Rahab Makkah Auction: 21 Real Estate Opportunities Offered by Jannat Real Estate
Jannat Real Estate, a leading real estate marketing company, announced the launch of the "Rahab Makkah Auction," under the supervision of the Enforcement and Liquidation Center (Enfaz), and based on rulings issued by the Enforcement Court and the Personal Status Court. The auction is scheduled to be held electronically via the "Somtak" platform from February 14th to 16th, 2026.
Diverse investment opportunities in the Holy City
The auction offers an exceptional opportunity for investors and real estate developers by featuring 21 diverse properties located within the urban area of Makkah. These assets include residential buildings, mixed-use residential and commercial buildings, vacant land (residential and commercial), a commercial showroom, a residential and commercial warehouse, and a residential house. This wide variety in the real estate portfolio aims to meet diverse investment needs, whether for personal ownership, real estate development, or long-term investment.
The role of "enforcement" and digital transformation in auctions
This auction is particularly significant given its oversight by the Enforcement and Liquidation Center (Enfaz), an independent government entity that aims to expedite the process of recovering entitlements and enhancing asset values. The reliance on electronic auctions through platforms like Somatak aligns with the Kingdom's Vision 2030 for digital transformation, ensuring high transparency, fair competition, and enabling a wide range of investors from various regions to participate without requiring physical attendance, thus boosting the efficiency of the real estate market.
Makkah Al-Mukarramah: A safe and sustainable investment destination
Economically, the real estate market in Makkah is one of the most stable and attractive for investment, both locally and regionally. The increasing demand for properties in the Holy City, driven by its religious significance and the year-round influx of pilgrims, gives real estate assets in Makkah added and sustainable value. The Rahab Makkah Auction comes in response to the rapid urban development in the region, offering economically viable options with promising future value for investors seeking secure assets.
Participation and communication mechanism
Jannat Real Estate Company emphasized its commitment to providing a seamless user experience through the "Somtak" platform, where interested parties can easily view all property details, including locations, sizes, and features, and participate in the bidding process. The company encouraged all investors and those wishing to seize these opportunities to register on the platform and follow the auction proceedings.
For more information, to answer inquiries and provide the necessary technical support, the company has allocated direct communication channels through the sales center at the following numbers:
- 0510100500
- 0536181816
