auction presents a unique real estate opportunity: a commercial/residential plot of land located in the historic Ajyad district, with a total area of ​​6,985.88 square meters. This land derives its exceptional value from its prime strategic location within the central area, its direct proximity to the Grand Mosque, and its direct access to the vital Ajyad Road. This distinguished location makes it a major attraction and a central hub for serving pilgrims and visitors to the Grand Mosque, giving it a significant competitive advantage and making it a rare find in the Makkah real estate market.

Given its historical and geographical significance, Ajyad has always been one of the most important and vibrant neighborhoods in Mecca, deeply connected to the memories of pilgrims and Umrah performers due to its proximity to the Grand Mosque. Investing in this blessed area is not merely a fleeting commercial transaction, but rather an investment in assets of ever-increasing value. The square meter in central Mecca is among the most expensive, sought-after, and secure in the Islamic world, making owning such a large plot of land adjacent to the Grand Mosque a rare and precious opportunity.

From an economic and investment perspective, this auction is of paramount importance, aligning with the goals of the Kingdom's Vision 2030, which aims to increase the capacity for receiving Umrah and Hajj pilgrims. With the significant facilitation of Umrah and visit visas, and the steady increase in visitor numbers, the urgent need for high-quality hotel and commercial projects in the areas adjacent to the Holy Mosque is evident. The development of this land is expected to contribute to strengthening the infrastructure of the accommodation sector and providing upscale housing options befitting the status of Makkah, thus generating rewarding and sustainable investment returns for developers and investors.

The oversight of this auction by the Enfaz Center reflects the commitment of relevant authorities to promoting transparency, reliability, and fairness in liquidation and sales processes, thereby strengthening investor and business confidence in the Kingdom's real estate investment environment. Adeer Real Estate Company invites all investors and interested parties to seize this promising opportunity and participate in the auction. All inquiries and direct communication are welcome via the following numbers: 920004024 or 0537588801.

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