The "Jawharat AlHafuf" Auction Was a Resounding Success, Achieving Sales Exceeding SAR 102,000,000.

The "Jouharat Al-Hofuf" auction, recently held under the organization of Manassat Real Estate Company and supervised by the Center for Enforcement and Liquidation (Infath), recorded an exceptional success with total sales exceeding SAR 102,000,000. This remarkable outcome reflects the growing confidence in the local real estate market and highlights the effectiveness of digital platforms in streamlining procedures and organizing auctions.

The auction attracted significant interest from investors and real estate professionals, owing to the strategic location and promising investment potential of the featured property—particularly its position on King Abdullah Road (Riyadh Road), one of the region’s most vital and active corridors.

This success is part of a series of auctions organized by the Infath platform, which continues its efforts to empower assets, enhance their economic efficiency, and activate partnerships with the private sector by offering professional auction experiences that align with the highest standards.

The Auctions Department team expressed their pride in this achievement, considering it a result of collaborative efforts and coordination among various stakeholders. They affirmed their ongoing commitment to providing exceptional investment opportunities that support the national economy and enhance the appeal of the real estate market. "Jouharat Al-Hofuf" stands out as one of the most prominent recent real estate auctions—not only due to the high sales value achieved but also because of the outstanding level of professionalism and strong investor response it witnessed.