In this square, located outside the walls in times of Muslim Valencia, the community of citizens met on special occasions (the sar'ia). That gave its name to the neighborhood located next to it (la Xerea), already within the wall.

The building on the left is the Bancaja Cultural Center. It dates from 1891 and was remodeled in the years 1980-1982. Nothing remains of its original interior distribution as the building was adapted for its cultural work, so from 1981 it only conserves the facades.

In the foreground there is a statue of San Vicente Ferrer, who has been here since 1960. It is attributed to Ignacio Vergara, but there is not much security. The statue is located in the same square where the former convent of San Vicente Ferrer was located and near his birthplace.