Jabal Omar Development Co. (JODC) sold a 2,572 square meters (sqm) land plot within its flagship project in Makkah to Abdullah Ibrahim Mohammed Al Subeaei (AIMS Holding) for SAR 830 million, the real estate developer said in a bourse statement. According to the deal, the price per sqm is estimated at SAR 323,000.

Earlier this week, JODC inked a contract to sell a land plot within its flagship project in Makkah to an investment firm for SAR 830 million, but no further details were disclosed at the time.