November 8, 2026
A commercial land transaction valued at approximately SAR 68.8 million has been reported in Al Sahafah district, northern Riyadh. The 2,220 sqm plot is located on Prince Salman Bin Mohammed Road, with a reported price of approximately SAR 31,000 per sqm. The transaction has not yet been independently matched to an official sales record.
SAR 68.8 Million Commercial Land Sale Reported in Northern Riyadh
A commercial land transaction valued at approximately SAR 68.8 million has been reported along the commercial corridor in Al Sahafah district, northern Riyadh.
Reported Transaction Details
Location: Prince Salman Bin Mohammed Road, Al Sahafah, Riyadh.
Land area: 2,220 sqm.
Total transaction value: Approximately SAR 68.8 million.
Average price: Approximately SAR 31,000 per sqm.
Plot number: 2240/24.
Plan number: 1863/A.
Market Relevance
The reported transaction provides a pricing reference for commercial land in northern Riyadh, particularly within established commercial corridors.
No specific development scheme, land-use programme, construction contract or engineering consultancy appointment has been announced in connection with this transaction.
Current Status
The transaction has been reported by Saudi Real Estate on LinkedIn. Confirmation against the official real estate transaction register remains pending.
Source: Saudi Real Estate — LinkedIn Post.