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Emaar begins work on 2nd Saudi residential village

Jeddah, March 14, 2010

Emaar Middle East has awarded the construction contract for the first phase of Al Ghadeer Village, its second residential cluster in Al Khobar Lakes, Saudi Arabia, to Building Construction Company (BCC).

Site grading work is in progress, and construction of the villas will commence shortly, said a statement.

Emaar Middle East has already made strong progress in the construction of Al Nada Village, the first residential village, the statement said. Work on the first phase of homes in Al Nada is nearing completion.

“The progress achieved by Emaar Middle East projects in Saudi Arabia highlight the focus of Emaar on project completion and hand over,” said Dr Dia Malaeb, regional CEO of Emaar Middle East.

“Al Khobar Lakes highlights the world-class standards that Emaar brings to the kingdom. With Al Nada Village, the first of the residential villages in the community nearing completion, we are now focusing our energies on commencing work on the first phase of Al Ghadeer Village,” added Ahmad Al Kulli, general manager of Emaar Middle East.

Al Ghadeer Village is spread over an area of over 217,910 sqm. It will feature 232 residential units in sizes ranging from 275 to 500 sqm. All the villas have private fences to ensure the privacy of residents, and a well-knit street system connects the villas through pedestrian walkways.

Al Ghadeer also features green and open spaces sprawling over 8,500 sqm, and the community is anchored by a lake of area 14,000 sqm and a mosque. Residents can access project amenities that include mosques, educational complexes, a shopping centre, community centres, coffee shops and restaurants, healthcare facilities and other amenities.

Al Khobar Lakes, a multi-billion dollar project by Emaar Middle East, is a luxury lakefront development set on 2.6 million sqm featuring 80,000 sqm of serene water bodies. It also features more than 2,000 private villas with retail and leisure amenities.-TradeArabia News Service




Tags: Saudi Arabia | Emaar | property | real estate | Al Khobar Lakes | Al Ghadeer Village |

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