Abu Dhabi Islamic Bank subsidiary, Burooj Properties, has launched property investment products within its ‘Burooj Jordan’ project, which is located in Al Jeezah in the south of the capital, Amman.
Established in partnership with Jordanian company, Al Bustan Real Estate, the Burooj Jordan project consists of more than 130 pieces of land allocated for residential units, handicrafts and light industrial use.
Situated on a strategic location on the airport road, the project is approximately 56,000m
2
in size, combining groups of residential units ranging between 750m
2
and 1,000m
2
each, and with the possibility of establishing a 24m (four-floor) residential building.
In addition, the master plan will also include groups of land allocated for light industrial use ranging between 1,000m
2
and 1,200m
2
, and other plots for smaller businesses, ranging between 300m2 and 400m
2
.
Burooj Jordan includes main roads and other branch roads to link all parts of the project, hence connecting it through a direct main road to the airport road.
The project will also have all the basic infrastructure such as water and wastewater facilities, telecommunications, electricity, as well as nearby service facilities such as schools, hospitals, mosques, and banks.
Ihsan Bilbesi, CEO, Al Bustan Real Estate, said: “The Burooj Jordan project is the first product that has emerged from our strategic partnership with Burooj Properties.”
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