Emaar unit launches new residential project in Jeddah Gate

Emaar Middle East says to hand over Emaar Sq offices while launching new residential towers in Saudi business zone
Emaar unit launches new residential project in Jeddah Gate
By Staff writer
Sat 17 Dec 2016 12:59 AM

Emaar Middle East announced on Wednesday that it will start to hand over its Emaar Square offices in Jeddah Gate, Saudi Arabia to investors and business owners this month.

With the final touches to the dedicated office precinct being completed, Emaar Middle East said it has also launched a third luxury residential project in Jeddah Gate under its Emaar Residences brand of homes.

Emaar Residences will be set in three towers, 17 to 21 storeys high, offering a total of 283 1 to 4-bedroom apartments and penthouses.

Other amenities include children’s playground, outdoor swimming pools for men, a spa for women with fully-equipped gym, aerobics area and other amenities. There is also a male’s fitness centre and a multipurpose hall for social occasions.

Its first residential project – Abraj Al Hilal 1 – has been fully handed over, the developer said.

A spokesperson of Emaar Middle East said: “The handover of Emaar Square offices from this month, and the launch of the third residential project prove our commitment to deliver and create sustained value for our investors.

"With the growth in demand for homes and offices in Jeddah, our projects are ideally suited for homeowners and investors for its exceptional designs, luxury services and amenities and the high quality of construction.”

Emaar Square comprises three centrally commercial buildings overlooking a central plaza with water features. A number of luxury retail outlets and a diversity of F&B attractions are situated by the plaza, while an executive office on the top of each building offers business centre amenities.

Spread over a total area of 413,000 sq metres, when completed, Jeddah Gate will have 2,009 residential units, 230,000 sq m of office space, and 68,000 sq m of retail space. Green walkways link the entire neighbourhood with public plazas surrounded by retail outlets, restaurants and cafes.

Emaar also said it will develop hospitality projects in Saudi Arabia in the near future that will be managed by Emaar’s Vida Hotels and Residences brand.

Emaar Middle East is a subsidiary of Emaar Properties, which has developed Burj Khalifa, The Dubai Mall and the ongoing Dubai Creek Harbour.

Emaar Middle East’s portfolio includes Al Khobar Lakes, and the Emaar Residences at the Makkah Royal Clock Tower.

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