The real estate company “Talaal” announced the organization of a public electronic auction titled “Asalat Al Sharqiya,” supervised by the “Enforcement” Settlement and Liquidation Center by order of the Execution Court. The auction offers diverse real estate opportunities in the cities of Dammam and Khobar, through the “Waslat” auction platform.

The auction is scheduled to start on Saturday, December 27, 2025, at 09:00 AM, and will continue until Monday, December 29, 2025, with gradual closing beginning between 03:30 PM and 04:50 PM.

Promising Investment and Residential Opportunities

The auction showcases (9) distinguished properties, ranging from villas, residential houses, apartments, buildings, to land plots. These properties are distributed in vibrant neighborhoods in the Eastern Province, including:

  • Dammam: Properties in the neighborhoods (Al Ittisalat, Al Nakheel, Al Shula, Al Noor, King Fahd Suburb, Al Rawdah, and Al Khair).
  • Khobar: A residential apartment in the “Southwest Al Anabib” neighborhood.

The offered properties are distinguished by their strategic locations near main highways, educational, health, and commercial services, placing them within an active and attractive urban scope for living and investment. Among the most prominent opportunities is a “residential block” in Al Khair neighborhood with an area exceeding 7,390 square meters, a residential building in Al Rawdah neighborhood, in addition to various residential units with different areas to meet diverse needs.

Participation Mechanism

It was clarified that participation in the auction is available for interested parties by registering on the “Waslat” auction platform and charging the electronic wallet with the specified entry amount for each property, which ranges between 15,000 Riyals and 250,000 Riyals depending on the property type. The sale and vacating process is subject to the rules of the “Enforcement” Settlement and Liquidation Center.

About the Organizers

This auction comes as an extension of the role of the “Enforcement” Center as an independent governmental body supervising liquidation and asset sales, aiming to expedite the fulfillment of rights and enhance the values of transparency and competitiveness. The real estate company “Talaal” (Faal Auction License No. 4200000302) manages and markets the auction, as a leading company seeking to provide real estate services that align with its clients’ aspirations and the reality of the real estate market.

For inquiries and communication: Those interested in viewing or obtaining more details can contact the company via the number: 0500009760, or visit the auction page on the platform.

Dammam

Dammam is a major port city on Saudi Arabia’s eastern coast and serves as the capital of the Eastern Province. It grew from a small fishing village into a modern metropolis following the discovery of vast oil reserves in the region in the 1930s, which transformed it into a vital administrative and commercial hub for the Saudi oil industry. Today, it forms the core of the Dammam Metropolitan Area, a key economic center alongside Dhahran and Al Khobar.

Khobar

Khobar is a major port city on Saudi Arabia’s eastern coast, historically a small fishing village that transformed into a vital commercial hub following the discovery of oil in the region in the 1930s. Today, it forms part of the Dammam metropolitan area and is known for its modern corniche, bustling business district, and role in the Kingdom’s oil industry.

Al Ittisalat

“Al Ittisalat” is not a widely recognized historical or cultural site. The name translates to “The Communications” in Arabic, and it is most commonly associated with modern telecommunications companies or facilities in the Arab world, such as the UAE’s Etisalat. Therefore, it does not have a significant historical background as a traditional cultural landmark.

Al Nakheel

“Al Nakheel” (Arabic for “The Palm”) is a common place name in the Arab world, often referring to areas known for date palm groves. Without a specific location, it is most famously associated with the Palm Islands in Dubai, UAE—a trio of artificial archipelagoes (Palm Jumeirah, Palm Jebel Ali, and Palm Deira) constructed beginning in 2001. These ambitious land reclamation projects were created to boost tourism and luxury living, with Palm Jumeirah being the first and only one fully completed to date.

Al Shula

“Al Shula” is a historic residential neighborhood in Kuwait City, originally established in the 1950s as one of the first planned suburbs to accommodate the country’s growing population. It is known for its early examples of modern Kuwaiti architecture and community layout, reflecting the nation’s rapid development during the mid-20th century oil era.

Al Noor

Al Noor is a common name for mosques and Islamic institutions worldwide, with one of the most notable being the Al Noor Mosque in Sharjah, United Arab Emirates. Opened in 1986, it is a prominent landmark and center for Islamic culture and learning in the region. Its architecture blends traditional Islamic design with modern elements, serving as both a place of worship and a symbol of the UAE’s cultural heritage.

King Fahd Suburb

King Fahd Suburb is a major residential district in Riyadh, Saudi Arabia, named after the late King Fahd bin Abdulaziz Al Saud. It was developed in the late 20th century as part of the city’s expansion to accommodate its growing population, featuring modern infrastructure and amenities. Today, it is known as a well-planned, affluent neighborhood with a mix of villas, apartments, and commercial areas.

Al Rawdah

“Al Rawdah” refers to the Rawdah area within the Prophet’s Mosque (Al-Masjid an-Nabawi) in Medina, Saudi Arabia. It is historically significant as the original site of the Prophet Muhammad’s house and is believed by Muslims to be a garden from the gardens of Paradise. Pilgrims visit this revered space for prayer, seeking its special spiritual blessings.