Media

02/26/2013
Emaar Middle East highlights delivery of residential developments and new launches at Cityscape Jeddah
  • Company has handed over Abraj Al Hilal 1 apartments in Jeddah Gate and villas in Al Nada Village at Al Khobar Lakes
  • Elegantly furnished and superbly serviced apartments at Emaar Residences at Makkah Clock Tower to be delivered shortly 
  • Marks launch of ‘affordable luxury' residences at Abraj Al Hilal 2
  • Two-level pavilion of Emaar Middle East features models and renderings of company’s diverse portfolio in the Kingdom

Jeddah, Saudi Arabia; February 26, 2013: Emaar Middle East, the premier property developer in Saudi Arabia, is highlighting its commitment to project delivery and the launch of new residential communities within its masterplanned developments through its participation at Cityscape Jeddah. An annual networking exhibition and conference that focuses on all aspects of real estate development in the Kingdom, Cityscape Jeddah will be held from March 2 to 4, 2013, at the Jeddah Centre for Forums & Events.
 

Emaar Middle East has already handed over apartments in Abraj Al Hilal 1 in Jeddah Gate and villas in Al Nada Village, the first residential community in Al Khobar Lakes, both of which are established lifestyle communities now. The elegantly furnished and superbly serviced apartments in Emaar Residences at Makkah Clock Tower are scheduled for delivery shortly.
 

At Cityscape Jeddah, Emaar Middle East will feature an extensive pavilion, spread over two levels, showcasing its projects including Jeddah Gate, Al Khobar Lakes and Emaar Residences at Makkah Clock Tower. Visitors will have the opportunity to make informed decisions regarding the projects through displays of large-scale models of the masterplan of Jeddah Gate, Al Khobar Lakes and Emaar Residences at Makkah Clock Tower.
 

Also on display is the model and masterplan of Abraj Al Hilal 2, the newest residential tower offering ‘affordable luxury’ living, at Jeddah Gate. The sale of attractively priced one to four bedroom apartments in Abraj Al Hilal 2 is currently ongoing at Jeddah Gate Sales Centre.
 

Eng. Ahmad Al Kulli, General Manager of Emaar Middle East, said: “Cityscape Jeddah is a premier real estate event that highlights the strong growth of the Kingdom’s property sector. Having set our clear differentials in the market, Emaar Middle East is participating in the event to present to all industry stakeholders and our customers the world-class design and build quality of our projects and our emphasis on project delivery.”
 

He added: “Today, led by increasing demand for competitively priced and elegantly designed homes from the local population, the Saudi real estate market is growing at a rate of over six percent annually. This growth reflects the investor confidence in the sector, and complements the goals of the Government to provide modern homes for its citizens. The opening up of the mortgage sector has further energised the property sector. We are committed to support the housing infrastructure goals of the government, and will continue to explore opportunities for new project launches.”

 

Bringing in the proven competencies of Emaar in aesthetic project design and superior construction techniques, the company’s developments in Saudi Arabia have redefined modern lifestyles with the handover of Abraj Al Hilal 1 and Al Nada Village. These fully-established communities introduce to the Kingdom the concept of master-planned neighbourhoods with all modern lifestyle amenities in close proximity.

Jeddah Gate is located on over 400,000 sq m of land in Jeddah's new downtown. The project serves as a centre point for the city's new downtown, and is near to the main railroad linking the two Holy Cities of Makkah and Madina to Jeddah. When completed, it will have over - 230,000 sq m of modern office spaces and over 75,000 sq m of gross leasable retail space, thus strengthening the local economy.

The new Abraj Al Hilal 2 is a three-tower residential complex of 17 to 21 floors has only 308 apartments in all, ranging in size from 98 to 449 sq meters. It also features lower villas and penthouses, which are aimed at the discerning customers. Spread over a plot area of 12,300 sq m, Abraj Al Hilal 2 overlooks the King Abdullah Road, and are surrounded by exclusive stores, restaurants and other lifestyle choices.
 

Al Khobar Lakes is a luxury lakefront development set on approximately 2.6 million sq m featuring serene water bodies. It will have more than 2,000 private villas with retail and leisure amenities that are perfect for family living. In close proximity to Al Khobar City, Dhahran and Dammam, Al Khobar Lakes is one of the premier lakefront developments and the largest integrated community in the Kingdom.
 

Having successfully launched the Al Nada and Al Ghadeer Villages, Al Khobar Lakes will eventually feature a large retail centre with a gross leasable area of 95,000 sq m; 104,000 sq m of landscaping, greenery and parks; 11 mosques including a Grand Mosque for Friday Prayers; two educational facilities for both boys and girls; a shopping centre, two community centres, healthcare facilities and other amenities.
 

The Emaar Residences at Makkah Clock Tower is located on the Haram Plaza with views of the Holy Kaaba and Haram. The 316 serviced apartments are situated at the higher floors of Makkah Clock Tower from level 30 to 41.

Visit Emaar Middle East’s pavilion at Cityscape Jeddah, located at E20.